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EXHIBIT 99.1
SCHEIN PHARMACEUTICAL, INC.
PROXY SOLICITED BY THE BOARD OF DIRECTORS
FOR THE SPECIAL MEETING OF STOCKHOLDERS
TO BE HELD ON AUGUST 28, 2000
The undersigned hereby appoints Robert C. Funsten and G. Frederick
Wilkinson, and each of them, as attorneys and proxies of the undersigned, with
full power of substitution, to vote all of the shares of stock of Schein
Pharmaceutical, Inc., a Delaware corporation, which the undersigned may be
entitled to vote at the special meeting of stockholders of Schein
Pharmaceutical, Inc. to be held at 100 Campus Drive, Florham Park, NJ 07932 on
Monday, August 28, 2000 at 9:00 a.m., local time, and at any and all
postponements, continuations and adjournments thereof, with all powers that the
undersigned would possess if personally present, upon and in respect of the
following matters and in accordance with the following instructions, with
discretionary authority as to any and all other matters that may properly come
before the meeting.
UNLESS A CONTRARY DIRECTION IS INDICATED, THIS PROXY WILL BE VOTED FOR
PROPOSAL 1 AS MORE SPECIFICALLY DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS. IF
SPECIFIC INSTRUCTIONS ARE INDICATED, THIS PROXY WILL BE VOTED IN ACCORDANCE
THEREWITH.
(Continued, and to be dated and signed on other side)
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MANAGEMENT RECOMMENDS A VOTE FOR PROPOSAL 1.
This proxy when properly executed will be Please mark your votes as [X]
voted in the manner directed herein by the indicated in this example.
undersigned stockholder. If no direction is
given, this proxy will be voted FOR approval
of the Agreement and Plan of Merger listed
in Proposal 1.
PROPOSAL 1: To approve and adopt the Agreement and Plan of Merger, dated as of
May 24, 2000, among Watson Pharmaceuticals, Inc., a Nevada
corporation, WS Acquisition Corp., a Delaware corporation and a
wholly owned subsidiary of Watson, and Schein Pharmaceutical, Inc.
[ ] FOR [ ] AGAINST [ ] ABSTAIN
DATED _________________ __________________________________
__________________________________
SIGNATURE(S)
Please sign exactly as your name
appears hereon. If the stock is
registered in the names of two or
more persons, each should sign.
Executors, administrators,
trustees, guardians and
attorneys-in-fact should add their
titles. If signer is a corporation,
please give full corporate name and
have a duly authorized officer
sign, stating title. If signer is a
partnership, please sign in
partnership name by authorized
person.
PLEASE VOTE, SIGN, DATE AND PROMPTLY RETURN THIS PROXY IN THE ENCLOSED RETURN
ENVELOPE WHICH IS POSTAGE PREPAID IF MAILED IN THE UNITED STATES.
