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Applera Management to Hold Conference Call to Discuss a New Business Initiative for Applied Biosystems and the Online Information Business of Celera Genomics
Call is Scheduled for April 22 at 10 a.m. EDT

FOSTER CITY, CA and ROCKVILLE, MD - April 19, 2002

Applera Corporation today announced that management will hold a conference call with investors and the media on Monday, April 22, 2002 at 10 a.m. EDT to discuss a significant new business initiative for its Applied Biosystems Group (NYSE:ABI) as well as the outcome of its analysis of organizational alternatives within the Company's overall structure for the online business of its Celera Genomics Group (NYSE:CRA). A press release on these subjects will be issued earlier the same day, April 22, at 6 a.m. EDT. Financial results for the Applera businesses will be released as planned on April 25 and will not be discussed on April 22.

Investors, securities analysts, and media representatives who would like to participate should dial (706) 634-4992 (code "Applera") between 9:45 and 10:00 a.m. This conference call will also be webcast. Interested parties who wish to listen to the webcast should visit either www.applera.com and go to the Investor Relations section of the web site, or www.celera.com and go to the Investor section, or www.appliedbiosystems.com and go to the Investor Relations webpage within the "About Us" section. A recording will be available two hours after the completion of the conference call from April 22 to May 2, 2002. Interested parties should call (706) 645-9291 and enter Conference ID 3900407.

About Applera Corporation
Applera Corporation comprises two operating groups. The Applied Biosystems Group develops and markets instrument-based systems, reagents, software, and contract services to the life science industry and research community. Customers use these tools to analyze nucleic acids (DNA and RNA), small molecules, and proteins to market scientific discoveries, leading to the development of new pharmaceuticals, and to conduct standardized testing. Applied Biosystems is headquartered in Foster City, CA, and reported sales of $1.6 billion during fiscal 2001. The Celera Genomics Group, headquartered in Rockville, MD, is engaged principally in integrating advanced technologies to create therapeutic discovery and development capabilities for internal use and for its customers and collaborators. Celera's businesses are its online information business and its therapeutics discovery business. The online information business is a leading provider of information based on the human genome and other biological and medical information. Through the therapeutic discovery business, Celera intends to leverage its genomic and proteomic capabilities to identify drug targets and diagnostic marker candidates, and to discover novel therapeutic candidates. Celera Diagnostics has been established as a joint venture between Applied Biosystems and Celera Genomics. This new venture is focused on discovery, development and commercialization of novel diagnostic tests. Information about Applera Corporation, including reports and other information filed by the company with the Securities and Exchange Commission, is available on the World Wide Web at www.applera.com, or by telephoning 800.762.6923.


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