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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2007
Date:2/13/2008

(149,012)

Purchases of property, plant and equipment (23,096) (50,760)

Purchase of intangible assets, including

license and manufacturing access fees (2,213) (11,460)

Other assets (279) (633)

Net cash used in investing activities (183,424) (79,208)

Financing activities:

Excess tax benefit from employee stock options 14,606 9,187

Repurchase and retirement of restricted stock

for payment of taxes (1,474) (429)

Proceeds from issuance of common stock 48,680 24,395

Net cash provided by financing activities 61,812 33,153

Effect of exchange rate changes on cash and

cash equivalents 86 612

Net (decrease) increase in cash and cash

equivalents (11,942) 55,577

Cash and cash equivalents at the beginning

of year 87,905 32,328

Cash and cash equivalents at the end of year $75,963 $87,905

Contact:

Michael Watts

Sr. director, investor relations and

corporate communications

858-410-8673


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SOURCE Gen-Probe Incorporated
Copyright©2008 PR Newswire.
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