<SUBMISSION>
<ACCESSION-NUMBER>0000891092-03-001591
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20030721
<ITEMS>9
<FILING-DATE>20030721
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>IDEXX LABORATORIES INC /DE
<CIK>0000874716
<ASSIGNED-SIC>2835
<IRS-NUMBER>010393723
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-19271
<FILM-NUMBER>03793793
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE IDEXX DRIVE
<CITY>WESTBROOK
<STATE>ME
<ZIP>04092-2041
<PHONE>2078560300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>ONE IDEXX DRIVE
<CITY>WESTBROOK
<STATE>ME
<ZIP>04092-2041
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>IDEXX CORP / DE
<DATE-CHANGED>19600201
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e15218_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD><TITLE></TITLE>
</HEAD>
<BODY>


<p><table width=600><tr><td  align=center><font size=2><B>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, D.C. 20549</B></font></td></tr></table>

<p><table width=600><tr><td  align=center><font size=2><B>FORM 8-K</B></font></td></tr></table>

<p><table width=600><tr><td  align=center><font size=2><B>CURRENT REPORT</B></font></td></tr></table>

<p><table width=600><tr><td  align=center><font size=2><B>Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934</B></font></td></tr></table>

<p><table width=600><tr><td  align=center><font size=2><B>Date of report (Date of
earliest event reported): July 21, 2003</B></font></td></tr></table>

<p><table width=600><tr>
    <td  align=center><font size=3><B><font size="5">IDEXX LABORATORIES, INC.</font><br>
      </B><font size="2"><i> (Exact name of registrant as specified in its charter)</i></font></font></td>
  </tr></table>

<p>
<table width=600>
  <tr valign="top">
    <td  align=center width="218"><font size="2"><B>Delaware <br>
      </B><i> (State or other jurisdiction of <br>
      incorporation or organization)</i></font></td>
    <td  align=center width="162"><font size="2"><b>000-19271 <br>
      </b> <i>(Commission file number) </i></font></td>
    <td  align=center width="204"><font size="2"><b>01-0393723 <br>
      </b><i>(I.R.S. Employer Identification No.) </i></font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr valign="top">
    <td  align=center width="399"><font size="2"><B>One IDEXX Drive, Westbrook,
      Maine <br>
      </B><i> (Address of principal executive offices) </i></font></td>
    <td  align=center width="189"><font size="2"><b>04092 <br>
      </b><i>(Zip Code) </i></font></td>
  </tr>
</table>

<p><table width=600><tr>
    <td  align=center><font size=2><B>(207) 856-0300 <br>
      </B><font size="1"><i> <font size="2">(Registrant&#146;s telephone number,
      including area code)</font></i></font></font></td>
  </tr></table>

<p><table width=600><tr>
    <td  align=center><font size=2><B>Not Applicable <br>
      </B><font size="1"><i><font size="2">(Former name or former address, if
      changed since last report)</font></i></font></font></td>
  </tr></table>




<p>&nbsp;

<table width=600>
  <tr>
    <td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2"> </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td>
  </tr>
</table>
<p>&nbsp;
<hr size=5 noshade width=600 align=LEFT>
<p>
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<p>
<table width=600>
  <tr valign="top">
    <td width="45"><b><font size=2>Item 9. </font></b></td>
    <td width="542"><b><font size=2>Regulation FD Disclosure (Information furnished
      pursuant to Item 12, &#147;Disclosure of Results of Operations and Financial
      Condition&#148;).</font></b></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
      July 21, 2003, IDEXX Laboratories, Inc. (the &#147;Company&#148;) issued
      a press release announcing earnings results for the quarter ended June 30,
      2003. The full text of the press release issued in connection with the announcement
      is attached as Exhibit 99.1 to this Current Report on Form 8-K.</font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
      accordance with the procedural guidance in SEC Release No. 33-8216, the
      information in this Form 8-K and the Exhibit attached hereto is being furnished
      under &#147;Item 9. Regulation FD Disclosure&#148; rather than under &#147;Item
      12. Disclosure of Results of Operations and Financial Condition.&#148; The
      information shall not be deemed &#147;filed&#148; for purposes of Section
      18 of the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;)
      or otherwise subject to the liabilities of that section, nor shall it be
      deemed incorporated by reference in any filing under the Securities Act
      of 1933 or the Exchange Act, except as expressly set forth by specific reference
      in such a filing.</font></td>
  </tr>
</table>

