DENTSPLY International Inc.

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DENTSPLY International Reports First Quarter 2013 Results



  * Net  sales were a record for the  first quarter and increased 2.2% and 1.1%
    excluding precious metals
  * Earnings per diluted share of $0.49 on a GAAP reported basis and $0.52 on an
    adjusted basis

York,  PA  -  May  9, 2013 -  DENTSPLY  International  Inc. (NASDAQ: XRAY) today
announced sales and earnings for the three months ended March 31, 2013.

Net  sales in  the first  quarter of  2013 increased 2.2% to $732.1 million from
$716.4  million in  the first  quarter of  2012.  Net sales,  excluding precious
metals  content, in the first quarter  of 2013 of $672.6 million increased 1.1%
from  $665.6 million in the first  quarter of 2012.  Constant currency net sales
growth, excluding precious metals content, in the first quarter was 1.7%, driven
by  modest internal growth in all regions against a relatively strong prior year
comparison.

Net income attributable to DENTSPLY International for the first quarter of 2013
was  $71.7 million, or  $0.49 per diluted  share, compared to  $53.3 million, or
$0.37  per diluted share  in the first  quarter of 2012.  On  an adjusted basis,
excluding  certain items,  earnings were  $0.52 per  diluted share  for both the
first  quarter of 2013 and 2012, respectively.  A reconciliation of the non-GAAP
measure  to earnings  per share  calculated on  a GAAP  basis is provided in the
attached table.

Bret  Wise,  Chairman  and  Chief  Executive  Officer, stated "DENTSPLY reported
record  revenue  and  flat  adjusted  earnings  per  share for the first quarter
reflecting  the slow growth of the global dental market at present and important
investments made by the Company during the quarter.  Looking forward, we believe
that  we have opportunities to  accelerate growth in both  sales and earnings as
the year progresses.  Given the current market environment and currency exchange
rates,  we are  revising our  expectations for  adjusted earnings  per share for
2013 to a range of $2.33 to $2.43."

Additional Information

A  conference  call  is  scheduled  to  begin today at 8:30 a.m. (Eastern Time).
 Supplemental  materials for  reference during  the call  will be  available for
download   in  the  investor  relations  section  of  DENTSPLY's  web  site,  at
www.dentsply.com.


A  live  webcast  will  be  accessible  via  a  link  on  DENTSPLY's web site at
www.dentsply.com.   In order to participate in the call, dial (888) 500-6973 for
domestic  calls, or (719) 457-2662 for international calls.  The Conference ID #
is  3903926.  At that  time, you  will be  able to  discuss first  quarter 2013
results  with DENTSPLY's  Chairman and  Chief Executive  Officer, Mr. Bret Wise,
President  and  Chief  Financial  Officer,  Mr.  Chris Clark, and Executive Vice
President and Chief Operating Officer, Mr. Jim Mosch.

A  rebroadcast of the conference  call will be available  online at the DENTSPLY
web  site.  You may also access a dial-in replay for one week following the call
at  (888)  203-1112 (for  domestic  calls)  or (719) 457-0820 (for international
calls), Replay Passcode # 3903926.

DENTSPLY  International Inc. is a leading manufacturer and distributor of dental
and  other consumable medical  device products.  The  Company believes it is the
world's  largest manufacturer of consumable dental products for the professional
dental  market.   For  over  110 years,  DENTSPLY's commitment to innovation and
professional collaboration has enhanced its portfolio of branded consumables and
small  equipment.  Headquartered  in the  United States,  the Company has global
operations  with sales in  more than 120 countries.   Visit www.dentsply.com for
more information about DENTSPLY and its products.

This  press release contains forward-looking  information (within the meaning of
the Private Securities Litigation Reform Act of 1995) regarding future events or
the  future financial performance of the  Company that involve substantial risks
and uncertainties.  Actual events or results may differ materially from those in
the  projections  or  other  forward-looking  information  set forth herein as a
result of certain risk factors.  These risk factors include, without limitation;
the  continued strength of  dental and medical  markets, the timing, success and
market  reception for our new and existing products, uncertainty with respect to
governmental  actions with  respect to  dental and  medical products, outcome of
litigation  and/or governmental  enforcement actions,  continued support  of our
products  by  influential  dental  and  medical  professionals,  our  ability to
successfully  integrate  acquisitions,  risks  associated  with foreign currency
exchange  rates,  and  changes  in  the  general economic environment that could
affect  the  business.   Changes  in  such  assumptions or factors could produce
significantly different results.

