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Waters Corporation Board of Directors Approves 2-For-1 Stock Split Pending Shareholder Approval
MILFORD, Mass.--(BUSINESS WIRE)--Feb. 26, 1999--On February 25, 1999, the Board of Directors of Waters Corporation (NYSE:WAT) approved a two-for-one common stock split, in the form of a 100% stock dividend, contingent upon shareholder approval at the Company's Annual Meeting scheduled to be held in Milford, Massachusetts on May 4, 1999. If approved, shareholders of record on May 27, 1999 would receive the stock dividend on or about June 10, 1999.

Waters Corporation has worldwide leading positions in three complementary analytical technologies -- HPLC, thermal analysis and mass spectrometry - which account for $3 billion in annual revenues of the $14 billion analytical instrument industry total.

   

      CONTACT: Waters Corporation
               Brian K. Mazar, 508/482-2193