Elan Corporation PLC

Elan Corporation, plc announced today that it will host a conference call on
Wednesday, February 18, 2004 at 8:00 a.m. Eastern Standard Time (EST), 1:00 p.m.
Greenwich Mean Time (GMT) with the investment community to discuss Elan's fourth
quarter and full year 2003 financial results, which will be released before the
U.S. and European financial markets open.

Live audio of the conference call will be simultaneously broadcast over the
Internet and will be available to investors, members of the news media and the
general public.

This event can be accessed by visiting Elan's website at www.elan.com and
clicking on the Investor Relations section, then on the event icon. The event
will be archived and available for replay for 24 hours. The replay telephone
number is 800 633 8284 or 402 977 9140, reservation number 21183360.

About Elan

Elan is focused on the discovery, development, manufacturing, sale and marketing
of novel therapeutic products in neurology, severe pain and autoimmune diseases.
Elan (NYSE: ELN) shares trade on the New York, London and Dublin Stock
Exchanges.

CONTACT: Elan Corporation, plc
         Investors:                          
         Emer Reynolds, 353-1-709-4000 
         or            
         800-252-3526  
         or                      
         Media:           
         Anita Kawatra, 212-407-5755
         or
         800-252-3526