METTLER-TOLEDO INTERNATIONAL INC. REPORTS THIRD QUARTER 2016 RESULTS - - Very Strong Sales Growth - - - - Continued Margin Expansion and Excellent EPS Growth - - COLUMBUS, Ohio, USA

METTLER-TOLEDO INTERNATIONAL INC. REPORTS

THIRD QUARTER 2016 RESULTS

- - Very Strong Sales Growth - -

- - Continued Margin Expansion and Excellent EPS Growth - -

COLUMBUS, Ohio, USA - November 3, 2016 - Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2016. Provided below are the highlights:

Third Quarter Results

Olivier Filliol, President and Chief Executive Officer, stated, "Sales growth in the quarter was very strong with broad-based growth in all regions and most product lines. Demand in the Americas and Europe was very good. Asia / Rest of the World did particularly well with good growth in China and strong results in most other countries in the region. We further improved gross and operating margins which contributed to an excellent growth in EPS. Finally, cash flow in the quarter was robust."

EPS in the quarter was $3.77, compared with the prior-year amount of $3.16. Adjusted EPS was $3.89, an increase of 19% over the prior-year amount of $3.26.

Sales were $650.6 million, a 9% increase in local currency sales, compared with $604.2 million in the prior-year quarter. Reported sales increased 8% as currency reduced sales growth by 1% in the quarter. As compared to the prior year, local currency sales increased 7% in the Americas, 8% in Europe and 11% in Asia / Rest of World. Adjusted operating income amounted to $151.7 million, a 13% increase from the prior-year amount of $134.3 million. Adjusted operating income is a non-GAAP measure, and a reconciliation to earnings before taxes is provided in the attached schedules.

Cash flow from operations was $138.9 million, compared with $126.0 million in the prior-year quarter.

EPS for the nine months was $9.08, compared with the prior-year amount of $8.07. Adjusted EPS was

$9.56, an increase of 15% over the prior-year amount of $8.31.

Sales were $1.799 billion, a 6% increase in local currency sales, compared with $1.722 billion in the

prior-year period. Reported sales increased 4%, as currency reduced sales growth by 2% in the period.

By region, local currency sales increased 7% in the Americas, 4% in Europe and 8% in Asia / Rest of World as compared to the prior-year period. Adjusted operating income amounted to $382.8 million, a 9% increase from the prior-year period amount of $349.9 million. Adjusted operating income is a non-GAAP measure, and a reconciliation to earnings before taxes is provided in the attached schedules.

Cash flow from operations was $290.1 million, compared with $289.8 million in the prior-year period.

Senior Management Changes

The Company announced that Shawn Vadala, Chief Financial Officer, will join the Group Management Committee (GMC). The Company also announced that Oliver Wittorf, Head of Supply Chain, will also assume responsibility for IT and the Company's Blue Ocean initiative and will join the GMC. Mr. Vadala and Mr. Wittorf will continue to report to Bill Donnelly, Executive Vice President. These management changes will take place on January 1, 2017, and have been undertaken to ensure a smooth transition as Mr. Donnelly will gradually reduce his time commitment and plans to retire at the end of 2018.

Filliol commented on the management changes, "Both Shawn and Oliver are strong leaders with extensive experience and proven track records over many years at METTLER TOLEDO. I am confident they will be strong contributors to the GMC and will further the development of the Finance, Supply Chain, IT and Blue Ocean functions. I am very pleased that we have orchestrated a very smooth and well-planned succession for Bill Donnelly and that we can continue to leverage Bill's unique contribution to the Company for another two years."

The Company updated its outlook for 2016 and noted that forecasting remains challenging.

Based on today's assessment, management anticipates that local currency sales growth in the fourth quarter 2016 will be approximately 5%, and Adjusted EPS is forecasted to be in the range of $5.08 to $5.13, an increase of 9% to 10%.

For the full year 2016, local currency sales growth is expected to be approximately 6% and Adjusted EPS in the range of $14.61 to $14.66, an increase of approximately 13%. This compares to previous guidance of local currency sales growth of approximately 5% and Adjusted EPS in the range of $14.40 to $14.50.

The Company said that, based on its assessment of market conditions today, management anticipates local currency sales growth in 2017 will be approximately 5%. This sales growth is expected to result in Adjusted EPS in the range of $16.05 to $16.25. Using the midpoint of the 2016 Adjusted EPS, this reflects a growth of 10% to 11%.

Adjusted EPS excludes purchased intangible amortization, discrete tax items, restructuring charges and other one-time items. While the Company has provided an outlook for Adjusted EPS, it has not provided an outlook for EPS as it would require an estimate of non-recurring items, which are not yet known.

Filliol concluded, "Demand in most of our markets is solid. We continue to execute very well and are benefiting from our robust product pipeline, Spinnaker sales and marketing initiatives, Field Turbo investments and our productivity and margin enhancement measures. Assuming market conditions remain stable, we believe we are well-positioned to continue to gain share and generate good sales and earnings growth in 2017 and beyond."

The Company will host a conference call to discuss its quarterly results today (Thursday, November 3) at 5:00 p.m. Eastern Time. To hear a live webcast or replay of the call, visit the investor relations page on the Company's website at www.mt.com/investors. The presentation referenced in the conference call will be located on the website prior to the call.

METTLER TOLEDO is a leading global supplier of precision instruments and services. The Company has strong leadership positions in all businesses and believes it holds global number-one market positions in a majority of them. Specifically, METTLER TOLEDO is the largest provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Company is also a leading provider in analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, METTLER TOLEDO is the largest supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. Additional information about METTLER TOLEDO can be found at www.mt.com/investors.

Statements in this press release which are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our businesses' actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or "continue" or the negative of those terms or other comparable terminology. For a discussion of these risks and uncertainties, please see the discussion on forward-looking statements in our current report on Form 8-K to which this release has been furnished as an exhibit. All of the forward-looking statements are qualified in their entirety by reference to the factors discussed under the captions "Factors affecting our future operating results" and in the "Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our annual report on Form 10-K for the most recently completed fiscal year, which describe risks and factors that could cause results to differ materially from those projected in those forward-looking statements.