ITT Declares Fourth Quarter Dividend of $0.14 Per Share

WHITE PLAINS, N.Y., Oct. 9 /PRNewswire-FirstCall/ -- The Board of Directors of ITT Corporation (NYSE: ITT) today declared a cash dividend of $0.14 per share for the fourth quarter of 2007. This cash dividend will be payable January 1, 2008 to shareholders of record on November 16, 2007 .

About ITT Corporation

ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in water and fluid transport, treatment and control technology. The company plays a vital role in international security with communications and electronics products; space surveillance and intelligence systems; and advanced engineering and services. It also serves a number of growing markets-including marine, transportation and aerospace-with a wide range of motion and flow control technologies. Headquartered in White Plains, N.Y., the company employs approximately 35,000 people and generated $7.8 billion in 2006 sales.

SOURCE ITT Corporation



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