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Exhibit 99
Contact: Jeanie Herbert (714) 773-7620
Manager, Investor Relations
BECKMAN COULTER ANNOUNCES TWO-FOR-ONE STOCK SPLIT,
INCREASES DIVIDEND
FULLERTON, California, -- October 5, 2000 -- Beckman Coulter, Inc.
(NYSE: BEC) announced today that its Board of Directors has declared a
two-for-one stock split of the Company's common stock in the form of a 100
percent stock dividend payable on December 7, 2000. The split entitles each
stockholder of record on November 15, 2000 to receive one additional share of
common stock for every share held on that date. Trading will begin on a
split-adjusted basis on December 8, 2000.
The Board also approved an increase in the quarterly cash dividend from
$0.16 per share to $0.17 per share on a pre-split basis, payable on November 10,
2000, to stockholders of record on October 20, 2000.
"These actions by the Board of Directors reflect Beckman Coulter's
strengthening positions in our core markets of life science research and
clinical diagnostics. Beckman Coulter is well positioned to capitalize on the
explosion of science that is fueling the development of new therapeutics and
transforming the practice of medicine," commented Chairman, President and Chief
Executive Officer John P. Wareham.
Beckman Coulter, Inc. is a leading provider of instrument systems and
complementary products that simplify and automate processes in life science and
clinical laboratories. The company's products are used throughout the world in
all phases of the battle against disease, from pioneering medical research and
drug discovery to diagnostic testing that aids in patient treatment. Annual
sales for the company totaled $1.8 billion in 1999, with approximately half of
this amount generated outside the United States. For more information visit
www.beckmancoulter.com.
