Pentair Annual Report 2009

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FY2009 Annual Report · Pentair

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5500 Wayzata Boulevard, Suite 800
Minneapolis, MN 55416–1261
763 545 1730 Tel

Letter to Our Shareholders:

While the economic situation resulted in certain financial challenges,

I couldn’t wait to tell you about the year’s tremendous accomplishments

in Pentair’s Annual Report for 2009.

Thanks to the dedication and resolve of our 13,000-plus employees,

Pentair emerged stronger from the global recession. As we glance over

our shoulder at the recessionary road behind us, we reflect on a number

of critical achievements. We executed well against our cost actions.

These were tough decisions, but necessary in order to control our own

destiny. We also rewarded our shareholders with a dividend increase

at a time when many companies were retrenching. And, our focus on

Pentair’s Integrated Management System (PIMS) allowed us to drive

operating excellence while maintaining investments in research, new

product development, and key growth initiatives.

By embracing the spirit of “improving every day” and leveraging our

commitment to “winning right,” we are confident our accomplishments

will endure. It is this character which has allowed us to face our

challenges head-on and reinforces our confidence that the best for

Pentair is yet to come.

A year ago we were realistic about the economic situation and resolved to

take actions that would be proactive and swift. We did that. We remain

realistic and focused — and are optimistic about the growth opportunities

opening up to us and confident in our ability to capture them.

Stochastic printing please

Pentair Company Profile

Pentair, Inc. employs approximately 13,000 people, with facilities in over 40 countries and is focused on two
attractive segments: water and technical products.

As a global, diversified manufacturing company, Pentair serves the commercial, industrial, agricultural,
municipal and residential markets through innovative solutions under strong brand names.* Pentair’s Water
segment — which includes global Engineered Flow, Filtration Solutions, Pool Equipment, Residential
Filtration, and Residential Flow businesses — helps deliver safe, clean water to industries, businesses and
individuals. Pentair’s Technical Products segment operates worldwide to help protect electronic equipment
and the people who use it. In 2009, Pentair generated sales of $2.69 billion on a continuing basis. Pentair’s
stock is listed on the New York Stock Exchange under the symbol “PNR.”

2009 SALES
BY GEOGRAPHY

66% | US
19% |

EMEA

7% |

APAC

8% |

ROW

3.5

3.5
3.0
3.5
3.5
3.0
3.0
2.5
3.0
2.5
2.5
2.0
2.5
2.0
2.0
1.5
2.0
1.5
1.5
1.0
1.5
1.0
0.5
1.0
1.0
0.5
0.5
0
0.5
0
0
0

4
3

4
4
3
3

4
3

3
3

3
3
3
3

3
3

7
2

7
2
7
2

7
2

’07 ’08 ’09

’07 ’08 ’09
’07 ’08 ’09
’07 ’08 ’09

2.50

2.50
2.50
2.50
2.00

2.00
2.00
2.00
1.50

1.50
1.50
1.50
1.00

1.00
1.00
1.00
0.50

0.50
0.50
0.50
0

0
0
0

9
5
2
9
5
2

9
5
9
5
2
2

2
1
.
2

2
1
2
.
2
1
.
2

2
1
.
2

7
1
.
1

7
1
7
.
1
1
.
1

7
1
.
1

’07 ’08 ’09

’07 ’08 ’09
’07 ’08 ’09
’07 ’08 ’09

NET SALES
($ in billions)

DILUTED EPS
FROM CONTINUING
OPERATIONS ($)

