STERIS Corporation Announces Fiscal 2008 Third Quart...(hnologies products or applications orthe...),Health

Date:1/30/2008

hnologies, products or applications, or the Company's business initiatives will take longer, cost more or produce lower benefits than anticipated, (c) the possibility that application of or compliance with laws, court rulings, regulations, certifications or other requirements or standards may delay or prevent new product introductions, affect the production and marketing of existing products, or otherwise affect Company performance, results, or value, (d) the potential of international unrest or effects of fluctuations in currencies, tax assessments or rates, raw material costs, benefit or retirement plan costs, or other regulatory compliance costs, (e) the possibility of reduced demand, or reductions in the rate of growth in demand, for the Company's products and services, and (f) the possibility that anticipated cost savings may not be achieved, or that transition, labor, competition, timing, execution, regulatory, governmental, executive transition or other issues or risks associated with the matters described in this release, or the referenced conference call, may adversely impact Company performance, results, or value.

STERIS Corporation

Consolidated Condensed Statements of Income

(In thousands, except per share data)

Three Months Ended Nine Months Ended

December 31, December 31,

2007 2006 2007 2006

(Unaudited)(Unaudited)(Unaudited)(Unaudited)

Revenues $313,974 $298,967 $889,920 $847,570

Cost of revenues 183,775 171,266 517,339 487,733

Gross profit 130,199 127,701 372,581 359,837

Operating expenses:

Selling, general, and

administrative 85,612 82,594 260,100 243,789

Restructuring expense
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