Exhibit 99.1

EDITORIAL CONTACT:

PRGP10012

Amy Flores

+1 408 345 8194

amy_flores@agilent.com

INVESTOR CONTACT:

Alicia Rodriguez

+1 408 345 8948

alicia_rodriguez@agilent.com

Agilent Technologies Reports Third Quarter 2010 Results

Highlights:

· GAAP net income of $205 million, or $0.58 per share

· Non-GAAP net income of $191 million, or $0.54 per share (1)

· Orders of $1.49 billion, up 39 percent from last year, revenues of $1.38 billion, up 31 percent from one year ago

· Excluding the Varian acquisition and recent divestitures, orders grew 30 percent and revenues grew 24 percent over a year ago (2)

· Varian acquisition completed. Integration on track.

· Fourth quarter non-GAAP earnings guidance of $0.58 to $0.59 per share (3) compares to $0.32 per share (1) one year ago. Fourth quarter revenue guidance of $1.52 billion.

· Raising expected fiscal year 2010 non-GAAP earnings to be in the range of $1.94 to $1.95 per share(3)

SANTA CLARA, Calif., Aug. 16, 2010 — Agilent Technologies Inc. (NYSE: A) today reported revenues of $1.38 billion for the third fiscal quarter ended July 31, 2010, 31 percent above one year ago, or 24 percent excluding the effects of the Varian acquisition and recent divestitures(2). Third quarter GAAP net

income was $205 million, or $0.58 per diluted share. Last year’s third quarter GAAP net loss was $19 million, or ($0.06) per share.

During the third quarter, Agilent had net gains from divestitures of $123 million, Varian-related acquisition and integration costs of $83 million, intangible amortization of $28 million and restructuring charges of $6 million. Excluding these items and $8 million of other net benefits, Agilent reported third quarter adjusted net income of $191 million, or $0.54 per share.(1) On a comparable basis, the company earned $53 million, or $0.15 per share(1), one year ago.

Bill Sullivan, Agilent president and CEO, said, “We are pleased with a very solid quarter. The Varian integration is going well, and we had excellent organic growth across all of our instrument platforms and geographies.”

Chemical Analysis revenues were up 62 percent above one year ago, or 13 percent on an organic basis. Growth continued across Agilent’s applied markets. Environmental, petrochemical and forensics markets all reflected double-digit growth.

Life Sciences revenues grew 28 percent over last year, or 15 percent on an organic basis. Strong demand was seen from academia and government customers. Growth in pharmaceutical R&D continued, with emerging markets driving demand.

Electronic Measurement revenues were up 24 percent over a year ago, or 34 percent excluding the Network Solutions divestiture. There was solid growth across all of Agilent’s markets — communications, aerospace and defense, industrial and semiconductor.

Third quarter ROIC was 20 percent(4), compared with 9 percent(4) one year ago. Inventory Days on Hand decreased by nine days to 97 days. Receivables Days Sales Outstanding, at 50, grew four days compared with a year ago, due to the Varian acquisition. Agilent generated $90 million of cash from operations during the third quarter. Net cash at the end of the third quarter was $267 million (5).

Looking ahead, Sullivan said, “Our business outlook remains strong and we have raised guidance for the remainder of the fiscal year. We are excited about our robust pipeline of new product introductions and expect to take advantage of the many opportunities across our broad range of markets.”

Fiscal fourth quarter revenues are expected to be approximately $1.52 billion, roughly 30 percent above last year. Fiscal fourth quarter non-GAAP earnings are expected to be in the range of $0.58 to $0.59 per share (3).

For the full fiscal year 2010, Agilent expects revenues of $5.4 billion, roughly 20 percent above last year. Non-GAAP earnings are expected to be in the range of $1.94 to $1.95 per share (3) .

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is the world’s premier measurement company and a technology leader in chemical analysis, life sciences, electronics and communications. The company’s 18,500 employees serve customers in more than 100 countries. Agilent had net revenues of $4.5 billion in fiscal 2009. Information about Agilent is available on the Web at www.agilent.com.

Agilent’s management will present more details about its third quarter FY2010 financial results on a conference call with investors today at 1:30 p.m. (Pacific). This event will be webcast live in listen-only mode. Listeners may log on at www.investor.agilent.com and select “Q3 2010 Agilent Technologies Inc. Earnings Conference Call” in the “News & Events — Calendar of Events” section. The webcast will remain available on the company’s Web site for 90 days.

