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Pentair Declares Quarterly Cash Dividend
07.15.2004

GOLDEN VALLEY, Minn., July 15 /PRNewswire-FirstCall/ -- Directors of Pentair, Inc. (NYSE: PNR) today declared a regular quarterly cash dividend of 11 cents per share payable August 13, 2004, to shareholders of record at the close of business on July 30, 2004.

About Pentair, Inc.

Pentair ( http://www.pentair.com ) is a diversified operating company headquartered in Minnesota. Its Water Technologies Group is a global leader in providing innovative products and systems used worldwide in the movement, treatment, storage and enjoyment of water. Pentair's Enclosures group is a leader in the global enclosures market, serving industrial and electronic customers, and its Tools Group markets innovative products under established brand names to professionals and do-it-yourself users. Pentair's 2003 revenues totaled $2.7 billion. The company employs 12,500 people in more than 50 locations around the world.

Contact:
Pentair: Mark Cain
Tel. (763) 656-5278
E-mail: mark.cain@pentair.com

SOURCE Pentair, Inc.

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