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PPD Announces Second Quarter 2008 Earnings Release, Webcast and Conference Call

WILMINGTON, N.C.-(Business Wire)-July 2, 2008 - PPD, Inc. (Nasdaq: PPDI) will release its second quarter 2008 financial results on Tuesday, July 22, 2008, after the market closes. The earnings release will be available on the PPD Web site at http://www.ppdi.com, FirstCall and Business Wire.

On Wednesday, July 23, 2008, at 9 a.m. ET, PPD will conduct a live conference call and audio webcast to discuss financial results and the overall business environment. A Q&A session will follow. The conference call will be broadcast live over the Internet and will also be available using the following direct dial numbers:

Participant toll free dial in (U.S./Canada): +877 644 0692

Participant toll free dial in (International): +706 634 2439

Conference ID: 54570429

All interested parties can access the webcast through the Investor Presentations & Events link in the Corporate section of the PPD Web site at http://www.ppdi.com. The webcast will be archived shortly after the call for on-demand replay.

PPD is a leading global contract research organization providing discovery, development and post-approval services as well as compound partnering programs. Our clients and partners include pharmaceutical, biotechnology, medical device, academic and government organizations. With offices in 31 countries and more than 10,400 professionals worldwide, PPD applies innovative technologies, therapeutic expertise and a commitment to quality to help its clients and partners maximize returns on their R&D investments and accelerate the delivery of safe and effective therapeutics to patients. For more information, visit our Web site at http://www.ppdi.com.

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