Laboratory Minnesota Twins Products and Services SegmentIn theProducts

Laboratory reveals apartments near university of minnesota twin cities Products and metrodome observes Services SegmentIn the Laboratory Products and Services Segment, which now includes the Biolabacquisition, revenues declined 3% in the second quarter of 2009 to $1.60billion, compared with 2008 revenues of $1.66 billion. Adjusted operating incomedecreased 6% in the second quarter of 2009, and adjusted operating margindecreased to 13.6%, versus 2008 results of 14.0%. Use of Non-GAAP Financial MeasuresIn addition to the financial measures prepared in accordance with generallyaccepted accounting principles (GAAP), we use certain non-GAAP financialmeasures, including adjusted EPS, adjusted operating income and adjustedoperating margin, which exclude restructuring and other costs/income andamortization of acquisition-related intangible assets. Adjusted EPS alsoexcludes certain other gains and losses, tax provisions/benefits related to theprevious items, benefits from tax credit carryforwards, the impact ofsignificant tax audits or events and discontinued operations. We exclude theabove items because they are outside of our normal operations and/or, in certaincases, are difficult to forecast accurately for future periods. We also use anon-GAAP measure, free cash flow, which excludes operating cash flows fromdiscontinued operations and deducts net capital expenditures. We believe thatthe use of non-GAAP measures helps investors to gain a better understanding ofour core operating results and future prospects, consistent with how managementmeasures and forecasts the company`s performance, especially when comparing suchresults to previous periods or forecasts.

Analytical Technologies SegmentRevenues in the Analytical Technologies Segment declined 14% in the secondquarter of 2009 to $1.00 billion, compared with 2008 revenues of $1.16 billion.Adjusted operating income decreased 18% in the second quarter of 2009, andadjusted operating margin decreased to 20.1%, versus 2008 results of 21.1% baseball managers . We are also raising the low end of ouradjusted EPS guidance by $.05 to a range of $2.85 to $3.10 for the year, whichwould result in a 1% to 9% decline in adjusted EPS compared with our 2008adjusted EPS of $3.13." (The 2009 guidance does not include any futureacquisitions or divestitures, and is based on present currency exchange rates.In addition, the adjusted EPS estimate excludes amortization expense foracquisition-related intangible assets and certain other items detailed later inthis press release under the heading "Use of Non-GAAP Financial Measures.") Management uses adjusted operating results to monitor and evaluate performanceof the company`s business segments minnesota twins . Dekkers, president and chief executive officer of ThermoFisher Scientific twin babies clothes . Quarterly Snapshot* Revenues decreased 8% * Adjusted EPS declined 6% * Generated record second quarter free cash flow of nearly $350 million * Acquired Biolab, the leading laboratory supply channel in Australia and NewZealand * Launched innovative new products at major international industry exhibitions * Spent $415 million to complete $500 million stock buyback program"Although economic conditions remain difficult, we are pleased to report thatour operating performance significantly improved over the first quarter of2009," said Marijn E twin babies clothing .

Adjusted EPS, adjusted operating income, adjusted operating margin and free cashflow are non-GAAP measures that exclude certain items detailed later in thispress release under the heading "Use of Non-GAAP Financial Measures." Allprior-year results have been adjusted to reflect the new accounting rulesconcerning convertible debt and the calculation of earnings per share that tookeffect at the beginning of 2009 baseball tickets . Adjusted operating income for the 2009 quarter decreased 12%versus 2008 results, and adjusted operating margin declined 80 basis points to16.8%, compared with adjusted operating margin of 17.6% in the 2008 period twin babies gifts . Adjusted EPS declined 6% to $0.74 in the second quarter of 2009, versus $0.79 inthe 2008 quarter twin babies products . GAAP operating income for the 2009 quarter was $259 million, comparedwith $330 million in 2008, and GAAP operating margin was 10.4%, compared with12.2% a year ago metrodome . (2) Amount includes revenues from the Company's Bliss spa and product business and other miscellaneous revenue STARWOOD HOTELS & RESORTS WORLDWIDE, INC.

Management Fees, Franchise Fees and Other IncomeFor the Three Months Ended June 30, UNAUDITED ($ millions) Worldwide20092008$ Variance% Variance Management Fees:Base Fees 6075-15 -20.0 %Incentive Fees2640-14 -35.0 %Total Management Fees 86115 -29 -25.2 % Franchise Fees3444-10 -22.7 % Total Management & Franchise Fees 120 159 -39 -24.5 % Other Management & Franchise Revenues (1) 30246 25.0% Total Management & Franchise Revenues 150 183 -33 -18.0 % Other (2) 37352 5.7 % Management Fees, Franchise Fees & Other Income187 218 -31 -14.2 %(1) Other Management & Franchise Revenues primarily includes the amortization of deferred gains of approximately $20 million in 2009 and $21 million in 2008 resulting from the sales of hotels subject to long-term management contracts and termination fees joe mauer . TOTAL HOTELS REVPAR ($) 96.92 134.04-27.7% 95.48 127.95-25.4% 98.90 142.46-30.6%ADR ($)154.99189.89-18.4% 146.31176.05-16.9% 168.31210.43-20.0%Occupancy (%)62.5% 70.6% -8.1 65.3% 72.7% -7.4 58.8% 67.7% -8.9SHERATON REVPAR ($) 84.65 115.56-26.7% 83.22 111.73-25.5% 86.53 120.64-28.3%ADR ($)138.45165.90-16.5% 130.04154.73-16.0% 150.86182.06-17.1%Occupancy (%)61.1% 69.7% -8.6 64.0% 72.2% -8.2 57.4% 66.3% -8.9WESTIN REVPAR ($) 109.55147.32-25.6% 110.35143.54-23.1% 107.20158.35-32.3%ADR ($)166.45201.09-17.2% 162.49192.55-15.6% 179.63227.93-21.2%Occupancy (%)65.8% 73.3% -7.5 67.9% 74.6% -6.7 59.7% 69.5% -9.8ST minnesota twins . The actual number of units to beconstructed may be significantly lower than the number of future unitsindicated twin babies clothes . There can also be no assurance that agreements will be entered intofor the hotels in the Company`s pipeline and, if entered into, the timing of anyagreement and the opening of the related hotel .