Reed Sarver Named Senior Vice President of Pall Corporation

    EAST HILLS, N.Y.--Oct. 3, 2001--Eric Krasnoff, Chairman and CEO of Pall Corporation announced today the promotion of Reed Sarver to Senior Vice President of Pall Corporation.
    Mr. Sarver, 42, is responsible for global sales and marketing of Pall's Machinery and Equipment (M&E) Division. M&E sells advanced filtration products to the automotive, pulp and paper, primary metals, mining and mobile equipment markets. The M&E Division is part of Pall's General Industrial group.
    Industrial sales were in excess of $650 million and accounted for more than half of Pall's sales in fiscal year 2001. In this segment, a wide range of sophisticated filtration and separations systems increase efficiency, product quality and production yields at companies that produce chemicals, oil, gas, electricity, automobiles, semiconductors, food, and numerous other products that require high levels of purity. Current potential within this business segment is over $9 billion. This is expected to double over the next five years from organic growth and new business initiatives such as gas/gas separations, automotive, municipal water, and beverage applications.
    During his 13 years with Pall, Mr. Sarver has held several key positions, including various management roles in Pall's Industrial business.
    Mr. Sarver holds a Bachelor of Science degree in Mechanical Engineering from Michigan Technological University.

    Note to the Editor: Pall Corporation is the global leader in the highly sophisticated filtration, separation and purification industry. Pall's business is organized around two broad markets: Industrial and Life Sciences, and has annual sales of over $1.2 billion. The company provides leading-edge products for use in semiconductor, water, aerospace, transfusion medicine and a host of other industries as well as in other high-growth applications such as genomics, proteomics and biotechnology. The Company is headquartered in East Hills, NY and has operations in more than 30 countries. Further information can be found at http://www.pall.com.

    This release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current Company expectations and are subject to risks and uncertainties, which could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to: fluctuations in foreign currency exchange rates; regulatory approval and market acceptance of new technologies; changes in product mix and product pricing and in interest rates and cost of raw materials; the Company's success in enforcing its patents and protecting its proprietary products and manufacturing techniques; global and regional economic conditions and legislative, regulatory and political developments; and domestic and international competition in the Company's global markets. Additional information regarding these and other factors is available on the Web at http://www.pall.com and is included in the Company's reports filed with the U.S. Securities and Exchange Commission. Copies of such reports can be obtained, without charge, at: http://www.sec.gov.