Contacts:
William P. Donnelly, Chief Financial Officer
Phone: ++41 1 944 2262
Fax: ++41 1 944 2470

Greifensee, Switzerland, May 16, 1997

Mettler-Toledo Holding Inc. announced its first quarter results for the period ended March 31, 1997.

The Company reported sales of $197.4 million as compared to $201.4 million in the first quarter of 1996. The 1997 amount represented a 4% growth in local currency sales offset by the effects of a stronger United States dollar. The Company's gross profit percentage increased from 39.9% to 42.2% and its operating margin improved from $6.5 million, or 3.2% of sales, to $12.3 million, or 6.2% of sales, an increase of nearly 90%. Similarly, EBITDA of $18.2 million, or 9.2% of sales, represented a 39% improvement over the 1996 period. The Company reported debt of $420.1 million at March 31, 1997, a reduction of $34.1 million from the year end 1996 amount.

In commenting on first quarter results, Robert Spoerry, Chief Executive Officer of the Company stated; "We are pleased with the solid results for the quarter. The investments we have made in product development continue to deliver excellent returns through increased market share and improved operating margins. Our financial performance is especially satisfying because it comes so soon after our establishment as an independent company. We believe our customers and employees will benefit from this new status and the focus it implies."

Mr. Spoerry continued; "We were proud to announce this quarter the completion of the mid-range offering for our retail scale systems. We believe this system is the most technologically advanced network solution for perishable goods management on the market today. Its introduction has been well received by our customers and we believe it should allow us to continue our penetration of this growing market."
"Finally, I want to compliment our Spartanburg, South Carolina unit for its recent award of an exclusive contract to supply Pitney Bowes with mail scales. Pitney Bowes selected Mettler-Toledo as its partner after evaluation against all major competitors. I applaud our employees for their hard work and thank Pitney Bowes for their faith in our products and our people" said Mr. Spoerry in closing.

METTLER TOLEDO is the world's largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications and a leading provider of related laboratory analytical instruments. The company focuses on the high value-added segments of the weighing instruments market by providing solutions for specific applications. METTLER TOLEDO, which became an independent company through an employee buy-out sponsored by AEA Investors Inc., New York (NY) in October 1996, services a worldwide customer base in over one hundred countries primarily through wholly-owned subsidiaries, and includes manufacturing sites in the United States, Asia and Europe. The Company has revenues approaching $900 million and more than 6'000 employees worldwide. Its Senior Subordinated Notes are traded "over the counter" in the United States.

The accompanying financial information should be read in conjunction with the Company's recently filed form 10-Q for the quarter ended March 31, 1997. Statements in this discussion which are not historical facts may be considered forward looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. The words "believe," "expect", "anticipate" and similar expressions identify forward looking statements. Any forward looking statements involve risks and uncertainties that could cause actual events or results to differ, perhaps materially, from the events or results described in the forward looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Risks associated with the Company's forward looking statements include, but are not limited to, risks associated with the Company's international operations, such as currency fluctuations, the risk of new and different legal and regulatory requirements, governmental approvals, tariffs and trade barriers; risks associated with competition and technological innovation by competitors; general economic conditions and conditions in industries that use the Company's products, especially the pharmaceutical and chemical industries, and risks associated with the Company's growth strategy, including investments in emerging markets. For a more detailed discussion of these factors, see the Mettler-Toledo Holding Inc. annual report on Form 10-K for the year ended December 31, 1996.

	METTLER-TOLEDO HOLDING INC.
	INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS
	Three months ended March 31, 1997 and 1996
	(in thousands)
	
		                     Successor 	      Predecessor
		                     March 31, 1997   March 31, 1996
		                     (unaudited)      (unaudited)
	  
	Net sales	                   $197,402   $201,373
	Cost of sales	                    114,120    120,979
	
		Gross profit	             83,282	80,394
		%	                      42.2%	 39.9%
	
	Research and development	     10,832	12,452
	Selling, general and administrative  60,193	61,479
	
		Operating margin	     12,257	 6,463
		%	                       6.2%	  3.2%
	
	Amortization	                      1,157	   671
	Other charges, net	                 11	     -
	Interest expense	              9,446	 4,537
	Financial expense (income), net	      3,743	  (396)
	
		Earnings (loss) before taxes and
		     minority interest	     (2,100)	 1,651
	
	Provision for taxes	             (1,087)	   648
	Minority interest	                109	    74
	
		Net earnings (loss)	    $(1,122)	  $929
			                   =========	======
	
	EBITDA	                            $18,167    $13,023
			                   ========    =======
	%		                       9.2%	  6.5%
	
	NOTE:	EBITDA and margin percentages are before non-recurring 
	costs associated with the Company's acquisition and related 
	restructuring, EBITDA is also calculated before financial income 
	and minority equity.