IN FOCUS

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.

Early in January this year, KSB AG in Frankenthal launched its new Web Shop, providing round-the-clock access to its product range for registered customers all over the world.

The Frankenthal pumps and valves manufacturer KSB in future will distribute its electronic pump catalog ELOCAT with the pipe calculation program Spaix PipeCalc of VSX – VOGEL SOFTWARE.

Spaix PipeCalc is particularly in sewage and building technology the leading program for the duty point calculation of centrifugal pumps.

BRIDGEPORT, NJ (Feb. 6, 2002) – Godwin Pumps today unveiled its new Sub-Prime electric submersible pump GSP models, which feature a top discharge, flow rates to 5,000 gpm and discharge heads to 375 feet.

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.

When J W Froehlich built their latest engine hot test system for Cosworth Technology, it was vital that all the components used in its manufacture, including pumps, were of the highest quality.

MIAMI, Feb. 19 /PRNewswire/ — ITT Industries’ Jabsco, a leading

manufacturer of marine pumps, fixtures and accessories, has received an Innovation Award from the National Marine Manufacturers Association for its Sensor Max VSD, a silent-running energy efficient on-board water pump. Sensor Max was given the award at the Miami International Boat Show, the largest consumer show of its kind in North America.

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.

Leading seal manufacturer Burgmann Dichtungswerke GmbH & Co KG of Wolfratshausen/Germany concludes the “Mechanical Seal Alliance“ service agreement with Esso Deutschland GmbH, a subsidiary of the American ExxonMobil Group.