0001193125-05-110003 Sample Contracts

ITRON, INC. 1,500,000 Shares Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • May 17th, 2005 • Itron Inc /Wa/ • Radio & tv broadcasting & communications equipment • Massachusetts

Itron, Inc., a Washington corporation (the “Company”), proposes to issue and sell to the underwriters named in Schedule A annexed hereto (the “Underwriters”), for whom you are acting as representatives, an aggregate of 1,500,000 shares (the “Firm Shares”) of common stock, without par value (the “Common Stock”), of the Company. In addition, solely for the purpose of covering over-allotments, the Company proposes to grant to the Underwriters the option to purchase from the Company up to an additional 225,000 shares of Common Stock (the “Additional Shares”). The Firm Shares and the Additional Shares are hereinafter collectively sometimes referred to as the “Shares.” The Shares are described in the Prospectus which is referred to below.

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