<p>&nbsp;
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">2 </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;





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<p>
<table width=600>
  <tr align="center">
    <td width=600 colspan="2"><font size=2><b>SIGNATURES</b></font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
      to the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the undersigned
      hereunto duly authorized.</font></td>
  </tr>
</table>


<p>
<table width=600>
  <tr>
    <td width="300">&nbsp;</td>
    <td width="300"><font size=2>IDEXX LABORATORIES, INC.</font></td>
  </tr>
</table>



<p>
<table width=600>
  <tr valign="top">
    <td width="300"><font size=2>Date: July 21, 2003 </font></td>
    <td width="20"><font size=2>By: </font></td>
    <td width="280"><font size=2>/s/ Merilee Raines <br>
      </font>
      <hr width="100%" noshade size="1">
      <font size=2>Merilee Raines <br>
      Vice President, Finance and Treasurer <br>
      (Principal Financial and Accounting Officer)</font></td>
  </tr>
</table>

<p>&nbsp;
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">3 </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;





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<p><table width=600><tr><td  align=center><font size=2><B>EXHIBIT INDEX</B></font></td></tr></table>


<p>
<table width=600>
  <tr>
    <td width="70"><font size=2>Exhibit No.</font>
      <hr size="1" noshade width="85%" align="left">
      <font size=2> </font></td>
    <td width="518"><font size=2>Description of Exhibit</font>
      <hr size="1" noshade width="23%" align="left">
    </td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width="70"><font size=2>99.1 </font></td>
    <td width="517"><font size=2>Press Release of the Company dated July 21, 2003.</font></td>
  </tr>
</table>






<p>&nbsp;
<table width=600>
  <tr>
    <td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2"> </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td>
  </tr>
</table>
<p>&nbsp;

<hr size=5 noshade width=600 align=LEFT>
<p>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>e15218ex99_1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>
<p><table width=600><tr>
    <td>
      <div align="right"><font size="2"><b>Exhibit 99.1</b></font></div>
    </td>
  </tr></table>

<p>
<table width=600 cellpadding="0" border="0" cellspacing="0">
  <tr>
    <td>
      <div align="right"><font size="2"><img src="idexx_letterhead.gif" width="600" height="96" align="left"></font></div>
    </td>
  </tr>
</table>
<p>
<table width=600><tr><td>
      <div align="right"><font size=2><i>Contact: Merilee Raines, Vice President,
        Finance, (207) 856-0446</i></font></div>
    </td></tr></table>

<p><table width=600><tr>
    <td><font size=2><b>FOR IMMEDIATE RELEASE</b></font></td>
  </tr></table>


<p><table width=600><tr>
    <td  align=center><font size=2><B><font size="5">IDEXX Laboratories Announces
      Second Quarter Results</font></B></font></td>
  </tr></table>


<p>
<table width=600>
  <tr>
    <td><p><font size=2><b>WESTBROOK, Maine, July 21, 2003</b> &#151; IDEXX Laboratories,
        Inc. (NASDAQ: IDXX) today reported that net income increased 29% to $16.7
        million for the quarter ended June 30, 2003, from $13.0 million for the
        same period in the prior year. Earnings per diluted share for the quarter
        were $0.47, a 27% increase over earnings per diluted share of $0.37 for
        the quarter ended June 30, 2002. Revenue for the second quarter of 2003
        increased 15% to $121.8 million from $105.7 million for the second quarter
        of 2002.<br>
        <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Companion Animal Group (CAG) revenue
        for the second quarter of 2003 increased 17% to $98.8 million from $84.6
        million for the second quarter of 2002. This increase resulted primarily
        from increased sales of instruments and consumables, including the sale
        of 266 units of the Company&#146;s LaserCyte hematology system, which
        was introduced in the fourth quarter of 2002, and increased sales of rapid
        assays and laboratory services. CAG revenue grew approximately 4% due
        to the favorable impact of foreign currency exchange. </font>
      <p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Food and Environmental
        Group (FEG) revenue for the second quarter of 2003 increased 9% to $23.1
        million from $21.1 million for the second quarter of 2002 primarily due
        to increased sales of water testing and production animal diagnostic products.
        Excluding the favorable effect of foreign currency exchange, FEG sales
        would have been approximately flat relative to 2002 sales. </font></p></td>
  </tr></table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year-to-date
      results</b></font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
      income increased 43% to $28.8 million for the six months ended June 30,
      2003, from $20.1 million for the same period in 2002. Year-to-date earnings
      per share for 2003 were $0.81 per diluted share, a 42% increase over earnings
      per diluted share of $0.57 for the same period in the prior year. During
      the six months ended June 30, 2002, the Company incurred an after tax charge
      of $2.2 million, or $0.06 per diluted share, related to the retirement of
      its former CEO. Excluding the effect of the 2002 charge, income and earnings
      per share would have increased 29% and 27%, respectively, in 2003. Year-to-date
      revenue increased 14% to $231.1 million from $202.2 million for the same
      period in 2002. </font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Companion
      Animal Group revenue for the six months ended June 30, 2003 increased 16%
      to $187.0 million from $161.0 million for the same period in 2002. This
      increase resulted primarily from increased </font></td>
  </tr>
</table>

