8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 13, 2006

Teleflex Incorporated
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	1-5353	23-1147939
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
155 South Limerick Road, Limerick, Pennsylvania		19468
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 610-948-5100

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On March 13, 2006, Teleflex Incorporated (the "Company") issued a press release stating, among other things, that the Company anticipates reporting an additional tax benefit associated with the divestiture of certain discontinued operations that will increase income from discontinued operations for the fourth quarter ended December 25, 2005 by approximately $2 million. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished pursuant to Item 2.02 of this Current Report, including Exhibit 99.1 hereto, shall not be considered "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of such section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filin g that such information is to be considered "filed" or incorporated by reference therein.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

99.1 Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Teleflex Incorporated
March 17, 2006	By:	Martin S. Headley
		Name: Martin S. Headley
		Title: Executive Vice President and Chief Financial Officer

Exhibit Index

Exhibit No.	Description
99.1	Press Release

EX-99.1

Exhibit 99.1

Teleflex ®	NEWS
155 South Limerick Road, Limerick, PA 19468 USA — Phone: 610-948-5100 — Fax: 610-948-0811

Contact: Julie McDowell
Vice President, Corporate Communications
610-948-2836

FOR IMMEDIATE RELEASE March 13, 2006

Teleflex Extends Filing of Annual Report on Form 10-K; Expects Tax Benefit to Discontinued
Operations

No change expected in reported results from continuing operations

Limerick, PA — Teleflex Incorporated (NYSE: TFX) today announced that the company has filed a notification with the Securities and Exchange Commission that the company is extending the time for filing of its Annual Report on Form 10-K for the fiscal year ended December 25, 2005. As indicated in the company’s Form 12b-25, in connection with the preparation of its financial statements the company has undertaken an extensive analysis of tax accounts. This analysis is largely complete but certain issues related to the tax accounting for the divestiture of a business reported in discontinued operations are being finalized as is the required assessment of internal controls over financial reporting relative to income taxes and the company’s auditors are reviewing this finalized analysis. The company expects no change to its previously reported fourth quarter and year end income and diluted earnings per share from continuing operations. Teleflex expects to file the Annual Report on Form 10-K on or before March 20, 2006.

Teleflex anticipates reporting an additional tax benefit associated with the divestiture of certain discontinued operations that will increase fourth quarter 2005 income from discontinued operations by approximately $2 million.

The tax benefit will have no impact on the company’s reported income and diluted earnings per share from continuing operations and cash flow from continuing operations.

Teleflex at a Glance:
Teleflex is a diversified industrial company with 2005 annual revenues of $2.5 billion. The company designs, manufactures and distributes quality engineered products and services for the commercial, medical, and aerospace markets worldwide. Teleflex employs more than 20,000 people worldwide who focus on providing innovative solutions for customers. Additional information about Teleflex can be obtained from the company’s website on the Internet at www.teleflex.com.

(MORE)

Caution Concerning Forward-looking information:
This press release contains forward-looking statements, including, but not limited to, statements relating to expected income and diluted earnings per share from discontinued operations, expected income and diluted earnings per share from continuing operations excluding special charges and gain on sale of assets, cash flow from operations, and expected tax benefits. Actual results could differ materially from those in these forward-looking statements due to, among other things, length of time required to comply with legal requirements and analysis of tax accounts, unanticipated difficulties, and other factors described in Teleflex’s filings with the Securities and Exchange Commission.

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