PENTAIR plc — Director's Dealing 2004

Feb 27, 2004

SEC Form 4/A — Form 4/A

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2004-02-18

Reporting Person: HARRISON DAVID D (Executive Vice President, CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-18	Employee Stock Option (right to buy)	$52.6	A	3027	Acquired	2011-01-02	Common Stock (3027)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	71419	Direct
Common Stock - ESPP	1243.672	Direct
Common Stock - ESOP	313.1754	Indirect

Footnotes

F1: Employee reload stock option granted pursuant to the Pentair, Inc. Omnibus Stock Incentive Plan.

F2: Reload stock option becomes exercisable upon grant and expires on the same date as the original option grant.