Welcome to

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Welcome to
A leading global manufacturer of electronic
instruments and electric motors
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Clear Vision Sound Strategies Solid
Performance
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Overview

• Nearly 1.1 billion in annual sales
• More than 40 of sales are outside the United
  States
• Employs 7,800 colleagues throughout the world
• Operates 70 facilities in the United States and
  18 other countries worldwide
• New York Stock Exchange listed since 1930
  (symbol AME)
• Component of the Russell 1000 and SP MidCap 400
  indexes

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Two Operating Groups

• Electronic Instruments Group (EIG)
• Electromechanical Group (EMG)
• Company balanced in terms of both revenue and
  profit

Revenue Operating Income
Electronic Instruments Group Electromechanical
Group
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Electronic Instruments Group Markets

• Process Serves the chemical, petrochemical,
  refining, semiconductor, factory automation, and
  research and laboratory equipment markets
  offering a variety of measurement instruments
• Aerospace Commercial transport, regional
  aircraft, military, business jets, and military
  vehicles. Serves both airframe and engine
  component manufacturers and aftermarket
• Power Power generation instrumentation, power
  quality and monitoring instrumentation, and
  Uninterruptible Power Supply (UPS) systems
• Industrial Provides instrumentation for heavy
  truck, agriculture, construction and other
  vehicles, and food service

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Electronic Instruments Group Businesses

• Advanced Measurement Technology ORTEC,
  Princeton Applied Research, SIGNAL RECOVERY
• Aerospace Power Instruments Avionics,
  Sensors/Monitoring Systems, Service Operations,
  Gulton-Statham Products, LER, PANALARM, Power
  Instruments, Rochester Instrument Systems (RiS)
• Chandler Instruments CHANDLER ENGINEERING,
  GRABNER
• Chemical Products HAVEG, Westchester Plastics
• Dixson
• National Controls Corporation (NCC)
• Process Analytical Instruments EDAX, Process
  Instruments (WESTERN RESEARCH), THERMOX
• Sensor Technology Automation Process
  Technologies, DREXELBROOK
• Solidstate Controls
• Test Calibration Instruments AMETEK Denmark
  (Jofra), CHATILLON, Lloyd Instruments, Mansfield
  Green
• U.S. GAUGE Hunter Spring Products, PMT
  Products
• AMETEK Instruments Europe
• AMETEK Singapore

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Electromechanical Group Markets

• Motors and blowers
• Household and commercial vacuum and other floor
  care appliances
• Military/aerospace, medical, business, computer,
  mass transit, cooling and ventilating equipment
• Outdoor power equipment, household and commercial
  appliances, exercise equipment, consumer products
• Material handling vehicles, industrial equipment,
  pumps and winches
• Specialty metals for electronic and industrial
  applications
• Switches and battery chargers for motive and
  stationary power

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Electromechanical Group Businesses

• Global Floor Care Motors AMETEK Italia (Vacuum
  Products), AMETEK Motors Shanghai, LAMB Electric
• Global Specialty Motors AMETEK do Brasil,
  AMETEK Italia (Ciaramella), Prestolite Motors,
  Specialty Motors
• Prestolite Power Switch
• ROTRON Aircontrol Technologies, Airscrew,
  Military Aerospace, Technical Industrial
  Products
• Specialty Metal Products

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Our Vision

• To double the size and profitability of AMETEK
  over the next five years
• We view AMETEK as an internationally respected
  company known for having the highest quality
  products in the markets we serve
• AMETEKs attributes
• Preferred customer/supplier
• A company that seeks and encourages colleague
  participation
• Valued investment for our shareholders
• Socially responsible corporate citizen

Frank S. Hermance Chairman and Chief Executive
Officer
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Values

• AMETEKs commitment
• Build partnerships with our customers by
  providing world-class products and services at
  competitive prices
• Form business partnerships that benefit our
  customers and suppliers and are based on fairness
  and integrity
• Treat our colleagues with respect, offering them
  opportunities to contribute and develop to their
  fullest, while sharing with them the rewards and
  responsibilities of their achievement
• Provide our investors with consistent returns on
  their investment
• Be responsible corporate citizens in our
  communities by maintaining high ethical standards
  of business and environmental responsibility
• For more information about AMETEK, visit our Web
  site at www.ametek.com

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Mission

• Enhance shareholder value through the sound
  execution of our Four Growth Strategies
• Four Growth Strategies
• Operational Excellence
• Strategic Acquisitions Alliances
• Global Market Expansion
• New Products

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Financial Highlights

• AMETEK demonstrated strong financial performance
  in a difficult economic environment during 2003

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