ITT Corporation

ITT Industries Board of Directors Names Kathleen S. Stolar and Lawrence J. Swire Vice Presidents of the Corporation

    7/27/1999

        WHITE PLAINS, N.Y., July 27 /PRNewswire/ -- ITT Industries, Inc.
    (NYSE: IIN) announced that its Board of Directors has elected Kathleen S.
    Stolar to the position of Vice President and Corporate Secretary, and Lawrence
    J. Swire to the position of Vice President of the company.
        Stolar has been with the company for more than 21 years, with most of that
    time spent at ITT Financial Corporation in St. Louis.  Since 1996, she's been
    an Assistant General Counsel of the corporation in White Plains overseeing
    corporate litigation.  She also spearheaded the formulation of our corporate
    policy compliance program, and will retain responsibility for compliance in
    her new role.
        Swire joined the legal department of ITT Corp. in 1973.  In 1989, he was
    named Assistant General Counsel, Corporate Development & Assistant Secretary
    of ITT Corp.  When ITT Industries was formed in 1995, Swire was named
    Associate General Counsel and Assistant Secretary with responsibility for
    mergers and acquisitions.
        "It is gratifying when we can acknowledge the achievements and experience
    of two long-service  ITT colleagues," said Travis Engen, chairman and chief
    executive of ITT Industries.  "We look forward to Kathy's and Larry's
    continued contributions to the corporation.
        ITT Industries, Inc. (http://www.ittind.com) is a global engineering and
    manufacturing company with leading positions in the markets it serves,
    generating 1998 sales of $4.5 billion. ITT Industries is the world's premier
    supplier of pumps, systems and services to move and control water and other
    fluids. The company is a major supplier of sophisticated military defense
    systems, and provides advanced technical and operational services to a broad
    range of government agencies.  ITT Industries also produces connectors,
    switches and cabling used in telecommunications, computing, aerospace and
    industrial applications, as well as network services.  Further, ITT Industries
    makes industrial components for a number of other markets, including
    transportation, construction and aerospace. Based in White Plains, NY, ITT
    Industries employs approximately 33,000 people around the world.
        In addition to the New York Stock Exchange, ITT Industries' common stock
    is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges
    
    SOURCE  ITT Industries, Inc.
    
    

    Web site: http://www.ittind.com
    Company News On-Call: http://www.prnewswire.com/comp/110006.html
    or fax, 800-758-5804, ext. 110006
    CONTACT: Tom Glover of ITT Industries, Inc., 914-641-2160

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2016 revenues of $2.4 billion.

Investors

Jason Moss
tel +1 914-641-2030
jason.moss@itt.com

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Laurent Lawrence
tel +1 914-304-1809
laurent.lawrence@itt.com

MEDIA