GDT Guidant Corp

Guidant Corporation (NYSE:GDT) today announced that the company's board of directors declared a third quarter dividend of $0.10 per share on outstanding common stock. This dividend amount is equal to the previous dividend paid during the first two quarters of 2005 and brings the total dividend declared this year to $0.30 a share on outstanding common stock. The dividend is payable September 15, 2005, to shareholders of record on September 1, 2005. Guidant Corporation pioneers lifesaving technology, giving an opportunity for a better life today to millions of cardiac and vascular patients worldwide. The company, driven by a strong entrepreneurial culture of more than 12,000 employees, develops, manufactures and markets a broad array of products and services that enable less invasive care for some of life's most threatening medical conditions. For more information, visit www.guidant.com. NOTE TO MEDIA: For more information about Guidant, including its products and services, please visit the company's newsroom at www.guidant.com/newsroom.