BEI TECHNOLOGIES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


(Unaudited)                                               Quarter Ended              Six Months Ended
                                                     -------------------------   --------------------------
                                                       March 31,     April 1,      March 31,     April 1,
                                                         2001          2000          2001          2000
                                                     -------------------------   --------------------------
                                                            (in thousands except per share amounts)
-----------------------------------------------------------------------------------------------------------
Net sales                                                $65,116      $54,217       $125,337       $97,945
Cost of sales                                             46,857       39,058         89,584        71,227
                                                     ------------  -----------   ------------  ------------
                                                          18,259       15,159         35,753        26,718

Selling, general and administrative expenses               9,575        9,124         18,760        16,170
Research, development and related expenses                 2,196        2,197          4,498         3,952
                                                     ------------  -----------   ------------  ------------

Income from operations                                     6,488        3,838         12,495         6,596
Interest expense                                             650          664          1,286         1,351
Other income  (expense)                                     (65)          593            100           619
                                                     ------------  -----------   ------------  ------------

Income from operations before
   income taxes                                            5,773        3,767         11,309         5,864

Provision for income taxes                                 2,313        1,476          4,557         2,317
                                                     ------------  -----------   ------------  ------------

Net income                                                $3,460       $2,291         $6,752        $3,547
                                                     ============  ===========   ============  ============



                                        Earnings per Common Share

Basic Earnings per Share
Net income per common share*                               $0.25        $0.16          $0.49         $0.24
                                                     ============  ===========   ============  ============

Diluted Earnings per Common and Common Equivalent
Share

Net income per common and common
    equivalent share*                                      $0.24        $0.15          $0.47         $0.24
                                                     ============  ===========   ============  ============

Dividends per common share*                                $0.01        $0.01         $0.075         $0.02
                                                     ============  ===========   ============  ============


 * Amounts have been adjusted to reflect a one-for-one stock dividend paid November 21, 2000 to stockholders of
record as of October 30, 2000.