Additional investor materials can be found on http://www.investor.agilent.com/phoenix.zhtml?c=103274&p=irol-gaap.

A telephone replay of the conference call will be available from 4:30 p.m. (Pacific) today through Aug. 23, 2010. The replay number is +1 888 286-8010; international callers may dial +1 (617) 801-6888. The passcode is 36517069.

Forward-Looking Statements

This news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, information regarding Agilent’s future revenues, earnings and profitability; the future demand for the Company’s products and services; and revenue and non-GAAP earnings guidance for the fourth quarter and full fiscal year 2010. These forward-looking statements involve risks and uncertainties that could cause Agilent’s results to differ materially from management’s current expectations. Such risks and uncertainties include, but are not limited to, unforeseen changes in the strength of our customers’ businesses, unforeseen changes in the demand for current and new products and technologies, and the risk that we are not able to realize the savings expected from the restructuring activities.

In addition, other risks that Agilent faces in running its operations include the ability to execute successfully through business cycles while it continues to implement cost reductions; the ability to meet and achieve the benefits of its cost-reduction goals and otherwise successfully adapt its cost structures to continuing changes in business conditions; ongoing competitive, pricing and gross-margin pressures; the risk that our cost-cutting initiatives will impair our ability to develop products and remain competitive and to operate effectively; the impact of geopolitical uncertainties and global economic conditions on our operations, our markets and our ability to conduct business; the ability to improve asset performance to adapt to changes in demand; the ability of our supply chain to adapt to changes in demand; the ability to successfully introduce new products at the right time, price and mix; the ability of Agilent to successfully integrate Varian, Inc. and other risks detailed in Agilent’s filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended April 30, 2010. Forward-looking statements are based on the beliefs and assumptions of Agilent’s management and on currently available information. Agilent undertakes no responsibility to publicly update or revise any forward-looking statement.

(1) Non-GAAP net income and non-GAAP net income per share are defined to exclude primarily the impacts of integration costs, acquisition fair value adjustments, transformation initiatives, non-cash intangibles amortization as well as disposals of businesses net of their tax effects. A reconciliation between non-GAAP earnings and GAAP net earnings is set forth on page 5 of the attached tables along with additional information regarding the use of this non-GAAP measure.

(2) Revenues, excluding the impact of the Varian acquisition and recent divestitures, are a non-GAAP measure and are defined to exclude the fair value adjustment to acquisition related deferred revenue balances for the Varian acquisition and exclude the impacts of the Varian acquisition and the divestitures of our Network Systems and Hycor businesses. A reconciliation between non-GAAP revenues, and GAAP revenues is set forth on page 9 of the attached tables along with additional information regarding the use of this non-GAAP measure.

(3) Non-GAAP earnings per share as projected for Q410 and full fiscal year 2010 excludes primarily the impacts of integration costs, acquisition fair value adjustments, future restructuring, and asset impairment charges and non-cash intangibles amortization. Most of these excluded amounts pertain to events that have not yet occurred and are not currently possible to estimate with a reasonable degree of accuracy. Therefore, no reconciliation to GAAP amounts has been provided. Future amortization of intangibles is expected to be approximately $31 million per quarter.

(4) Return On Invested Capital is a non-GAAP measure and is defined as income (loss) from operations less other (income) expense and taxes, annualized, divided by the average of the two most recent quarter-end balances of assets less net current liabilities. The reconciliation of ROIC can be found on page 7 of the attached tables, along with additional information regarding the use of this non-GAAP measure.

(5) Net Cash is a non-GAAP measure and is defined as (A) the sum of (1) cash and cash equivalents, (2) restricted cash and cash equivalents and (3) investments — debt securities less (B) the sum of (1) short-term debt, (2) long-term debt and (3)

senior notes. The reconciliation of Net Cash can be found on page 10 of the attached tables, along with additional information regarding the use of this non-GAAP measure.

# # #

NOTE TO EDITORS: Further technology, corporate citizenship and executive news is available on the Agilent news site at www.agilent.com/go/news.

