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EXHIBIT 99.2
[IMS HEALTH LOGO]
IMS HEALTH INCORPORATED
200 NYALA FARMS, WESTPORT, CT 06880
[_______], 2000
TO ALL IMS HEALTH STOCKHOLDERS:
On [______], 2000, the Board of Directors of IMS Health Incorporated ("IMS
HEALTH") declared a dividend of all of the shares of ST Spin, Inc. ("New
Strategic Technologies") in order to achieve the spin-off of New Strategic
Technologies as a separate, independently traded public company.
If you are a stockholder of IMS HEALTH as of the close of business on
[______], 2000, the record date for the dividend, stock certificates
representing your shares in New Strategic Technologies will be mailed to you
automatically on or about [ ], 2000. For every 20 shares of IMS HEALTH that you
hold as of the close of business on this date, you will receive one share of New
Strategic Technologies. The IMS HEALTH certificates you currently hold will
continue to represent your investment in IMS HEALTH.
Shares of New Strategic Technologies will trade "regular way" on the Nasdaq
National Market beginning [_______], 2000. The symbol for New Strategic
Technologies will be "[XXX]". Shares of IMS HEALTH will continue to trade on the
New York Stock Exchange under the symbol "RX".
Detailed information on New Strategic Technologies and the spin-off plan is
contained in the accompanying document, which we suggest that you read for
information purposes.
The Board believes the spin-off will allow each company to focus on single
industry markets, tailor unique business strategies, capital structures and
investments designed to meet customer needs, while enhancing speed and
competitiveness thus creating shareholder value.
Sincerely,
Victoria R. Fash
President and
Chief Executive Officer
IMS Health Incorporated
