Covidien Declares Quarterly Cash Dividend

Covidien Ltd. (NYSE: COV; BSX: COV) announced today that its Board
of Directors has declared a quarterly cash dividend of $0.16 per
common share. The dividend is payable on February 11, 2008, to
shareholders of record on January 25, 2008.

ABOUT COVIDIEN LTD.

Covidien is a leading global healthcare products company that
creates innovative medical solutions for better patient outcomes and
delivers value through clinical leadership and excellence. Covidien
manufactures, distributes and services a diverse range of
industry-leading product lines in five segments: Medical Devices,
Pharmaceutical Products, Imaging Solutions, Medical Supplies and
Retail Products. With 2007 revenue of $10 billion, Covidien has more
than 43,000 employees worldwide in 57 countries, and its products are
sold in over 130 countries. Please visit www.covidien.com to learn
more about our business.