Dresser, Inc. Sets an Earnings Release Date for its Second Quarter

DALLAS, July 31, 2001 (PRIMEZONE) -- Dresser, Inc. announced today that it would release financial results for its second quarter ended June 30, 2001, on Tuesday, Aug. 7, 2001, before the market opens.

The Company's earnings conference call will be Tuesday, Aug. 7, at 11:30 a.m. EDT, 10:30 a.m. CDT. Following a brief presentation, participants will have the opportunity to ask questions. To participate in the call, dial (800) 475-3716, ten minutes before the conference call begins, and ask for the Dresser conference. There will be no phone replay of the conference call.

There will also be a real-time audio Webcast of the conference call by StreetFusion. To listen to the live call, select the StreetFusion icon from http://www.dresser.com/pages/investorRelations.cfm?sm=6 at least 15 minutes before the start of the call to register, download, and install any necessary audio software. Individuals accessing the audio Webcast will be "listen only" and will not have the capability to take part in the Q&A session.

A digital replay will be available one hour after the conclusion of the call. Interested individuals can access the Webcast replay at http://www.dresser.com/pages/investorRelations.cfm?sm=6 by pressing the StreetFusion icon.

Headquartered in Dallas, Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and power systems segments of the energy industry. Dresser has a widely distributed global presence, with more than 8,500 employees and a sales presence in more than 100 countries worldwide. The company's Website can be accessed at www.dresser.com.


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