IN FOCUS

Vanton Pumps Ltd has appointed Peter Adamson as its new Chief Executive Officer.

Bogart, Georgia, July 30, 2001 … Roper Industries, Inc. (NYSE: ROP) announced that its Board of Directors has approved the acquisition of the stock of Struers Holdings A/S for a purchase price of approximately $139 million in cash net of assumed debt, the largest transaction in Roper’s history.

In mid-2001, Frankenthal-based KSB Fluid Systems GmbH received a DM 50 million order for the supply of a pumping station and the complete electro-mechanical equipment for a new pipeline of about 140 km in Saudi Arabia.

Bogart, Georgia, August 15, 2001 … Roper Industries, Inc. (NYSE: ROP) announced that its results for the third quarter of fiscal 2001 will be released after the market close on Tuesday, August 28, 2001.

Earnings for last year included non-recurring income relating to a pension refund of SEK 69 million.

Revenues Grow 10% and EPS Increases 37% From Prior Year Quarter

DALLAS, July 27 /PRNewswire/ — Flowserve Corp. (NYSE: FLS) announced

today that Carlos Cardoso will join the organization as president of

its Pump Division, effective Aug. 13, 2001.

TECUMSEH, Mich., July 25 /PRNewswire/ — Tecumseh Products Company (Nasdaq: TECUA, TECUB) announced today its 2001 second quarter consolidated results as summarized in the following Consolidated Condensed Statements of Income.

ST. PAUL, Minn., July 20 /PRNewswire/ — Pentair, Inc. (NYSE: PNR) announced today that increased cost controls and other operating efficiencies enabled the company to deliver second quarter 2001 earnings per share (EPS) of $0.58, in line with analysts’ estimates and 38 percent above first quarter 2001 EPS of $0.42. Pentair’s free cash flow for the second quarter totaled $106.4 million, bringing total free cash flow for the first half of 2001 to $53.4 million, a nearly $100 million improvement from the first six months last year and representing 109 percent conversion of year-to-date 2001 net income.

CLEVELAND, OHIO…Eaton Corporation (NYSE:ETN) today announced that Craig A. Black has been appointed vice president & chief technology officer, effective July 30, 2001. Black will lead the company’s Innovation Center and be responsible for driving research and development synergies across Eaton’s businesses. He succeeds Stanley V. Jaskolski, who retired from the company March 31, 2001. Black will report to Randy W. Carson, senior vice president and group executive and will be located at Eaton’s Innovation Center in Southfield, Michigan.