AGILENT TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

(In millions, except per share amounts)

(Unaudited)

PRELIMINARY

	Three Months Ended
	July 31,						Percent
	2010			2009			Inc/(Dec)

Orders	$	1,491		$	1,071		39	%

Net revenue	$	1,384		$	1,057		31	%

Costs and expenses:
Cost of products and services	659			518			27	%
Research and development	154			153			1	%
Selling, general and administrative	456			387			18	%
Total costs and expenses	1,269			1,058			20	%

Income (loss) from operations	115			(1		)	(11600	)%

Interest income	3			5			(40	)%
Interest expense	(24		)	(21		)	14	%
Other income (expense), net	133			(24		)	(654	)%

Income (loss) before taxes	227			(41		)	(654	)%

Provision (benefit) for taxes	22			(22		)	(200	)%

Net income (loss)	$	205		$	(19	)	(1179	)%

Net income (loss) per share:
Basic	$	0.59		$	(0.06	)
Diluted	$	0.58		$	(0.06	)

Weighted average shares used in computing net income (loss) per share:
Basic	347			345
Diluted	352			345

The preliminary income statement is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

(In millions, except per share amounts)

(Unaudited)

PRELIMINARY

	Nine Months Ended
	July 31,						Percent
	2010			2009			Inc/(Dec)

Orders	$	4,057		$	3,212		26	%

Net revenue	$	3,868		$	3,314		17	%

Costs and expenses:
Cost of products and services	1,772			1,656			7	%
Research and development	453			492			(8	)%
Selling, general and administrative	1,280			1,190			8	%
Total costs and expenses	3,505			3,338			5	%

Income (loss) from operations	363			(24		)	(1613	)%

Interest income	9			25			(64	)%
Interest expense	(69		)	(67		)	3	%
Other income (expense), net	146			(6		)	(2533	)%

Income (loss) before taxes	449			(72		)	(724	)%

Provision (benefit) for taxes	57			(16		)	(456	)%

Net income (loss)	$	392		$	(56	)	(800	)%

Net income (loss) per share:
Basic	$	1.13		$	(0.16	)
Diluted	$	1.11		$	(0.16	)

Weighted average shares used in computing net income (loss) per share:
Basic	348			347
Diluted	352			347

The preliminary income statement is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED BALANCE SHEET

(In millions, except par value and share amounts)

(Unaudited)

PRELIMINARY

	July 31,			October 31,
	2010			2009
ASSETS

Current assets:
Cash and cash equivalents	$	2,317		$	2,479
Short-term restricted cash and cash equivalents	1,551			—
Short-term investments	—			14
Accounts receivable, net	790			595
Inventory	688			552
Other current assets	389			321
Total current assets	5,735			3,961

Property, plant and equipment, net	957			845
Goodwill	1,399			655
Other intangible assets, net	513			167
Long-term restricted cash and cash equivalents	11			1,566
Long-term investments	136			163
Other assets	349			255
Total assets	$	9,100		$	7,612

LIABILITIES AND EQUITY

Current liabilities:
Accounts payable	$	459		$	307
Employee compensation and benefits	315			336
Deferred revenue	331			285
Short-term debt	1,501			1
Other accrued liabilities	311			194
Total current liabilities	2,917			1,123

Long-term debt	2,177			2,904
Retirement and post-retirement benefits	497			498
Other long-term liabilities	699			573
Total liabilities	6,290			5,098

Total Equity:
Stockholders’ equity:
Preferred stock; $0.01 par value; 125 million shares authorized; none issued and outstanding	—			—
Common stock; $0.01 par value; 2 billion shares authorized; 577 million shares at July 31, 2010 and 566 million shares at October 31, 2009 issued	6			6
Treasury stock at cost; 231 million shares at July 31, 2010 and 220 million shares at October 31, 2009	(7,986		)	(7,627		)
Additional paid-in-capital	7,855			7,552
Retained earnings	3,152			2,760
Accumulated other comprehensive loss	(225		)	(185		)
Total stockholders’ equity	2,802			2,506
Non controlling interest	8			8
Total equity	2,810			2,514
Total liabilities and equity	$	9,100		$	7,612

The preliminary balance sheet is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(In millions)

(Unaudited)

PRELIMINARY

	Three Months			Nine Months
	Ended			Ended
	July 31,			July 31,
	2010			2010
Cash flows from operating activities:
Net income	$	205		$	392

Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization	60			135
Share-based compensation	13			51
Deferred taxes	94			139
Excess and obsolete and inventory-related charges	8			21
Asset impairment charges	—			20
Gain on divestitures	(128		)	(125		)
Loss on sale of assets	—			1
Changes in assets and liabilities:
Accounts receivable	(16		)	(109		)
Inventory	(5		)	(22		)
Accounts payable	30			85
Employee compensation and benefits	(72		)	(54		)
Other assets and liabilities	(99		)	(189		)
Net cash provided by operating activities (a)	90			345

