ICON Davy Irish Equity Forum Mr. Brendan Brennan – VP Investor Relations September 23rd 2009

1. ICON Davy Irish Equity ForumMr. Brendan Brennan – VP Investor Relations September 23rd 2009

2. Forward Looking Statements Certain statements contained herein including, without limitation, statements containing the words “believes,” “anticipates,” “intends,” “expects” and words of similar import, constitute forward-looking statements concerning the Company's operations, performance, financial condition and prospects. Because such statements involve known and unknown risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This presentation includes selected non-GAAP financial measures. For a presentation of the most directly comparable GAAP financial measures, please refer to the Quarter 2 2009 press release consolidated income statement headed Consolidated Income Statements (Unaudited) (US GAAP)

3. Global Full Service Clinical Development

4. ICONs Global Footprint

5. ICON Plc Staff Growth 1990 - Today

6. Market Environment

7. Market Fundamentals Still Intact • Outsourcing Penetration expected to increase • More Strategic approach to outsourcing • Cost containment • Globalisation of clinical research • Continued R&D Spending Growth. • Pipelines remain solid • Scientific innovation continues to expand • Increasing Regulation • More patients/ more studies • Post marketing surveillance

8. Increased Outsourcing • Clients are increasingly focused on their core competencies of • Discovery • Strategic Development • Marketing • Clients are engaging CROs at a more strategic level • Level of management engagement (Executive to executive) • Level of co-operative engagement i.e. sharing drug pipeline intentions • Deeper reliance on CRO scientific and therapeutic expertise • Reduced internal capacity in the companies of strategic partners e.g. staff or asset transfers/reductions • Clients likely to move their % outsourced from ≈ 30% to >50% over the next 5+ years

9. Market Fundamentals Still Intact • Outsourcing Penetration expected to increase • More Strategic approach to outsourcing • Cost containment • Globalisation of clinical research • Continued R&D Spending Growth. • Pipelines remain solid • Scientific innovation continues to expand • Increasing Regulation • More patients/ more studies • Post marketing surveillance

10. Clinical Compounds in Development

11. R&D Spending Growth

12. CRO Market Size 1996 – 2012 (E)

13. Total Biotech Funding ($ Millions)

14. Market Fundamentals Still Intact • Outsourcing Penetration expected to increase • More Strategic approach to outsourcing • Cost containment • Globalisation of clinical research • Continued R&D Spending Growth. • Pipelines remain solid • Scientific innovation continues to expand • Increasing Regulation • More patients/ more studies • Post marketing surveillance

15. Opportunities…. but also Risks ICON in this Market Environment

16. Net Volume of RFPs 2003 to Q2 2009 Net volume represents only those opportunities which were ultimately outsourced

17. Net New Business Wins and Book to Bill Ratio Book to Bill Ratio Net Business Wins

18. Analysis of Business Wins Q2 09 Net Wins H1 09 Net Wins

19. Analysis of Backlog by client Q2 09

20. Total Backlog Level ($ Millions) 14%

21. Coverage of next 4 quarters from Backlog Value of backlog forecast to be earned in next 4 quarters % coverage of next 4 quarters forecast revenues

22. Projects of Longer duration lead to slower backlog burn

23. Strategy

24. ICON’s Core Strategy is Organic Growth,with acquisitions made to add new services or scale • Capitalise on market fundamentals to drive organic growth in all business units. • Cross-sell services to grow sales and margin • Build Deep Strategic Relationships • Create Stronger differentiation across our services • Retain a flexible business model to respond to differing client outsourcing strategies • Pursue acquisitions to enhance depth and scale of current operations and to add additional complementary services e.g. • Safety/Late Phase • Imaging • Japan • Acquisitions to date – 13 • Revenues acquired $130m • Staff acquired – 1,200 • => Organic growth >80% • Phase I • Bioanalytical / Biomarkers • Therapeutic specialists

25. Market Feedback

26. ICON in recent Surveys • “ICON is one of three CRO’s cited most frequently as sponsor’s favourite CRO vendors” • “Our confidence goes up that ICON is the right name to own in this environment, given their consistent quality” • ““ ICON is a darling of the industry, the company's stunning growth in 2006 and 2007 surprised its peers. Now, the Dublin-based company is still outpacing just about everybody, but at a less accelerated clip.”

27. Financial Performance

28. Net Revenue CAGR of 28% since 2005 (E) CAGR 28% * Mid point of Guidance July 22nd

29. Earnings Per Share Growth (E) CAGR 35% * Mid point of Guidance July 22nd

30. Cash Flow from Operations / Free Cash Flow FCF Per Share * Estimate assumes DSO of approx 60 days. Historic periods FCF exclude Head-office construction costs

32. Return on Equity

33. Recent Financial Performance ($ millions) Quarter 2 2009

34. Recent Financial Performance ($ millions) H1 2009

35. Summary Balance Sheet and Cash Flow($ millions)

36. ICON Key Financial Metrics($ millions)

37. ICON Plc Historic Share Price Performane ICON S&P 500 Nasdaq Composite

38. Investment Case Summary • Top Global Clinical CRO - #4 • Deep customer relationships • Quality of staff • Experienced Management team • Excellent Reputation • Solid market fundamentals • Outstanding record of growth • Strong balance sheet