Izasa Distribuciones Tecnicas S.A. Announces Expiration of Its Tender Offer for American Depositary Shares of Instrumentation Laboratory S.p.A

Business Wire, Feb 22, 2002

Business Editors, Health/Medical Writers

BIOWIRE2K

BARCELONA, Spain--(BW HealthWire)--Feb. 22, 2002

Izasa Distribuciones Tecnicas S.A. announced today that its tender offer to purchase any and all of the outstanding American depositary shares, each representing one ordinary share, par value EUR 1.29 per share, of Instrumentation Laboratory S.p.A. (Symbol: "ISLBY") for U.S.$0.50 per American depositary share in cash, has expired in accordance with it terms.

Approximately 700,190 ADSs of Instrumentation Laboratory S.p.A., or approximately 5.0% of the issued and outstanding ADSs, were validly tendered prior to the expiration of the tender offer at 5:00 PM, New York City time, on Tuesday, February 19, 2002, and were accepted for payment.

Questions and requests for additional information should be made by contacting the Information Agent, Georgeson Shareholder Communications Inc. Banks and brokers should call collect (212) 440-9800. Everyone else should call toll free (800) 455-5402.