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Pentair Declares Quarterly Cash Dividend

October 20, 2006

GOLDEN VALLEY, Minn.--(BUSINESS WIRE)--Oct. 20, 2006--On October 12, 2006, directors of Pentair, Inc. (NYSE:PNR) declared a regular quarterly cash dividend of 14 cents per share payable November 10, 2006, to shareholders of record at the close of business on October 27, 2006.

About Pentair, Inc.

Pentair, Inc. (NYSE:PNR) 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 Technical Products Group is a leader in global enclosures and thermal management markets, designing and manufacturing thermal management products and standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components. With 2005 revenues of $2.95 billion, Pentair employs approximately 15,000 people worldwide.

CONTACT: Pentair, Inc., Golden Valley
Rachael Jarosh, 763-656-5280
Investor Relations
Mark Cain, 763-656-5278

SOURCE: Pentair, Inc.