Danaher Corporation acquires Radiometer A/S

Danaher Corporation acquired Radiometer A/S for approximately $652 million in cash (net of $77 million in acquired cash), a transaction completed in January 2004, structured as Cash tender offer.

Radiometer A/S operates in Process/Environmental Controls (Medical Technology platform), is based in Denmark. Danaher acquired 95.4% of the share capital of Radiometer, a Danish maker of blood gas analysis and other medical equipment with annual revenues of approximately $300 million, through a cash tender offer, then submitted a mandatory offer for the remaining shares (total consideration expected to be approximately $687 million).

Radiometer formed the core of a new Medical Technology platform expected to provide additional revenue and earnings growth for Danaher.

These businesses, the core of a new Medical Technology platform, are expected to provide additional revenue and earnings growth opportunities for the Company.Danaher Corporation Form 10-K for fiscal year 2003

Advisory firms were not disclosed for this transaction.

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