New York, November 04, 2014 -- The announcement that Stryker Corporation's subsidiary, Howmedica Osteonics Corp. (known as Stryker Orthopaedics), has reached a Settlement Agreement to resolve certain litigation related to its Rejuvenate Modular-Neck hip stem and ABG II Modular-Neck hip stem products is credit negative but has no effect on Stryker's ratings or outlook at this time. For additional information, please refer to Moody's Issuer Comment on Stryker available at Moodys.com.

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