1Clear Vision • Sound Strategies • Solid Performance

Robert W. Baird 2007 Industrial ConferenceNovember 7, 2007

1Clear Vision • Sound Strategies • Solid Performance

2Clear Vision • Sound Strategies • Solid Performance

Statements in this presentation that are not historical are considered “forward-looking statements” and are subject to change based on various factors and uncertainties that may cause actual results to differ significantly from expectations. Those factors are contained in AMETEK’s Securities and Exchange Commission filings.

In this presentation certain non-GAAP financial measures may be used. Please see the Investors section of AMETEK’s website (www.ametek.com) for a reconciliation to the appropriate GAAP measure.

Cautionary StatementsCautionary Statements

3Clear Vision • Sound Strategies • Solid Performance

AMETEK OverviewAMETEK Overview• Diversified manufacturer with annualized sales of $2 billion• Component of S&P MidCap 400 and Russell 1000• Listed on the New York Stock Exchange (symbol: AME)

4Clear Vision • Sound Strategies • Solid Performance

Diluted Earnings Per ShareDiluted Earnings Per Share$1.90

1.70

1.50

1.30

1.10

.90

.70

.5002 03 04 05 06

DilutedEarningsPer Share5 year CAGR is 22%

5Clear Vision • Sound Strategies • Solid Performance

We Are In A Strong PositionWe Are In A Strong Position• All key markets are strong

– Aerospace and Defense– Process– Power– Technical Motors

• Considerable margin leverage– Movement of production to low-cost locales– Strategic procurement initiative

• Strong new product development focus– Sales from new products was 20% of revenue in 2006 versus 16% in 2005– Engineering investment continues to expand

6Clear Vision • Sound Strategies • Solid Performance

We Are In A Strong PositionWe Are In A Strong Position• Continued international expansion

– New offices in Moscow & Chengdu, China– Further expansion in the Middle East and Japan

• Acquisition pipeline is strong• Backlog is at a record level

– Up $119 Million in first nine months to $656 Million

7Clear Vision • Sound Strategies • Solid Performance

Third Quarter 2007 ComparisonsThird Quarter 2007 Comparisons(In Millions, Except EPS)

2006 2007 Change

Sales $464.2 $528.8 14%

Operating Income $79.8 $96.0 20%

Net Income $47.4 $57.2 21%

Diluted EPS $.45 $.53 18%

8Clear Vision • Sound Strategies • Solid Performance

We Produce Electronic Instruments andWe Produce Electronic Instruments andElectromechanical DevicesElectromechanical Devices

Electronic Instruments Group

Electromechanical Group

RevenueRevenue Operating IncomeOperating Income

9Clear Vision • Sound Strategies • Solid Performance

Electronic Instruments GroupElectronic Instruments Group• A leader in the development and manufacture of monitoring,

testing, and calibrating instruments

• Markets served include:– Process & Analytical – Aerospace– Power and Industrial

10Clear Vision • Sound Strategies • Solid Performance

Process & Analytical InstrumentsProcess & Analytical Instruments($760 Million In Revenue)

• Products– Analytical and Emission Monitoring

Instrumentation– Drilling and Completion Instruments– Level Measurement– Pressure Gauges, Transducers,

and Seals– Materials Analysis– Radiation Measurement

• Markets– Chemical/ Petrochemical– Oil and Gas Production– Research/Laboratories

Model 933 Hydrogen Sulfide Analyzer for the natural gas industry

11Clear Vision • Sound Strategies • Solid Performance

Aerospace Aerospace ($195 Million In Revenue)

• Products– Airframe and Engine Monitoring Systems– Engine Sensors– Avionics– Fluid Gauging Systems– Pressure Transducers and Accelerometers

• Markets– Large Commercial Aircraft– Business and Regional Aircraft– Military

AMETEK hydraulic quantity indicator, heat exchanger and temperature sensors for Boeing 787 Dreamliner

12Clear Vision • Sound Strategies • Solid Performance

Power & Industrial Power & Industrial ($200 Million In Revenue)

• Products– Uninterruptible Power Supplies (UPS)– Power Quality Monitoring Instrumentation– Dash Panel Instruments– Food Service Instruments

• Markets– UPS Systems– Transmission and Distribution– Heavy Trucks– Construction, Agricultural and

