ORGANIZATIONAL ANNOUNCEMENT: Mr. SAVERIO GELLINI Vice-President Sales, WTD EMEA

01/07/2003

Lowara is pleased to announce that Mr. SAVERIO GELLINI joins our group from July 1, 2003 as Vice-President Sales, WTD EMEA.

Saverio Gellini, who holds a degree in Industrial Engineering from the University of Bologna, developed an extensive and successful sales management and general management experience in a dynamic Italian enterprise, active in the machine tool market with an expanding international business. He is now undertaking the task of driving the growth of Lowara and Vogel sales in their own regional markets and worldwide, enacting all possible synergies within FTC.

The addition of Saverio to the management team strengthens our Division and enables us to enhance our focus on market coverage and customer care activities. Therefore we will be ready to enjoy the successes originating from our continuous improvement initiatives and from the new product developments in progress.

About Xylem
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Launched in 2011 from the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in White Plains, N.Y., with 2010 annual revenues of $3.2 billion and 12,000 employees worldwide.

The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at http://www.xyleminc.com.