Investor Presentaiton

2Q15 Developed Markets Highlights Developed markets grew by a high-single-digit percentage year-over-year. In Western Europe, sales increased by a low-single-digit percentage year-over- year, primarily due to unfavorable FX impact. Without the currency impact, we would have achieved double-digit sales growth. In North America, we recorded decent sales growth of a low-teen percentage, mainly due to sales contribution from the Mahwah business. ■We anticipate our performances in the European markets to be further affected by negative FX trends as well as increasing competition from Japanese and European companies. 15 mindray

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