Thermo Electron Corporation To Buy Back Its Common Stock

WALTHAM, Mass., March 1 /PRNewswire-FirstCall/ -- Thermo Electron Corporation announced today that its board of directors has authorized the repurchase, through February 28, 2007, of $100 million of shares of its own common stock in the open market or in negotiated transactions.

About Thermo Electron

Thermo Electron Corporation is the world leader in analytical instruments. Our instrument solutions enable our customers to make the world a healthier, cleaner and safer place. Thermo's Life and Laboratory Sciences segment provides analytical instruments, scientific equipment, services and software solutions for life science, drug discovery, clinical, environmental and industrial laboratories. Thermo's Measurement and Control segment is dedicated to providing analytical instruments used in a variety of manufacturing processes and in-the-field applications, including those associated with safety and homeland security. For more information, visit http://www.thermo.com.

Media Contact Information: Investor Contact Information: Lori Gorski Kenneth J. Apicerno Phone: 781-622-1242 Phone: 781-622-1111 E-mail: lori.gorski@thermo.com E-mail: ken.apicerno@thermo.com

Thermo Electron Corporation

CONTACT: Media: Lori Gorski, +1-781-622-1242, lori.gorski@thermo.com, orInvestors, Kenneth J. Apicerno, +1-781-622-1111, ken.apicerno@thermo.com,both of Thermo Electron Corporation

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