Military Vehicles– Food Service

Universal Power Supply System

13Clear Vision • Sound Strategies • Solid Performance

Electromechanical GroupElectromechanical Group• Materials, Interconnects &

Packaging• Technical Motors & Systems• Floorcare & Specialty Motors

14Clear Vision • Sound Strategies • Solid Performance

Materials, Interconnects & PackagingMaterials, Interconnects & Packaging($260 Million In Revenue)

• Products– Highly engineered hermetic (moisture-proof) connectors,

terminals and headers, and microelectronic packages– Metal powders, metal strip,

and specialty wire

• Markets– Aerospace & Defense– Industrial– Petrochemical– Electronic Components– Medical

15Clear Vision • Sound Strategies • Solid Performance

Technical Motors & Systems Technical Motors & Systems ($390 Million In Revenue)

• Products– AC and Brushless DC Motors,

Blowers, and Fans– Electromechanical Systems

• Heat exchangers• Nuclear, biological and chemical

filtration systems

• Markets– Military Aerospace & Vehicles– Commercial Aerospace– Medical– Business Machines and Computers– Power– Industrial

Brushless DC Motors

16Clear Vision • Sound Strategies • Solid Performance

Floorcare & Specialty Motors Floorcare & Specialty Motors ($280 Million In Revenue)

• Products– Motors and Motor/Blower Systems

• Markets– Vacuum Cleaners– Commercial Floorcare Equipment– Outdoor Power Equipment– Small Household Appliances Aerotec

Motor

17Clear Vision • Sound Strategies • Solid Performance

Another View of AMETEKAnother View of AMETEK• Differentiated Businesses

– Compete primarily on product features– Niche oriented– Higher margins– Lower capital requirements

• Cost Driven Businesses– Compete primarily on price– Higher capital requirements– Lower margins

18Clear Vision • Sound Strategies • Solid Performance

Strategic View of AMETEKStrategic View of AMETEK• Differentiated Businesses

– Electronic Instruments Group– Materials, Interconnects

and Packaging– Technical Motors & Systems

• Cost Driven Businesses– Floor Care and Specialty Motors

Over time differentiated businesses will become a larger part of AMETEK

DifferentiatedDifferentiatedBusinessesBusinesses

85%85%

Cost DrivenCost DrivenBusinessesBusinesses

15%15%

19Clear Vision • Sound Strategies • Solid Performance

VisionVision

Double the Size and Profitability of the

Company in Five Years

20Clear Vision • Sound Strategies • Solid Performance

CommitmentCommitment

Double Digit Earnings Growth

Over the Business Cycle

21Clear Vision • Sound Strategies • Solid Performance

Four Growth StrategiesFour Growth Strategies• Operational Excellence• Global and Market Expansion• New Products• Acquisitions

22Clear Vision • Sound Strategies • Solid Performance

Operational ExcellenceOperational Excellence• Cornerstone strategy for the Company

– Focused on cost and asset management

• Key to delivering value from both existing and acquired businesses– Drives profitability and growth for cost driven businesses– Adds value to our differentiated businesses– Creates value from acquisitions through expense and asset reductions

23Clear Vision • Sound Strategies • Solid Performance

Operational ExcellenceOperational Excellence• Strong margin performance

• Working capital performance ranks at top of peer group

21%

20%

19%

18%

17%

16%

15%02 03 04 05 06 07

GroupOperatingMargins

9/30 YTD

24Clear Vision • Sound Strategies • Solid Performance

Operational Excellence ResultsOperational Excellence Results• SPECTRO Integration

– AMETEK acquired SPECTRO Analytical Instruments, a highly differentiated instrument company in June 2005

– SPECTRO produces technologically advanced atomic spectroscopy instrumentation used to analyze the elemental composition of solids and liquids.

– Great strategic addition to our high-end analytical instruments business– Within the first year of ownership improved operating margins from

10% to more than 18% through:• Global sales channel rationalization• Other headcount and expense reductions

• Ability to integrate acquisitions is a core competency

25Clear Vision • Sound Strategies • Solid Performance

Global and Market ExpansionGlobal and Market Expansion• Increase international sales to more than one-half of total

– Penetrate new markets for differentiated products– Add international acquisitions– Expand distribution

26Clear Vision • Sound Strategies • Solid Performance

Global and Market ExpansionGlobal and Market Expansion• Implementing a “best cost” strategy by aggressively moving

manufacturing to low-cost locales– Create a sustainable competitive position in cost driven products that

will allow us to gain market share and strengthen profitability in highly competitive markets

– $285 million in volume produced in low cost locales in 2006• Reynosa, Mexico

• Czech Republic

• Shanghai

– Expect to move an additional $40-$50 million in 2007

27Clear Vision • Sound Strategies • Solid Performance

Global and Market ExpansionGlobal and Market Expansion

– AMETEK Process Instruments is a leading supplier of mass spectrometers and other analytical instrumentation for the process industries.

