IN FOCUS

KANSAS CITY, KANSAS, October 31, 2000 – During the recent WEFTEC 2000 trade show in Anaheim, Fairbanks Morse presented a new alternative in submersible pumps – the submersible vortex – currently available in cast iron construction. This unique design is capable of handling heavier concentrations of stringy, fibrous material, which are not suitable for conventional solids-handling pumps.

Sulzer has finalized the acquisition of the Interturbine companies in Lomm/The Netherlands. This transaction, which has received the approval by the regulatory and antitrust authorities, is in line with Sulzer’s strategy of expanding its industrial activities in surface and material technologies.

HOUSTON–(BUSINESS WIRE)–Oct. 30, 2000–National-Oilwell, Inc. (NYSE:NOI) today announced that it has signed, through a wholly-owned subsidiary, a Memorandum of Understanding with Aker Maritime ASA (OSE:AMA) to acquire the stock of Maritime Hydraulics (Canada) Ltd. for a total cash purchase price, including the assumption of certain debt obligations, of Canadian $25 million (approximately U.S. $16.5 million). The transaction is expected to close in January 2001.

Early in 2001, the Board of Management of the pump and valve manufacturer KSB AG, Frankenthal, will be extended to include Dr.-Ing. Willi Enderle (43).

ABS introduces a new model in the JUMBO® range of contractor pumps for powerful dewatering of abrasive water from construction sites, mines, ships, docks and flooded areas.

The new model JUMBO® 205 is a 21 kW pump for high head or high volume.

The proposed merger between Sulzer Ltd and Sulzer Medica Ltd will not take place. The Boards of Directors and the Executive Management of both companies have acknowledged the critical assessment of this planned move by the financial markets. Sulzer Industries will continue the focus on Materials and Surface Technology. Sulzer Medica will further expand its core businesses of Orthopedics, Cardiovascular Prostheses and Dental Implants.

CHARLOTTE, N.C., Sept. 26 — United Dominion Industries Ltd. (NYSE: UDI, TSE) announced today that it is in discussions with several parties concerning a possible sale of the company. J.P. Morgan & Co., Inc. is advising the company.

New Lowara pumps are hydraulically powered multiphase centrifugal units, which run at 2.900 rpm and throw 13 m3 per hour at 12 bar giving overall better performance from a more compact scale. A particular innovation for this new design of de-icer is the use of a single, relatively small and light – yet high performance – pump. The vehicles being replaced had large, heavy, cast iron gear pumps which had many problems, most of them expensive.

On 28 September KSB Aktiengesellschaft, Frankenthal, tested the largest feed pump ever built since the foundation of the company 125 years ago. The full load pump weighing around 40 tonnes is intended for the new 1000 MW block of a lignite-fired power station in Niederaussem near Cologne.

Ready 24 is the latest drainage pump from ITT Flygt. The 2.4 kW pump, which weighs less than 18 kg and is less than 200 mm in diameter, can cope with everything from muddy water to corrosive liquids and gravel.