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Pentair Declares Quarterly Cash Dividend

October 14, 2004

GOLDEN VALLEY, Minn., Oct 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- Directors of Pentair, Inc. (NYSE: PNR) today declared a regular quarterly cash dividend of 11 cents per share payable November 12, 2004, to shareholders of record at the close of business on October 29, 2004.

About Pentair, Inc.

Pentair ( http://www.pentair.com ) is a diversified operating company headquartered in Minnesota. Its Water 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, designing and manufacturing standard, modified and custom enclosures that house and protect sensitive electronics and electrical components. With 2003 revenues of $2.7 billion, Pentair has more than 13,000 employees worldwide.

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

SOURCE Pentair, Inc.