Flowserve President Elected to Board of Eastman Chemical Company

10.10.2006

Flowserve announces that the company's President and CEO Lewis M. Kling was elected to the board of directors of Eastman Chemical Company. Eastman manufactures and markets chemicals, fibers and plastics worldwide and is the world's largest producer of PET polymers for packaging.

"I am pleased to join the board of Eastman," said Lewis Kling, President and CEO of Flowserve. "Serving in this capacity for a company with the reputation and market leadership of Eastman is an honor and I look forward to using my past experience and knowledge in ways to support the overall mission and strategic objectives of the company."

Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2005 sales of $7 billion and approximately 12,000 employees.

Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. For more information about Flowserve and its products and services, visit www.flowserve.com.

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