DALLAS, TEXAS (Aug. 29, 2006)-Dresser Al Rushaid Valve and Instrument Co. (DARVICO), which supplies Dresser Masoneilan® control valves and Consolidated® pressure relief valves, has been recognized by the Saudi Arabian Basic Industries Corporation (SABIC) for product quality, on-time delivery and customer service, including technical support, field services and responsiveness. SABIC is one of the leading international petrochemical companies in the world.

DARVICO is a joint venture between Dresser, Inc. and Al Rushaid Trading Co.

The recognition by SABIC was based on its evaluation of suppliers in 2005. SABIC honors the top ten percent of suppliers annually, which represented 45 suppliers in 2005.

DARVICO is a full service organization offering sales, application engineering, service and repair, manufacturing, assembly, testing and distribution of Dresser Masoneilan and Consolidated valves.

The DARVICO facility, located in Jubail industrial city, is equipped with advanced machinery to produce high-quality Dresser products tested and measured by strict industrial standards. DARVICO is ISO9000 - 2000 Registered and complies with all applicable ASME code requirements.

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 approximately 6,500 employees and a sales presence in more than 100 countries worldwide. The company's website is www.dresser.com.

About Masoneilan
 
Masoneilan has more than 125 years of control valve knowledge and experience. Headquartered in Avon, Mass., Masoneilan manufactures sells and services innovative general and severe-service control valves, actuators, pressure regulators and field instrumentation. Its eight manufacturing units worldwide are supported by an integrated network of service and sales offices to provide a wide range of valve solutions for virtually every process control application.

About Consolidated Pressure Relief
 
Consolidated is a global leader providing pressure relief solutions to all phases of the petroleum, power and process industries. Founded in 1879 and headquartered in Houston, Texas, the company's product portfolio includes spring loaded, pilot operated and power actuated valves to meet any system overpressure protection need, including steam, process fluids and nuclear applications. Its Green Tag® network of independent aftermarket service specialists provides convenient local access to service, inventory, and expertise.

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COMPANY CONTACT:
Jenny Haynes
Vice President Corporate Communications and Investor Relations
972-361-9933
Jenny.haynes@dresser.com