2009 SALES
BY SEGMENT

2009 SALES
BY GBU

69% | water
31% |

tech products

0.80

0.80
0.80
0.80

0.60

0.60
0.60
0.60

0.40

0.40
0.40
0.40

0.20

0.20
0.20
0.20

8
6
0
8
6
0

8
6
8
6
0
0

2
7
0
2
7
0

2
7
2
0
7
0

0
6
0
0
6
0

0
6
0
6
0
0

’07 ’08 ’09

7
0
2

7
0
7
2
0
2

7
0
2

4
6
1

4
6
4
1
6
1

4
6
1

1
8
2

1
8
1
2
8
2

1
8
2

300

300
300
300
250

250
250
250
200

200
200
200
150

150
150
150
100

100
100
100
50

50
50
50
0

0
0
0

’07 ’08 ’09
’07 ’08 ’09
’07 ’08 ’09
ANNUAL DIVIDEND
($ per share)

0
0
0

’07 ’08 ’09

’07 ’08 ’09
’07 ’08 ’09
’07 ’08 ’09

FREE CASH FLOW
($ in millions)

filtration solutions

pool

11% | engineered flow
8% |
15% |
12% |
23% |
31% |

residential flow

tech products

residential filtration

In January 2010, Pentair increased its annual
dividend to $0.76, marking the 34th
consecutive year of increased dividends.

*For a full list of Pentair’s brands, please visit www.pentair.com/Our-Businesses.aspx

Pentair Annual Report 2009

Stochastic printing please

By any business measure, 2009 was
a difficult year.

The recent global recession was broader and deeper

than any in recent experience. Sales dropped to

$2.7 billion, a decrease of 20 percent compared

to 2008, impacted heavily by the global recession.

Earnings per share of $1.17 (GAAP-basis) repre-

sented a significant reduction versus 2008. These

reported earnings include restructuring charges

associated with closing 18 facilities over the past

two years. Adjusting for the non-recurring items,

earnings per share of $1.47 (adjusted) were down

about 30 percent. Because of productivity savings

of approximately $250 million, we offset most

Randall
J. Hogan,
Chairman
& CEO

of the impact of the tremendous decline in volumes

share grew when compared to 2008. This trajectory

to deliver solid profitability.

demonstrates the powerful results from accelerating

the consolidation of our global manufacturing and

Despite lower earnings in 2009, we are encouraged

administrative footprint. And, while fourth quarter

by the results of our initiatives and we exited 2009

sales remained in decline year-over-year, the trends

with momentum. Fourth quarter 2009 earnings per

improved each quarter throughout 2009.

Partner with Pentair

Economic Stimulus
Partnership
Opportunities

improving every day

The American Recovery and Reinvestment Act (ARRA) of 2009 was
signed into law in February 2009 and is designed to pour billions
of dollars into the U.S. economy. Pentair acted swiftly to analyze the
legislation and develop a white paper to share with key internal
and external stakeholders. The company also developed a web site
and sales initiative called “Partner With Pentair” which is designed to
track ARRA project monies and promote sales channel development.
Pentair is proud to provide these proactive tools to its customers,
channel partners, and employees.

Visit www.partnerwithpentair.com for more information.

Pentair Annual Report 2009
Pentair Annual Report 2009

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1

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Pentair’s Water Segment

Pentair is a leading global provider of water technology and equipment for the commercial, industrial,
agricultural, municipal and residential markets. The company makes filtration, purification, water treatment,
pump and systems solutions and pool equipment and related technologies.

· Engineered Flow · Filtration Solutions · Pool Equipment · Residential Filtration · Residential Flow

2009 SALES
BY BUSINESS WITHIN WATER

2009 SALES
BY REGION WITHIN WATER

16% | engineered
flow

13% |

filtration
solutions

21% |

pool

17% |

residential
filtration

33% |

residential flow

65% | US
19% |

EMEA

16% |

ROW

Pentair’s Technical Products Segment

Pentair Technical Products is the leading provider of worldwide product and service solutions for enclosing,
protecting and cooling electrical and electronic systems. Its industry-leading brands — Hoffman®, Schroff®,
McLean® Cooling Technology, Calmark®, Birtcher®, Aspen Motion™ Technologies and Taunus™ — provide a
broad variety of standard, modified and custom solutions to the commercial, communications, energy, general
electronics, industrial, infrastructure, medical, and security and defense markets.