<p>
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- m o r e - </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;





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<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 2 of 7</b></font></td>
  </tr>
</table>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"> <p><font size="2">sales of instruments and consumables,
        rapid assays and laboratory services. CAG revenue grew approximately 4%
        due to the favorable impact of foreign currency exchange.</font>
      </p>
      <p><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Food and Environmental
        Group revenue for the six months ended June 30, 2003 increased 7% to $44.1
        million from $41.2 million for the same period in 2002. Sales growth was
        driven by good performance, particularly in Europe, in the water testing
        and production animal diagnostic businesses, partly offset by a decline
        in the dairy testing business. FEG revenue grew approximately 6% due to
        the favorable impact of foreign currency exchange.<br>
        </font></p>
    </td>
  </tr>
</table>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;This was an excellent quarter for IDEXX across the company,&#148; said Jonathan Ayers, President and CEO. &#147;We saw double-digit sales growth and good margin improvement, which resulted from favorable product mix, increased volumes, continued improvement in operating efficiency, and year-over-year strengthening of foreign currencies. Revenue growth was driven substantially by growth in the businesses within our Companion Animal Group, as well as favorable currency translation.&#148;</font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;We are very pleased with the ramp in sales of our LaserCyte hematology instrument. During the quarter we sold 266 units and saw continued strong demand for this revolutionary veterinary instrument platform. Just as important and as expected, we have made significant progress in all aspects of the LaserCyte program, including manufacturing, field sales and support and software. We are on track for 1,300 to 1,400 revenue units for the full year 2003.&#148;
</font></td>
  </tr>
</table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Overall for IDEXX, we are expecting the strong second quarter operating performance to flow through to the full year, and we have updated our 2003 guidance to reflect the second quarter performance.&#148;
</font></td>
  </tr>
</table>


<p><table width=600><tr>
    <td><font size=2><b>Outlook for 2003</b></font></td>
  </tr></table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
      Company offers the following guidance for the full year of 2003:</font></td>
  </tr>
</table>

<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>
Revenue is expected to be approximately $470 million.</font></td></tr></table>

<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>Operating margin is expected to be approximately 18% of revenue.</font></td></tr></table>

<p>&nbsp;
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- m o r e - </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;




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<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 3 of 7</b></font></td>
  </tr>
</table>
<p>
<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>Diluted earnings per share are expected to be approximately $1.62.
</font></td></tr></table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
      Company offers the following guidance for the third quarter of 2003:</font></td>
  </tr>
</table>

<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>Revenue
is expected to be $118 million to $120 million.</font></td></tr></table>

<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>Operating margin is expected to be 17% to 18% of revenue.
</font></td></tr></table>

<table width=600>
  <tr>
    <td width=3%></td>
    <td width=1% valign=top><font size=3>&#149;</font></td>
    <td width=3%></td>
    <td width=93%><font size=2>Diluted earnings per share are expected to be $0.39 to $0.41.
</font></td></tr></table>

