Transactions

Effective December 1, 1997, the Company acquired the outstanding common stock of EG&G Flow Technology, Inc. for total cash costs of $10.0 million. The new subsidiary was subsequently renamed FTI Flow Technology, Inc. ("Flow Technology"). Flow Technology, based in Phoenix, Arizona, manufactures and markets turbine flow meters, calibrators and emissions measurement equipment for aerospace, automotive and industrial markets. Flow Technology is a member of Roper's Fluid Handling segment.
  

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