Accordingly, Danaher has now acquired, or reached agreements to acquire at its option, an aggregate of 14,703,526 First Technology shares representing approximately 19.5% of First Technology's issued share capital. As previously announced, Danaher has also reached agreement, which is conditioned on the initial offer or for First Technology not matching within seven days the offer made by Danaher, to acquire an additional approximately 10% of First Technology's issued share capital. Should this condition be satisfied, Danaher would have acquired or reached agreement to acquire at its option, a total of 22,184,483 shares, or approximately 29.5% of First Technology's issued share capital.
Statements in this document that are not statements of historical fact should be considered to be forward looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward looking statements, including the factors described in Danaher's Annual Reports on Form 10 K for the year ended 31 December 2004 and its most recent quarterly report filed with the SEC. Danaher disclaims any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this document.
Danaher Corporation's recommended cash offer for First Technology plc is not being made, directly or indirectly, in, into or from Canada, Australia or Japan.
SOURCE: Danaher Corporation
CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher
Corporation, +1-202-828-0850, Fax: +1-202-828-0860
Web site: http://www.danaher.com/