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Varian, Inc. Reports Fourth Quarter 2009 Results
Date:11/4/2009

Impairment of private company equity investment - - - 0.06 Restructuring and other related costs 0.01 0.03 0.22 0.12 ------- ------- ------- ------- As adjusted $ 0.40 $ 0.78 $ 2.01 $ 2.62 ======= ======= ======= ======= Free Cash Flow U.S. GAAP as reported - Net cash provided by operating activities $33,558 $19,396 $112,887 $79,021 Adjustments: Proceeds from sale of property, plant and equipment 344 470 6,454 1,735 Purchase of property, plant and equipment (4,245) (7,286) (25,073) (23,960) ------ ------ ------- ------- As adjusted - Free Cash Flow $29,657 $12,580 $94,268 $56,796 ======= ======= ======= =======


                    VARIAN, INC. AND SUBSIDIARY COMPANIES
            RECONCILIATION OF GAAP TO ADJUSTED RESULTS - ACTUAL
                     UNAUDITED RESULTS OF OPERATIONS
                    (In thousands, except margin data)

             Fourth Quarter FY 2009 and Fourth Quarter FY 2008
                                   and
                  Full Year FY 2009 and Full Year FY 2008

                                 Fiscal Quarter Ended    Fiscal Year Ended
                                 --------------------    -----------------
                                  October 2, October 3, October 2, October 3,
                                      2009      2008      2009      2008
                                     -------   -------   -------   -------
    TOTAL COMPANY (Continued)
    -------------------------
    Operating Earnings
      U.S. GAAP as reported     $5,104    $32,859   
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SOURCE Varian, Inc.
Copyright©2009 PR Newswire.
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