2009 SALES
BY MARKET FOR TECH PRODUCTS

2009 SALES
BY REGION WITHIN TECH PRODUCTS

7% | commercial

26% |
9% |
10% |
33% |
6% |
2% |
7% |

communications

energy

general electronics

industrial

infrastructure

medical
security & defense

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Pentair Annual Report 2009
Pentair Annual Report 2009

66% | US
19% |

EMEA

15% |

ROW

Pentair has a long history of generating outstand-

· Finally, Pentair is more globally balanced as

ing free cash flow from operations. In 2009, our

approximately 35 percent of our sales were outside

businesses generated over $207 million in free cash

the United States, compared to roughly 25 percent

flow — well in excess of 160 percent of net income.

in 2005. We continue to flow resources to our most

Included in this total was a $25 million discretionary

attractive markets.

pension contribution pre-payment to satisfy our

2010 obligation. We reduced our debt levels by

approximately $150 million; strengthening an

already healthy balance sheet. I am pleased to note

that in early 2010 we increased our dividend six

percent to $0.76 per share for the year marking

the 34th consecutive annual increase.

So, we delivered tremendous productivity savings

and outstanding free cash flow results but our full

year sales and earnings were certainly not what

we wanted.

Through it all, we acted to ensure Pentair would

be well-positioned when markets recover. By

successfully executing against these actions, we shift

our attention toward growth. And, as we shift our

attention, we believe the company is in a better

position to drive growth:

· We maintained our growth investments in

global sales, marketing and product development

to ensure longer term success.

· We increased our capacity in Mexico, China, India

and Poland — where we expect strong growth.

· We strengthened an already strong balance sheet

and are ready for additional growth investments.

· Our Global Business Units are beginning to see

recovery in many key markets. Each is poised for

growth and productivity heading into 2010.

· Through our PIMS initiatives, we continued to

improve product quality, on-time delivery and

workplace safety.

The past decade has been witness
to remarkable change at Pentair.

Over the past ten years, we transformed our port-

folio and recently transformed our cost structure.

We maintained and built upon a strong culture

committed to “improve every day” and “win right”

in everything we do. Today, our company is more

diverse, more global, and stronger financially.

As we enter the new decade we turn our attention

to a new agenda — a growth agenda.

We have a terrific foundation for growth. As a

leader in both Water and Technical Products, our

businesses are well positioned to serve global

customers and solve critical needs. Every day we

deliver thousands of products to distributors,

dealers, retailers and individual consumers the

world over. I am proud to point out Pentair prod-

ucts at hotels and factories we visit, and restaurants

we patron. I am especially proud of our products

helping where the need is greatest — such as water-

starved regions where access to clean, safe water is

at a premium. Pentair does so many fantastic things.

Building upon this foundation is critical, and we

can do it. We are building an even greater company

— one which is delivering sustainable solutions

to our customers and sustainable results to our

shareholders, employees and communities.

We provide sustainable solutions to customers

around the world that need our systems to ensure

their water quality meets exact specifications.

Our Technical Product’s business provides sustain-

able solutions to thousands of customers who

Pentair Annual Report 2009 3

Spotlight: Desalination

Codeline
vessels

Pentair Provides Desalination Expertise
in Sydney, Australia

Australia’s severe drought issues have plagued
the continent for more than a decade prompt-
ing the government to implement strict water
saving measures and large-scale investments
such as building desalination plants. When
planning began for the city of Sydney’s desali-
nation plant, contractor Blue Water JV (Veolia
Water and John Holland) chose Pentair for its
expertise in desalination applications.

Pentair installed 4,600 of its Codeline™
vessels, a leader in membrane housings
built to maximize the performance of water
purification systems. For over three decades,
Codeline has been the most trusted brand
in critical and demanding applications for
desalination, reverse osmosis, nanofiltration
and ultrafiltration.

As the largest Codeline installation to date,
the Sydney plant provides 15 percent of the
city’s water needs, pumping approximately
66 million gallons of water per day.

