PerkinElmer, Inc.

45 William St.
Wellesley, Mass. 02841
781-237-5100; fax 781-431-4255
Employees: 12,500

PerkinElmer is a global technology company that provides products to the telecom,
pharmaceutical, chemical, medical, aereospace and photographic markets, and has
operations in more than 125 countries. The company has four segments: Life Sciences,
Optoelectronics, Instruments and Fluid Sciences. For the six months ended July
1, the company reported sales of $795.3 million, an increase of 7 percent, and
$72 million in net income from continuing operations, an increase of 31 percent.

Stock Information

Exchange: NYSE
Symbol: PKI
Annual meeting: April 24, 2001
Shares of common stock outstanding as of July 30, 2001: 100,900,000
Stock price as of Thursday, August 2, 2001: $31.09
Market value as of Thursday, August 2, 2001: $3,136,981,000
12-month high stock price: $60.50
12-month low stock price: $21.28



Operating Results

(dollars in thousands, except per share data)

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For the years ending Dec. 31,
2000
1999
1998
Sales
1,695,267
1,363,129
$854,382
Net income
90,520
154,316
102,002
Net income per share
1.77
3.31
2.22
Total assets
2,260,179
1,714,640
1,138,778
Long-term debt
583,337
114,855
129,835
2000
1998
1996
Shareholders’ equity
728,389
339,667
365,106

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Directors
Tamara J. Erickson, 46, director since
1995, management consultant. Shares: 14,200

Kent F. Hansen, 69, director since 1979, professor of Nuclear Engineering
at Massachusetts Institute of Technology. Shares: 8,200

John F. Keene, 69, director since 1997, founder and chairman of the board
of Keane, Inc. Shares: 5,000

Nicholas A. Lopardo, 54, director since 1996, vice chairman of State Bank
and Trust Co. and chairman and chief executive officer of Street Global Advisors,
the bank’s investment management group. Shares; 7,955

Greta E. Marshall, CFA, 63, director since 1990, manages The Marshall
Plan, a financial investment company she founded in 1988. Shares: 18,000

Michael C. Ruettgers, 58, director since 1997, executive chariman
of EMC Corp. Shares: 25,100

Gabriel Schmergel, 60, director since 1999, retired chief executive officer
and president of Genetics Institute. Shares: 4,100

Kenton J. Sicchitano, 56, director since 2001, global management partner,
Independence and Regulatory Affairs of PricewaterhouseCoopers LLP. Shares: 0

Gregory L. Summe, 44, director since 1998, chairman, chief executive officer
and president of the company. Shares: 650,000

G. Robert Tod, 61, director since 1984, retired vice chairman, president
and chief operating officer of CML Group, Inc. Shares: 22,567

Directors’ fees
Each non-employee director receives an annual retainer of $12,000
plus $1,000 for each board meeting attended. Chairpersons of the compensation,
audit, stock option and employee benefit plans, corporate governance and nominating
committees receive $4,000 per year and all non-employee members of these committees
receive $3,000 a year. Additionally, all non-employee members of these committees
receive $1,000 for each committee meeting attended unless the meeting is scheduled
on the same day as a board meeting, in which case the committee member receives
$500.

Top institutional holders
Putman Investment Management, Inc., 3,801,359 shares;
California, University of — Regents, 2,155,688 shares;
Seneca Capital Management, 2,011,828 shares.

Executive compensation

Fiscal Year
2000
1999
Gregory L. Summe, chairman, CEO and president
$2,963,469
$1,857,681
Robert F. Friel, senior vice president
and CFO
$957,971
$628,645
John J. Engel, president, Optoelectronics
SBU
$771,842
$474,386
Terrance L. Carlson, senior vice president
$664,345
$466,147
Richard F. Walsh
$651,465
$559,990


Exercised stock options

Shares acquired on exercise
Value realized
Gregory Summe
250,000
$20,106,867
Richard F. Walsh
33,334
$2,914,755


*Executive compensation includes salary, bonuses, and other compensation,
including life insurance, cash profit sharing and other payments.

Source: Proxy statement, annual report, quarterly
reports, and other PBN research

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