RNS Number:0962T
Tyco International Ld
10 December 2003



               TYCO HOLDS ANALYST MEETING FOR ELECTRONICS SEGMENT

        Company Reaffirms First Quarter and Fiscal 2004 EPS Guidance


PEMBROKE, Bermuda, December 10, 2003 -- Tyco International Ltd. (NYSE: TYC, BSX:
TYC, LSE: TYI) today will hold a meeting with financial analysts from 8:00 a.m.
to noon in New York City to discuss the performance and outlook for its Tyco
Electronics business segment.


Juergen Gromer, President of Tyco Electronics, will lead a comprehensive set of
presentations by the segment's senior executives.  With FY 2003 revenues of
$10.4 billion, Tyco Electronics is the world's leading producer of passive
electronic components.  Tyco believes this business segment is well-positioned
to achieve sustained growth and improved profitability over the long-term by
expanding its technology leadership, building market share in high-growth
markets, executing on significant Operational Excellence opportunities to
improve productivity, and leveraging an improving economy.


Tyco is also reaffirming its guidance for the first quarter and full fiscal
2004. For the first quarter of fiscal 2004, the Company expects to achieve
earnings per share of $0.30-$0.32, and in fiscal 2004 Tyco expects to achieve
earnings per share of $1.42 to $1.52. This outlook excludes any impact from
previously announced restructuring and divestiture programs.


EPS excluding charges is a non-GAAP measure and it should not be considered a
replacement for GAAP results. The Company has forecast its results excluding
restructuring and divestiture charges to give investors additional perspective
on the underlying business results. Because the Company cannot predict when the
divestitures will occur and the associated charges or gains will be taken, it is
difficult to accurately include the impact of those items in the forecast.


A web cast of the investor meeting, along with the supporting presentation
materials, is available on the Company's website at http://investors.tyco.com/
medialist.cfm.  A replay of the web cast and the supporting presentation
materials will be available until January 10, 2004 at the same website.


ABOUT TYCO INTERNATIONAL LTD.

Tyco International Ltd. is a diversified manufacturing and service company. Tyco
is the world's largest manufacturer and servicer of electrical and electronic
components; the world's largest designer, manufacturer, installer and servicer
of undersea telecommunications systems; the world's largest manufacturer,
installer and provider of fire protection systems and electronic security
services; and the world's largest manufacturer of specialty valves. Tyco also
holds strong leadership positions in disposable medical products, plastics and
adhesives. Tyco operates in more than 100 countries and had fiscal 2003 revenues
from continuing operations of approximately $37 billion.


FORWARD LOOKING STATEMENTS


This release and/or the conference call referred to in this release may contain
certain "forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995. These statements are based on
management's current expectations and are subject to risks, uncertainty and
changes in circumstances, which may cause actual results, performance or
achievements to differ materially from anticipated results, performance or
achievements. All statements contained herein or on the conference call that are
not clearly historical in nature are forward looking and the words "anticipate,"
"believe," "expect," "estimate," "plan," and similar expressions are generally
intended to identify forward-looking statements. The forward-looking statements
in this release and/or conference call include statements addressing the
following subjects: future financial condition and operating results. Economic,
business, competitive and/or regulatory factors affecting Tyco's businesses are
examples of factors, among others, that could cause actual results to differ
materially from those described in the forward-looking statements.


More detailed information about these and other factors is set forth in Tyco's
Annual Report on Form 10-K, as amended, for the fiscal year ended September 30,
2002 and in Tyco's Quarterly Report on Form 10-Q, for the quarter ended June 30,
2003. Tyco is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements whether as a
result of new information, future events or otherwise.


CONTACTS:


Media:                          Gary Holmes, 609-720-4387


Investor Relations:             Ed Arditte, 609-720-4621

                                John Roselli, 609-720-4624


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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