Danaher Corporation today announced that its Chief Executive Officer, George Sherman, expressed comfort with security analysts' consensus earnings per share estimate of $.56 for the first quarter ending March 31, 2001. Mr. Sherman's comments were made today at an investor conference sponsored by Salomon Smith Barney in New York.

Mr. Sherman stated, "While the slowdown in the U.S. manufacturing sector is broader based, our cost reduction actions in preparation for such leave us in a good position to deliver our near term expectations. While no one can truly predict the length and depth of the current economic woes, we feel comfortable that we will continue to outperform in a difficult economy."

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.

SOURCE: Danaher Corporation