<SUBMISSION>
<ACCESSION-NUMBER>0000891092-04-004985
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20041022
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20041022
<DATE-OF-FILING-DATE-CHANGE>20041022
<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>041090666
</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>e19383_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY>






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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION  <BR>Washington, D.C.
20549  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FORM 8-K  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CURRENT REPORT  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Date of report (Date
of earliest event reported): October 22, 2004  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>IDEXX LABORATORIES,
INC.  </B></FONT><BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>(Exact name of
registrant as specified in its charter)</I> </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 ALIGN=Center WIDTH=600>
<TR VALIGN=Bottom>
     <TD WIDTH=32% ALIGN=CENTER><FONT SIZE="2"><B>Delaware</B> </FONT></TD>
     <TD WIDTH=3% ALIGN=LEFT><FONT SIZE="2"><B>&nbsp;</B> </FONT></TD>
     <TD WIDTH=25% ALIGN=CENTER><FONT SIZE="2"><B>000-19271</B> </FONT></TD>
     <TD WIDTH=3% ALIGN=LEFT><FONT SIZE="2"><B>&nbsp;</B> </FONT></TD>
     <TD WIDTH=35% ALIGN=CENTER><FONT SIZE="2"><B>01-0393723</B> </FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT SIZE="2"><B>&nbsp;</B> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>(State or other jurisdiction of</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>(Commission File Number)</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>(IRS Employer Identification No.)</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>incorporation or organization)</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD></TR>
</TABLE>


<br>
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 ALIGN=Center WIDTH=600>
<TR VALIGN=Bottom>
     <TD WIDTH=75% ALIGN=CENTER><FONT SIZE="2"><B>One IDEXX Drive, Westbrook, Maine</B> </FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT SIZE="2"><B>&nbsp;</B> </FONT></TD>
     <TD WIDTH=18% ALIGN=CENTER><FONT SIZE="2"><B>04092</B> </FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT SIZE="2"><B>&nbsp;</B> </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>(Address of principal executive offices)</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD>
     <TD ALIGN=CENTER><FONT SIZE="2"><I>(ZIP Code)</I> </FONT></TD><TD ALIGN=LEFT><FONT SIZE="2"><I>&nbsp;</I> </FONT></TD></TR>
</TABLE>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>207-856-0300  </B><BR><i>(Registrant&#146;s
telephone number, including area code) </i></FONT></P>

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<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Not Applicable</B> </FONT> <BR><I>(Former name or
former address, if changed since last report) </I></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General Instruction A.2. to Form
8-K):  </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>|_| </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Written communications
      pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>|_| </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
      </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>|_| </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b)) </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>|_| </FONT></TD>
    <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c)) </FONT></TD>
</TR>
</TABLE>
<BR>

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<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 2.02 Results of
Operations and Financial Condition. </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
October 22, 2004, IDEXX Laboratories, Inc. announced   its financial results for the
quarter ended September 30, 2004. The full text   of the press release issued in
connection with the announcement is furnished   as Exhibit 99.1 to this Current Report on
Form 8-K. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
accordance with general instructions to Form   8-K, the information in this Form 8-K and
the Exhibit 99.1 attached hereto is   being furnished under Item 2.02 and 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></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 9.01 Financial
Statements and Exhibits. </B></FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
 (c)  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibits </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The
following exhibit relating to Item 2.02 shall be deemed   to be furnished, and not filed. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
99.1  </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Press
Release entitled &#147;IDEXX Laboratories Announces   Third Quarter Results,&#148; issued by the
company on October 22, 2004. </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
2</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>SIGNATURE </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&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></P>

<table align=center border=0 cellspacing=0 cellpadding=0>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td colspan=2> <font size="2">IDEXX LABORATORIES, INC.</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td colspan=2> <font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td colspan=2> <font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td colspan=2> <font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">Date: October 22, 2004</font></td>
    <td width=22> <font size="2">By:</font></td>
    <td width=366> <font size="2">/s/ Merilee Raines</font>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td width=22> <font size="2">&nbsp;</font></td>
    <td width=366> <font size="2">Merilee Raines</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td width=22> <font size="2">&nbsp;</font></td>
    <td width=366> <font size="2">Vice President, Chief Financial Officer and
      Treasurer</font></td>
  </tr>
  <tr valign="top">
    <td width=380> <font size="2">&nbsp;</font></td>
    <td width=22> <font size="2">&nbsp;</font></td>
    <td width=366> <font size="2">(Principal Financial and Accounting Officer)</font></td>
  </tr>
</table>

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<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
3</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>EXHIBIT INDEX </B></FONT></P>


