Danaher Corporation announced today it has completed the divestiture of API Heat Transfer, Inc. to an affiliate of Chicago based Madison Capital Partners for $66 million. API Heat Transfer Inc. was part of Danaher's API acquisition in 2000 and was recorded as an asset held for sale at the time of the acquisition. Danaher expects to record an immaterial gain on the sale.

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.

  CONTACT:  Patrick Allender
            Chief Financial Officer
            (202) 828-0850

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SOURCE: Danaher Corporation