/C O R R E C T I O N -- Carmichael Lynch Spong/ In the news release, Speed, Expertise and Results Earn Carmichael Lynch Spong Continued Business With Pentair, issued earlier today by Carmichael Lynch Spong, we are advised by the company that the 4th paragraph ("About Pentair"), 2nd sentence, should read "With 2003 sales of $2.7 billion, Pentair comprises three core business groups..." rather than "With 2003 sales of $2.7 million, Pentair comprises three core business groups..." as originally issued inadvertently. PRNewswire -- May 3 DATASOURCE: Carmichael Lynch Spong Company News On-Call: http://www.prnewswire.com/comp/133897.html

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