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* determines baseball Operating margin carlos zambrano observes of 22.1 percent represented a 230 basis point declinecompared with the second quarter of 2008 on lower volumes and unfavorableproduct mix within the segment.For the second quarter of 2009, Fluid & Metering Technologies contributed 46percent of sales and 41 percent of operating income; Health & ScienceTechnologies accounted for 22 percent of sales and 19 percent of operatingincome; Dispensing Equipment accounted for 14 percent of sales and 17 percent ofoperating income; and Fire & Safety/Diversified Products represented 18 percentof sales and 23 percent of operating income. Conference Call to be Broadcast over the InternetIDEX will broadcast its second quarter earnings conference call over theInternet on Tuesday, July 21, 2009 at 9:30 a.m CT. * Operating margin of 21.9 percent reflected a 330 basis point decline comparedwith the second quarter of 2008 due to lower volumes in Europe.Fire & Safety/Diversified Products* Sales in the second quarter of $62 million reflected a 20 percent declinecompared with the second quarter of 2008 (-14 percent organic and -6 percentforeign currency translation). The organic decline wasprimarily due to significant market softness in the non-core HST businesses.

* Operating margin of 15.7 percent reflected a 250 basis point decline comparedwith the second quarter of 2008 baseball managers . Excluding the impact of the Semrockacquisition, operating margin was 14.9 percent, a 330 basis point declinecompared with the prior-year period due to lower sales.Dispensing Equipment* Sales of $46 million in the second quarter reflected a 19 percent declinecompared with the second quarter of 2008 (-13 percent organic and -6 percentforeign currency translation), as a result of continued deterioration in capitalspending for both the North American and European markets chicago blackhawks . * Operating margin of 15.4 percent represented a 320 basis point declinecompared with the second quarter of 2008 chicago cubs . Excluding the impact of acquisitions,operating margin was 17.2 percent, a 140 basis point decline compared with theprior-year period due to lower sales.Health & Science Technologies* Sales in the second quarter of $74 million reflected a 15 percent declinecompared to the second quarter of 2008 (+5 percent acquisitions, -18 percentorganic and -2 percent foreign currency translation) chicago cubs ringtones . For the full year, we project organic revenue to declineapproximately 15 percent resulting in adjusted diluted EPS of $1.35 to $1.45." Lawrence D. Kingsley Chairman and Chief Executive Officer Business Highlights (excluding restructuring-related charges)Fluid & Metering Technologies* Sales in the second quarter of $157 million reflected a 12 percent declinecompared to the second quarter of 2008 (+11 percent acquisitions, -20 percentorganic and -3 percent foreign currency translation).

Given the current conditions and assuming no economic recovery in the secondhalf, we expect third quarter EPS in the range of 33 to 37 cents on a fullydiluted basis baseball ticket . At the sametime, we are proving that our operating model enables us to both flex our coststructure and continue to generate cash carlos zambrano . Operating margin of 15 percent and freecash generation at 180 percent of net income are both respectable achievementsfor the quarter chicago blackhawks . We expect that energy, water, and select health and science end markets willmodestly improve in the second half of 2009; however we also expect thatindustrial process and dispensing end markets will remain challenged for thebalance of the year . Our team is focused on growing market share during the downturn andwe continue to find new opportunities to reinvest in the business. * EBITDA of $61 million was 18 percent of sales and covered interest expense by14 times. * Free cash flow of $50 million includes the estimated annual $6M contributionto pension plans and represents 180 percent of net income."We are pleased with our second quarter results given the current marketenvironment.