ORANGE : Bergen Brunswig

Nature of business: Wholesale distributor of pharmaceuticals and health care products Total employees: 4,200 In Orange County: 625 Stock listing in The Times: On Nyse “BergBr” Ticker symbol: “BBC” Thursday’s stock close: $17.13 One-week change: Down $0.87 Analyst review: “Bergen Brunswig is taking steps to adjust to market conditions and to digest the acquisitions of the past two years. The driving factor behind it is its successful restructuring, which will cut costs and improve the bottom line. It consolidated several of its regional distribution centers and reduced staffing levels. This will have a positive effect on earnings per share, which we predict at $1.55, up from $1.38 a year ago. But the fruits of the restructuring won’t be seen in the current quarter. In fact, earnings per share are expected to be quite low at 26 to 28 cents. But the street is aware of the factors behind this and after the first quarter passes, there will most likely be a renewal of interest in the stock.” --Michael Sgro, analyst NatWest Securities Corp., New York

Revenue (in billions of dollars) ‘89: $3.4 ‘90: $3.9 ‘91: $4.3 ‘92: $5.0 ‘93: $6.8

Profit (in millions of dollars) ‘89: $48 ‘90: $66 ‘91: $64 ‘92: $61 ‘93: $26* Corporate outlook: “Our objective of being the most efficient distributor of pharmaceuticals and health care products was helped this year through acquisitions, which increased our market share. We will continue to pursue strategic acquisitions that meet our objectives of adding value to the business through increased earnings and lower operating costs.” Robert E. Martini, chairman/CEO

5-YEAR SUMMARY: RETURN ON STOCKHOLDER INVESTMENT

Fiscal year ending Aug. 31 Aug. 31 Aug. 31 Aug. 31 Aug. 31 1989 1990 1991 1992 1993 52-week high $21.59 $23.70 $26.20 $23.13 $24.38 52-week low $12.16 $16.41 $17.09 $16.00 $14.38 Book value per share $12.14 $10.37 $11.13 $11.04 $11.48 Price per share $21.13 $18.50 $21.80 $19.00 $17.13 Net profit per share $1.33 $1.47 $1.44 $1.53 $0.72* Price-to-earnings ratio 16:1 13:1 15:1 12:1 24:1* Avg. return on investor equit 14% 13% 13% 12% 7%*

* 1993 figures include provisions for restructuring and one-time charges totaling $22.3 million ($36.0 million before taxes).For more information call or write Bergen Brunswig Corp.: 4000 Metropolitan Drive, Orange, CA, 92668 (714) 385-4000 Source: Bergen Brunswig Corp.; Bloomberg Business News