Mark E. Lang New Corporate Vice President of ITT

23.07.2003

The Board of Directors of ITT Industries, Inc. has elected Mark E. Lang to Vice President of the corporation. Lang was appointed Corporate Controller in June, 2003, and is responsible for all aspects of accounting and financial reporting for the corporation.

Immediately prior to this, Lang was Vice President -- Finance and Controller at ITT's Fluid Technology unit.

ITT Industries, Inc. (NYSE: ITT) supplies advanced technology products and services in key markets including: electronic interconnects and switches; defense communication, opto-electronics, information technology and services; fluid and water management and other specialty products. Headquartered in White Plains, NY, the company generated $4.99 billion in 2002 sales.

In addition to the New York Stock Exchange, ITT Industries stock is traded on the Midwest, Pacific, Paris and Frankfurt exchanges.

Source: ITT Inc.

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