Cash flows from investing activities:
Investments in property, plant and equipment	(33		)	(87		)
Proceeds from sale of property, plant and equipment	6			7
Proceeds from sale of investment securities	30			38
Change in restricted cash and cash equivalents	1			5
Proceeds from divestitures, net	196			216
Acquisition of businesses and intangible assets, net of cash acquired	(1,298		)	(1,310		)
Net cash used in investing activities	(1,098		)	(1,131		)

Cash flows from financing activities:
Issuance of common stock under employee stock plans	40			264
Issuance of senior notes	747			747
Debt issuance cost	(5		)	(5		)
Repayment of long-term debts	(14		)	(29		)
Treasury stock repurchases	(94		)	(359		)
Net cash provided by financing activities	674			618

Effect of exchange rate movements	5			6

Net decrease in cash and cash equivalents	(329		)	(162		)

Cash and cash equivalents at beginning of period	2,646			2,479

Cash and cash equivalents at end of period	$	2,317		$	2,317


(a) Cash payments included in operating activities:
Restructuring payments	22			88
Income tax payments	22			48

The preliminary cash flow is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

NON-GAAP NET INCOME AND DILUTED EPS RECONCILIATIONS

(In millions, except per share amounts)

(Unaudited)

PRELIMINARY

	Three Months Ended												Nine Months Ended
	July 31,												July 31,
	2010			Diluted EPS			2009			Diluted EPS			2010			Diluted EPS			2009			Diluted EPS

GAAP Net income (loss)	$	205		$	0.58		$	(19	)	$	(0.06	)	$	392		$	1.11		$	(56	)	$	(0.16	)
Non-GAAP adjustments:
Restructuring and other related costs - FY2009 Plan	6			0.02			69			0.20			56			0.16			197			0.57
Asset impairments	—			—			11			0.03			14			0.04			34			0.10
Intangible amortization	28			0.08			11			0.03			47			0.13			35			0.10
Transformational restructuring	14			0.04			—			—			29			0.08			—			—
Litigation settlement	(7		)	(0.02		)	—			—			(8		)	(0.02		)	—			—
Business divestitures	(123		)	(0.35		)	23			0.07			(114		)	(0.32		)	23			0.07
Varian acquisition and integration costs	50			0.14			—			—			77			0.22			—			—
Varian acquisition related fair value adjustments	33			0.09			—			—			33			0.09			—			—
Acceleration of share-based compensation related to workforce reduction	—			—			1			—			1			—			4			0.01
Patent litigation judgement	—			—			—			—			—			—			(6		)	(0.02		)
Pension curtailment	—			—			(13		)	(0.04		)	—			—			(13		)	(0.04		)
Other	4			0.01			6			0.02			7			0.02			12			0.03
Adjustment for taxes	(19		)	(0.05		)	(36		)	(0.10		)	(56		)	(0.15		)	(61		)	(0.17		)
Non-GAAP Net Income	$	191		$	0.54		$	53		$	0.15		$	478		$	1.36		$	169		$	0.49

Historical amounts are reclassified to conform with current period presentation

We provide non-GAAP net income and non-GAAP net income per share amounts in order to provide meaningful supplemental information regarding our operational performance and our prospects for the future. These supplemental measures exclude, among other things, charges related to the amortization of intangibles, the impact of restructuring charges, the acquisition of Varian, Inc., and the sale of our businesses. Some of the exclusions, such as impairments, may be beyond the control of management. Further, some may be less predictable than revenue derived from our core businesses (the day to day business of selling our products and services). These reasons provide the basis for management’s belief that the measures are useful.

Our management uses non-GAAP measures to evaluate the performance of our core businesses, to estimate future core performance and to compensate employees. Since management finds this measure to be useful, we believe that our investors benefit from seeing our results “through the eyes” of management in addition to seeing our GAAP results. This information facilitates our management’s internal comparisons to our historical operating results as well as to the operating results of our competitors.

Our management recognizes that items such as amortization of intangibles and restructuring charges can have a material impact on our cash flows and/or our net income. Our GAAP financial statements including our statement of cash flows portray those effects. Although we believe it is useful for investors to see core performance free of special items, investors should understand that the excluded items are actual expenses that may impact the cash available to us for other uses. To gain a complete picture of all effects on the company’s profit and loss from any and all events, management does (and investors should) rely upon the GAAP income statement. The non-GAAP numbers focus instead upon the core business of the company, which is only a subset, albeit a critical one, of the company’s performance.

