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Pentair Announces Quarterly Cash Dividend

May 11, 2016

MANCHESTER, United Kingdom – May 11, 2016 – Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.34 per share on August 5, 2016 to shareholders of record at the close of business on July 22, 2016. Pentair had previously announced on December 8, 2015 the approval by its Board of Directors to pay dividends in 2016 in four quarterly installments of $0.33 in each of the first and second quarters and $0.34 in each of the third and fourth quarters. 2016 will mark the 40th consecutive year that Pentair has increased its dividend.

Note: An earlier version of this press release issued on May 10, 2016 incorrectly stated that Pentair would pay a regular quarterly cash dividend of $0.33 per share on August 5, 2016 to shareholders of record at the close of business on July 22, 2016

ABOUT PENTAIR PLC
Pentair plc (www.pentair.com) delivers industry-leading products, services, and solutions for its customers' diverse needs in water and other fluids, thermal management, and equipment protection. With 2015 revenues of $6.4 billion, Pentair employs approximately 28,000 people worldwide.

Pentair contacts:
Jim Lucas
Vice President, Investor Relations and Strategic Planning
Tel: 763-656-5575
E-mail: jim.lucas@pentair.com

Rebecca Osborn
Senior Manager, External Communications
Tel: 763-656-5580
Email: rebecca.osborn@pentair.com