PENTAIR plc — Director's Dealing 2003

Oct 14, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2003-10-13

Reporting Person: DURANT KAREN A (Vice President, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-13	Common Stock - ESPP	A	23.046	$40.6787	Acquired	1194.619	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12493.473	Direct
Common Stock	4952.587	Indirect
Common Stock - ESOP	3173.0461	Indirect

Footnotes

F1: Purchase of shares under the Pentair, Inc. Employee Stock Purchase Plan in exempt transaction pursuant to Rule 16b-3(c).

F2: Shares acquired under this Plan are purchased over a three-day trading period. The price shown is the average purchase price over the trading period.