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Varian, Inc. Reports First Quarter 2008 Results
Date:1/23/2008

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NON-GAAP (ADJUSTED) FINANCIAL MEASURES (see also attached reconciliations of GAAP to Adjusted results for each of these measures):

(1) $127,661 on an adjusted basis excluding $1,391 in acquisition-related

intangible amortization, $480 in acquisition-related inventory write-

up amortization, $488 in restructuring and other related costs and

$109 in share-based compensation expense.

(2) $62,935 on an adjusted basis excluding $438 in acquisition-related

intangible amortization, $1,193 in restructuring and other related

costs and $1,414 in share-based compensation expense.

(3) $16,745 on an adjusted basis excluding $320 in restructuring and

other related costs and $115 in share-based compensation expense.

(4) $30,090 on an adjusted basis excluding the adjustments described in

items (1) - (3) above.

(5) $10,083 on an adjusted basis excluding the tax impact of the

adjustments described in items (1) - (3) above.

(6) $21,495 and $0.70 per diluted share, respectively, on an adjusted

basis excluding the adjustments (net of related tax effects)

described in items (1) - (3) above.

(7) $116,514 on an adjusted basis excluding $1,346 in acquisition-related

intangible amortization, $271 in acquisition-related inventory write-

up amortization and $108 in share-based compensation expense.

(8) $57,576 on an adjusted basis excluding $901 in acquisition-related

intangible amortization, $115 in restructuring and other related

costs and $2,609 in share-based compensation expense.

(9) $15,482 on an adjusted basis excluding $128 in share-based

compensation expense.

(10) $28,366 on an adjusted basis excluding the adjustments described in

items (7) - (9) above.

(11) $10,215 on an adjusted basis excluding
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SOURCE Varian, Inc.
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