IN FOCUS

Report on Operations 2000 of total Cardo Group

– Invoiced sales amounted to SEK 9,786 million (9,489).

– Operating earnings amounted to SEK 899 million (783), providing an operating margin of 9.2 percent (8.2).

– Earnings after financial items and minority share were SEK 783 million (674).

– Earnings per share after full tax amounted to SEK 18.93 (17.36).

– The Board of Directors proposes a dividend of SEK 7.00 (6.00) per share.

On January 18, KSB Aktiengesellschaft in Frankenthal introduced to the trade press a new, floatless control system for submersible motor pumps. The core component of this innovation is its “Intelligent Control System“, ICS® , a computerized control unit integrated into a plastic housing for lateral attachment to the submersible motor pump.

Living with water, warmth and air…

this official slogan of the ISH exhibition fits superbly with the philosophy and ethos of Wilo’s own product range and services. As in previous years, the exhibition, which is the most important within the Sanitary and Heating arena, takes place in Frankfurt. From the 27th until the 31st of March 2001, international customers are invited to this event.

Record sales in 2000, new orders up sharply.

FEB 01, 2001

Today, United Dominion announced its earnings for 2000. Net income, before non-recurring items, totaled $94.7 million ($2.42 per share) on sales of $2.4 billion. Earnings per share before non-recurring charges were flat year-over-year on a 10% increase in sales. Per share results for the year were calculated on 39.1 million shares outstanding, compared to 39.6 million shares last year.

HOUSTON–(BUSINESS WIRE)–Feb. 8, 2001–National-Oilwell, Inc. (NYSE:NOI) today reported fourth quarter net income, excluding noncash special charges, of $18.6 million ($0.23 per diluted share), up from $11.9 million ($0.15 per diluted share) in the third quarter of 2000 and up from near breakeven results in the fourth quarter of 1999. Revenues for the fourth quarter of 2000 were $329.4 million, 15% above the third quarter of 2000 and 48% above the fourth quarter of 1999.

MINNEAPOLIS, Feb. 7 /PRNewswire/ — Pentair, Inc. (NYSE: PNR) announced that its senior management described the growth of its Water Technologies segment to investment professionals attending the 11th Annual Gabelli Pump, Valve, and Motor Symposium today in New York, N.Y.

A new feature is that the Lowara SV pump coupled with a Hydrovar variable speed drive can aid the irrigation designer by now accepting 2 simultaneous inputs.

Pompes Salmson is going to take part in one of the most important Building exhibition show in South Africa from march 21st to march 24th, Interbuild Cape 2001, incorporating the Plumbdrain Cape 2001, the most comprehensive plumbing exhibition in Africa.

DALLAS, Feb. 6 /PRNewswire/ — Flowserve Corp. (NYSE: FLS) today announced

fourth quarter 2000 net income of 50 cents a share, an increase of 117 percent

compared with 23 cents a share in the fourth quarter of 1999, before special

items in both periods.