Pentair’s Codeline facility, based in Goa, India,
manufactures about 30,000–35,000 vessels
per year.

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Pentair Annual Report 2009
Pentair Annual Report 2009

demand high performance from their equipment

and safety for their employees. Around the world,

our employees are empowered to drive a sustainable

culture by looking for ways to enhance the customer

experience while always performing with integrity.

This commitment delivers sustainable financial

results and solid environmental and social records.

We are proud to be a global leader in our diverse

set of industries and this pride is what sustains us

around the world.

At Pentair, one of our competitive
advantages is the relentless pursuit
of innovative solutions.

By our investment in research, development and

commercial growth initiatives, we have exciting

new products, new systems and a stronger leadership

position in our key markets. A great example

of our burgeoning systems capabilities is the new

Dung Quat refinery in Vietnam. When excessive

silica in the water threatened to disrupt start-up

production, our Asia team leveraged Pentair’s

product breadth and systems capabilities to create

an innovative solution. By integrating Pentair’s

pre-treatment tanks, valves and Aqualine

pre-filtration along with Pentair reverse osmosis

pumps, vessels and controls, we enabled rapid

design and implementation.

We remain excited about infrastructure investment

in developing nations and also in the United States.

Pentair is well-positioned as a leader in water

infrastructure — with over 100 years of experience

in water and waste water solutions. One recent

highlight was the record order we booked in 2009.

As the Army Corps of Engineers strengthens the

city of New Orleans’ flood water protection system,

Pentair’s Engineered Flow business was selected to

provide proven technology and services to the larg-

est pump station in the world at the Harvey Street

Canal. Representing the most significant contract in

Stochastic printing please

Spotlight: New Orleans’ Harvey Street Canal Pump Station

A Leader in Water Infrastructure

Starting in 2010, Pentair will deliver a dozen pumps to New Orleans’ Harvey Street Canal Pump Station.
Each pump will have a discharge diameter of approximately 15 feet and capable of pumping nearly
700,000 gallons of water per minute. During a hurricane, the Pentair pumps will handle all flows exiting
from 22 miles of levees and floodwalls and ten pump stations into Harvey and Algiers Canals.

Pentair Annual Report 2009 5
Pentair Annual Report 2009 5

Stochastic printing please

Pentair’s history, the $60 million award demonstrates

major league baseball team. Beginning in 2010,

our importance as a leader in infrastructure and

Pentair is partnering with the Minnesota Twins to

municipal water systems. Equipment deliveries are

spotlight the global issue of water by setting a new

set to begin in 2010 and will continue through 2011.

standard for water use in sports facilities. As the

Twins’ official Sustainable Water Provider, Pentair

While our technology helps protect New Orleans

will install a custom-designed Rain Water Recycle

from too much water, Pentair solutions will

System (RWRS) that will capture, conserve and

help manage water in a very different way at

reuse rain water at Target Field. Pentair’s RWRS

Target Field, the new home of the Minnesota Twins

is estimated to reduce the need for municipal tap

Spotlight: Sustainable Solutions

Pentair and the Minnesota Twins have teamed up to hit
a home run with water sustainability.

Visit www.pentair.com/twins for more information.

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Pentair Annual Report 2009
Pentair Annual Report 2009

Stochastic printing please

water at the stadium by over 50 percent, helping

the ballpark to qualify for LEED certification

and saving more than two million gallons of water

annually. Now that’s a home run!

Pentair Technical Products
continues to be a leader in
partnering with customers.

By providing Pentair’s high performance enclosures,

we protect employees, equipment and sensitive

data. For example, multinational retailer Best Buy

turned to Pentair when they wanted to upgrade

their U.S. data center. Working closely with the

Best Buy IT leadership and data teams, we provided

a customized solution with our Data Networking

Cabinets, Racks, and Cable Tray products. The

Pentair solution allowed Best Buy to exceed their

objectives for both performance and protection,

which led them to entrust us even further. Starting

in 2010, Pentair will be protecting their electronics

globally at Best Buy’s data centers in the Middle East

and Asia Pacific.