<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc. is a worldwide leader in the development and commercialization of innovative, technology-based products and services for animal health. The Company&#146;s largest business is focused on companion animal health, combining biotechnology, medical device technology and information technology to aid veterinarians in providing better medicine while building successful practices. IDEXX Laboratories is also focused on employing innovative technologies to monitor production animal health and the safety and quality of drinking water and milk. Headquartered in Westbrook, Maine, IDEXX Laboratories employs over 2,400 people and offers products to customers in more than 100 countries.
</font></td>
  </tr>
</table>

<p><table width=600><tr>
    <td><font size=2><i>This press release contains forward-looking statements
as defined in the Private Securities Litigation Reform Act of 1995. These
statements are based on management&#146;s current expectations of future events,
which are subject to risks and uncertainties. If underlying assumptions prove
inaccurate, actual results could vary materially from management&#146;s expectations.
 Risks and uncertainties include timing and success of new product introductions,
 competition and technological change, government regulation and obtaining government
approvals, product demand and market acceptance of products, availability of products
and raw materials, and litigation. A further description of these risks and uncertainties
 and other factors can be found in the Company&#146;s Annual Report on Form 10-K for the year
ended December 31, 2002 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2003, in the
 section captioned &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Oper
ations.&#148; The Company assumes no obligation to update any forward-looking statements
as a result of new information or future events or developments.
</i></font></td>
  </tr></table>

<p>&nbsp;
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- m o r e - </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;




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<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 4 of 7</b></font></td>
  </tr>
</table>
<p><table border=0 cellspacing=0 cellpadding=0 width=600>
  <tr valign="bottom">
    <td nowrap colspan=2> <font size="2"><b>IDEXX Laboratories, Inc. and Subsidiaries</b></font></td>
    <td nowrap width=16>&nbsp; </td>
    <td nowrap width=57> <font size="2">&nbsp;</font></td>
    <td nowrap width=10>&nbsp;</td>
    <td nowrap width=57> <font size="2">&nbsp;</font></td>
    <td nowrap width=10>&nbsp;</td>
    <td nowrap width=10>&nbsp;</td>
    <td nowrap width=57>&nbsp; </td>
    <td nowrap width=10>&nbsp;</td>
    <td nowrap width=57>&nbsp; </td>
    <td nowrap width=11>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap colspan=2> <font size="2"><b>Consolidated Statement of Operations</b></font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57">&nbsp; </td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57">&nbsp; </td>
    <td nowrap width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap colspan=3> <font size="2"><i>Amounts in thousands except per share
      data (Unaudited)</i></font></td>
    <td nowrap width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57">&nbsp; </td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="57">&nbsp; </td>
    <td nowrap width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85">&nbsp;</td>
    <td nowrap width="219">&nbsp;</td>
    <td nowrap width="16">&nbsp;</td>
    <td nowrap colspan="3">&nbsp;</td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap colspan="3">&nbsp;</td>
    <td nowrap width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><i>&nbsp;</i></font></td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap colspan="3" align="center"> <font size="2">&nbsp;</font> <font size="2">&nbsp;<b><font size="2">Three
      Months Ended</font></b></font></td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap width="10">&nbsp;</td>
    <td nowrap colspan="3" align="center"><b><font size="2">Six Months Ended</font></b>
    </td>
    <td nowrap width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"><b>2002</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2003</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2002</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2003</b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Revenue:</b></font></td>
    <td nowrap width="219"> <font size="2">Revenue</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;105,690
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;121,846
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;202,241
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;231,093
      </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Expenses and </b></font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Income:</b></font></td>
    <td nowrap width="219"> <font size="2">Cost of revenue</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 55,795 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 62,175 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 109,285 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 119,960 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Gross profit</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"> 49,895 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 59,671 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 92,956 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 111,133 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Sales and marketing</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"> 14,392 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 17,198 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 28,090 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 33,521 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">General and administrative</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"> 9,078 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 9,835 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 20,943 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 20,190 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Research and development</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 7,726 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 8,304 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 14,908 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 15,641 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Income from operations</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"> 18,699 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 24,334 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 29,015 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 41,781 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Interest income, net</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 943 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 764 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 1,513 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 1,454 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Income before provision for income
