ITT Declares Third Quarter Dividend of $0.14 Per Share

WHITE PLAINS, N.Y., Aug. 3 /PRNewswire-FirstCall/ -- The Board of Directors of ITT Corporation (NYSE: ITT) today declared a cash dividend of $0.14 per share for the third quarter of 2007. This cash dividend will be payable October 1, 2007 to shareholders of record on August 24, 2007 .

About ITT Corporation

ITT Corporation ( supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges.

SOURCE ITT Corporation