Teledyne Technologies Reports First Quarter Results

LOS ANGELES - March 27, 2005 - Teledyne Technologies today reported first quarter 2005 sales of $297.5 million, compared with sales of $219.6 million for the same period in 2004. Net income for the first quarter of 2005 was $15.8 million ($0.46 per diluted share), compared with net income of $5.9 million ($0.18 per diluted share) in the first quarter of 2004.

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Investor Contact:
Jason VanWees
(310) 893-1642

Press Contact:
Robyn McGowan
(310) 893-1640