      taxes</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 19,642 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 25,098 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 30,528 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 43,235 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Provision for income taxes</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 6,678 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 8,408 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 10,379 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 14,483 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Net Income:</b></font></td>
    <td nowrap width="219"> <font size="2">Net income</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;12,964
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;16,690
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;20,149
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;28,752
      </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Earnings per share: Basic</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85
      </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Earnings per share: Diluted</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57
      </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81
      </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Shares outstanding: Basic</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 33,821 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 34,100 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 33,851 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 33,956 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Shares outstanding: Diluted</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"> 35,193 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 35,531 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 35,164 </font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"> 35,526 </font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85">&nbsp; </td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85">&nbsp; </td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap colspan=2> <font size="2"><b>IDEXX Laboratories, Inc. and Subsidiaries</b></font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap colspan=2> <font size="2"><b>Key Operating Ratios</b> <i>(Unaudited)</i></font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=3 align="center"> <b><font size="2">Three Months Ended</font></b></td>
    <td nowrap align="center" width="10">&nbsp;</td>
    <td nowrap align="center" width="10">&nbsp;</td>
    <td nowrap colspan=3 align="center"> <b><font size="2">Six Months Ended</font></b></td>
    <td nowrap align="center" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219">&nbsp; </td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2"><b>2002</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2003</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2002</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>2003</b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Key Operating</b></font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>Ratios (as a</b></font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>percentage of</b></font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2"><b>revenue):</b></font></td>
    <td nowrap width="219"> <font size="2">Gross profit</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">47.2%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">49.0%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">46.0%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">48.1%</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Sales, marketing, general and </font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57">&nbsp; </td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">administrative expense</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">22.2%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">22.2%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">24.3%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">23.2%</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Research and development expense</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">7.3%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">6.8%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">7.4%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">6.8%</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap width="219"> <font size="2">Income from operations</font></td>
    <td nowrap width="16">&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">17.7%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">20.0%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">14.3%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">18.1%</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="bottom">
    <td width=85> <font size="2"><b>International</b></font></td>
    <td nowrap width="219"> <font size="2">&nbsp;</font></td>
    <td nowrap width="16"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">&nbsp;</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85> <font size="2"><b>Revenue:</b></font></td>
    <td width=219> <font size="2">International revenue</font></td>
    <td width=16>&nbsp; </td>
    <td nowrap align="right" width="57"> <font size="2">29.5%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">30.1%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">29.0%</font></td>
    <td nowrap align="right" width="10">&nbsp;</td>
    <td nowrap align="right" width="57"> <font size="2">30.0%</font></td>
    <td nowrap align="right" width="11">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=85>&nbsp;</td>
    <td colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
</table>
<p>&nbsp;</p>
<p>
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- m o r e - </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;




