For Immediate Release - September 24, 2007

PATRICK ADMINISTRATION ANNOUNCES OVER $2 MILLION IN INFRASTRUCTURE GRANTS TO SUPORT I-93 JUNCTION AND BRING NEW JOBS AND GROWTH TO WYETH PHARMACEUTICALS

Commonwealth partners with Andover and Wyeth to unlock the significant economic development potential of the Merrimack Valley and create the long-term possibility for thousands of new jobs

BOSTON - Monday, September 24, 2007 - Governor Deval Patrick today announced $2.4 million in state grants to the town of Andover to launch the long awaited I-93 Interchange and support the local road improvements that will support 100 new jobs and future expansion at Wyeth Pharmaceuticals and the long term economic vitality of a region that has been land locked due to the lack of accessibility. The grants, funded through the Massachusetts Opportunity Relocation and Expansion (MORE) Jobs Capital program and the Public Works Economic Development (PWED) program will help ensure that the region will have the funds necessary to support long term business relocation and/or expansion leading to economic development and job growth.

"This is an excellent example of what we can accomplish by partnering with industry and investing in our communities," said Governor Patrick. "Wyeth has shown strong leadership in the life science industry and here in the Merrimack Valley and we need to ensure that this growth can continue throughout the region."

The Junction I-93 Development Area is located in Andover, Wilmington and Tewksbury, MA adjacent to Interstate Route 93 between Exit 41 and Exit 42. Andover will receive $1.4 million in MORE funds and $1 million in PWED funds, which will go towards the design and construction of the highway interchange and local roads in the three municipalities. The commitment from the state makes available over $9 million in federal funds for the project.

Senator Ted Kennedy said, "This announcement means less congestion and significant new economic growth for the Merrimack Valley. I'll continue to work with Governor Patrick and the delegation to provide the necessary federal support, so that Wyeth and the high-skilled workforce of the region can continue to grow."

Michael Kamarck, Senior Vice President at Wyeth Biotech, said that moving forward with the Lowell Junction interchange creates a historic opportunity not just for Wyeth but also for the entire Merrimack Valley.

"We are extremely grateful for the governor's support of this critical economic development initiative and for his leadership in building jobs and infrastructure for the Merrimack Valley," Kamarck said. "Initiatives such as this are crucial for Massachusetts companies to compete more effectively in an intensely competitive global environment. The medicines we produce at the Wyeth campus in Andover are used to treat life-threatening diseases and improve human health world-wide and we are appreciative of Governor Patrick's commitment to the Life Sciences here in Massachusetts."

An I-93 Interchange working group has already been formed, consisting of representatives from each of the municipalities, members of the Massachusetts Permit Regulatory Office, and local property owners. The team is meeting to begin the planning process for the project and expects to begin the MEPA process as early as this fall.

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