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2016-02-25

DENTSPLY International Inc.: DENTSPLY and Sirona Announce Completion of Remaining Regulatory Milestones for Proposed Merger

YORK, PA&LONG ISLAND CITY, NY, February 25, 2016 - DENTSPLY International Inc.
("DENTSPLY") (NASDAQ: XRAY) and Sirona Dental Systems, Inc. ("Sirona")
(NASDAQ: SIRO) today announced that the proposed merger of equals between the
two companies has cleared regulatory review.

Following similar approvals in the United States and Ukraine, both the
European Commission and Russia's Federal Antimonopoly Service have announced
approval of the proposed merger of DENTSPLY International Inc. and Sirona
Dental Systems, Inc. This regulatory clearance marks an important milestone
in the proposed transaction and the companies now expect the transaction to
close on or about Monday February 29th, 2016.

About DENTSPLY

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 a century, 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.

About Sirona

Sirona, the dental technology leader, has served dealers and dentists
worldwide for more than 130 years. Sirona develops, manufactures, and markets
a complete line of dental products, including CAD/CAM restoration systems
(CEREC), digital intra-oral, panoramic and 3D imaging systems, dental
treatment centers and handpieces. Visit www.sirona.com for more information
about Sirona and its products.

Forward-Looking Statements

This communication, in addition to historical information, contains
"forward-looking statements" (as defined in the Securities Litigation Reform
Act of 1995) regarding, among other things, future events or the future
financial performance of DENTSPLY International Inc. ("DENTSPLY") and Sirona
Dental Systems, Inc. ("Sirona"). Words such as "anticipate," "expect,"
"project," "intend," "believe," and words and terms of similar substance used
in connection with any discussion of future plans, actions or events identify
forward-looking statements. Forward-looking statements relating to the
proposed transaction include, but are not limited to: statements about the
benefits of the proposed transaction between DENTSPLY and Sirona, including
future financial and operating results; DENTSPLY's and Sirona's plans,
objectives, expectations and intentions; the expected timing of completion of
the proposed transaction; and other statements relating to the merger that
are not historical facts. Forward-looking statements are based on information
currently available to DENTSPLY and Sirona and involve estimates,
expectations and projections. Investors are cautioned that all such
forward-looking statements are subject to risks and uncertainties, and
important factors could cause actual events or results to differ materially
from those indicated by such forward-looking statements. With respect to the
proposed transaction between DENTSPLY and Sirona, these factors could
include, but are not limited to: the risk that DENTSPLY or Sirona may be
unable to obtain governmental and regulatory approvals required for the
transaction, or that required governmental and regulatory approvals may delay
the transaction or result in the imposition of conditions that could reduce
the anticipated benefits from the proposed transaction or cause the parties
to abandon the proposed transaction; the risk that a condition to closing of
the transaction may not be satisfied; the length of time necessary to
consummate the proposed transaction, which may be longer than anticipated for
various reasons; the risk that the businesses will not be integrated
successfully; the risk that the cost savings, synergies and growth from the
proposed transaction may not be fully realized or may take longer to realize
than expected; the diversion of management time on transaction-related
issues; the effect of future regulatory or legislative actions on the
companies or the industries in which they operate; the risk that the credit
ratings of the combined company or its subsidiaries may be different from
what the companies expect; economic and foreign exchange rate volatility; the
continued strength of the dental and medical device markets; unexpected
changes relating to competitive factors in the dental and medical devices
industries; the timing, success and market reception for DENTSPLY's and
Sirona's new and existing products; the possibility of new technologies
outdating DENTSPLY's or Sirona's products; the outcomes of any litigation;
continued support of DENTSPLY's or Sirona's products by influential dental
and medical professionals; changes in the general economic environment, or
social or political conditions, that could affect the businesses; the
potential impact of the announcement or consummation of the proposed
transaction on relationships with customers, suppliers, competitors,
management and other employees; the ability to attract new customers and
retain existing customers in the manner anticipated; the ability to hire and
retain key personnel; reliance on and integration of information technology
systems; the risks associated with assumptions the parties make in connection
with the parties' critical accounting estimates and legal proceedings; and
the potential of international unrest, economic downturn or effects of
currencies, tax assessments, tax adjustments, anticipated tax rates, raw
material costs or availability, benefit or retirement plan costs, or other
regulatory compliance costs.

Additional information concerning other risk factors is also contained in
DENTSPLY's and Sirona's most recently filed Annual Reports on Form 10-K,
subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and
other SEC filings.

Many of these risks, uncertainties and assumptions are beyond DENTSPLY's or
Sirona's ability to control or predict. Because of these risks, uncertainties
and assumptions, you should not place undue reliance on these forward-looking
statements. Furthermore, forward-looking statements speak only as of the
information currently available to the parties on the date they are made, and
neither DENTSPLY nor Sirona undertakes any obligation to update publicly or
revise any forward-looking statements to reflect events or circumstances that
may arise after the date of this communication. Nothing in this communication
is intended, or is to be construed, as a profit forecast or to be interpreted
to mean that earnings per DENTSPLY share or Sirona share for the current or
any future financial years or those of the combined company, will necessarily
match or exceed the historical published earnings per DENTSPLY share or
Sirona share, as applicable. Neither DENTSPLY nor Sirona gives any assurance
(1) that either DENTSPLY or Sirona will achieve its expectations, or (2)
concerning any result or the timing thereof, in each case, with respect to
any regulatory action, administrative proceedings, government investigations,
litigation, warning letters, consent decree, cost reductions, business
strategies, earnings or revenue trends or future financial results. All
subsequent written and oral forward-looking statements concerning DENTSPLY,
Sirona, the proposed transaction, the combined company or other matters and
attributable to DENTSPLY or Sirona or any person acting on their behalf are
expressly qualified in their entirety by the cautionary statements above.

Contacts

DENTSPLY

Derek Leckow
VP, Investor Relations
DENTSPLY International Inc.
Tel: +1 (717) 849-7863
E-mail: derek.leckow@dentsply.com

Sirona

Joshua Zable
VP, Investor Relations
Sirona Dental Systems Inc.
Tel: +1 (718) 482-2184
E-mail: joshua.zable@sirona.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DENTSPLY International Inc. via Globenewswire

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