Qvt Advisors Private Limited
MUMBAI, India, February 22, 2010 - QVT Advisors Private Limited ("QVT") today said it supports on a without
prejudice basis the restructuring plan proposed on behalf of the holders of
the USD 110 million Foreign Currency Convertible Bonds ("Defaulted Bonds") of
Wockhardt Limited (the "Company" or "Wockhardt") and submitted to the
Corporate Debt Restructuring ("CDR") Cell, CDR lenders and the Company.