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Pentair Increases Quarterly Cash Dividend

June 25, 2002
ST. PAUL, Minn., Jun 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- Directors of Pentair, Inc. (NYSE: PNR) today increased the company's regular quarterly cash dividend from 18 cents per share to 19 cents per share. The increase will be effective with the dividend payable August 9, 2002, to shareholders of record at the close of business on July 26, 2002. This is the 26th consecutive annual dividend increase in the company's 36-year history.

Pentair ( ) is a St. Paul-based manufacturer whose core businesses compete in tools, water technologies, and enclosures markets. The company employs 11,500 people in more than 50 locations around the world.

For more information, contact: Mark Cain of Pentair, Inc., +1-651-639-5278.

SOURCE Pentair, Inc.

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