News Release Details

AMETEK Completes Acquisition of Roxboro's Solartron Group

September 26, 2005 at 10:11 AM EDT

PAOLI, Pa.--(BUSINESS WIRE)--Sept. 26, 2005--AMETEK, Inc. (NYSE:AME) today announced it has completed its previously announced acquisition of the Solartron Group ("Solartron") from Roxboro Group PLC for approximately GBP 42 million ($75 million). United Kingdom-based Solartron is a leading supplier of analytical instrumentation for the process, laboratory and other industrial markets with annual sales of approximately GBP 27 million ($50 million).

"Solartron is composed of an excellent set of differentiated, niche-focused businesses that fit nicely with several of our current process and analytical instrument businesses," comments AMETEK Chairman and Chief Executive Officer Frank S. Hermance. "Solartron enables us to broaden our product offering, expand our geographic reach, and capitalize on significant synergy with our existing businesses."

Solartron is composed of three businesses: Solartron Analytical, Solartron Metrology and Solartron ISA.

    --  Solartron Analytical produces high-precision analytic
        measurement instrumentation and software for the
        characterization of materials. Solartron Analytical's products
        are used for electrochemistry, corrosion analysis and advanced
        materials analysis and are sold to research, metals, and other
        industrial markets. Together with our Princeton Applied
        Research business unit, AMETEK will be the market leader for
        these types of instruments.

    --  Solartron Metrology is a leading manufacturer of digital and
        analog gauging probes, displacement transducers and associated
        instrumentation used primarily to measure the size and form of
        machined or fabricated parts. Its products are used in the
        aerospace, glass manufacturing, semiconductor and other
        industrial markets. Solartron Metrology complements AMETEK's
        Taylor Hobson business, a leader in the ultra-precision
        metrology field.

    --  Solartron ISA designs and manufactures flow measurement
        devices for the oil and gas industry. A rapidly growing market
        for ISA is Wet Gas metering. Based on patented technology,
        ISA's Dualstream(R) Wet Gas meters are able to differentiate
        between liquid and gas flows in an on-line, real-time process
        for flow metering at the well-head or transmission pipeline.
        ISA's product line is an excellent addition to AMETEK's
        existing oil and gas instrument businesses.

Solartron joins AMETEK as part of its Electronic Instruments Group (EIG) --a recognized leader in advanced monitoring, testing, calibrating, and display instruments. AMETEK EIG sells its instruments to the process and analytical, aerospace, power, and industrial markets worldwide and had 2004 sales of approximately $667 million.

Corporate Profile

AMETEK is a leading global manufacturer of electronic instruments and electric motors with annualized sales of $1.4 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion, and New Products. Its objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap 400 Index and the Russell 1000 Index.

Forward-looking Information

Statements in this news release that are not historical are considered "forward-looking statements" and are subject to change based on various factors and uncertainties that may cause actual results to differ significantly from expectations. Those factors are contained in AMETEK's Securities and Exchange Commission filings.

CONTACT: AMETEK, Inc.
William J. Burke, 610-889-5249

SOURCE: AMETEK, Inc.