Mesa Labs Declares Quarterly Dividend

LAKEWOOD, Colo., May 12 /PRNewswire-FirstCall/ -- Mesa Laboratories, Inc. today announced that its Board of Directors has declared a regular quarterly cash dividend of ten cents per share of common stock, payable on June 13, 2008 to shareholders of record at the close of business on May 27, 2008.

Mesa Laboratories develops, acquires, manufactures and markets electronic instruments and disposables for industrial, pharmaceutical and medical applications.

This news release contains forward-looking statements which involve risks and uncertainties. The Company’s actual results could differ materially from those in any such forward-looking statements. Additional information concerning important factors that could cause results to differ materially from those in any such forward-looking statement is contained in the Company’s Annual Report on Form-10KSB for the year ended March 31, 2007 as filed with the Securities and Exchange Commission, and from time to time in the Company’s other reports on file with the Commission.

CONTACT: Luke R. Schmieder, CEO-Chairman of the Board of Directors, or
John J. Sullivan, President-COO, or Steven W. Peterson, VP Finance-CFO, all
of Mesa Laboratories, Inc., +1-303-987-8000

Web site: http://www.mesalabs.com/

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