PENTAIR plc — Director's Dealing 2004

Jan 21, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2004-01-19

Reporting Person: SCHROCK MICHAEL V (President, COO Enclosures)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-19	Common Stock	F	993	$46.93	Disposed	51347.298	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - ESPP	1527.823	Direct
Common Stock - ESOP	385.7047	Indirect

Footnotes

F1: Shares surrendered to pay taxes applicable to vesting of restricted stock.