PUMPS WORLD MARKET

UPDATE

March and April, 2012

TABLE OF CONTENTS

Acquisition

Tyco Valves and Pentair Combine

Franklin Electric Buys Pioneer Pump and Expands Pioneer Pump into Middle East

WPIL Buys PSV Pump Line

For Sale

United Technologies Puts Milton Roy and Sundyne Up for Sale

Joint Alliance

Bornemann Pumps and Deep Down Form Joint Alliance for Subsea Pump Packages

New Facilities

Aker Solutions Expands Subsea Manufacturing Including Pumps

Financials

Sulzer Reports Good First Quarter 2012

KSB Hits 2 Billion Euros in Sales in 2011

Weir Plc Shows 2011 Revenue Growth of 40 Percent

Spirax Sarco Announces Increase of Sales in 2011

People

Hydraulic Institute Names 2012 Board of Directors

Colfax Appoints New CEO

Netzsch Pumps North America Changes Leadership

ERI Switches Company Leadership

Aker Wirth Has New Company Head

Projects

Metso Supplying 14 Slurry Pumps to Indian Greenfield Iron Ore Processing Plant

Met-Pro Receives Order for 470 Fybroc Pumps

Met-Pro Also Includes Sethco Pumps in Air Pollution Control System

Cornell Pumps Awarded Genesee County MI Wastewater Pumps Contract

Curtiss-Wright EMD’s AP1000 Coolant Pumps for Chinese Nuclear Power Plant

HMS Pumps Selected for Russian Nuclear Plant

Alfa Laval Wins Indonesian Brewery Order

GIW Pump Reduces Chilean Mines’ Total Costs

KSB Supplying Pumps for Dutch Power Plant

Weir Minerals Delivers Slurry Pumps for Dredgers

Grundfos Sends Fire Pumps to Abu Dhabi Oil Refinery

Grundfos Also Chosen to Supply Pumps for Nissan’s First Russian Factory

Ebara Awarded Contract for Pumps at Australian LNG Plant

Ebara Awarded Second Contract for Australian LNG Plant Pumps

Amarinth Delivers Pumps to Papua New Guinea Offshore Platform

Wärtsilä Hamworthy Delivers Fire Water Pumps to BP Australia Refinery

New Products

Blackhawk Adds New Piston Pumps

Edwards Launches New Turbo-Molecular Pump

Netzsche Adds New Rotary Lobe Pump

Grindex Introduces New Pumps

KSB Adds New Immersion Pumps

Wilden Brings Out New High-Pressure AODD Pump