Throughout 2008 and 2009, we made tremendous

progress aligning our businesses to improve efficiency,

enhance customer service, and drive higher technol-

ogy solutions — all to position our company to

better satisfy our customers. By forming our global

business units: Engineered Flow, Filtration Solutions,

Pool Equipment, Residential Filtration, Residential

Flow and Technical Products, we are organized

to drive sustainable growth while adding breadth

and scale to satisfy global customer demands.

Our talented, global work force has leveraged

this alignment to advance our recognition of

opportunities around the world, ensuring we are

leveraging best practices to reduce redundancy and

improve the customer experience.

Leading the Way

Over a year ago, Pentair announced
its initiative to eliminate bottled water
in all of its locations worldwide.

The company’s commitment is to provide
its employees with premium, filtered water,
and at the same time significantly decrease
the waste that bottled water creates.

In 2009, Pentair accomplished its goal.
The company is generating significantly less
waste and saving money along the way —
because bottled water can cost up to 2,000
times the cost of filtered tap water.

Pentair Annual Report 2009 7
Pentair Annual Report 2009 7

Stochastic printing please

Spotlight:
Project Safewater

Colon,
Honduras

Last year, Pentair highlighted a major humani-
tarian effort — Pentair’s Project Safewater in
Colon, Honduras. Its partnership with the
non-profit Water Missions International reached
significant milestones in 2009: Approximately
200,000 people now have access to clean
drinking water and about 18,000 people have
gained access to clean sanitation facilities.
In addition, scientific data on the effectiveness
of the program has begun to be gathered,
in cooperation with the U.S. Centers for Disease
Control and the Honduran Department of Health.
The goal is to provide all 400,000 residents of
the Colon region with clean water, and Pentair
is well on its way to achieving that.

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Pentair Annual Report 2009
Pentair Annual Report 2009

Perhaps no issue is more critical to
the world than the environment.

Whether it is energy or water, our future depends

on the efficient and thoughtful use of natural resources.

Pentair’s solutions address these challenges. Inside

our company we monitor and improve our own

environmental footprint it is part of how we

“win right.” We are proud of our record as a global

citizen and remain committed to being thoughtful

of our impact on the earth. Being good stewards

of the environment has been an element of Pentair’s

Code of Conduct since the beginning. And, we con-

stantly monitor our citizenship practices and policies

around the world in environment, governance, health

and safety and in employee and community relations.

Each year we inspire thousands of people around

the world with our commitment to charitable efforts.

These efforts are led by The Pentair Foundation.

Established in 1998 to formalize the company’s

tradition of community support, the Foundation

is funded through our commitment to dedicate two

percent of our annual pre-tax income to charitable efforts.

The Foundation also is a mechanism for Pentair

to act quickly when tragedy strikes. In early 2010,

when the country of Haiti was struck with a devas-

tating earthquake, the need for clean, safe water

was paramount. Within hours, Pentair was working

with our charitable partner, Water Missions Interna-

tional (WMI) to provide 10 Living Water Treatment

Systems (LWTS) and five chlorinators. And, along

with General Electric, our Residential Filtration Joint

Venture partner, we provided solar powered Home-

spring units to areas with limited to no water supply.

Combined, these systems provide potable drinking

water to approximately 100,000 people daily.

At Pentair, and through the work of The Pentair

Foundation, we are proud to provide assistance

when and where it is needed most. Furthermore,

the Foundation will continue to promote education,

environmental conservation, vocational readiness,

self-sufficiency and general well-being.

A few years ago we could not have
imagined the economic decline that
gripped our markets in 2009. At the
same time, the challenge it presented
brought forth a tremendous effort
and commitment to become stronger
as a company.

We executed against our commitments and,

as a result, we are more energized and confident.