Readers are reminded that non-GAAP numbers are merely a supplement to, and not a replacement for, GAAP financial measures. They should be read in conjunction with the GAAP financial measures. It should be noted as well that our non-GAAP information may be different from the non-GAAP information provided by other companies.

The preliminary non-GAAP net income and diluted EPS reconciliation is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

SEGMENT INFORMATION

(In millions, except where noted)

(Unaudited)

PRELIMINARY

Life Sciences

	Q3’10			Q3’09			Q2’10
Orders	$	391		$	288		$	331
Revenues	$	374		$	293		$	334
Gross Margin, %	54		%	53		%	55		%
Income from Operations	$	56		$	39		$	48
Segment Assets	$	1,493		$	997		$	1,107
Return On Invested Capital (a) , %	15		%	15		%	18		%

Chemical Analysis

	Q3’10			Q3’09			Q2’10
Orders	$	350		$	205		$	231
Revenues	$	329		$	203		$	238
Gross Margin, %	53		%	54		%	54		%
Income from Operations	$	69		$	52		$	57
Segment Assets	$	1,592		$	452		$	527
Return On Invested Capital (a) , %	17		%	47		%	48		%

Electronic Measurement

	Q3’10			Q3’09			Q2’10
Orders	$	750		$	578		$	784
Revenues	$	692		$	561		$	699
Gross Margin, %	59		%	53		%	59		%
Income (loss) from Operations	$	127		$	(11	)	$	100
Segment Assets	$	2,191		$	2,088		$	2,284
Return On Invested Capital (a) , %	25		%	-2		%	20		%

Historical amounts are reclassified to conform with current period presentation

Income (loss) from operations reflect the results of our reportable segments under Agilent’s management reporting system which are not necessarily in conformity with GAAP financial measures. Income (loss) from operations of our reporting segments exclude, among other things, charges related to the amortization of intangibles, the impact of restructuring charges, the acquisition of Varian, Inc., and the sale of our businesses.

In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.

(a) Return On Invested Capital is a non-GAAP measure and is defined as income (loss) from operations less other (income) expense and taxes, annualized, divided by the average of the two most recent quarter-end balances of assets less net current liabilities. The reconciliation of ROIC can be found on page 7 of these tables, along with additional information regarding the use of this non-GAAP measure.

The preliminary segment information is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

RECONCILIATION OF ROIC

(In millions)

(Unaudited)

PRELIMINARY

	LSG			CAG			EMG			Agilent			LSG			CAG			EMG			Agilent			LSG			CAG			EMG
	Q3’10			Q3’10			Q3’10			Q3’10			Q3’09			Q3’09			Q3’09			Q3’09			Q2’10			Q2’10			Q2’10
Numerator:
Non-GAAP income (loss) from operations	$	56		$	69		$	127		$	251		$	39		$	52		$	(11	)	$	81		$	48		$	57		$	100
Less:
Taxes and Other (income)/expense	11			14			24			43			7			12			(3		)	15			8			12			13

Segment return	45			55			103			208		(a)	32			41			(8		)	66		(a)	40			45			87

Segment return annualized	$	181		$	220		$	412		$	832		$	128		$	162		$	(32	)	$	264		$	160		$	180		$	348

Denominator:
Segment assets (b)	$	1,493		$	1,592		$	2,191		$	5,276		$	997		$	452		$	2,088		$	3,539		$	1,107		$	527		$	2,284
Less:
Net current liabilities (c)	290			239			576			1,104			178			116			517			812			245			165			609
Invested capital	$	1,203		$	1,353		$	1,615		$	4,172		$	819		$	336		$	1,571		$	2,727		$	862		$	362		$	1,675

Average invested capital	$	1,244		$	1,306		$	1,645		$	4,195		$	846		$	345		$	1,612		$	2,806		$	902		$	372		$	1,702

ROIC	15		%	17		%	25		%	20		%	15		%	47		%	-2		%	9		%	18		%	48		%	20		%

Historical amounts are reclassified to conform with current period presentation

ROIC calculation:(annualized current quarter segment return)/(average of the two most recent quarter-end balances of Segment Invested Capital)

(a) Agilent return is equal to non-GAAP net income from operations of $191 million plus net interest expense after tax of $17 million for Q3’10, and $53 million plus net interest expense after tax of $13 million for Q3’09. Please see “Non-GAAP Net Income and Diluted EPS Reconciliations” for a reconciliation of non-GAAP net income from operations to GAAP income (loss) from operations.

