Biogen Idec Receives Director Nomination Proposal



    Biogen Idec (NASDAQ: BIIB) today announced that it has received
    notice from Icahn Partners LP and certain of its affiliates for the
    nomination of three individuals, Alexander J. Denner, Richard C.
    Mulligan and Anne B. Young, to Biogen Idec´s Board of Directors at the
    Company´s 2008 Annual Meeting.

    The notice also includes a proposal to amend the Company´s bylaws
    to set the size of the Board at 12.

    Biogen Idec´s Board said it will review the notice and consider it
    in light of the best interests of all shareholders of the Company.

    About Biogen Idec

    Biogen Idec creates new standards of care in therapeutic areas
    with high unmet medical needs. Founded in 1978, Biogen Idec is a
    global leader in the discovery, development, manufacturing, and
    commercialization of innovative therapies. Patients in more than 90
    countries benefit from Biogen Idec´s significant products that address
    diseases such as lymphoma, multiple sclerosis, and rheumatoid
    arthritis. For product labeling, press releases and additional
    information about the company, please visit www.biogenidec.com.

    Important Information

    Biogen Idec and its directors, executive officers and other
    members of its management and employees may be deemed to be
    participants in the solicitation of proxies from the stockholders of
    Biogen Idec in connection with the Company´s 2008 annual meeting of
    stockholders. Information concerning the interests of participants in
    the solicitation of proxies will be included in any proxy statement
    filed by Biogen Idec in connection with the Company´s 2008 annual
    meeting of stockholders.

    In addition, Biogen Idec files annual, quarterly and special
    reports with the Securities and Exchange Commission (the "SEC"). The
    proxy statements and other reports, when available, can be obtained
    free of charge at the SEC´s web site at www.sec.gov or from Biogen
    Idec at www.biogenidec.com. Biogen Idec stockholders are advised to
    read carefully any proxy statement filed in connection with the
    Company´s 2008 annual meeting of stockholders when it becomes
    available before making any voting or investment decision. The
    Company´s proxy statement will also be available for free by writing
    to Biogen Idec Inc., 14 Cambridge Center, Cambridge, MA 02142. In
    addition, copies of the proxy materials may be requested from our
    proxy solicitor, Innisfree M&A Incorporated, by toll-free telephone at
    (877) 750-5836 or by e-mail at info@innisfreema.com.