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Pentair Declares Quarterly Cash Dividend

January 9, 2003

ST. PAUL, Minn., Jan. 9 /PRNewswire-FirstCall/ -- Directors of Pentair, Inc. (NYSE: PNR) today declared a regular quarterly cash dividend of 19 cents per share payable February 7, 2003, to shareholders of record at the close of business on January 24, 2003.

Pentair ( ) is a St. Paul-based manufacturer whose core businesses compete in tools, water technologies, and enclosures markets. The company employs 12,000 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, +1-651-639-5278