Perrigo Company Announces Dividend Increase

ALLEGAN, Mich., Oct. 29 /PRNewswire-FirstCall/ -- Perrigo Company (Nasdaq:
PRGO;TASE) today announced that its Board of Directors declared a quarterly
dividend of $0.0625 per share, payable on December 15, 2009 to shareholders of
record on November 27, 2009. The new quarterly dividend of $0.0625 per share
represents a twelve percent increase over $0.055 per share paid in the last
four quarters.

Perrigo Company is a leading global healthcare supplier that develops,
manufactures and distributes over-the-counter (OTC) and generic prescription
pharmaceuticals, nutritional products, active pharmaceutical ingredients (API)
and consumer products. The Company is the world's largest manufacturer of OTC
pharmaceutical products for the store brand market. The Company's primary
markets and locations of manufacturing facilities are the United States,
Israel, Mexico and the United Kingdom. Visit Perrigo on the Internet
(http://www.perrigo.com).

SOURCE Perrigo Company

Arthur J. Shannon, Vice President, Investor Relations and Communication,
+1-269-686-1709, ajshannon@perrigo.com, or Daniel B. Willard, Manager,
Investor Relations and Communication, +1-269-686-1597, dbwillard@perrigo.com