For  an additional  description of  risk factors,  please refer to the Company's
most  recent Form 10-K and  its subsequent periodic reports  on Forms 10-Q filed
with the Securities and Exchange Commission.

Non-GAAP Financial Measures

In  addition to  the results  reported in  accordance with  US GAAP, the Company
provides adjusted net income attributable to DENTSPLY International and adjusted
earnings  per diluted common  share.  These adjusted  amounts consist of US GAAP
amounts  excluding, net of tax (1)  acquisition related costs, (2) restructuring
and  other  costs,  including  legal  settlements, (3) amortization of purchased
intangible assets, (4) Orthodontic business continuity costs, (5) income related
to credit risk and fair value adjustments, (6) certain fair value adjustments at
an  unconsolidated affiliated company,  and (7) income  tax related adjustments.
 Adjusted  earnings per diluted common share  is calculated by dividing adjusted
net  income attributable  to DENTSPLY  International by diluted weighted-average
common  shares  outstanding.   Adjusted  net  income  attributable  to  DENTSPLY
International  and  adjusted  earnings  per  diluted common share are considered
measures  not calculated  in accordance  with US  GAAP, and therefore are non-US
GAAP  measures.  These  non-US GAAP  measures may  differ from  other companies.
 Income  tax related  adjustments may  include the  impact to adjust the interim
effective income tax rate to the expected annual effective tax rate.

The  Company believes that the presentation  of adjusted net income attributable
to  DENTSPLY  International  and  adjusted  earnings  per  diluted  common share
provides  important supplemental information to management and investors seeking
to  understand the Company's financial condition and results of operations.  The
non-US GAAP financial information should not be considered in isolation from, or
as  a substitute for,  measures of financial  performance prepared in accordance
with US GAAP.

                          DENTSPLY INTERNATIONAL INC.

                     CONSOLIDATED STATEMENTS OF OPERATIONS

                    (In thousands, except per share amounts)





                                                         Three Months Ended

                                                              March 31,
                                                     --------------------------


                                                         2013          2012
                                                     ------------- ------------


 Net sales                                            $ 732,084     $ 716,413

 Net sales, excluding precious metal content            672,649       665,625



 Cost of products sold                                  343,884       323,663
                                                     ------------- ------------


 Gross profit                                           388,200       392,750

 % of Net sales                                            53.0 %        54.8 %

 % of Net sales, excluding precious metal content          57.7 %        59.0 %



 Selling, general and administrative expenses           293,677       304,353



 Restructuring and other costs                              665         1,237
                                                     ------------- ------------


 Operating income                                        93,858        87,160

 % of Net sales                                            12.8 %        12.2 %

 % of Net sales, excluding precious metal content          14.0 %        13.1 %



 Net interest and other expense                          15,964        13,969
                                                     ------------- ------------


 Income before income taxes                              77,894        73,191



 Provision for income taxes                               3,542        14,715



 Equity in net loss of

 unconsolidated affiliated company                       (1,779 )      (4,248 )
                                                     ------------- ------------


 Net income                                              72,573        54,228

 % of Net sales                                             9.9 %         7.6 %

 % of Net sales, excluding precious metal content          10.8 %         8.1 %



 Less: Net income attributable to noncontrolling
 interests                                                  888           944


                                                     ------------- ------------
 Net income attributable to DENTSPLY International    $  71,685     $  53,284
                                                     ------------- ------------


 % of Net sales                                             9.8 %         7.4 %

 % of Net sales, excluding precious metal content          10.7 %         8.0 %



 Earnings per common share:

 Basic                                                $    0.50     $    0.38

 Dilutive                                             $    0.49     $    0.37



 Cash dividends declared per common share             $  0.0625     $  0.0550



 Weighted average common shares outstanding:

 Basic                                                  142,775       141,721

 Dilutive                                               145,099       143,984


                       DENTSPLY INTERNATIONAL INC.

