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Dresser, Inc. Announces $10 Million Voluntary Debt Prepayment

DALLAS, TEXAS (Jan. 31, 2006) - Dresser, Inc. today announced it has made an optional prepayment of $10 million on its senior secured term loan, reducing the balance of the loan to $135 million. In 2004 and 2005, the company made a total of $290 million in prepayments, including $215 million from the net cash proceeds of two divestitures.

 

            About Dresser, Inc.

 

Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and compression and power systems segments of the energy industry. Headquartered in Dallas, Texas, Dresser has a comprehensive global presence, with a sales presence in more than 100 countries worldwide. The company's website is www.dresser.com.

 

COMPANY CONTACT:

Jenny Haynes

Vice President of Investor Relations and Communications

(972) 361-9933

Jenny.haynes@dresser.com