SLAB Spacelabs Regs

RNS Number:4908X
Spacelabs Healthcare Inc.
31 May 2007

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

   Spacelabs Healthcare, Inc.

2. Reason for notification (please place an X inside the appropriate bracket/s):

   An acquisition or disposal of voting rights: (X)

   An acquisition or disposal of financial instruments which may result in the
   acquisition of shares already issued to which voting rights are attached: ( )

   An event changing the breakdown of voting rights: ( )

   Other (please specify): ( )
   First notification under DTR Sourcebook: ( )

3. Full name of person(s) subject to notification obligation:

   OSI Systems, Inc.

4. Full name of shareholder(s) (if different from 3) :

   OSI Systems, Inc. (direct)
   OSI Optoelectronics (indirect)

5. Date of transaction (and date on which the threshold is crossed or reached if
different):

30 May 2007

6. Date on which issuer notified:

30 May 2007

7. Threshold(s) that is/are crossed or reached:

Ownership (direct and indirect) of 83% of voting rights

8. Notified Details:


A: Voting rights attached to shares

Class/type of shares              Situation previous to  
if possible use                 the Triggering transaction                
ISIN CODE                       
                       Number of shares       Number of voting Rights

Common                 55,091,934             55,091,934
Resulting situation after the triggering transaction 
 
Class/type of shares   Number of shares  Number of voting rights    % of voting  
if possible use                                                     rights 
ISIN CODE              Direct            Direct     Indirect    Direct  Indirect

Common                 53,601,864        53,601,864 3,350,070   78.8%   4.9%

B: Financial Instruments
Resulting situation after the triggering transaction

Type of     Expiration date  Exercise/conversion  No. of voting     % of voting     
financial                    period/date          rights that may   rights          
instrument                                        be acquired (if                       
                                                  the instrument                         
                                                  exercised/converted)  



Total (A+B)

Number of voting rights   % of voting rights


56,951,934                83.7%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
   See Section 4 above

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
Figures are based on a total of 68,060,516 voting rights

14. Contact name: Jeremy Norton

15. Contact telephone number: +1-310-349-2372

16. Contact at:
OSI Systems, Inc.
Attention: Jeremy Norton
12525 Chadron Ave.
Hawthorne, CA  90250
USA


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

END
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