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Pentair Executives Present at Adams Harkness 2004 Summer Seminar

August 2, 2004

GOLDEN VALLEY, Minn., Aug. 2 /PRNewswire-FirstCall/ -- Pentair, Inc. (NYSE: PNR) today announced that Randall J. Hogan, Pentair chairman and chief executive officer, and David D. Harrison, executive vice president and chief financial officer, will present at the Adams Harkness 2004 Summer Seminar held in Boston, Mass., on Tuesday, August 3, 2004.

The presentation will be webcast via Pentair's web site at http://www.pentair.com and can be accessed from the "Financial Information" page.

About Pentair, Inc.

Pentair ( http://www.pentair.com ) is a diversified operating company headquartered in Minnesota. Its Pentair 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, serving industrial and electronic customers. The Tools Group, treated as a Discontinued Operation for reporting purposes beginning in the third quarter of 2004, markets innovative products under established brand names to professionals and do-it-yourself users. Pentair's 2003 revenues totaled $2.7 billion, with $1.6 billion from Continuing Operations. Including WICOR, Pentair employs 17,200 people in more than 50 locations around the world.

Any statements made about the company's anticipated financial results are forward-looking statements subject to risks and uncertainties such as the ability to complete the sale of the Tools Group on its expected timetable, the ability to obtain regulatory approvals of the sale of the Tools Group on anticipated terms and schedule, the ability to integrate the WICOR acquisition successfully and the risk that expected synergies may not be fully realized or may take longer to realize than expected; continued economic growth; foreign currency effects; retail and industrial demand; product introductions; and pricing and other competitive pressures. Forward-looking statements included herein are made as of the date hereof and the company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.

     Contact
     Pentair:  Mark Cain
     Tel.:     (763) 656-5278
     E-mail:   mark.cain@pentair.com
SOURCE  Pentair, Inc.
    -0-                             08/02/2004
    /CONTACT:  Mark Cain of Pentair, Inc., +1-763-656-5278, or
mark.cain@pentair.com /
    /Web site:  http://www.pentair.com/
    (PNR)

CO:  Pentair, Inc.; Adams Harkness 2004 Summer Seminar
ST:  Minnesota, Massachusetts
IN:  PAP MAC
SU:  MAV CCA

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