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Danaher Corporation Chief Executive Officer Comments on Earnings Guidance at Smith Barney Citigroup Conference
PRNewswire-FirstCall
WASHINGTON

Danaher Corporation announced today that its President and Chief Executive Officer, H. Lawrence Culp, Jr., will revise the Company's guidance for 2004 first quarter earnings per share to $.81 to $.86 and 2004 full year earnings per share to $3.95 to $4.10. This represents an increase from previously given earnings guidance of $.76 to $.81 per share for the first quarter 2004 and 2004 full year earnings per share of $3.85 to $4.00. Mr. Culp will be presenting at the Smith Barney Citigroup Industrial Manufacturing investors conference in New York City at 10:30 a.m. today. The presentation will be webcast and may be accessed at www.danaher.com.

Mr. Culp said, "We are pleased to see broad-based momentum across our businesses. The acceleration of the economic recovery we experienced at the end of 2003 has continued into the first quarter of 2004. We would caution that we are still early in this recovery as well as the new year, however, we are confident in our ability to take full advantage of the improved economic environment."

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

Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include risks and uncertainties relating to customer and supplier relationships and prices, competition, market demand, litigation and other contingent liabilities, the integration and operation of acquired businesses, and economic, political, governmental and technological factors affecting the Company's operations, markets, products, services and prices, among others, as set forth in the Company's SEC filings.

SOURCE: Danaher Corporation

CONTACT: Andy Wilson, VP-Investor Relations for Danaher Corporation,
+1-202-828-0850