Our people remain focused, realistic, and eager

to tackle our most critical customer needs.

As we look ahead, the company accelerates

toward sustainable growth. We are determined

to win, and “win right.”

Thank you for your support. I look forward

to reporting on our continued progress.

Randall J. Hogan
Chairman and Chief Executive Officer

Improving Every Day

Code of Business Conduct and Ethics
Pentair’s founders created the Code of
Business Conduct to guide the company’s
development and its actions. This Code is the
foundation for specific practices, policies and
guidelines that determine how the company
conducts day-to-day business. It includes guid-
ance for all employees regarding how they will:

· Manage Pentair according to the highest

business, ethical, moral and civic standards
as a public company.

· Operate in a manner that earns the respect
of shareholders, employees, communities,
customers, suppliers and all others with a
stake in the company’s success.

· Make Pentair a top-performing company,
managed for the long-term benefit of all
of its constituents.

Every employee worldwide receives a copy
of the Code of Conduct when they join the
company. The Code is available in every major
language spoken by Pentair employees.

The full text of the Code of Business Conduct
and Ethics is available at
www.pentair.com/code.html

Global Citizenship Report
In early 2009, Pentair released its first
Global Citizenship Report. Today, the
Citizenship record and initiatives are
updated online at www.pentair.com

Pentair Annual Report 2009 9

Pentair Leadership Team

BOARD MEMBERS

MANAGEMENT

Leslie Abi-Karam
Executive Vice President and President of Mailing

Solutions Management of Pitney Bowes Inc.;

Director since 2008

Randall J. Hogan
Chairman and Chief Executive Officer

Michael V. Schrock
President and Chief Operating Officer

Glynis A. Bryan
Chair of the Governance Committee; Chief Financial

Officer of Insight Enterprises, Inc.; Director since 2003

John L. Stauch
Executive Vice President and Chief Financial Officer

Jerry W. Burris
President of Barnes Industrial; Director since 2007

Frederick S. Koury
Senior Vice President, Human Resources

T. Michael Glenn
Executive Vice President of the Market Development

Angela D. Lageson
Senior Vice President, General Counsel and Secretary

and Corporate Communications of FedEx Corporation;

Director since 2007

Charles A. Haggerty
Chief Executive Officer of LeConte Associates, LLC;

Director since 1994

Louis L. Ainsworth
Senior Vice President of Legal Affairs

Mark C. Borin
Corporate Controller and Chief Accounting Officer

David H. Y. Ho
Chairman, Kiina Group; Director since 2007

Michael G. Meyer
Vice President, Treasury and Tax

Randall J. Hogan
Board Chairman and Chief Executive Officer;

Karl R. Frykman
President, Pool Equipment

Director since 1999

David A. Jones
Chair of the International and Compensation Committees

and Senior Advisor to Oak Hill Capital Partners;

Director since 2003

Netha N. Johnson, Jr.
President, Filtration Solutions

Alok Maskara
President, Residential Filtration

Ronald L. Merriman
Chair of the Audit Committee and Managing Director

Philip Pejovich
President, Technical Products

of Merriman Partners; Director since 2004

William T. Monahan
Retired Chairman and CEO of Imation Corporation and

Lead Director; Director since 2001

David B. Roland
President, Engineered Flow Technologies

Gary S. Witt
President, Residential Flow Technologies

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Pentair Annual Report 2009
Pentair Annual Report 2009

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Investor Information

Annual Meeting
The Annual Meeting of Pentair shareholders
will take place on Thursday, April 29, 2010 at
10:00 a.m. Central in the auditorium of Thrivent
Financial (625 Fourth Avenue South, Minneapolis,
Minnesota). Pentair management and directors
encourage all shareholders to attend the meeting.

Investor Information
Shareholders, securities analysts and investors
seeking more information about the Company
can access news releases describing significant
Company events and earnings results for each
quarter and the fiscal year as well as Form 10-K
and other Securities and Exchange filings at
www.pentair.com. Information may also be
obtained by request from the Pentair Investor
Relations Department, 5500 Wayzata Boulevard,
Suite 800, Minneapolis, Minnesota 55416.

