Bigger Global Footprint FUKUOKA, JAPAN TAIPEI, TAIWAN SYDNEY, AUSTRALIA AUCKLAND, NEW ZEALAND HONG KONG TOKYO, JAPAN SHANGHAI, CHINA CHENGDU, CHINA BANGKOK, THAILAND CHENNAL, INDIA GUANGZHOU, CHINA SEOUL, KOREA BEIJING, CHINA GOTEMBA, JAPAN GREENSIDE, SOUTH AFRICA MOSCOW, RUSSIA TEL AVIV, ISRAEL SWITZERLAND GLYPH<127> MUNSINGEN GLYPH<127>  WINTERTHUR GLYPH<127> BAAR MÖDLING, AUSTRIA TREVISO, ITALY MILAN, ITALY CATANIA, ITALY NETHERLANDS GLYPH<127> AMERSFOORT GLYPH<127> UTRECHT PRAGUE, CZECH REPUBLIC STOCKHOLM, SWEDEN KIEL, GERMANY BRUSSELS, BELGIUM LILLE, FRANCE ALTON, UK SWINDON, UK PARIS, FRANCE RENNES, FRANCE FREIBURG, GERMANY VICHY, FRANCE ETUPES, FRANCE TOULOUSE, FRANCE MADRID, SPAIN BARCELONA, SPAIN AIX EN PROVENCE, FRANCE PLANTATION, FL STATESVILLE, NC DOVER, OH WARSAW, IN MINNEAPOLIS, MN MEMPHIS, TN CARLSBAD, CA CALABASAS, CA AUSTIN, TX SAN JUAN, PUERTO RICO TORONTO, CANADA PONCE, PUERTO RICO SINGAPORE ZIMMER  FACILITIES CENTERPULSE  FACILITIES ZIMMER AND  CENTERPULSE  FACILITIES 17% * 19% * 64% * CHENNAI, INDIA ZIMMER  FACILITIES CENTERPULSE  ZIMMER AND  CENTERPULSE  FACILITIES Of 2003 reported sales * AMERICAS EUROPE ASIA PACIFIC With sales of $1,208 million, an increase of 30 percent over prior year, the Americas led the company in overall sales dollar growth. Zimmer stand alone † sales in the Americas increased 19 percent. 15 percent of this growth resulted from incremental increases in volume and changes in mix of product sales, while 4 percent resulted from price increases. Sales of $366 million for the year  represent an increase of 115 percent over prior year. Zimmer stand alone † sales in Europe increased 38 percent. 19 percent of this growth resulted from incremental increases in volume and changes in mix of product sales, 17 percent from favorable currency effects and 2 percent from price increases. Sales of $327 million for the year  represent an increase of 21 percent over prior year. Zimmer stand alone † sales in Asia Pacific increased 14 per- cent. 4 percent of this growth resulted from incremental increases in volume and changes in mix of product sales, 9 percent from favorable currency effects and 1 percent resulted from price increases. Sales of reconstructive implants increased 33 percent. Zimmer stand alone † reconstructive sales increased 22 percent, knee sales 24 percent  and hip sales 21 percent. The United States accounts for the vast majority of sales in this region. Zimmer ranked #1 in the U.S.  reconstructive market. †† Knee and hip sales growth in constant currencies for Zimmer stand alone † was well above the market growth at 17 percent and 27 percent, respec- tively. France, Germany, Italy, Spain, Switzerland, and the United Kingdom account for approximately 80 percent of sales in the region. In addition, Zimmer operates in other key markets such as the Benelux, Nordic, Central and Eastern Europe. Knee and hip sales growth in constant currencies for Zimmer stand alone † was 6 percent and 4 percent, respec- tively. Japan is Zimmer’s largest  market outside the U.S., and accounts for the majority of sales in this region.  Zimmer ranked #1 in the Japanese reconstructive market. †† Zimmer ranked #1 in the European reconstructive market. †† ZIMMER HOLDINGS, INC. 345 East Main Street P.O. Box 708 Warsaw, IN 46580 U.S.A. www.zimmer.com †“Zimmer stand alone” refers to sales for the period less sales from acquired Centerpulse businesses.  †† Estimates from Wall Street Research and Zimmer, based on publicly reported sales.