Danaher Corporation announced that its President and Chief Executive Officer, H. Lawrence Culp, Jr., affirmed his comfort with analysts' earnings per share consensus estimates of $.73 for the third quarter and narrowed the earnings per share range for the year to $2.70 to $2.75 from the previous range of $2.65 to $2.75. Mr. Culp said, "While we continue to view the near term markets as sluggish, our continued cost focus, including the restructuring initiated at the end of last year, makes us more comfortable in achieving our 2002 earnings objectives."

Danaher presented today at an investor conference sponsored by Morgan Stanley in New York City. A replay of the presentation is available at http://www.danaher.com/ .

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, which involve risks and uncertainties. These include economic and currency conditions, market demand, pricing, and competitive and technological factors, among others, as set forth in the company's SEC filings.

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SOURCE: Danaher Corporation