– We have taken this proven technology and applied it in pharmaceutical manufacturing.

– AMETEK’s PromaxionTM is being widely used in solvent drying end point detection, reducing manufacturing process time and improving throughput.

– Customers include most major pharmaceutical manufacturers.

• Leverage existing technologies into new markets.

28Clear Vision • Sound Strategies • Solid Performance

New ProductsNew Products• Key strategy for generating internal growth

– Continued strong funding of R&D– Many new product introductions– Well positioned with fresh new products that meet the needs of

the marketplace

29Clear Vision • Sound Strategies • Solid Performance

New ProductsNew Products• Model 5100-NCM Tunable

Diode Laser Analyzer

– Highly reliable, cost-effective method for quickly measuring water vapor content of natural gas

– Rugged, compact unit with fully enclosed optics and sample conditioning system

– Ideally suited for natural gas producers, pipeline operators and service companies

30Clear Vision • Sound Strategies • Solid Performance

New ProductsNew Products• SPECTRO ARCOS Inductively

Coupled Plasma-Optical Emission Spectrometer

– Fastest ICP-OES instrument commercially available

– For ultra-trace analysis of organic materials and metals

– Specially suited for environmental or regulatory compliance applications

31Clear Vision • Sound Strategies • Solid Performance

New ProductsNew Products• Taylor Hobson Talyrond 385

Ultra-high Precision Surface Measurement System

– Offers fully automatic nano-metric analysis of form and geometry

– Designed specifically for ultra-precision manufacturing

– Compatible with latest statistical process control software applications

32Clear Vision • Sound Strategies • Solid Performance

AcquisitionsAcquisitions• Will play an important role in driving the growth of the

company

• One-half to two-thirds of our growth

• Acquisition program will be targeted at businesses with revenues between $30 million and $100 million

• Will focus on adding differentiated businesses – over time, these businesses will become a larger part of AMETEK

33Clear Vision • Sound Strategies • Solid Performance

AcquisitionsAcquisitionsAnnual

Name Date Revenue

Umeco November 2007 $58 MillionCameca August 2007 $82 MillionHamilton Precision Metals June 2007 $25 MillionAdvanced Industries/ B&S Aircraft Parts June 2007 $25 MillionSeacon Phoenix April 2007 $17 MillionSouthern Aeroparts December 2006 $17 MillionPrecitech November 2006 $19 MillionLand Instruments June 2006 $41 MillionPennEngineering Motion Technologies May 2006 $55 MillionPulsar Technologies February 2006 $10 MillionHCC Industries October 2005 $104 MillionSolartron Group September 2005 $50 MillionSPECTRO June 2005 $104 MillionHughes-Treitler July 2004 $32 MillionTaylor-Hobson June 2004 $70 MillionChandler Instruments August 2003 $30 MillionSolidstate Controls February 2003 $45 MillionAirtechnology January 2003 $46 MillionInstruments for Research and Applied Science December 2001 $50 MillionEDAX, Inc. July 2001 $34 MillionGS Electric May 2001 $65 Million

34Clear Vision • Sound Strategies • Solid Performance

AcquisitionsAcquisitions• Strong free cash flow levels and ability to prudently expand

our debt levels• Track record of success in making and integrating

acquisitions• Ability to integrate acquisitions is a core competency

– Looked at last twenty two acquisitions through June 2006– Pre-tax profit in first year of our ownership up 40% over previous year

35Clear Vision • Sound Strategies • Solid Performance

SummarySummary• Strong Foundation• Clear Vision• Solid Strategy• Proven Management Team• Committed to creating shareholder value through our Four

Growth Strategies

36Clear Vision • Sound Strategies • Solid Performance

Robert W. Baird 2007 Industrial ConferenceNovember 7, 2007

36Clear Vision • Sound Strategies • Solid Performance