Stock Exchange Listing
New York Stock Exchange (symbol: PNR)

Dividends
Dividends are currently paid $0.19 per share
quarterly, in February, May, August and November.
Pentair has paid 136 consecutive quarterly dividends.

Dividend Reinvestment
Pentair offers a Dividend Reinvestment Plan which
enables shareholders of record the opportunity
to automatically reinvest Pentair dividends and
to invest up to an additional $3,000 per calendar
quarter in Pentair common stock, with any costs of
purchasing the shares paid by the Company. Plan
and enrollment information are available from the
Company or Wells Fargo Bank, N.A.

Registrar, Stock Transfer and Paying Agent
Wells Fargo Bank, N.A.,
P.O. Box 64854,
St. Paul, Minnesota 55164-0854
Tel. 877-536-3554
Website: www.wellsfargo.com/com/shareowner_services

Independent Registered Public Accounting Firm
Deloitte & Touche LLP, Minneapolis, Minnesota

Caution concerning forward-looking statements
Any statements made about the company’s
anticipated financial results are forward-looking
statements subject to risks and uncertainties such
as the breadth and severity of the global economic
downturn; the strength of housing and related
markets; the ability to implement our restructuring
and other cost reduction plans successfully
and the risk that expected benefits may not be
fully realized or may take longer to realize
than expected; foreign currency effects; retail,
commercial and industrial demand; product
introductions; and pricing and other competitive
pressures, as well as other risk factors set forth in
our SEC filings. Forward-looking statements
included herein are made as of the date hereof,
and the company undertakes no obligation to
update publicly such statements to reflect
subsequent events or circumstances. Actual results
could differ materially from anticipated results.

Certifications
The Company has filed as exhibits to its Annual
Report on Form 10-K for the fiscal year ended
December 31, 2009 the certifications of its Chief
Executive Officer and Chief Financial Officer
required by Section 302 of the Sarbanes-Oxley
Act. The Company submitted to the New York
Stock Exchange during 2009 the Annual
CEO Certification required by Section 303A.12(a)
of the New York Stock Exchange Listed
Company Manual.

Pentair Annual Report 2009

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Environmental Savings*
The front portion of this report was printed on paper made from 100% post-consumer
recycled fiber. The 10K was printed on 10% post-consumer recycled paper. Because we
believe in being part of the solution.

Using post-consumer recycled paper saved:

50,219 lbs of wood, or
the total of 161 trees that
supplies enough oxygen
for 81 people annually

73,334 gallons of water, or
enough water to take
4,264 eight-minute showers

50 mln BTUs energy, or
enough energy to power
an average American
household for 204 days

15,227 lbs emissions, or
carbon sequestered by
176 tree seedlings grown
over 10 years

4,452 lbs of solid waste,
or trash thrown away by
968 people in a single day

Producing the front portion with 100% renewable energy saved:

10,212 lbs CO2, SO2, and
NOx, or 666 hours of total
continuous electricity used
by a single-family home

3,108 lbs of waste recycled
instead of landfilled

*Sources: Environmental impact estimates for savings pertaining to the use of post
consumer recycled fiber share the same common reference data as the Environmental
Defense Fund paper calculator v2.0, which is based on research done by the Paper
Task Force, a peer-reviewed study of the lifecycle environmental impacts of paper
production and disposal.Environmental impact estimates for savings pertaining to the
use of papers made with renewable energy are based on the U.S. EPA Power Profiler.

5 5 0 0 Wa y z a t a B l v d , S u i t e 8 0 0
M i n n e a p o l i s , M N 5 5 4 1 6 – 1 2 6 1
7 6 3 . 5 4 5 . 1 7 3 0
w w w. p e n t a i r. c o m

10K 00069767

Pentair Annual Report 2009

Stochastic printing please