(b) Segment assets consist of inventory, accounts receivable, property plant and equipment, gross goodwill and other intangibles, deferred taxes and allocated corporate assets.

(c) Includes accounts payable, employee compensation and benefits, deferred revenue, other accrued liabilities and allocated corporate liabilities.

Return on Invested Capital (ROIC) is a non-GAAP measure that management believes provides useful supplemental information for management and the investor. ROIC is a tool by which we track how much value we are creating for our shareholders. Management uses ROIC as a performance measure for our businesses, and our senior managers’ compensation is linked to ROIC improvements as well as other performance criteria. We believe that ROIC provides our management with a means to analyze and improve their business, measuring segment profitability in relation to net asset investments. We acknowledge that ROIC may not be calculated the same way by every company. We compensate for this limitation by monitoring and providing to the reader a full GAAP income statement and balance sheet.

The preliminary reconciliation of ROIC is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

ADJUSTED NET INCOME AND DILUTED EPS RECONCILIATIONS

(In millions, except per share amounts)

(Unaudited)

PRELIMINARY

	Three Months Ended
	October 31,
	2009			Diluted EPS			2008			Diluted EPS

Net income per GAAP	$	25		$	0.07		$	231		$	0.64
Non-GAAP adjustments:
Restructuring and other related costs	50			0.14			5			0.01
Asset impairments	10			0.03			—			—
Acceleration of share-based compensation related to workforce reduction	1			—			—			—
Business disposals	(31		)	(0.09		)	—			—
Excess software amortization	—			—			—			—
Intangible amortization	10			0.03			13			0.04
Pension curtailment	(3		)	(0.01		)	—			—
Net translation gain on liquidation of a subsidiary	—			—			—			—
Acceleration of debt issuance costs	—			—			—			—
In process R&D	—			—			—			—
Litigation settlement	13			0.04			—			—
Patent litigation judgement	—			—			—			—
Other	11			0.03			3			0.01
Adjustment for taxes	25			0.08			(29		)	(0.08		)
Adjusted net income	$	111		$	0.32		$	223		$	0.62

Historical amounts are reclassified to conform with current period presentation

The preliminary non-GAAP net income and diluted EPS reconciliation is estimated based on our current information.

AGILENT TECHNOLOGIES, INC.

REVENUE RECONCILIATION

(In millions)

(Unaudited)

PRELIMINARY

							Percent
	Q3’10			Q3’09			Inc/(Dec)

GAAP Revenue	$	1,384		$	1,057		31	%
Varian acquisition fair value adjustments	11			—
Non-GAAP Revenue	$	1,395		$	1,057
Less revenue from acquisition and divestitures included in segment results	(146		)	(52		)
Non-GAAP Revenue, adjusted	$	1,249		$	1,005		24	%

Revenue, excluding the impact of the Varian acquisition and recent divestitures, is a non-GAAP measure and are defined to exclude the fair value adjustment to acquisition related deferred revenue balances for the Varian acquisition and exclude the impacts of the Varian acquisition and the divestitures of our Network Systems and Hycor businesses.

Management believes that this measure provides useful information to investors by reflecting an additional way of viewing aspects of Agilent’s operations that, when reconciled to the corresponding GAAP measures, help our investors to better identify underlying growth trends in our business and facilitate easier comparisons of our revenue performance with prior and future periods and to our peers. We excluded the effect of the Varian acquisition and recent divestitures because the nature, size and number of these can vary dramatically from period to period and between us and our peers, which we believe may obscure underlying business trends and make comparisons of long-term performance difficult.

AGILENT TECHNOLOGIES, INC.

NET CASH

(In millions)

(Unaudited)

PRELIMINARY

	Q3’10			Q3’09

Cash and cash equivalents	$	2,317		$	1,479
Restricted cash and cash equivalents	1,551			1,568
Investments - debt securities	—			49
Short-term debt	(1,501		)	—
Long-term debt	—			(1,515		)
Senior notes, par value	(2,100		)	(600		)
Total Net Cash	$	267		$	981

The preliminary reconciliation of net cash is estimated based on our current information.

Management believes this metric provides useful information to investors about the Company’s overall liquidity and financial position. Net Cash is a measure at a point in time and does not reflect the Company’s future financial prospects or liquidity.