News Release Detail

June 17, 2002

Mylan Declares Regular Quarterly Cash Dividend

Mylan Declares Regular Quarterly Cash DividendPITTSBURGH--(BUSINESS WIRE)--June 17, 2002--Mylan Laboratories Inc. (NYSE:MYL) announced today that the regular quarterly cash dividend of four cents per share will be paid on July 15, 2002 to shareholders of record June 30, 2002.

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CONTACT: Mylan Laboratories Inc., Pittsburgh
Patricia Sunseri, 412/232-0100