<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 4; page: 4" -->



<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 5 of 7</b></font></td>
  </tr>
</table>
<p>
<table border=0 cellspacing=0 cellpadding=0 width=600>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>IDEXX Laboratories,
      Inc. and Subsidiaries</b></font></td>
    <td width=15 nowrap valign=bottom>&nbsp; </td>
    <td width=69 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=9 nowrap valign=bottom>&nbsp;</td>
    <td width=69 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=9 nowrap valign=bottom>&nbsp;</td>
    <td width=9 nowrap valign=bottom>&nbsp; </td>
    <td width=69 nowrap valign=bottom>&nbsp; </td>
    <td width=9 nowrap valign=bottom>&nbsp;</td>
    <td width=69 nowrap valign=bottom>&nbsp; </td>
    <td width=10 nowrap valign=bottom>&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Segment Information</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="9">&nbsp; </td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><i>Amounts in thousands
      (Unaudited)</i></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="9">&nbsp; </td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><i>&nbsp;</i></font></td>
    <td nowrap valign=bottom width="177">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="9">&nbsp; </td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
    <td nowrap valign=bottom width="69">&nbsp; </td>
    <td nowrap valign=bottom width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=3 valign=bottom align="center"> <b><font size="2">Three
      Months Ended</font></b></td>
    <td nowrap valign=bottom align="center" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="center" width="9"> <b><font size="2">&nbsp;</font></b></td>
    <td nowrap colspan=3 valign=bottom align="center"> <b><font size="2">Six Months
      Ended</font></b></td>
    <td nowrap valign=bottom align="center" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>June
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>June
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>June
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>June
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Revenue:</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Companion Animal Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;84,613
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;98,794
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;161,043
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;186,982
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Food and Environmental
      Group</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 21,077
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 23,052
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 41,198
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 44,111
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Total</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;105,690
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;121,846
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;202,241
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;231,093
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Gross Profit:</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Companion Animal Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;38,242
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;46,242
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;69,900
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;85,649
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Food and Environmental
      Group</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 11,653
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 13,429
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 23,056
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 25,484
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom height="18" width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom height="18" width="177"> <font size="2">Total</font></td>
    <td nowrap valign=bottom height="18" width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" height="18" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;49,895
      </font></td>
    <td nowrap valign=bottom align="right" height="18" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" height="18" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;59,671
      </font></td>
    <td nowrap valign=bottom align="right" height="18" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" height="18" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" height="18" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;92,956
      </font></td>
    <td nowrap valign=bottom align="right" height="18" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" height="18" width="69"> <font size="2"> $&nbsp;&nbsp;111,133
      </font></td>
    <td nowrap valign=bottom align="right" height="18" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Income from</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Operations:</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Companion Animal Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;14,069
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;18,525
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;22,005
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;31,212
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Food and Environmental
      Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 5,912 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 6,552 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 11,935
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> 12,110
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Other</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> (1,282</font></td>
    <td nowrap valign=bottom align="right" width="9"><div align="left"><font size="2">)</font></div></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> (743</font></td>
    <td nowrap valign=bottom align="right" width="9"><div align="left"><font size="2">)</font></div></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> (4,925</font></td>
    <td nowrap valign=bottom align="right" width="9"><div align="left"><font size="2">)</font></div></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> (1,541</font></td>
    <td nowrap valign=bottom align="right" width="10"><div align="left"><font size="2">)</font></div></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Total</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;18,699
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;24,334
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;29,015
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;41,781
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Gross Profit</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>(as a </b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>percentage of </b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Companion Animal Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">45.2%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">46.8%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">43.4%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">45.8%</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>revenue):</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Food and Environmental
      Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">55.3%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">58.3%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">56.0%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">57.8%</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Operating </b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>Profit: (as a </b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>percentage of </b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2"><b>revenue):</b></font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Companion Animal Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">16.6%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">18.8%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">13.7%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">16.7%</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="177"> <font size="2">Food and Environmental
      Group</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">28.0%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">28.4%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="9"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">29.0%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="69"> <font size="2">27.5%</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="80">&nbsp;</td>
    <td nowrap valign=bottom colspan="11">
      <hr size="1" noshade>
    </td>
  </tr>
</table>
<p>&nbsp;
<table width=600><tr><td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- m o r e - </font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td></tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT><p>&nbsp;




