Danaher Corporation Announces Signing a Definitive Agreement to Acquire LEM Instruments

Danaher Corporation Announces Signing a Definitive Agreement to
Acquire LEM Instruments 


WASHINGTON, Dec. 23  /PRNewswire-FirstCall/ -- Danaher Corporation (NYSE: DHR)
announced today that it has signed a definitive agreement to purchase LEM
Instruments, a division of Swiss based LEM Group for approximately $57 million
in cash including transaction costs and net of cash acquired. With primary
operations in the United Kingdom and Austria, LEM Instruments produces and
sells a comprehensive array of electrical measurement solutions used in both
commercial and industrial applications. The business generated fiscal 2004
revenues of approximately $45 million and will become a part of Danaher's
Electronic Test platform. The company expects minimal accretion in 2005. The
acquisition remains subject to regulatory approval and other customary closing
conditions and is expected to close in the first quarter of 2005.

Danaher Corporation is a leading manufacturer of Process/Environmental Controls
and Tools and Components. (http://www.danaher.com/)

Statements in this release that are not strictly historical may be
"forward-looking" statements. These forward-looking statements include
statements about future business operations, financial performance, market
conditions and the integration of the LEM Instruments and Danaher businesses.
Such forward-looking statements involve risks and uncertainties as set forth in
the Danaher's filings with the United States Securities and Exchange
Commission. 

DATASOURCE: Danaher Corporation



CONTACT:  Andy Wilson, Vice President, Investor Relations, of Danaher

Corporation, [phone]



Web site:  http://www.danaher.com/ 

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