Press Release

Xylem declares fourth-quarter dividend of 10.12 cents per share

November 2, 2011

WHITE PLAINS, N.Y., Nov 02, 2011 (BUSINESS WIRE) --

The Board of Directors of Xylem Inc. (NYSE:XYL) today declared a cash dividend of $0.1012 per share for the fourth quarter of 2011. This cash dividend will be payable December 31, 2011 to shareholders of record on November 16, 2011.

About Xylem

Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world's most challenging water and wastewater problems. Launched in 2011 from the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in White Plains, N.Y., with 2010 annual revenues of $3.2 billion and 12,000 employees worldwide.

The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at http://www.xyleminc.com.

SOURCE: Xylem Inc.

Xylem Inc.
Press:
Tom Glover, +1-914-323-5891
tom.glover@xyleminc.com
or
Investors:
Phil De Sousa, +1-914-323-5930
phil.desousa@xyleminc.com