IN FOCUS

QUINCY, Ill., March 7 /PRNewswire-FirstCall/ — Gardner Denver,

Inc. (NYSE: GDI) announced today that it has entered into a $200

million amended and restated credit agreement with a syndicate of

ten banks. The agreement provides for $150 million of revolving

credit for a three-year period, amending a similar $125 million

facility which would have expired in January 2003.

QUINCY, Ill., Feb. 27 /PRNewswire-FirstCall/ — Ross J. Centanni, Chairman, President and CEO of Gardner Denver, Inc. (NYSE: GDI) has announced the appointment of Richard C. Steber to the corporate officer position of Vice President and General Manager of the Pump Division.

The Weir Group PLC announces that Sir Robert Smith has been appointed a non-executive director and Chairman Designate with immediate effect. Sir Ron Garrick, Chairman of The Weir Group, has indicated his intention to retire from the Board at the end of June 2002, at which time Sir Robert will succeed him as Chairman.

ST. PAUL, Minn., Mar 7, 2002 /PRNewswire-FirstCall via COMTEX/ — Pentair (NYSE: PNR) announced today that Winslow H. Buxton will retire as chairman of Pentair’s board of directors effective April 30, 2002. President and chief executive officer, Randall J. Hogan, will succeed Buxton as chairman.

Sulzer Pumps increased sales (+11% to CHF 947 million; adjusted: +3%) and operating income* (+10% to CHF 56 million) thanks to concentrated efforts in increasingly difficult markets. The second half-year brought a slight market decline in general, particularly in the pulp and paper industry.

Sulzer Turbomachinery Services agreed to acquire the US field service and repair company Enpro of New Orleans, Louisiana, USA. With around 120 employees, Enpro sales currently total about USD 21 million (CHF 35 million).

Results Beat Last Year, Despite Economic Slowdown

First Quarter 2002 EPS Forecast at 27 to 31 Cents; Maintains Full Year EPS Outlook at $1.90 to $2.30

Plant and Pump Sales and Hire company Selwood has been named as Hyundai’s best new distributor for 2001.

Grundfos has received yet another accounting prize – this time for the Group Envi-ronmental Report plus the Overall Accounts and the Social Accounts for the Danish manufacturing company, Grundfos A/S.

Invoiced sales 2001 reached EUR 306 million (300 MEUR in 2000). The operating profit was 19 MEUR (26 MEUR). ABS continued to expand in the Water and Wastewater segment, as well as in the process industry and in the aftermarket area.