IN FOCUS

Consolidated order intake by the Sulzer Corporation for the first quarter 2001 rose by 6% to CHF 1532 million, equivalent to a 7% increase adjusted for acquisitions, divestitures and currency effects. This encouraging growth is mainly attributable to the Sulzer Industries core businesses on which Sulzer will be based in future.

In conjunction with Flowserve’s (NYSE: FLS) First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Tuesday, April 24, 2001 at 11:00am in Eastern Time with Scott Greer, CEO; Renee Hornbaker, CFO; and Michael Conley, Director of Investor Relations of Flowserve.

JESCO Dosiertechnik, one of the leading manufacturers of components, systems and accessories of metering, conveying and measuring & control technology for water and waste water treatment, introduce their chemical standard pump N.

By Niels Due Jensen, Grundfos Group President

Pretty soon our employees will see Grundfos´ brand or logo being replaced. From now on we will be writing the Grundfos name in a more modern and distinctive typeface, and we will also be simplifying the Archimedes screw to make it stand out as a clearer and easily recognisable symbol for Grundfos. All this will occur as one of several visible moves indicating that we are adopting a new business concept – a concept that aims to strengthen Grundfos´ identity as “the Brand” when it comes to pumps and pump systems

STAMFORD, CONNECTICUT – April 3, 2001 – Crane Co. (NYSE:CR) announced today that it had completed the acquisition of the Industrial Flow Group of Alfa Laval Holding AB for approximately $37 million, based on the terms of a previously announced definitive agreement.

NORTHBROOK, Ill., April 5 — IDEX Corporation (NYSE: IEX) today announced that diluted earnings per share before restructuring charges for the first quarter are on track with earlier estimates of 32 to 37 cents.

March 22, 2001 – Carver Pump was awarded a contract by Avondale Industries, Inc. of New Orleans, Louisiana for the fourth ship-set of centrifugal pumps for the San Antonio Class (LPD-20) Dock Landing Ships.

ITT Flygt presents the new Internet site from Flygt Austria, which has been developed in co-operation with Flygt’s Webteam in Sweden, Flygt Pumpen Hanover and Flygt Austria.

In recent years there has been a boom in the building industry in many cities, where residential and commercial areas are rapidly expanding.

In accordance with the proposal put forward by the board of directors

and president, the meeting declared a dividend of SEK 7.00 per share.

Thursday, April 5 2001 was established as the day of record for

dividend, and payment is expected to be distributed by VPC (the

Swedish Securities Register Center) starting Tuesday, April 10 2001.