Danaher Corporation Chief Executive Officer Comments on Outlook
PRNewswire-FirstCall
WASHINGTON

Danaher Corporation announced today that its President and Chief Executive Officer, H. Lawrence Culp, Jr., will comment on the company's performance in a presentation at the Morgan Stanley Industrials Conference in Phoenix, AZ. Mr. Culp will communicate that the company's year over year revenue growth from existing operations for the 2004 third quarter through the month of August 2004 was towards the high end of the communicated range of 5 to 8%. In addition, the company will realize $.01 per share for the 2004 third quarter due to a reduction in the company's effective tax rate from 30.0% to 28.5%. As a result, earnings per share for the 2004 third quarter will likely be near, to slightly above, the high end of the previously given guidance range of $.54 to $.59.

Mr. Culp's presentation will be webcast at 1:45 p.m. Eastern time (10:45 a.m. Phoenix time) and may be accessed on Danaher's webpage 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 presentation 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 of Danaher Corporation,
+1-202-828-0850