BAUSCH & LOMB UPDATES STATUS OF FINANCIAL REPORTING

Bausch & Lomb is filing a Form 12b-25 today with the Securities and Exchange Commission (SEC) indicating that it must delay filing its 10-K which was otherwise required to be filed on March 16, 2005, and that it expects to file its 2005 Annual Report on Form 10-K on or before April 30, 2006. The reasons for the Company's delay in filing its 10-K are set forth in its Form 12b-25 filing today, to which readers are directed, and are summarized below.

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