Michael Troullis Appointed Chief Financial Officer of Quintiles Transnational Corp.

    RESEARCH TRIANGLE PARK, N.C., Aug. 15 /CNW/ -- Quintiles Transnational
Corp. today announced the appointment of Michael Troullis as its Chief
Financial Officer, effective immediately.  Troullis had been acting CFO since
former CFO John Ratliff was appointed Quintiles' Chief Operating Officer last
    Troullis joined Quintiles in 1992 as Director of Finance, Europe.  Prior
to his appointment as acting CFO, Troullis was Senior Vice President and
Worldwide Controller.
    "Mike's financial expertise and deep knowledge of Quintiles and our
markets make him the best person to be the fourth CFO in Quintiles' 25-year
history," said Dennis Gillings, CBE, Chairman and Chief Executive Officer of
Quintiles Transnational.  "He has helped put in place the financial systems
and controls needed to support Quintiles' growth from a small CRO to being the
global leader in helping companies bring medicines to market faster and more
    Troullis, who will report to Gillings, has a bachelor's degree in
Economics from the University of Exeter (England) and is qualified as a United
Kingdom Chartered Accountant.
    Prior to joining Quintiles, Troullis had a 10-year career with
CooperVision, where he held several positions of increasing responsibility,
finally as European Finance Director; and six years with KPMG in the United
    Quintiles Transnational Corp. is powering the next generation of
healthcare by providing a broad range of professional services in drug
development, financial partnering and commercialization for the
pharmaceutical, biotechnology and healthcare industries. With about 19,000
employees and offices in more than 50 countries, it is focused on providing
customer-centric solutions that are the gold standard of the industry. For
more information, please visit the company's Web site at www.qtrn.com

For further information:

For further information: Pat Grebe, Media Relations, +1-919-998-2091, 
media.info@quintiles.com, or Greg Connors, Investor Relations, 
+1-919-998-2000, invest@quintiles.com, both of Quintiles Transnational Corp.

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