Bermuda-registered Tyco International Ltd. a diversified manufacturing and service company, has been named the number one performing company of 2000 by BusinessWeek magazine.

The BusinessWeek 50, which ranks companies in the S&P 500 Index based on nine criteria, named Tyco number one in a special Spring 2001 issue released this week.

Tyco is the top performer based on its revenue growth, earnings growth, return to shareholders, profit margins and return on equity, tallied for both one year and three years, according to a press release from the company.

According to the BusinessWeek Spring 2001 issue: "Along with a healthy rise in profit margins and return on equity, Tyco's impressive showing placed the manufacturer atop BusinessWeek's fifth annual performance ranking of companies in the Standard & Poor's 500-Stock Index. After moving up from No. 23 on our list last year, Tyco leads a diverse bunch of companies that have managed, despite the parlous times, to thrive.'' L. Dennis Kozlowski, chairman and chioef executive of Tyco, said in the statement: "Tyco is delighted to receive this recognition from BusinessWeek.

Tyco's `growth on growth' strategy has been designed to deliver ongoing solid, sustainable organic growth coupled with growth through acquisitions.'' BUSINESS BUC