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Waters Corporation Announces Stock Repurchase Program

MILFORD, Mass.--(BUSINESS WIRE)--Feb. 28, 2007--Waters Corporation (NYSE:WAT) announced today that on February 27, 2007, its Board of Directors authorized the Company to repurchase up to $500 million of its outstanding common shares over the next 24 months. The previous $500 million share repurchase program authorized in October 2005 was recently completed. Purchases will be made through open market transactions, subject to market conditions and trading restrictions.

    CONTACT: Waters Corporation
             Gene Cassis, 508-482-2349
             V.P. Investor Relations

    SOURCE: Waters Corporation