New Video Exposes Failures of Incumbent Biovail Board and Executives - Reinforces Plan for a Better Biovail



    Bruce Brydon to host a Web Cast and Question and Answer Session for
    Analysts

    TORONTO, June 14 /CNW/ - The Concerned Shareholders announced today that
a new video has been posted on the Better Biovail website that further
highlights the failures of the Incumbent Board and management team and
re-iterates the Concerned Shareholders proposed four point plan. Please visit
www.betterbiovail.com to watch this video and learn more about the plan for a
better Biovail.
    In addition, Bruce Brydon will be hosting an interactive question and
answer web cast for analysts on Tuesday, June 17, 2008 at 8:30 a.m. eastern
time. The web cast will be an opportunity to speak with Bruce in detail
regarding the Concerned Shareholders proposed slate of nominees; the
four-point plan; and the strategy for moving forward.
    Please visit www.betterbiovail.com for further details on this analyst
web cast.




For further information:

For further information: Canadian Media: Duncan Fulton, (416) 645-3655,
Duncan.fulton@fleishman.ca; US Media: Mike Sitrick, (310) 788-2850,
Mike_sitrick@sitrick.com

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BRUCE BRYDON

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