                  CONDENSED CONSOLIDATED BALANCE SHEETS

                             (In thousands)





                                             March 31,     December 31,

                                               2013            2012
                                          --------------- --------------
 Assets



 Current Assets:



 Cash and cash equivalents                 $    56,203     $    80,132

 Accounts and notes receivable-trade, net      468,537         442,412

 Inventories, net                              417,094         402,940

 Prepaid expenses and other current assets     218,685         185,612
                                          --------------- --------------
 Total Current Assets                        1,160,519       1,111,096



 Property, plant and equipment, net            608,850         614,705

 Identifiable intangible assets, net           805,646         830,642

 Goodwill, net                               2,167,241       2,210,953

 Other noncurrent assets, net                  159,872         204,901
                                          --------------- --------------


 Total Assets                              $ 4,902,128     $ 4,972,297
                                          --------------- --------------




 Liabilities and Equity



 Current liabilities                       $   826,165     $   927,780

 Long-term debt                              1,207,722       1,222,035

 Deferred income taxes                         226,100         232,641

 Other noncurrent liabilities                  372,747         340,398
                                          --------------- --------------
 Total Liabilities                           2,632,734       2,722,854



 Total DENTSPLY International Equity         2,233,502       2,208,698

 Noncontrolling interests                       35,892          40,745
                                          --------------- --------------
 Total Equity                                2,269,394       2,249,443
                                          --------------- --------------


 Total Liabilities and Equity              $ 4,902,128     $ 4,972,297
                                          --------------- --------------



                          DENTSPLY INTERNATIONAL INC.

                                 (In thousands)



 Supplemental Summary Cash Flow Information:



 Three Months Ended March 31, 2013



                                                      Three Months Ended March
                                                                 31,

                                                         2013          2012
                                                     ------------- ------------


 Net Cash Provided by Operating Activities            $  36,086     $  19,953
                                                     ------------- ------------
 Net Cash Used in Investing Activities                $ (72,723 )   $ (20,199 )
                                                     ------------- ------------
 Net Cash Provided by (Used in) in Financing
 Activities                                           $  13,603     $ (12,380 )
                                                     ------------- ------------


 Depreciation                                         $  20,416     $  20,209
                                                     ------------- ------------
 Amortization                                         $  11,934     $  15,360
                                                     ------------- ------------
 Capital Expenditures                                 $  24,032     $  18,642
                                                     ------------- ------------
 Cash Dividends Paid                                  $   7,909     $   7,847
                                                     ------------- ------------


                       DENTSPLY INTERNATIONAL INC.

                              (In thousands)



 Operating Income Summary:



 The following tables present the reconciliation of reported GAAP
 operating income in total and on a percentage of net sales, excluding
 precious metal content, to the non-GAAP financial measures.



 Three Months Ended March
 31, 2013

                                                      Percentage of Net Sales,
                                Operating Income      Excluding Precious Metal
                                     (Loss)                   Content
                              --------------------- ---------------------------


 Operating Income              $  93,858                             14.0 %



 Amortization of Purchased
 Intangible Assets                11,934                              1.8 %



 Acquisition-Related
 Activities                        2,137                              0.4 %



 Restructuring and Other
 Costs, including Legal
 Settlements                         772                                -


                              --------------------- ---------------------------
 Adjusted Non-GAAP Operating
 Income                        $ 108,701                             16.2 %
                              --------------------- ---------------------------




 Three Months Ended March
 31, 2012

                                                      Percentage of Net Sales,
                                Operating Income      Excluding Precious Metal
                                     (Loss)                   Content
                              --------------------- ---------------------------


 Operating Income              $  87,160                             13.1 %



 Amortization of Purchased
 Intangible Assets                15,360                              2.3 %



 Acquisition-Related
 Activities                        7,535                              1.1 %



 Restructuring and Other Costs     1,729                              0.3 %



 Orthodontic Business
 Continuity Costs                    616                              0.1 %


                              --------------------- ---------------------------
 Adjusted Non-GAAP Operating
 Income                        $ 112,400                             16.9 %
                              --------------------- ---------------------------



                          DENTSPLY INTERNATIONAL INC.

                    (In thousands, except per share amounts)



 Earnings Summary:



 The following tables present the reconciliation of reported GAAP net income
 attributable to DENTSPLY International and on a per share basis to the non-
 GAAP financial measures.