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<TR VALIGN=TOP>
    <TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><u>Exhibit No.</u>
      <br>
      <BR>99.1 </FONT></TD>
    <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><u>Description
      of Exhibit</u> <br>
      <BR>Press Release entitled &#147;IDEXX
  Laboratories Announces Third Quarter Results,&#148; issued by the company on October
  22, 2004.</FONT></TD>
</TR>
</TABLE>
<BR>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>e19383ex99-1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
<BODY>





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<P ALIGN=Right><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Exhibit 99.1 </B></FONT></P>

<IMG SRC="idexx.gif" ALIGN="LEFT">

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<P>&nbsp;</P>
<P ALIGN=Right>&nbsp;</P>
<P ALIGN=Right><FONT FACE="Times New Roman, Times, Serif" SIZE=2><i>Contact: Merilee
  Raines, Chief Financial Officer, (207) 856-8155 </i></FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FOR IMMEDIATE RELEASE  </B></FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>IDEXX Laboratories
Announces Third Quarter Results  </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WESTBROOK, Maine, October 22,
2004</B> &#151; IDEXX Laboratories, Inc. (NASDAQ: IDXX), today reported that net income
increased 23% to $19.7 million for the quarter ended September 30, 2004, from $16.0
million for the same period in the prior year. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Earnings
per diluted share for the quarter were $0.56, a 27% increase over earnings per diluted
share of $0.44 for the quarter ended September 30, 2003. For the quarter ended September
30, 2004, the revision of a contingent liability estimate resulting from settlement of a
third party claim contributed an after tax benefit of $0.02 to the Company&#146;s
earnings per diluted share. Excluding this item, adjusted fully diluted earnings per
share were $0.54, an increase of 23% from the quarter ended September 30, 2003.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenue
for the third quarter of 2004 increased 12% to $134.1 million from $120.1 million for the
third quarter of 2003. The favorable impact of currency contributed 3% to revenue growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Companion
Animal Group (CAG) revenue for the third quarter of 2004 increased 12% to $108.8 million
from $97.1 million for the third quarter of 2003. This increase resulted primarily from
increased sales of laboratory services, rapid assays, instruments and consumables, and
pharmaceutical products. The increase in laboratory services revenue was due in part to
veterinary laboratory acquisitions in late 2003 and early 2004. The favorable impact of
foreign currency contributed 2% to CAG revenue growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water
segment revenue for the third quarter increased 14% to $14.2 million from $12.5 million
for the third quarter of 2003 primarily due to increased sales in North America. The
favorable impact of foreign currency contributed 3% to Water revenue growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Food
Diagnostics Group (FDG) revenue for the third quarter increased 6% to $11.1 million from
$10.5 million for the third quarter of 2003. The impact of foreign currency contributed
4% to FDG revenue growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;This
was another solid quarter for our Companion Animal Group and our Water Division,&#148; said
Jonathan W. Ayers, Chairman and CEO. &#147;We also are pleased with the enhancement of
gross margin over the prior year, which resulted in part from manufacturing and service
improvements and favorable warranty experience related to our LaserCyte<SUP>&reg;</SUP> system.&#148; </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 2 of 7  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;During
the quarter we continued to invest in our business and our organization. Among other
things, we strengthened our management team, signed an agreement to acquire a leading
European provider of production animal diagnostics and achieved some key milestones in
new product development projects. We are also announcing today an expansion of our share
repurchase program, which we believe is a very effective use of our cash.&#148; </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Year-to-date results  </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year-to-date
net income for 2004 was $61.4 million, an increase of 37% over net income of $44.7
million for the same period in the prior year. Year-to-date earnings per diluted share
were $1.70, a 36% increase over earnings per diluted share of $1.25 for the same period
in the prior year. In the second and third quarters of 2004, earnings per diluted share
included a net benefit of $0.13 resulting from (i) a reduction in the Company&#146;s
provision for income taxes primarily related to the completion of an IRS audit through
the year 2001 and changes to certain state and international tax estimates, (ii)
reductions in the estimated liability for a third party claim and (iii) a payment
received in settlement of certain litigation. Excluding these factors, adjusted income
and earnings per diluted share increased 27% and 26%, respectively.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year-to-date
revenue increased 15% to $405.0 million from $351.2 million for the same period in 2003.
The favorable impact of currency contributed 3% to revenue growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Companion
Animal Group (CAG) revenue for the nine months ended September 30, 2004 increased 17% to
$331.4 million from $284.0 million. This increase resulted primarily from increased sales
of laboratory services, instruments and consumables, rapid assays, and pharmaceutical
products. The favorable impact of currency contributed 3% to year-to-date CAG revenue
growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water
segment revenue for the nine months ended September 30, 2004 increased 15% to $39.1
million from $33.9 million primarily due to increased sales in North America and Europe.
The favorable impact of foreign currency contributed 4% to year-to-date Water revenue
growth.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Food
Diagnostics Group (FDG) revenue for the nine months ended September 30, 2004 increased 4%
to $34.4 million from $33.2 million for the same period in 2003. The favorable impact of
foreign currency contributed 5% to FDG revenue growth.  </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Outlook  </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company offers the following guidance for the fourth quarter of 2004:  </FONT></P>