<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 5; page: 5" -->




<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 6 of 7</b></font></td>
  </tr>
</table>
<p>
<table border=0 cellspacing=0 cellpadding=0 width=600>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>IDEXX Laboratories,
      Inc. and Subsidiaries</b></font></td>
    <td width=15 nowrap valign=bottom>&nbsp; </td>
    <td width=15 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=15 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=15 nowrap valign=bottom>&nbsp; </td>
    <td width=85 nowrap valign=bottom>&nbsp; </td>
    <td width=20 nowrap valign=bottom>&nbsp;</td>
    <td width=20 nowrap valign=bottom>&nbsp;</td>
    <td width=85 nowrap valign=bottom>&nbsp; </td>
    <td width=16 nowrap valign=bottom>&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Consolidated Balance
      Sheet</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><i>Amounts in thousands
      (Unaudited)</i></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><i>&nbsp;</i></font></td>
    <td nowrap valign=bottom width="242">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom width="85">&nbsp; </td>
    <td nowrap valign=bottom width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>December
      31, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>June
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Assets:</b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Current Assets:</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Cash and cash equivalents</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;113,788
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;151,434
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Short-term investments</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 33,403
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 38,691
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Accounts receivable,
      net</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 45,689
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 50,783
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Inventories</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 75,086
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 69,801
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Other current assets</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 21,154
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 21,435
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Total current assets</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 289,120
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 332,144
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Long-term investments</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 15,572
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 20,345
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Property and equipment
      - cost</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 115,309
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 120,393
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Less - Accumulated depreciation</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 65,854
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 69,521
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Property and equipment,
      net</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 49,455
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 50,872
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Goodwill, net</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 52,321
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 53,438
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Other intangible assets,
      net</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 3,836 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 3,826 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Other non-current
      assets, net</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 6,348 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 5,283 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Total assets</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;416,652
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;465,908
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Liabilities and </b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Stockholders&#146; </b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Equity:</b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Current Liabilities:</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Accounts payable</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,427
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;20,930
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Accrued expenses</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 51,710
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 57,405
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Notes payable</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 973 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 482 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Deferred revenue</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 7,662 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 9,356 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Total current liabilities</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 69,772
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 88,173
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Long-term Liabilities:</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Deferred tax liabilities</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> - </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 337 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Deferred revenue</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 5,907 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 5,304 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Total long-term liabilities</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 5,907 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 5,641 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Stockholders&#146; Equity:</b></font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Common stock, $0.10 par
      value: </font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;&nbsp;&nbsp;authorized
      60,000 shares, issued 42,331</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;&nbsp;&nbsp;shares
      in 2002 and 43,535 in 2003</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 4,233 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 4,354 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Additional paid-in capital</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 334,348
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 362,076
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Retained earnings</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 183,260
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 212,012
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Treasury stock (8,650
      shares in 2002 and </font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"> &nbsp;&nbsp;&nbsp;9,441
      shares in 2003), at cost</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> (178,357</font></td>
    <td nowrap valign=bottom align="right" width="20"><div align="left"><font size="2">)</font></div></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> (206,759</font></td>
    <td nowrap valign=bottom align="left" width="16"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=2 valign=bottom> <font size="2">Accumulated other comprehensive
      income (loss)</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> (2,511</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 411 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>Total stockholders&#146;
      equity</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 340,973
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 372,094
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Total liabilities and
      stockholders&#146; equity</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;416,652
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> $&nbsp;&nbsp;465,908
      </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>IDEXX Laboratories,
      Inc. and Subsidiaries</b></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Key Balance Sheet Statistics</b>
      <i>(Unaudited)</i></font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom width="242">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>December
      31, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>June
      30,</b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242">&nbsp; </td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81">&nbsp;</td>
    <td nowrap valign=bottom colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Key </b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Balance Sheet </b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2"><b>Statistics:</b></font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Days sales outstanding</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 40 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 38 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="81"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="242"> <font size="2">Inventory turns</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom width="15"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 1.5 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="85"> <font size="2"> 1.9 </font></td>
    <td nowrap valign=bottom align="right" width="16">&nbsp;</td>
