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PRESS RELEASE : Danaher To Acquire Textronix

Tektronix Board of Directors unanimously recommends acceptance of all-cash offer
Addition of Tektronix would significantly expand Danaher's leading global position in Electronic Test

Washington, D.C. and Beaverton, Ore., October 15, 2007 – Danaher Corporation (NYSE: DHR) and
Tektronix, Inc. (NYSE: TEK) today announced they have reached a definitive agreement under which
Danaher will make a cash tender offer to acquire all of the outstanding common shares of Tektronix
for $38.00 per share. The aggregate purchase price is approximately $2.8 billion, including debt,
transaction costs and net of cash acquired.

The Board of Directors of Tektronix has unanimously recommended that Tektronix shareholders
accept and tender their shares into the offer, which represents a premium of approximately 34% to
Tektronix's closing price on October 12, 2007. The offer is subject to customary conditions, including
tender of a majority of the outstanding shares into the offer (on a fully diluted basis but excluding
any shares issuable pursuant to the Tektronix Notes), regulatory approvals, and the absence of a
material adverse change with respect to Tektronix. The transaction is expected to be completed in
the fourth quarter of 2007.

With annual revenues of approximately $1.1 billion, Tektronix is a leading supplier of test,
measurement, and monitoring products enabling the design, manufacture, and management of
next-generation global communications networks, computing and advanced technologies.
Tektronix's products and solutions address the needs of industry leaders in the communications,
computer, semiconductor and consumer electronics -- as well as military/aerospace, education and
a broad range of other industries.

Tektronix would become part of Danaher's Electronic Test platform, joining Danaher's Fluke and
Fluke Networks businesses, and nearly doubling the platform's revenues. The combined brands are
some of the most highly recognized in each of their respective product segments.

Danaher's President and CEO, H. Lawrence Culp, Jr., said, "With its well recognized brand,
significant global reach and broad based expertise in providing solutions for end-users in research
and product development for high-growth industries we believe Tektronix provides an excellent
complement to our existing Electronic Test business. We have long admired Tektronix's product
innovation and excellent reputation. Through the application of the Danaher Business System we
believe we can continue to deliver strong results in our established businesses and look at attractive
adjacent markets for future growth opportunities. We are very pleased to welcome Tektronix's
management team and associates to Danaher."

Richard H. Wills, Chairman of the Board, President and Chief Executive Officer of Tektronix, said,
"The combination of Danaher and Tektronix enables us to leverage each other's strengths and build
on our commitment to long-term growth, innovation and continuous productivity improvement. We
believe this is a compelling transaction for Tektronix shareholders and that the combined efforts of
Danaher and Tektronix will extend the leadership position we have built in our served markets
throughout the world."

The transaction will be a "fundamental change" under the terms of the indenture governing
Tektronix's $345 million aggregate principal amount 1.625% Senior Convertible Notes due 2012,
which will entitle the noteholders to convert their notes into a cash amount based on the value of a
certain number of common shares to be determined by a formula set forth in the indenture.

Danaher and Tektronix will hold a conference call today at 9:00 a.m. EDT to discuss this transaction. The U.S.dial-in number is 888-204-4519; the international dial-in number is 913-312-9330; with reference ID Code 9416681. A telephone replay will be available by dialing 888-203-1112 in the US; and 719-457-0820 internationally; with ID Code 9416681. The replay will be available through October 22, 2007. The conference call and replay will also be available via webcast in the Investor section of and

Danaher 3rd Quarter Outlook
Danaher also announced today that adjusted earnings per share for the third quarter of 2007 are
anticipated to be at, or slightly above, the high end of the previously communicated range of $0.92
to 0.97 per share before the impact of approximately $0.04 per share from certain favorable tax
items and a lower tax rate that the Company expects to record during the quarter.

About Danaher

Danaher Corporation is a leading manufacturer of Professional Instrumentation, Medical
Technologies, Industrial Technologies and Tools and Components

About Tektronix

Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and
services for the communications, computer, consumer electronics, and education industries -- as
well as military/aerospace, semiconductor, and a broad range of other industries worldwide. With 60
years of experience, Tektronix enables its customers to design, build, deploy, and manage nextgeneration global communications networks, advanced and pervasive technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix's Web address is

NOTICE TO INVESTORS: This announcement is neither an offer to purchase nor a solicitation of an
offer to sell securities. The tender offer for the outstanding shares of Tektronix common stock
described in this press release has not commenced. At the time the offer is commenced an indirect, wholly-owned subsidiary of Danaher will file a tender offer statement on Schedule TO with the Securities and Exchange Commission and Tektronix will file a solicitation/recommendation statement on Schedule 14D-9 with respect to the offer.
The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be made available to Tektronix security holders at no expense to them. In addition, all of those materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC's Web site:

Statements in this document that are not strictly historical, including statements regarding
Danaher's expected results for the third quarter of 2007, the proposed acquisition of Tektronix, the
expected timetable for completing the transaction, future financial and operating results, benefits
and synergies of the transaction, the conversion of Tektronix's convertible notes, future
opportunities for the combined company and any other statements about managements' future
expectations, beliefs, goals, plans or prospects, may constitute forward looking statements. There
are a number of risks and uncertainties that could cause actual results or events to differ materially
from those suggested or indicated by such forward looking statements, including: conditions
affecting the industries in which Tektronix operates; the uncertainty of regulatory approvals; the
parties' ability to satisfy the tender offer and merger agreement conditions and consummate the
transaction; Danaher's ability to successfully integrate Tektronix's operations and employees with
Danaher's existing business; the ability to realize anticipated synergies and cost savings; and the
other factors described in Danaher's Annual Report on Form 10-K for the year ended December 31,
2006 and other SEC filings of Danaher as well as the SEC filings of Tektronix, including Tektronix's
Annual Report on Form 10-K for the year ended May 26, 2007 and Tektronix's Quarterly Report on
Form 10-Q for the quarter ended September 1, 2007. These forward-looking statements speak only
as of the date of this release and neither Danaher nor Tektronix intends to update any forward
looking statement except as required by law.

Danaher contacts:


Andy Wilson
Vice President, Investor Relations
Danaher Corporation
(202) 828-0850


Dan Gagnier
Sard Verbinnen & Co.
(212) 687-8080 X226

Tektronix contacts:


Paul Oldham
VP Treasurer and Investor Relations
Tektronix, Inc.
503 627-4027


Alisha Goff
Corporate Communications
Tektronix, Inc.
503 627-7075