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Pentair Executives Present at Goldman, Sachs & Co. Capital Goods Conference

November 5, 2001

ST. PAUL, Minn., Nov. 5 /PRNewswire/ -- Pentair, Inc. (NYSE: PNR) announced that its senior management described the performance of Pentair's three core business segments to investment professionals attending the Goldman, Sachs & Co. Global Capital Goods Conference today in New York, New York.

Pentair President and CEO, Randall J. Hogan, and Executive Vice President and CFO, David D. Harrison attended the event. A copy of the conference presentation will be archived on Pentair's web site at http://www.pentair.com under the "Financial Information" page. An audio-only webcast of the presentation is available at https://www.gs.com/ir/conf (Username: conference/confra, Password: capital).

Pentair is a St. Paul-based manufacturer whose core businesses compete in tools, water technologies, and enclosures markets. The company employs 12,500 people in more than 50 locations around the world.

Any statements made about the company's anticipated financial results are forward-looking statements subject to risks and uncertainties such as continued economic growth, retail and industrial demand and other competitive pressures, the ability to successfully strengthen management and other uncertainties as described in the company's Annual Report on Form 10K for the year ended December 31, 2000. Actual results could differ materially from anticipated results.

For more information, please contact Mark Cain, 651-639-5278 for Pentair, Inc.

SOURCE Pentair, Inc.

CONTACT: Mark Cain, +1-651-639-5278, for Pentair, Inc.