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Pentair Declares Quarterly Cash Dividend

January 15, 2004

GOLDEN VALLEY, Minn., Jan. 15 /PRNewswire-FirstCall/ -- Directors of Pentair, Inc. (NYSE: PNR) today declared a regular quarterly cash dividend of 21 cents per share payable February 13, 2004, to shareholders of record at the close of business on January 30, 2004.

Pentair is a Minnesota-based manufacturer whose core businesses compete in water technologies, enclosures, and tools markets. The company employs 12,000 people in more than 50 locations around the world.

Contact: Mark Cain (763) 656-5278

SOURCE Pentair, Inc.