Gardner Denver, Inc. Announces Strategic Organizational Initiatives

Exodyne Electric Motors, Inc. (EEMI) announces that Mr. Randal W Crawford has been hired as Executive Vice President, responsible for all operations of the Exodyne manufacturing facility in Tempe, AZ.

Gardner Denver, Inc. (NYSE: GDI) announced today that Helen W. Cornell has informed the Company of her intention to retire as Executive Vice President, Finance and Chief Financial Officer to enable her to increase her involvement in family business matters.

Pentair announced that Charles M. Brown will rejoin the company as president and chief operating officer of Pentair Water Group’s Pump and Pool operations, effective April 4.

Flowserve named Paul W. Fehlman treasurer. He had been serving as interim treasurer.

Gardner Denver, Inc. yesterday announced the following organizational changes, which are effective immediately:

Gardner Denver, Inc. announced that revenues for the three months ended March 31, 2004 were $154.4 million, a 52% increase compared to the first quarter of 2003.

Duluth, Georgia: Roper Industries, Inc. (NYSE: ROP) announced the next step in executing its strategy for creating long-term shareholder value.