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<TABLE WIDTH=100%>
  <TR>
    <TD WIDTH=5%></TD>
    <TD WIDTH=2% VALIGN=top><FONT SIZE=3>&#149;</FONT></TD>
    <TD WIDTH=3%></TD>
    <TD WIDTH=90%><FONT SIZE=2>Revenue
is expected to be approximately $134 to $135 million. </FONT></TD></TR></TABLE>

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<TABLE WIDTH=100%>
  <TR>
    <TD WIDTH=5%></TD>
    <TD WIDTH=2% VALIGN=top><FONT SIZE=3>&#149;</FONT></TD>
    <TD WIDTH=3%></TD>
    <TD WIDTH=90%><FONT SIZE=2>Operating margin is expected to be approximately
      17% to 18% of revenue. </FONT></TD>
  </TR></TABLE>

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<TABLE WIDTH=100%>
  <TR>
    <TD WIDTH=5%></TD>
    <TD WIDTH=2% VALIGN=top><FONT SIZE=3>&#149;</FONT></TD>
    <TD WIDTH=3%></TD>
    <TD WIDTH=90%><FONT SIZE=2>Diluted
earnings per share are expected to be approximately $0.46 &#150; $0.47. </FONT></TD></TR></TABLE>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


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<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 3 of 7  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company offers the following preliminary guidance for 2005:  </FONT></P>

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<TABLE WIDTH=100%>
  <TR>
    <TD WIDTH=5%></TD>
    <TD WIDTH=2% VALIGN=top><FONT SIZE=3>&#149;</FONT></TD>
    <TD WIDTH=3%></TD>
    <TD WIDTH=90%><FONT SIZE=2>Revenue
is expected to be approximately $590 to $600 million. </FONT></TD></TR></TABLE>

<!-- MARKER FORMAT-SHEET="Bullet 10" FSL="Workstation" -->
<TABLE WIDTH=100%>
  <TR>
    <TD WIDTH=5%></TD>
    <TD WIDTH=2% VALIGN=top><FONT SIZE=3>&#149;</FONT></TD>
    <TD WIDTH=3%></TD>
    <TD WIDTH=90%><FONT SIZE=2>Diluted
earnings per share are expected to be approximately $2.20 to $2.25. (This guidance
excludes the potential impact of proposed changes in accounting for share-based
compensation for which a final standard has not been issued by the Financial Accounting
Standards Board.) </FONT></TD></TR></TABLE>

<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Increased Share
Repurchase Authorization  </B></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company also announced today that its Board of Directors has authorized the repurchase by
the Company of an additional two million shares of its common stock in the open market or
in negotiated transactions. These shares are in addition to 730,000 shares remaining
under a previous Board authorization. The timing and amount of any repurchases will be at
the discretion of the Company&#146;s management.  </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>About IDEXX
Laboratories  </B></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&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 veterinary, food and water
applications. 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&#146; food and water businesses are 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 more than
2,600 people and offers products to customers in over 100 countries.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Note Regarding
Forward-Looking Statements  </B></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush 00" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1><I>This press release contains
statements about the Company&#146;s business prospects and estimates of the Company&#146;s
financial results for future periods that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. These statements are based on
management&#146;s expectations of future events as of the date of this press release, and
the Company assumes no obligation to update any forward-looking statements as a result of
new information or future events or developments. Actual results could differ materially
from management&#146;s expectations. Factors that could cause or contribute to such
differences include the following: the Company&#146;s ability to develop, manufacture,
introduce and market new products and enhancements to existing products; the effectiveness
of the Company&#146;s sales and marketing activities; the Company&#146;s ability to
develop, license or obtain rights to new technologies; the Company&#146;s ability to
identify acquisition opportunities, complete acquisitions and integrate acquired
businesses; the impact of competition and technological change on the markets for the
Company&#146;s products; the effect of government regulation on the Company&#146;s
business, including government decisions about whether and when to approve the
Company&#146;s products and decisions regarding labeling, manufacturing and marketing
products; the impact of distributor purchasing decisions on sales of our products that are
sold through distribution; changes or trends in veterinary medicine that affect the rate
of use of the Company&#146;s products and services by veterinarians; the Company&#146;s
ability to obtain patent and other intellectual property protection for its products,
successfully enforce its intellectual property rights and defend itself against third
party claims against the Company; disruptions, shortages or pricing changes that affect
the Company&#146;s purchases of products and materials from third parties, including from
sole source suppliers; the effects of government regulatory decisions, customer demand,
pricing and other factors on the realizability of the Company&#146;s inventories; the
Company&#146;s ability to manufacture complex biologic products; the effects of operations
outside the U.S., including from currency fluctuations, different regulatory, political
and economic conditions, and different market conditions; and the loss of key employees. A
further description of these and other factors can be found in the Company&#146;s Annual
Report on Form 10-K for the year ended December 31, 2003, and the Quarterly Report
on Form 10-Q for the quarter ended June 30, 2004, in the section captioned
&#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of
Operations.&#148;</I> </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


