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IDEXX Laboratories Announces Fourth Quarter and Full Year Results
Date:1/30/2009

Curr- Per- from Divesti- ency Net CAG Dec. 31, Dec. 31, Dollar centage Currency tures Effect Revenue 2008 2007 Change Change (1) (2) (3) Instruments and consumables $318,533 $289,271 $29,262 10.1% 1.0% - 9.1% Rapid assay products (4) 146,867 133,508 13,359 10.0% 0.9% - 9.1% Laboratory and consulting services 288,244 255,193 33,051 13.0% 1.5% 2.5% 9.0% Practice information systems and digital radiography 61,291 53,385 7,906 14.8% (0.2%) - 15.0% Pharmaceutical products(4) 19,121 19,092 29 0.2% - (2.5%) 2.7% Net CAG revenue $834,056 $750,449 $83,607 11.1% 1.0% 0.8% 9.3% (1) Represents the percentage change in revenue attributed to the effect of changes in currency rates from the twelve months ended December 31, 2007 to the twelve months ended December 31, 2008. (2) Represents the percentage change in revenue attributed to incremental revenues during the twelve months ended December 31, 2008 compared to the twelve months ended December 31, 2007 from businesses acquired, divested or discontinued subsequent to January 1, 2007. (3) Organic Growth (4) In connection with restructuring the remaining pharmaceutical business, certain product lines were realigned to other business units and therefore the related product revenue has been reclassified from the CAG segment to Other and from the Pharmaceutical product category to the Rapid Assay product category.


    IDEXX Laboratories, Inc. and Subsidiaries
    Consolidated Balance Sheet
    Amounts in thousands (Unaudited)

                                                      December
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SOURCE IDEXX Laboratories, Inc.
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