Kendle Acquires UK Contract Research Organization /

Specialist Monitoring Services (SMS) CINCINNATI (PROTEXT) - Kendle International Inc., (Nasdaq:KNDL), a leading full-service clinical development organizationheadquartered in Cincinnati, Ohio announced today the acquisitionof Specialist Monitoring Services Ltd. ("SMS"), a contractresearch organization located in Crowthorne, United Kingdom. Kendle acquired SMS for a combination of cash and stock andwill account for the acquisition using the purchase method ofaccounting. Specific terms of the transaction were not disclosed.The transaction is expected to be neutral to earnings in 1999 andaccretive in 2000. "The acquisition of SMS brings us enhanced clinical monitoringcapabilities in the U.K. complementing our existing regulatoryconsulting and clinical operations," said Kendle CEO, Dr. CandaceKendle. "In addition to clinical trial management, SMS is alsoengaged in clinical resourcing and investigational sitemanagement. Their CRA training program is extremely well regardedand provides us with a steady stream of CRAs to meet marketdemands." The company, which was founded in 1992, has 108 associates.Approximately seventy percent of the associates are field based.A unique feature of SMS' business is its study site coordinatorservice. Through this service, SMS has formed partnerships withnetworks of investigational sites in both primary and secondarycare, enabling timely patient recruitment, study start-up andcompliance. Paul Martin will continue in his existing role with overallresponsibility for managing the Kendle Crowthorne office, part ofKendle International Inc. He will also be assuming additionalresponsibilities within the U.K. Kendle, which currently employs more than 1,300 associatesworldwide, is an international contract research organizationthat provides integrated clinical research and drug developmentservices on a contract basis to the pharmaceutical andbiotechnology industries. Information in this press release contains "forward-lookingstatements." These statements involve risks and uncertaintiesthat could cause actual results to differ materially, includingwithout limitation, actual operating performance, the ability ofthe combined businesses to be integrated with Kendle's currentoperations, the ability to penetrate new markets, the ability ofjoint venture businesses to be integrated with Kendle's currentoperations, and the ability to maintain large client contracts orto enter into new contracts. Additional factors that could causeactual results to differ materially are discussed in theCompany's recent filings with the Securities and ExchangeCommission, including but not limited to its Forms 10-K and S-1.ots Original Text Service: Kendle International Inc. Internet:http://www.newsaktuell.de Contact: Julie Lerner, InvestorRelations of Kendle International Inc., 513-763-1490 Web site:http://www.kendle.com

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