Stryker Announces Share Repurchase Program

KALAMAZOO, Mich., Feb. 13 Stryker Corporation(NYSE: SYK) today announced that its Board of Directors has authorized theCompany to repurchase up to $750 million of its common stock. Purchases maybe made from time to time in the open market, in privately negotiatedtransactions or otherwise. The manner, timing and amount of any purchaseswill be determined by the Company's management based on their evaluation ofmarket conditions, stock price and other factors and will be subject toregulatory considerations. Any shares acquired will be available for generalcorporate purposes, including offsetting dilution associated with stock optionand other equity-based employee benefit plans. The Company had 411.0 millionshares of common stock outstanding as of December 31, 2007.

Stryker Corporation is one of the world's leading medical technologycompanies with the most broadly based range of products in orthopaedics and asignificant presence in other medical specialties. Stryker works withrespected medical professionals to help people lead more active and moresatisfying lives. The Company's products include implants used in jointreplacement, trauma, craniomaxillofacial and spinal surgeries; biologics;surgical, neurologic, ear, nose & throat and interventional pain equipment;and endoscopic, surgical navigation, communications and digital imagingsystems; as well as patient handling and emergency medical equipment. Formore information about Stryker, please visit the company web site atwww.stryker.com.

SOURCE Stryker Corporation

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