Hartford, CT 11/12/08; New York, NY 11/12/08; Baltimore, MD 11/14/08—A class action law suit has been brought against Waters by shareholders who purchased the company’s stock between January 24, 2007 and January 22, 2008. The suit alleges that Waters violated securities law by failing to disclose a slowdown in Japanese sales due to government regulations; that earnings were impacted by an increased tax ratel; and that, as a result of these factors, the company had no reasonable basis for its 2007 earnings guidance. Waters issued no comment.