<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>thermoelectronex99.txt
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
                             JOINT FILING AGREEMENT


This JOINT  FILING  AGREEMENT is made and entered into by and among The Governor
and  Company  of  the  Bank  of  Ireland,  IBI  Interfunding,  BancIreland/First
Financial, Inc., BIAM (US) Inc., Iridian Asset Management LLC ("Iridian"),  COLE
Partners LLC ("COLE"), Iridian Partners Fund, L.P. ("Iridian Partners"), Iridian
Investors,  L.P.  ("Iridian  Investors")  Iridian Private  Business Value Equity
Fund, L.P. ("Iridian Private Business"),  David L. Cohen ("Cohen") and Harold J.
Levy ("Levy").

The parties to this  Agreement  hereby agree to prepare  jointly and file timely
(or otherwise  deliver as appropriate)  all filings on Schedule 13D and Schedule
13G (the  "Filings")  required to be filed by them  pursunat to Section 13(d) or
13(g) under the  Securities  Exchange Act of 1934,  as amended,  with respect to
their respective ownership of any securities of Thermo Electron Corporation that
are requireed to be reportd on any Filings. Each party to this Agreement further
agrees and covenants to the other parties that it will fully cooperate with such
other parties in the  preparation  and timely filing (and other delivery) of all
such Filings.


Date: February 11, 2003



                                THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

                             By:   /s/   John Clifford
                                   ----------------------------------
                                        John Clifford
                                        Group Secretary


                              IBI INTERFUNDING

                             By:   /s/   Terry Forsyth
                                   ----------------------------------
                                        Terry Forsyth
                                        Secretary


                              BANCIRELAND/FIRST FINANCIAL,INC.

                              By:  /s/   Diane Morrison
                                    ----------------------------------
                                        Diane Morrison
                                        Director

                              BIAM (US) INC.

                              By:  /s/   Diane Morrison
                                    ----------------------------------
                                        Diane Morrison
                                        Director

<page>

                              IRIDIAN ASSET MANAGEMENT LLC

                              By: /s/    Jeffrey M. Elliott
                                   ----------------------------------
                                       Jeffrey M. Elliott
                                       Executive Vice President

                              COLE PARTNERS LLC

                         By: /s/    Jeffrey M. Elliott
                              ----------------------------------
                                   Jeffrey M. Elliott
                                   Executive Vice President

                              IRIDIAN PARTNERS FUND, L.P.
                         By:  COLE PARTNERS LLC

                         By:  /s/ Jeffrey M. Elliott
                              ----------------------------------
                              Jeffrey M. Elliott
                              Executive Vice President

                              IRIDIAN INVESTORS, L.P.
                         By:  COLE PARTNERS LLC

                         By:  /s/ Jeffrey M. Elliott
                              ----------------------------------
                              Jeffrey M. Elliott
                              Executive Vice President

                              IRIDIAN PRIVATE BUSINESS VALUE EQUITY FUND, L.P.
                         By:  COLE PARTNERS LLC

                         By: /s/    Jeffrey M. Elliott
                              ----------------------------------
                              Jeffrey M. Elliott
                              Executive Vice President


                         By: /s/    David L. Cohen
                              ----------------------------------
                              David L. Cohen, individually


                         By: /s/    Harold J. Levy
                              ----------------------------------
                              Harold J. Levy, individually





</TEXT>
</DOCUMENT>