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<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






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<!-- MARKER FORMAT-SHEET="Para Flush 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 4 of 7  </FONT></P>



<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Consolidated Statement of Operations </B><BR><I>Amounts in thousands except per
share data (Unaudited)</I> </FONT> </P>


<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
  <tr>
    <td nowrap valign=bottom width="94" height="18">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="231" height="18">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6" height="18">
      <p align=center>&nbsp;</p>
    </td>
    <td nowrap colspan=2 valign=bottom align="center" height="18"> <font size="3"><b><font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;Three
      Months Ended</font></b></font> </td>
    <td nowrap valign=bottom align="center" width="4" height="18">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="center" height="18"> <font size="3"><b><font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;Nine
      Months Ended</font></b></font> </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="231">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p align=right>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="3"><b><font size="1">September
      30, </font></b></font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="3"><b><font size="1">September
      30, </font></b></font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="3"><b><font size="1">September
      30, </font></b></font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="3"><b><font size="1">September
      30, </font></b></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="231">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="3"><b><font size="1">2004</font></b></font></td>
    <td nowrap valign=bottom align="right" width="90"> <b><font size="1">2003</font></b></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="3"><b><font size="1">2004</font></b></font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="3"><b><font size="1">2003</font></b></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="3"><b><font size="1">Revenue:</font></b></font></td>
    <td nowrap valign=bottom width="231"> <font size="1">Revenue</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      134,111 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      120,061 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      404,907 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      351,154 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="3"><b><font size="1">Expenses
      and </font></b></font></td>
    <td nowrap valign=bottom width="231"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="3"><b><font size="1">Income:</font></b></font></td>
    <td nowrap valign=bottom width="231"> <font size="1">Cost of revenue</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      63,053 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      60,971 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      194,801 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180,931 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Gross profit</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      71,058 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      59,090 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      210,106 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      170,223 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Sales and marketing</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      21,132 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      18,222 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      62,794 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      51,743 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">General and administrative</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      12,698 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      9,206 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      36,523 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      29,396 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Research and development</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,824 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,376 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      26,029 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      24,017 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Income from operations</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      28,404 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23,286 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      84,760 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      65,067 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Interest income, net</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      830 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      734 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      2,315 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      2,188 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Income before provision
      for income taxes</font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="4"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">&nbsp; and partner's
      interest</font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      29,234 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      24,020 </font></td>
    <td nowrap valign=bottom align="right" width="4"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      87,075 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      67,255 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Partner's share of consolidated
      loss</font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      109 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;-
      </font></td>
    <td nowrap valign=bottom align="right" width="4"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      315 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;-
      </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Provision for income
      taxes</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      9,647 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,047 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      25,993 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      22,530 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="3"><b><font size="1">Net
      Income:</font></b></font></td>
    <td nowrap valign=bottom width="231"> <font size="1">Net income</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      19,696 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      15,973 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      61,397 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      44,725 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Earnings per share: Basic</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      0.58 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      0.46 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1.78 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;$&nbsp;&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31
      </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Earnings per share: Diluted</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      0.56 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      0.44 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1.70 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1.25 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Shares outstanding: Basic</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      34,050 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      34,408 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      34,467 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      34,109 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94">&nbsp; </td>
    <td nowrap valign=bottom width="231"> <font size="1">Shares outstanding: Diluted</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      35,467 </font></td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      35,977 </font></td>
    <td nowrap valign=bottom align="right" width="4">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="90"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      36,120 </font></td>
    <td nowrap valign=bottom align="right" width="95"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      35,706 </font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="94"> <font size="2">&nbsp;</font></td>
    <td valign=bottom colspan="7">
      <hr size="1" noshade>
    </td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries<BR> Key Operating Ratios </B><I>(Unaudited)</I> </FONT> </P>

