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Pentair Increases Quarterly Dividend

July 13, 2001
ST. PAUL, Minn., Jul 13, 2001 /PRNewswire/ -- Directors of Pentair, Inc. (NYSE: PNR) on July 12, 2001, increased the Company's regular quarterly cash dividend from 17 cents per share to 18 cents per payable August 10, 2001, to shareholders of record at the close of business on July 27, 2001. This is the 25th consecutive annual dividend increase in the company's 35-year history.

Pentair ( ) is a St. Paul-based manufacturer whose core businesses compete in tools, water technologies, and enclosures markets. The company employs 13,000 people in more than 50 locations around the world.

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SOURCE Pentair, Inc.

CONTACT:          Mark Cain of Pentair, Inc., 651-639-5278