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FISHER SCIENTIFIC INTERNATIONAL RECEIVES NET PROCEEDS

 FISHER SCIENTIFIC INTERNATIONAL RECEIVES NET PROCEEDS
 HAMPTON, N.H., March 20 /PRNewswire/ -- Fisher Scientific International Inc. (NYSE: FSH) will receive net proceeds of $20.5 million as a result of the exercise in full of the underwriters' over-allotment option to purchase an additional 975,000 Fisher common shares.
 The exercise of the option brought to 7,475,000 the total shares sold in the secondary offering commenced earlier this week and increased the number of Fisher's total shares outstanding to 15,975,000.
 The proceeds will be used by Fisher for general corporate purposes, including potential acquisitions. The simultaneous United States and international offerings are scheduled to close next Wednesday.
 "We are delighted that investors have responded so favorably to the offering," Paul M. Montrone, president and chief executive officer of Fisher, said. "As a result of the offering, Fisher is once again an independent public company."
 Fisher was independent from the time of its founding in 1902 until it was acquired in 1981. It became public through an initial public offering of 8.5 million common shares last December.
 In both offerings, The First Boston Corporation, Donaldson, Lufkin & Jenrette Securities Corporation, Lazard Freres & Co. and Smith Barney, Harris, Upham & Co. Incorporated were underwriters for the U.S. syndicate. Credit Suisse First Boston Limited, Donaldson, Lufkin & Jenrette, Lazard Brothers & Co., Limited and Smith Barney were the managers of the international offering.
 Fisher Scientific is the oldest and largest supplier of instruments, equipment and other products to the scientific community in North America.
 -0- 3/20/92
 /CONTACT: Norman Ritter of Fisher Scientific International, 603-929-2322/
 (FSH) CO: Fisher Scientific International ST: New Hampshire IN: SU:


EG -- NE004 -- 0133 03/20/92 13:15 EST
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Publication:PR Newswire
Date:Mar 20, 1992
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