Creates leading instruments company for life sciences

• Will be renamed Thermo Fisher Scientific

$10.6B stock exchange

• 2.00 TMO shares per FSH share

• Valued at $78.90 per FSH share
• FSH shareholders will own 61% pro forma
• Treated as a reverse merger with TMO as the acquirer
• FSH stock chart  TMO stock chart

Advisors

• TMO: Lehman / Rothschild / Wachtell
• FSH: Goldman / Lazard / Skadden

Announced 5.08.06

• Press release
• Slide presentation
• FSH employee message
• Form 8-K 5.11.06

Agreements

• Merger agreement

Interim communications

• Slide presentation 5.24.06

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