Holding(s) in Company

RNS Number:9342D
Spacelabs Healthcare Inc.
17 September 2007

Spacelabs Healthcare Inc.

17 September 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. (LSE: SLAB)

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, Inc. (indirect)

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

   14 September 2007

6. Date on which issuer notified:

   14 September 2007

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

   Ownership (direct and indirect) of 84% 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           57,185,830               57,185,830

Resulting situation after the triggering transaction

Class/type of shares Number of    Number of       % of voting rights
if possible use      shares       voting rights

ISIN CODE            Direct    Direct     Indirect  Direct  Indirect

Common            54,135,760 54,135,760  3,350,070   79.5%  4.9%

B: Financial Instruments

Resulting situation after the triggering transaction

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



Total (A+B)

Number of voting rights        % of voting rights

57,485,830                      84.4%

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 
    68,139,657 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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