<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=center>&nbsp;</p>
      </td>
      <td nowrap colspan=2 valign=bottom align="center"> <font size="3"><b><font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;Three
        Months Ended</font></b></font></td>
      <td nowrap valign=bottom align="center">&nbsp; </td>
      <td nowrap colspan=2 valign=bottom align="center"> <font size="3"><b><font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>&nbsp;&nbsp;&nbsp;Nine
        Months Ended</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">September
        30, </font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">September
        30, </font></b></font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">September
        30, </font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">September
        30, </font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">2004</font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">2003</font></b></font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">2004</font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">2003</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
      <td valign=bottom colspan="7">
        <hr size="1" noshade>
      </td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="3"><b><font size="1">Key Operating</font></b></font></td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="3"><b><font size="1">Ratios (as a</font></b></font></td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="3"><b><font size="1">percentage of</font></b></font></td>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom>
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
      <td nowrap valign=bottom align="right"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="3"><b><font size="1">revenue):</font></b></font></td>
      <td nowrap valign=bottom> <font size="1">Gross profit</font></td>
      <td nowrap valign=bottom>
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">53.0%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">49.2%</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="1">51.9%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">48.5%</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom> <font size="1">Sales, marketing, general and </font></td>
      <td nowrap valign=bottom>
        <p><font face="Times New Roman" size="2">&nbsp;</font></p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>

    <td nowrap valign=bottom> <font size="1">&nbsp;&nbsp;administrative expense</font></td>
      <td nowrap valign=bottom>
        <p><font face="Times New Roman" size="2">&nbsp;</font></p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">25.2%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">22.8%</font></td>
      <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">24.6%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">23.2%</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom> <font size="1">Research and development expense</font></td>
      <td nowrap valign=bottom>
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">6.6%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">7.0%</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="1">6.4%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">6.8%</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
      <td valign=bottom colspan="7">
        <hr size="1" noshade>
      </td>
    </tr>
    <tr>
      <td nowrap valign=bottom>&nbsp; </td>
      <td nowrap valign=bottom> <font size="1">Income from operations</font></td>
      <td nowrap valign=bottom>
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">21.2%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">19.4%</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="1">20.9%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">18.5%</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
      <td valign=bottom colspan="7">
        <hr size="1" noshade>
      </td>
    </tr>
    <tr>
      <td> <font size="3"><b><font size="1">International</font></b></font></td>
      <td nowrap valign=bottom> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom>
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right">&nbsp; </td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">&nbsp;</font></td>
    </tr>
    <tr>
      <td> <font size="3"><b><font size="1">Revenue:</font></b></font></td>
      <td> <font size="1">International revenue</font></td>
      <td valign=bottom>
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom align="right"> <font size="1">29.9%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">29.4%</font></td>
      <td nowrap valign=bottom align="right"> <font size="2">&nbsp;</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">30.6%</font></td>
      <td nowrap valign=bottom align="right"> <font size="1">29.8%</font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom> <font size="2">&nbsp;</font></td>
      <td valign=bottom colspan="7">
        <hr size="1" noshade>
      </td>
    </tr>
  </table>

<!-- MARKER FORMAT-SHEET="Center Head 2 no bold" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Break CENTER" FSL="Workstation" -->
<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 18; page: 18" -->



<!-- MARKER FORMAT-SHEET="Para Flush 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 5 of 7  </FONT></P>




<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Segment Information </B><BR> <I>Amounts in thousands (Unaudited)</I> </FONT> </P>


<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
  <tr>
    <td nowrap valign=bottom width="95">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="172">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p align=right>&nbsp;</p>
    </td>
    <td nowrap colspan=3 valign=bottom align="center"> <font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Three
      Months Ended</b></font></td>
    <td nowrap valign=bottom align="center" width="19">&nbsp; </td>
    <td nowrap colspan=4 valign=bottom align="center"> <font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nine
      Months Ended</b></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="95">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="172">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p align=right>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="95">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="172">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p align=right>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1"><b>2004</b></font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1"><b>2004</b></font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Revenue:</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Companion Animal
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      108,816 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      97,059 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      331,377 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      284,041 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Water</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      14,237 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      12,541 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      39,095 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      33,901 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Food Diagnostics
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      11,058 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      10,461 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      34,435 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      33,212 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Total</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      134,111 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      120,061 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      404,907 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      351,154 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Gross Profit:</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Companion Animal
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      53,757 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      44,905 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      161,942 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      130,554 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Water</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      9,811 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,770 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      26,552 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      22,797 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Food Diagnostics
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      7,490 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      5,415 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      21,612 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      16,872 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Total</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      71,058 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59,090 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      210,106 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      170,223 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Income from</b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Operations:</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Companion Animal
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      19,313 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      16,788 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      61,022 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      48,000 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Water</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      6,977 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      6,216 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      18,004 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      14,977 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Food Diagnostics
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      2,934 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1,430 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,254 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      4,779 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Other</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (820</font></td>
    <td nowrap valign=bottom align="left" width="5"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (1,148</font></td>
    <td valign=bottom align="left" width="19"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (2,520</font></td>
    <td nowrap valign=bottom align="left" width="5"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (2,689</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Total</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      28,404 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      23,286 </font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      84,760 </font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      65,067 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp;</td>
    <td valign=bottom align="left" colspan="10">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Gross Profit</b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>(as a </b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>percentage of
      </b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Companion Animal
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">49.4%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">46.3%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">48.9%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">46.0%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;revenue):</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Water</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">68.9%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">69.9%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">67.9%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">67.2%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Food Diagnostics
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">67.7%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">51.8%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">62.8%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">50.8%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Operating&nbsp;
      </b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>Profit (as a
      </b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>percentage of
      </b></font></td>
    <td valign=bottom align="left" width="172">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95"> <font size="1"><b>&nbsp;revenue):</b></font></td>
    <td valign=bottom align="left" width="172"> <font size="1">Companion Animal
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">17.7%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">17.3%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">18.4%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">16.9%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Water</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">49.0%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">49.6%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">46.1%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">44.2%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td valign=bottom align="left" width="95">&nbsp; </td>
    <td valign=bottom align="left" width="172"> <font size="1">Food Diagnostics
      Group</font></td>
    <td nowrap valign=bottom width="6">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">26.5%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="99"> <font size="1">13.7%</font></td>
    <td nowrap valign=bottom align="right" width="19">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="91"> <font size="1">24.0%</font></td>
    <td nowrap valign=bottom align="right" width="5">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="100"> <font size="1">14.4%</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Center Head 2 no bold" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Break CENTER" FSL="Workstation" -->
<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 18; page: 18" -->



