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

Net cash provided by operating activities $143,343 $135,124 Investing: Cash Flows from Investing Activities: Decrease in investments, net - 35,000 Purchase of property and equipment (89,237) (65,138) Acquisition of businesses and intangible assets (8,649) (89,884) Proceeds from sale of assets 7,025 - Acquisition of equipment leased to customers (734) (1,106) Net cash used by investing activities $(91,595) $(121,128) Financing: Cash Flows from Financing Activities: Borrowings under notes payable, net 78,955 69,992 Purchase of treasury stock (132,342) (118,387) Proceeds from the exercise of stock options 16,360 20,941 Tax benefit from exercise of stock options 6,237 9,267 Net cash used by financing activities $(30,790) $(18,187) Net effect of exchange rate changes (2,450) 2,885 Net decrease in cash and cash equivalents 18,508 (1,306) Cash and cash equivalents, beginning of period 60,360 61,666 Cash and cash equivalents, end of period $78,868 $60,360

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