  </tr>
</table>
<font face="Times New Roman" size="2"></font>
<p>
<p>&nbsp;
<table width=606>
  <tr>
    <td width=58 align=left><font size=1>&nbsp;</font></td>
    <td width=467 align=center><font size="2">- m o r e - </font></td>
    <td width=65 align=right><font size="1">&nbsp;</font></td>
  </tr></table><p>&nbsp;<hr size=5 noshade width=600 align=LEFT>
<p>&nbsp;&nbsp; <!-- *************************************************************************** -->
  <!-- MARKER PAGE="sheet: 7; page: 7" -->
<p>
<p>
<table width=600>
  <tr>
    <td width=600 colspan="2"><font size=2><b>IDEXX Laboratories Announces Second
      Quarter Results<br>
      July 21, 2003<br>
      Page 7 of 7</b></font></td>
  </tr>
</table>
<p>
<table border=0 cellspacing=0 cellpadding=0 width=600>
  <tr>
    <td width=303 nowrap colspan=2 valign=bottom> <font size="2"><b>IDEXX Laboratories,
      Inc. and Subsidiaries</b></font></td>
    <td width=16 nowrap valign=bottom>&nbsp; </td>
    <td width=73 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=73 nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=19 nowrap valign=bottom>&nbsp; </td>
    <td width=73 nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width=20>&nbsp;</td>
    <td width=73 nowrap valign=bottom>&nbsp; </td>
    <td width=20 nowrap valign=bottom>&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Consolidated Statement
      of Cash Flows</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><i>Amounts in thousands
      (Unaudited)</i></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><i>&nbsp;</i></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=3 valign=bottom align="center"> <font size="2"><b>Six Months
      Ended</b></font></td>
    <td nowrap valign=bottom align="center">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>Operating:</b></font></td>
    <td nowrap valign=bottom> <font size="2"><b>Cash Flows from Operating Activities:</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Net income</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;20,149
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;28,752
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Non-cash charges</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> 11,759 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> 10,954 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=2 valign=bottom> <font size="2">Changes in current assets
      and liabilities, net of</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2"> acquisitions and disposals</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> 21,853 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> 25,884 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Net cash provided by operating activities</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;53,761
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;65,590
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>Investing:</b></font></td>
    <td nowrap valign=bottom> <font size="2"><b>Cash Flows from Investing Activities:</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Increase in investments, net</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (12,395</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (10,192</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Purchase of property and equipment,
      net</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (7,534</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (9,162</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Acquisition of intangible assets</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2">-</font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (50)</font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Increase in other assets</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> (1,213</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (1,004</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Net cash used by investing activities</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;(21,142</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;(20,408</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>Financing:</b></font></td>
    <td nowrap valign=bottom> <font size="2"><b>Cash Flows from Financing Activities:</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom> <font size="2">Repayments of note payable</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> (7,462</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (509</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Purchase of treasury stock</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (29,830</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (23,505</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Proceeds from the exercise of stock
      options</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> 5,645 </font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> 15,118 </font></td>
    <td nowrap valign=bottom align="right" width="20"><font size="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=2 valign=bottom> <font size="2">Net cash used by financing
      activities</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;(31,647</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;(8,896</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Net effect of exchange rate changes</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> 932 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> 1,360 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Net increase in cash and cash equivalents</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> 1,904 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> 37,646 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=2 valign=bottom> <font size="2">Cash and cash equivalents,
      beginning of period</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> 66,666 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> 113,788 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Cash and cash equivalents, end of
      period</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;&nbsp;&nbsp;68,570
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> $&nbsp;&nbsp;151,434
      </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>IDEXX Laboratories,
      Inc. and Subsidiaries</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap colspan=2 valign=bottom> <font size="2"><b>Free Cash Flow</b> <i>(Unaudited)</i></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap colspan=3 valign=bottom align="center"> <font size="2"><b>Six Months
      Ended</b></font></td>
    <td nowrap valign=bottom align="center">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>June 30, </b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>2002</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>Free Cash </b></font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2"><b>Flow:</b></font></td>
    <td nowrap valign=bottom> <font size="2">Net cash provided by operating activities</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> $ 53,761 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> $ 65,590 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Purchase of property and equipment</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (7,534</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (9,162</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">Increase in other assets</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2"> (1,213</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
    <td nowrap valign=bottom align="right"> <font size="2"> (1,004</font></td>
    <td nowrap valign=bottom align="left" width="20"><font size="2">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2"><b>Free cash flow</b></font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom>&nbsp; </td>
    <td nowrap valign=bottom align="right"> <font size="2">$ 45,014 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
    <td nowrap valign=bottom align="right"> <font size="2"> $ 55,424 </font></td>
    <td nowrap valign=bottom align="right" width="20">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp;</td>
    <td valign=bottom colspan="9"> <hr size="1" noshade> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=235 valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=19 valign=bottom> <font size="2">&nbsp;</font></td>
    <td width=73 valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td valign=bottom align="right" width=20>&nbsp;</td>
    <td width=73 valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    <td width=20 valign=bottom align="right">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom>&nbsp; </td>
    <td width=563 colspan=9 valign=bottom> <font size="2">Free cash flow indicates
      the cash generated from operations reduced by investments in capital and
      other long-term assets. Free cash flow excludes financing activities, investments
      in monetary securities, and business acquisitions and divestitures. We feel
      free cash flow is a useful measure because it indicates the cash the operations
      of the business are generating after appropriate reinvestment for recurring
      investments in fixed assets that are required to operate the business. We
      believe this is a common financial measure useful to further evaluate the
      results of operations.</font></td>
  </tr>
</table>
<p></p>
<p>&nbsp;
<table width=600>
  <tr>
    <td width=60 align=left><font size=1>&nbsp;</font></td>
    <td width=480 align=center><font size="2">- I D E X X -</font></td>
    <td width=60 align=right><font size="1">&nbsp;</font></td>
  </tr>
</table>
<p>&nbsp;
<hr size=5 noshade width=600 align=LEFT>
<p>


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