<!-- MARKER FORMAT-SHEET="Para Flush 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 6 of 7  </FONT></P>





<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Consolidated Balance Sheet </B><BR><I>Amounts in thousands (Unaudited)</I> </FONT> </P>


<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="8">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="3"><b><font size="1">September
      30, </font></b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="3"><b><font size="1">December
      31, </font></b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="8">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="3"><b><font size="1">2004</font></b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="3"><b><font size="1">2003</font></b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"> <font size="1"><b>Assets:</b></font></td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Current
      Assets:</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom width="112">&nbsp; </td>
    <td nowrap valign=bottom width="10">&nbsp;</td>
    <td nowrap valign=bottom width="115">&nbsp; </td>
    <td nowrap valign=bottom width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Cash and cash equivalents</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      146,534 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      186,717 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Short-term investments</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      50,040 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      33,988 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Accounts receivable,
      net</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      57,950 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      53,976 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Inventories</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      85,998 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      75,333 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Other current assets</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      19,898 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20,575
      </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      current assets</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      360,420 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      370,589 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Long-term
      investments</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      18,386 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      35,082 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Property and equipment
      &#150; cost</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      132,541 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      112,023 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="1">Less - Accumulated depreciation</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      74,212 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      66,799 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Property
      and equipment, net</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      58,329 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      45,224 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Other
      long-term assets, net</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      75,269 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      70,980 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122">&nbsp; </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      assets</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      512,404 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      521,875 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"><font size="1"></font></td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"> <font size="1"><b>Liabilities
      and </b></font></td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"> <font size="1"><b>Stockholders&#146;
      </b></font></td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="122"> <font size="1"><b>Equity:</b></font></td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Current
      Liabilities:</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Accounts payable</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      18,786 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      19,160 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Accrued expenses</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      67,006 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      72,416 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Notes payable</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      674 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      494 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Deferred revenue</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      7,511 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      8,275 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      current liabilities</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      93,977 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      100,345 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      long-term liabilities</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,227
      </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      7,452 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Partner's
      interest in subsidiary</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      471 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      786 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324">&nbsp; </td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Stockholders&#146;
      Equity:</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Common stock</font></td>
    <td nowrap valign=bottom width="8"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      4,516 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      4,439 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Additional paid-in capital</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      408,509 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      383,249 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Deferred equity-based
      compensation</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      620 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      138 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Retained earnings</font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      301,747 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      240,350 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Treasury stock, at cost</font></td>
    <td nowrap valign=bottom width="8"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (313,140</font></td>
    <td nowrap valign=bottom align="left" width="10"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (219,449</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="1">Accumulated other comprehensive
      income</font></td>
    <td nowrap valign=bottom width="8"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      6,477 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      4,565 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      stockholders&#146; equity</font></b></font></td>
    <td nowrap valign=bottom width="8">&nbsp; </td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      408,729 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      413,292 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="324"> <font size="3"><b><font size="1">Total
      liabilities and stockholders&#146; equity</font></b></font></td>
    <td nowrap valign=bottom width="8"> <font size="2">&nbsp;</font></td>
    <td nowrap valign=bottom align="right" width="112"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      512,404 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="115"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      521,875 </font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="122">&nbsp;</td>
    <td nowrap valign=bottom colspan="6">
      <hr size="1" noshade>
    </td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Key Balance Sheet Statistics </B><I>(Unaudited)</I> </FONT> </P>



