GSK Upbeat on Solid Results – Interviews with CEO and CFO

LONDON, February 7, 2012 /PRNewswire/ –

In an online video interview with MerchantCantos, GlaxoSmithKline CEO Sir Andrew Witty
talks about the pharmaceutical group’s special dividend, solid results and why the company
is so well positioned to continue to deliver.

Sir Andrew said “adversity isn’t all downside for everybody” and that the market
offered opportunities for companies who had strengthened and had changed their exposure to
places of growth.

“This is a time where we should feel optimistic. And certainly at GSK we do feel
optimistic. We feel like are moving into a new era for the company and we now need to
focus on absolute disciplined execution to make sure that we take advantage of all of the
opportunities that we’ve worked so hard to try and create for ourselves.”

CFO Simon Dingemans admitted there had been some margin pressure in Q4 but that he
expected margins to improve gradually. “We expect only a very gradual increase in
operating margin, and by that I mean a few tens of basis points and more in 2013 and
further thereafter.”

The interviews and transcripts are available now on

http://www.cantos.com/company/GlaxoSmithKline.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior
company executives. If you would like to contact us, please email
prnsupport@merchantcantos.com or phone +44-207-936-1352.

SOURCE GlaxoSmithKline