Xylem Inc. to Ring New York Stock Exchange Opening Bell in
Celebration of Launch as Independent Company

WHITE PLAINS, N.Y., Nov 16, 2011 (BUSINESS WIRE) --

Xylem, Inc. a leading global water technology company focused on addressing the world's most challenging water issues, announced that its leadership team and representative employees will ring the New York Stock Exchange (NYSE) opening bell today. The bell ringing comes two weeks after Xylem successfully spun off from ITT Corporation. On November 1, 2011, Xylem began trading on the NYSE under the symbol "XYL" and is listed on the Standard & Poor's 500 Index.

"Today's bell ringing at the New York Stock Exchange is the culmination of many months of preparation by our 12,000 employees around the world," said Gretchen McClain, president and CEO of Xylem. "To help us celebrate this symbolic event we've chosen four employees, each representing one of Xylem's four value centers, to mark this occasion and share in the excitement on behalf of the entire team."

Xylem currently serves a $30 billion segment of the global water equipment and services market. The company's products and applications expertise address the full cycle of water and are key in the transport, treatment, testing and efficient use of water in public utility, residential and commercial building services, industrial and agricultural settings. The company's portfolio includes well-known and respected product brands including Bell and Gossett, Flojet, Flygt, Godwin, Goulds Water Technologies, WTW and YSI, among others.

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, commercial, agricultural and industrial 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 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.
Tom Glover, +1-914-323-5891
tom.glover@xyleminc.com