<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
    <tr>
      <td nowrap valign=bottom width="123">
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom width="270">
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom width="10">
        <p><font face="Times New Roman" size="2">&nbsp;</font></p>
      </td>
      <td nowrap valign=bottom width="176" align="right"> <font size="3"><b><font size="1">September
        30,</font></b></font></td>
      <td nowrap valign=bottom width="121" align="right"> <font size="3"><b><font size="1">December
        31, </font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom width="123">
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom width="270">
        <p>&nbsp;</p>
      </td>
      <td nowrap valign=bottom width="10">
        <p align=right>&nbsp;</p>
      </td>
      <td nowrap valign=bottom width="176" align="right"> <font size="3"><b><font size="1">2004</font></b></font></td>
      <td nowrap valign=bottom width="121" align="right"> <font size="3"><b><font size="1">2003</font></b></font></td>
    </tr>
    <tr>
      <td nowrap valign=bottom width="123">&nbsp;</td>
      <td nowrap valign=bottom colspan="4">
        <hr size="1" noshade>
      </td>
    </tr>
    <tr align="left">
      <td nowrap valign=bottom width="123"> <font size="3"><b><font size="1">Key&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </font></b></font></td>
      <td nowrap valign=bottom width="270">&nbsp; </td>
      <td nowrap valign=bottom width="10">&nbsp; </td>
      <td nowrap valign=bottom width="176"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
      <td nowrap valign=bottom width="121"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    </tr>
    <tr align="left">
      <td nowrap valign=bottom width="123"> <font size="3"><b><font size="1">Balance
        Sheet </font></b></font></td>
      <td nowrap valign=bottom width="270">&nbsp; </td>
      <td nowrap valign=bottom width="10">&nbsp; </td>
      <td nowrap valign=bottom width="176"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
      <td nowrap valign=bottom width="121"> <font size="3"><b><font size="1">&nbsp;</font></b></font></td>
    </tr>
    <tr align="left">
      <td nowrap valign=bottom width="123"> <font size="3"><b><font size="1">Statistics:</font></b></font></td>
      <td nowrap valign=bottom width="270"> <font size="1">Days sales outstanding</font></td>
      <td nowrap valign=bottom width="10">&nbsp; </td>

    <td nowrap valign=bottom width="176" align="right"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40</font></td>
      <td nowrap valign=bottom width="121" align="right"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        38 </font></td>
    </tr>
    <tr align="left">
      <td nowrap valign=bottom width="123">&nbsp; </td>
      <td nowrap valign=bottom width="270"> <font size="1">Inventory turns</font></td>
      <td nowrap valign=bottom width="10">&nbsp; </td>
      <td nowrap valign=bottom width="176" align="right"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        1.5 </font></td>
      <td nowrap valign=bottom width="121" align="right"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        1.9 </font></td>
    </tr>
  </table>

<!-- MARKER FORMAT-SHEET="Center Head 2 no bold" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>- m o r e - </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Break CENTER" FSL="Workstation" -->
<BR>
<TABLE WIDTH=100%><TR><TD WIDTH=20% ALIGN=left><FONT SIZE=1>&nbsp;</FONT></TD><TD WIDTH=60% ALIGN=center><FONT SIZE="2">
</FONT></TD><TD WIDTH=20% ALIGN=right><FONT SIZE="1">&nbsp;</FONT></TD></TR></TABLE><HR ALIGN=LEFT WIDTH=100% SIZE=5 noshade><BR>






<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 18; page: 18" -->



<!-- MARKER FORMAT-SHEET="Para Flush 00" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>IDEXX Announces Third Quarter
Results <BR>October 22, 2004 <BR>Page 7 of 7  </FONT></P>





<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Consolidated Statement of Cash Flows </B><BR><I>Amounts in thousands
(Unaudited)</I> </FONT> </P>

