THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Analogic Corporation (ALOG)

1/4/2006 Proxy Information

During fiscal year 2005, the Company received approximately $80,000 from Neurologica Corp. primarily relating to contract manufacturing activities. Bernard M. Gordon, a member of the Board of Directors of the Company, is the Chief Executive Officer of Neurologica Corp.

Mr. Brown retired from Analogic Corporation in November 1999. He joined Analogic in August 1984, was elected a Vice President in October of that same year and was responsible for managing its manufacturing operations.

Mr. Tarello served as Controller of Analogic Corporation from May 1970 through July 1982, Vice President from 1971 to 1980, Senior Vice President since 1980 and Treasurer from 1985 through 1999.

2/25/2005 Proxy Information

Mr. Bernard M. Gordon owns a 100% interest in a limited partnership (Audubon Realty) that owned a facility located at 360 Audubon Road, Wakefield, Massachusetts, which was leased by the Company for a term that expired on January 31,2004. This facility was utilized by the Company for manufacturing and office space from May 1,1981, until the lease terminated. The annual rent for this facility was $398,000. The Wakefield facility was leased on a net lease basis, and accordingly the Company paid, in addition to the above rental payments, all taxes, maintenance, insurance, and other costs relating to the leased premises. Mr. Gordon served as Chairman of Analogic Corporation from 1969 to April 2004 and was President from 1980 to 1995 and from February 2002 to April 2003. He assumed the title of Executive Chairman in February 2002 and was Chief Executive Officer from February 2002 to August 2003.

M. Ross Brown joined Analogic in August 1984, was elected a Vice President in October of that same year and was responsible for managing its manufacturing operations.

John A. Tarello was Controller of Analogic Corporation from May 1970 through July 1982, Vice President from 1971 to 1980, Senior Vice President since 1980 and Treasurer from 1985 through 1999.

The terms of the lease agreement, at the time it was executed, were at least as favorable as those that could have been obtained from unaffiliated third parties. Prior to the execution of such lease, two independent appraisals were obtained in order to establish the fair market rate for the subject premises. A rent, in each case discounted below the fair market rate established by the appraisals, was then agreed upon by the parties. The lease incorporated periodic rent escalation clauses based on the Consumer Price Index.

12/15/2003 Proxy Information

Mr. Gordon is founder and Chairman Emeritus of Analogic Corporation.

Mr. Bernard M. Gordon owns a 48% interest and the successor(s)-in-interest to the late Mr. Bernard L. Friedman, the Company’s former Vice Chairman of the Board (Mr. Friedman resigned on July 31, 1993), own a 52% interest in a limited partnership (Audubon Realty), which owns a facility located at 360 Audubon Road, Wakefield, Massachusetts, which is leased by the Company for a term which will expire on January 31, 2004. This facility has been utilized by the Company for manufacturing and office space since May 1, 1981. The annual rent for this facility is $398,000. The Wakefield facility is leased on a net lease basis, and accordingly the Company pays, in addition to the above rental payments, all taxes, maintenance, insurance, and other costs relating to the leased premises. The Company does not intend to renew this lease.

The terms of the lease agreement, at the time it was executed, were at least as favorable as those that could have been obtained from unaffiliated third parties. Prior to execution of such lease, two independent appraisals were obtained in order to establish the fair market rate for subject premises. A rent, in each case discounted below the fair market rate established by the appraisals, was then agreed upon by the parties.

The lease incorporated periodic rent escalation clauses, based upon the Consumer Price Index. At the present time, the rent that the Company is paying under the Wakefield, Massachusetts lease reflects fair rental value for the property.

On July 29, 2003, the Company sold to 6 Centennial LLC, a modern two story office building containing a total of approximately 49,000 square feet of manufacturing and office space. The building is located in Peabody, Massachusetts adjacent to the Company’s principal executive offices. The sale price was $3.15 million. The building had been leased to unrelated third parties tenants since its acquisition by the Company in 1993. 6 Centennial LLC is a Massachusetts limited liability company wholly-owned by the Bernard Gordon Charitable Remainder Unitrust, of which the trustees are Bernard M. Gordon, the Company’s Chairman of the Board, and Julian Soshnick, the Company’s Vice President. An independent appraisal obtained by the Company prior to the sale established the fair market value of the property at $3.2 million. The Company paid no broker’s fee in connection with the sale. The Company realized a gain of $1.6 million on the sale of this property.

During the fiscal year ended July 31, 2003, the Company paid to M. Ross Brown, a director of the Company, a total of $47,000 in consulting fees for services rendered in connection with the 100,000 square foot building addition being made to the Company’s headquarters and certain renovations and refurbishment of the Company’s hotel to be performed by a Marriott subsidiary.