ITT Industries to Profile Water and Wastewater Business on Management Access Series Conference Call

June 13, 2003

ITT Industries, Inc. senior vice president and president of Fluid Technology Robert Ayers will present his company's views on its role in the growing water and wastewater industry on Wednesday, June 18, during the UBS Warburg Management Access Series Conference Call. Presenting with Ayers will be Tom Pokorsky, president of ITT Industries' Sanitaire unit and Richard Duffy, vice president and director, Business and Market Development. John Baliotti, UBS Warburg Electrical Equipment Analyst, will host the call.

The call begins Wednesday, June 18, at 11:00 am EDT and will conclude at approximately 12:15 pm EDT. The discussion will focus on ITT's water and wastewater businesses, including its recent performance and outlook for 2003, as well as the catalysts for long term growth.

Those interested in the wastewater industry and related economic issues can access the call through the following numbers:

Domestic Dial-in: (800) 665-0430

International Dial-in: (913) 981-5591

Domestic Replay: (888) 203-1112

International Replay: (719) 457-0820

Replay Code: 437350

The presentation also will be available on ITT's web site: www.itt.com/ir. Presentation materials will be posted at 9:00 am EDT on June 18 for previewing, and the replay will be available through July 18.

Source: ITT Industries, Inc.

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