Flowserve Receives Valve Order for Australian Desalination Plant

Flowserve receives an order for plug valves for the Southern Seawater Desalination Plant near Perth, Australia.

DALLAS, Jun 03, 2010 --Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced it has received an order for plug valves for the Southern Seawater Desalination Plant near Perth, Australia. The order was booked in the fourth quarter of 2009.

The plant plans to use manual and automated Flowserve Durco PlugSeal valves for its high-pressure processes. The plant's output is designed to bring 140,000 cubic meters of fresh water daily to residents of the greater Perth region. This is 50 billion liters of potable water annually, with the ability to expand to 100 billion liters.

Recent years of reduced rainfall have diminished the amount of water held in local reservoirs. If such a trend persists, Perth is expected to need an additional 150 billion liters of water per year to meet population demands by 2031. When the plant is completed, more than 30% of Western Australia's water needs are likely to come from sources such as desalination.

"Fresh, potable water is a very real need in areas like Perth, and we're proud to be part of the solution," said Tom Pajonas, president, Flowserve Flow Control Division. "Flowserve has considerable experience in the desalination industry, and it represents a significant opportunity for us to grow globally."

Designed for the desalination industry, Flowserve PlugSeal valves are made of super-duplex stainless steel with a fluoropolymer-coated plug for corrosion resistance. The valves are designed to provide tight shutoff and are easily serviced without being cut out of line. The PlugSeal valves are to be used with the Flowserve RG series scotch-yoke actuators and Automax instrumentation, which allows for single-source assemblies, with all parts designed to perform optimally.

Under construction since July 2009, the plant is being constructed by the Southern Seawater Alliance, a joint venture of Water Corporation, Técnicas Reunidas Australia, Valoriza Water Australia, AJ Lucas Operations and Worley Parsons Services. The plant is expected to open late 2011.

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: Paul Fehlman, 972-443-6517, Vice President, Financial Planning & Analysis and Investor Relations

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