Flowserve Publishes 2011 Sustainability Report

DALLAS, May 7, 2012 – Flowserve Corp. (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of the company’s first formal sustainability report.

“This report reaffirms our commitment to our established sustainability principles,” said Mark Blinn, president and chief executive officer. “We are proud of our ongoing contributions to the communities where our employees live and work, our operational accomplishments around workplace safety and waste management, as well as the industry-leading products and services we provide our customers which help preserve the environment.”

The Flowserve sustainability initiative is centered on the four focus areas of workplace, marketplace, environment and community. The report highlights information specific to the Flow Control Division’s performance indicators and metrics using Global Reporting Initiative (GRI) framework and guidelines. Key indicators and metrics were selected based on those most relevant to the division’s manufacturing operations, specifically around safety, energy usage, emissions, and waste generation.

“During the process of developing the report, we confirmed our long-held belief that our facilities and employees around the world consistently strive to operate by the sustainability principles we have established,” said Stephen Wilson, director, safety health and environmental affairs. “We look forward to evolving and expanding the level of detail and scope of our reporting in the future.”

The report is available in electronic format on the company’s website, click here to view the report.

About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

Technical Contact: Mike Mullin, Director Investor Relations (972) 443-6636

Media Contact: Steve Boone, director, global communications and public affairs, (972) 443-6644

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