X0202 3 2007-06-05 0 0000730469 ALPHARMA INC ALO 0001340516 PETER LADELL W 857 17TH AVENUE SOUTH NAPLES FL 34102 1 0 0 0 Restricted Stock Unit Common Stock A 5117 D Restricted Stock Units vest immediately upon Reporting Persons retirement from the Issuer's Board of Directors (the "Board"). Restricted Stock Units do not have an expiration date, but they are subject to forferture if the Reporting Person voluntarily resigns from the Board, subject to the terms and conditions of the Restricted Stock Unit Award Agreement. Each Restricted Stock Unit represents the right to receive one share of the Issuer's Class A Common Stock, for no additional consideration, upon the vesting of such Restricted Stock Unit, all in accordance with the terms and conditions of the Restricted Stock Unit Award Agreement, dated as of the date of the grant between the Reporting Person and the Issuer. For informational purposes only , the closing price of the Issuer's Class A Common Stock on June 5, 2007 was $25.41. By: Marie Amerasinghe For: Peter J Ladell 2007-06-07