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Pentair Vice President, Treasurer, and Secretary, Roy T. Rueb, Retires

21.12.2001

ST. PAUL, Minn., Dec 20, 2001 /PRNewswire via COMTEX/ -- Pentair (NYSE: PNR) announced today that Vice President, Treasurer, and Secretary, Roy T. Rueb, has announced his intent to retire from the company effective December 31, 2001.

Rueb's treasury responsibilities will be absorbed by Michael G. Meyer, formerly assistant treasurer, who has been named treasurer. The duties of the corporate secretary will transfer to Louis L. Ainsworth, Pentair's senior vice president and general counsel.

Rueb, 61, has served Pentair in treasury and finance capacities since joining the company in 1979 as director of Corporate Accounting. Prior to joining Pentair, Rueb served with Haskins & Sells, predecessor to the accounting firm of Deloitte and Touche. A Certified Public Accountant, Rueb holds an accounting degree from the University of Minnesota.

Pentair ( http://www.pentair.com ) is a St. Paul-based manufacturer whose core businesses compete in tools, water technologies, and enclosures markets. The company employs 12,000 people in more than 50 locations around the world.

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