Announcement Under Irish Takeover Rules Relevant Securities In Issue – October 10, 2014

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In accordance with Rule 2.10 of the Irish Takeover Rules, Covidien plc
COV
(the “Company”) confirms that, as of the close of business on October 9, 2014, the Company's issued share capital, excluding treasury shares, consisted of 452,620,558 ordinary shares, par value US$0.20 per share (the “Ordinary Shares”). The International Securities Identification Number (ISIN) of the Ordinary Shares is IE00B68SQD29. The Company confirms that, as of the close of business on October 9, 2014, there were outstanding 1,628,200 restricted share units (the “Restricted Share Units”) and 13,061,618 options to purchase Ordinary Shares (the “Share Options”) granted by the Company. Upon vesting, each Restricted Share Unit entitles the holder to receive one Ordinary Share and each Share Option entitles the holder to purchase one Ordinary Share at the applicable exercise price. The Company also confirms that, as of the close of business on October 9, 2014, there were outstanding performance share units (the “Performance Share Units”) entitling holders to receive up to a maximum of 1,459,936 Ordinary Shares upon vesting, assuming satisfaction of the applicable performance criteria at maximum performance.
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