<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
  <tr>
    <td nowrap valign=bottom width="83">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="375">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap colspan=4 valign=bottom align="center"> <font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nine
      Months Ended</b></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="375">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="375">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1"><b>2004</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="9">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83"> <font size="1"><b>Operating:</b></font></td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1"><b>Cash
      Flows from Operating Activities:</b></font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Net income</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      &nbsp;61,397 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      44,725 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Non-cash
      charges</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      23,524 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      27,828 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Changes in
      current assets and liabilities, net of</font></td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;
      acquisitions and disposals</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (16,714</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      19,203 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Net cash
      provided by operating activities</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      68,207 </font></td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      91,756 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83"> <font size="1"><b>Investing:</b></font></td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1"><b>Cash
      Flows from Investing Activities:</b></font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">(Increase)
      decrease in investments, net</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      573 </font></td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (15,599</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Purchase
      of property and equipment</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (23,431</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (13,370</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Acquisition
      of businesses and intangible assets</font></td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (6,839</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (575</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Acquisition
      of equipment leased to customers</font></td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (1,951</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (1,736</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Net cash
      used by investing activities</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (31,648</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (31,280</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83"> <font size="1"><b>Financing:</b></font></td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1"><b>Cash
      Flows from Financing Activities:</b></font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
    <td nowrap valign=bottom align="right" width="111">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83"> <font size="1"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Repayments
      of notes payable</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (356</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (510</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Purchase
      of treasury stock</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (94,004</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (23,505</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Proceeds
      from the exercise of stock options</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      17,550 </font></td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      25,165 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Net cash provided
      (used) by financing activities</font></td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (76,810</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1,150 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Net effect
      of exchange rate changes</font></td>
    <td nowrap valign=bottom width="7">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      68 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      1,443 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Net increase
      (decrease) in cash and cash equivalents</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (40,183</font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      63,069 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Cash and cash
      equivalents, beginning of period</font></td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      186,717 </font></td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      113,788 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="83">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="375"> <font size="1">Cash and
      cash equivalents, end of period</font></td>
    <td nowrap valign=bottom width="7">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="106"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      146,534 </font></td>
    <td nowrap valign=bottom align="left" width="9">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="111"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      176,857 </font></td>
    <td nowrap valign=bottom align="left" width="9"><font size="1"></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="83">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
</table>

<!-- MARKER FORMAT-SHEET="Left Head 2 Bold" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>IDEXX Laboratories,
Inc. and Subsidiaries <BR>Free Cash Flows </B><I> (Unaudited)</I> </FONT> </P>


<table align=center border=0 cellspacing=0 cellpadding=0 width=700>
  <tr>
    <td nowrap valign=bottom align="left" width="86">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="354">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap colspan=4 valign=bottom align="center"> <font size="1"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nine
      Months Ended</b></font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="86">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="354">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="8">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1"><b>September
      30, </b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="86">&nbsp; </td>
    <td nowrap valign=bottom align="left" width="354">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1"><b>2004</b></font></td>
    <td nowrap valign=bottom align="right" width="8">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1"><b>2003</b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="86"> <font size="1"><b>Free Cash
      </b></font></td>
    <td nowrap valign=bottom align="left" width="354">&nbsp; </td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="8">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1"><b>&nbsp;</b></font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom align="left" width="86"> <font size="1"><b>Flow:</b></font></td>
    <td nowrap valign=bottom align="left" width="354"> <font size="1">Net cash
      provided by operating activities</font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      68,207 </font></td>
    <td nowrap valign=bottom align="right" width="8">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      91,756 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="left" width="354"> <font size="1">Purchase
      of property and equipment</font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (23,431</font></td>
    <td nowrap valign=bottom align="left" width="8"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (13,370</font></td>
    <td nowrap valign=bottom align="left" width="10"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">
      <p>&nbsp;</p>
    </td>
    <td nowrap colspan=2 valign=bottom align="left"> <font size="1">Acquisition
      of equipment leased to customers</font></td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (1,951</font></td>
    <td nowrap valign=bottom align="left" width="8"><font size="1">)</font></td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      (1,736</font></td>
    <td nowrap valign=bottom align="left" width="10"><font size="1">)</font></td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom align="left" width="354"> <font size="1"><b>Free
      cash flow</b></font></td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td nowrap valign=bottom align="right" width="120"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      42,825 </font></td>
    <td nowrap valign=bottom align="right" width="8">&nbsp;</td>
    <td nowrap valign=bottom align="right" width="116"> <font size="1">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      76,650 </font></td>
    <td nowrap valign=bottom align="right" width="10">&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">&nbsp;</td>
    <td colspan=6 valign=bottom>
      <hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86">
      <p>&nbsp;</p>
    </td>
    <td valign=bottom width=354>
      <p>&nbsp;</p>
    </td>
    <td nowrap valign=bottom width="6">
      <p><font face="Times New Roman" size="2">&nbsp;</font></p>
    </td>
    <td valign=bottom width=120>
      <p align=right>&nbsp;</p>
    </td>
    <td valign=bottom width=8>&nbsp;</td>
    <td valign=bottom width=116>
      <p align=right>&nbsp;</p>
    </td>
    <td valign=bottom width=10>&nbsp;</td>
  </tr>
  <tr>
    <td nowrap valign=bottom width="86"> <font size="1">&nbsp;</font></td>
    <td colspan=6 valign=bottom> <font size="1">Free cash flow indicates the cash
      generated from operations reduced by investments in capital and other long-term
      assets.&nbsp; Free cash flow excludes financing activities, investments
      in monetary securities, and business acquisitions and divestitures.&nbsp;
      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.&nbsp; We believe this is a common financial measure useful to
      further evaluate the results of operations.</font></td>
  </tr>
</table>

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