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Teledyne Completes the Sale of STIP-Isco Assets to Endress+Hauser

LOS ANGELES - April 1, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne Isco, Inc. and its Germany-based subsidiary, STIP-Isco GmbH, completed the sale of the assets of STIP-Isco to Endress + Hauser Conducta GmbH + Co KG. STIP, located near Frankfurt, produces on-line analytical instrumentation for monitoring water and wastewater. As a part of the transaction, Teledyne Isco also sold to Endress+Hauser the rights to certain on-line analytical instruments produced by Teledyne Isco in the United States. The terms of the transaction were not disclosed.

Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.

Investor Contact:
Jason VanWees
(310) 893-1642

Press Contact:
Robyn McGowan
(310) 893-1640

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