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Pentair's Water Ace Pump Division Named Lowe's 'Vendor of the Year'

March 15, 2002
ST. PAUL, Minn., Mar 15, 2002 /PRNewswire-FirstCall via COMTEX/ -- Pentair, Inc. (NYSE: PNR) announced today that Lowe's Companies, Inc. (NYSE: LOW), a 775-store home center chain, recently named F.E. Myers' Water Ace retail division "Vendor of the Year" for Lowe's rough plumbing and electrical division. F.E. Myers is a unit of the Pentair Pump Group.

Lowe's "Vendor of the Year" qualifications include: line item fill rates of 99 percent or higher; high value and high quality products; responsible environmental stewardship; innovative and instructive merchandising; and extraordinary service. Lowe's has more than 4,000 vendors, of which only 11 were named "Vendor of the Year" for 2001.

Water Ace products include a full array of residential pumps, tanks and accessories. Water Ace was also named Lowe's "Vendor of the Year" in 1994.

F.E. Myers ( ) and the retail division Water Ace ( ) are located in Ashland, Ohio, with additional distribution in Canada, Florida and California. Founded in 1870, F.E. Myers is a manufacturer of water systems, centrifugal, reciprocating, and wastewater products that serve residential, commercial, industrial, and municipal worldwide markets. F.E. Myers, an ISO 9001 registered quality system, is a part of the Pentair Pump Group of Pentair, Inc.

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, please contact Mark Cain of Pentair, Inc., +1-651-639-5278.

SOURCE Pentair, Inc.

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