PENTAIR plc — Director's Dealing 2004

Jan 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2004-01-14

Reporting Person: HOGAN RANDALL J (Director, Chairman, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-14	Common Stock	F	1978	$46.43	Disposed	128760.799	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8000	Indirect
Common Stock	81036	Indirect
Common Stock - ESOP	385.705	Indirect

Footnotes

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