Karlson Elisa A. [Rocket]

Date	Name	Symbol	Type	Security	Shares	Price	Value	Reported
09/28/2010	VALEANT PHARMACEUTICALS INTERNATIONAL	VRX	Disposition	Non-qualified Stock Option (right to buy)	56k	$38.47	$2.2M	09/28/2010
09/28/2010	VALEANT PHARMACEUTICALS INTERNATIONAL	VRX	Disposition	Non-qualified Stock Option (right to buy)	99.1k	$15.47	$1.5M	09/28/2010
09/28/2010	VALEANT PHARMACEUTICALS INTERNATIONAL	VRX	Disposition	Incentive Stock Option (right to buy)	25.9k	$15.47	$400k	09/28/2010
09/28/2010	VALEANT PHARMACEUTICALS INTERNATIONAL	VRX	Disposition	Common Stock	218.7k	$0.00	$0	09/28/2010