 Three Months Ended March 31, 2013

                                        Net                  Diluted

                                       Income               Per Share
                                    ------------ ------------------------------


 Net Income Attributable to DENTSPLY
 International                       $ 71,685     $ 0.49



 Amortization of Purchased
 Intangible Assets, Net of Tax          8,376       0.06



 Credit Risk and Fair Value
 Adjustments to Outstanding
 Derivatives, Net of Tax                2,734       0.02



 Loss on Fair Value Adjustments at
 an Unconsolidated Affiliated
 Company, Net of Tax                    1,928       0.01



 Acquisition Related Activities, Net
 of Tax                                 1,353       0.01



 Restructuring and Other Costs,
 including Legal Settlements, Net of
 Tax                                      539          -



 Income Tax-Related Adjustments       (11,388 )    (0.08 )



 Rounding                                   -       0.01


                                    ------------ ------------------------------
 Adjusted Non-GAAP Net Income
 Attributable to DENTSPLY
 International                       $ 75,227     $ 0.52
                                    ------------ ------------------------------




 Three Months Ended March 31, 2012

                                        Net                  Diluted

                                       Income               Per Share
                                    ------------ ------------------------------


 Net Income Attributable to DENTSPLY
 International                       $ 53,284     $ 0.37



 Amortization of Purchased
 Intangible Assets, Net of Tax         10,982       0.08



 Acquisition Related Activities, Net
 of Tax                                 4,797       0.03



 Loss on Fair Value Adjustments at
 an Unconsolidated Affiliated
 Company, Net of Tax                    4,655       0.03



 Restructuring and Other Costs, Net
 of Tax                                 1,164       0.01



 Orthodontics Business Continuity
 Costs, Net of Tax                        408          -



 Income Tax-Related Adjustments           (35 )        -


                                    ------------ ------------------------------
 Adjusted Non-GAAP Net Income
 Attributable to DENTSPLY
 International                       $ 75,255     $ 0.52
                                    ------------ ------------------------------




                       DENTSPLY INTERNATIONAL INC.

                              (In thousands)



 Operating Tax Rate
 Summary:



 The following tables present the reconciliation of reported GAAP
 effective tax rate as a percentage of income before income taxes to the
 non-GAAP financial measure.



 Three Months Ended
 March 31, 2013

                          Pre-tax      Income Tax Benefit    Percentage of Pre-
                           Income          (Expense)             Tax Income
                        ------------ ---------------------- -------------------


 As Reported - GAAP
 Operating Results       $ 77,894     $  (3,542 )                     4.5 %



 Amortization of
 Purchased Intangible
 Assets                    11,934        (3,558 )



 Credit Risk and Fair
 Value Adjustments to
 Outstanding
 Derivatives, Net of Tax    4,452        (1,718 )



 Acquisition-Related
 Activities                 2,137          (784 )



 Restructuring and Other
 Costs, including Legal
 Settlements                  772          (233 )



 Loss on Fair Value
 Adjustments at an
 Unconsolidated
 Affiliated Company            33           (10 )



 Income Tax-Related
 Adjustments                    -       (11,388 )


                        ------------ ---------------------- -------------------
 As Adjusted - Non-GAAP
 Operating Results       $ 97,222     $ (21,233 )                    21.8 %
                        ------------ ----------------------




 Three Months Ended
 March 31, 2012

                          Pre-tax      Income Tax Benefit    Percentage of Pre-
                           Income          (Expense)             Tax Income
                        ------------ ---------------------- -------------------


 As Reported - GAAP
 Operating Results       $ 73,191     $ (14,715 )                    20.1 %



 Amortization of
 Purchased Intangible
 Assets                    15,360        (4,378 )



 Acquisition-Related
 Activities                 7,535        (2,738 )



 Restructuring and Other
 Costs                      1,729          (565 )



 Orthodontics Business
 Continuity Costs, Net
 of Tax                       616          (208 )



 Loss on Fair Value
 Adjustments at an
 Unconsolidated
 Affiliated Company           273           (83 )



 Income Tax-Related
 Adjustments                    -           (35 )


                        ------------ ---------------------- -------------------
 As Adjusted - Non-GAAP
 Operating Results       $ 98,704     $ (22,722 )                    23.0 %
                        ------------ ----------------------



For further information contact:

Derek Leckow
Vice President
Investor Relations
(717) 849-7863




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: DENTSPLY International Inc. via Thomson Reuters ONE
[HUG#1700599]



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