PITTSBURGH, May 2 /PRNewswire-FirstCall/ -- 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 2007 financial results on Thursday, May 24, 2007, at 10 a.m. ET. The Company will release its financial results before the market opens.

The dial-in number to access this call is (800) 263-8506 or (719) 457-2681 for international callers. A replay will be available at (888) 203-1112 or (719) 457-0820 for international callers, with access pass code 1014241. The replay will be available from approximately 1 p.m. ET on May 24, 2007, through 1 a.m. ET on May 31, 2007.

Investors and other interested parties may also access a live webcast of the May 24, call through Mylan's web site at http://www.mylan.com. Please log on at least 15 minutes before the event is to begin to register and download or install any necessary audio software. A replay of the webcast will be available on http://www.mylan.com until May 31, 2007.

Mylan Laboratories Inc. in a leading pharmaceutical company with three principle subsidiaries, Mylan Pharmaceuticals Inc., Mylan Technologies Inc. and UDL Laboratories Inc., and a controlling interest in Matrix Laboratories Limited, India. Mylan develops, licenses, manufactures, markets and distributes an extensive line of generic and proprietary products.

For more information about Mylan, visit http://www.mylan.com.

SOURCE Mylan Laboratories

CONTACT: Patrick Fitzgerald or Kris King, both of Mylan Laboratories
Inc., +1-724-514-1800
Web site: http://www.mylan.com