PITTSBURGH, April 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Mylan Laboratories Inc. (NYSE: MYL) announced today that it will host a conference call and live webcast in conjunction with the release of its fourth quarter and fiscal 2006 financial results on Tuesday, May 9, 2006, at 5 p.m. ET. The Company will release its financial results on May 9, 2006, after the market closes.

The dial-in number to access this call is (800) 500-0311 or (719) 457-2698 for international callers. A replay will be available at (888) 203-1112 or (719) 457-0820 for international callers, with access pass code 4915650. The replay will be available from approximately 8 p.m. ET on May 9, 2006, through 8 p.m. ET on May 16, 2006.

To access the live webcast, go to Mylan's Web site at www.mylan.com and click on the webcast icon at least 15 minutes before the call is to begin to register and download or install any necessary audio software. A replay of the webcast will be available on www.mylan.com until May 16, 2006.

Mylan Laboratories Inc. is a leading pharmaceutical company with three principal subsidiaries: Mylan Pharmaceuticals Inc., Mylan Technologies Inc. and UDL Laboratories, Inc., that develop, license, manufacture, market and distribute an extensive line of generic and proprietary products.

For more information about Mylan, visit www.mylan.com.

SOURCE Mylan Laboratories Inc.

Patrick Fitzgerald or Kris King, both of Mylan Laboratories Inc., +1-724-514-1800