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Danaher Declares Takeover Offers for Vision Systems Unconditional; Offer Scheduled to Close 24 November 2006
PRNewswire
WASHINGTON

Danaher Corporation announced today that its wholly owned subsidiary, DJ Acquisition Pty Ltd ("DJAPL"), has freed its takeover offers ("Offers") for Vision Systems Limited ("Vision") from all of the defeating conditions, including the 50.1% minimum acceptance condition contained in Appendix 2 of the Bidder's Statement.

Accordingly, the Offers are now fully unconditional.

Danaher also announces that it is accelerating payment terms under the Offers. The cash consideration will be dispatched to accepting shareholders within 5 business days of the receipt by DJAPL of a valid acceptance. The cash consideration for shareholders that have already validly accepted the Offers will be dispatched within 5 business days of this announcement.

Danaher notes that the offer is scheduled to close at 7:00pm (Melbourne time) on 24 November 2006 (unless extended) and urges Vision shareholders to accept the Offers without delay.

Vision shareholders with any questions in relation to the Offers should call Danaher's offer information line on 1800 24 22 00 (toll free from within Australia) or +61 2 9207 3835.

SOURCE: Danaher Corporation

CONTACT: Andy Wilson Vice President, Investor Relations of Danaher
Corporation, +1-202-828-0850, Fax: +1-202-828-0860