News Releases

<< Back
Waters Corporation CEO Plans Share Sale
MILFORD, Mass., Dec 27, 2001 (BUSINESS WIRE) -- Life science tool supplier and instrumentation manufacturer Waters Corporation (NYSE:WAT) announced today that Douglas Berthiaume, the company's Chairman and CEO, will initiate a pre-arranged plan of sale for a portion of his stock options in Waters Corporation. Under the terms of the plan, in compliance with SEC Rule 10b5-1, Mr. Berthiaume will exercise and sell up to 400,000 shares of WAT stock each quarter over the next two years commencing in February 2002. Under the plan a maximum of 2,000,000 shares will be sold.

The planned stock selling program was designed to allow for the sale of Waters Corporation stock options expiring in 2004.

Waters Corporation holds worldwide leading positions in three complementary analytical technologies - high performance liquid chromatography (HPLC), mass spectrometry (MS), and thermal analysis (TA). These account for $4.2 billion of the overall $19 billion analytical instrumentation market.

CONTACT:          Waters Corporation
                  Brian Mazar
                  508-482-2193

URL:              http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire.  All rights reserved.