ITT to supply brake pads for the new Giulietta" by Alfa Romeo"

Tuesday, 2 Mar 2010

WHITE PLAINS, N.Y., March 2, 2010 — ITT Corporation (NYSE: ITT) today announced that its Italy-based Motion Technologies business has been chosen to supply the front axle brake pads for the new "Giulietta" by Alfa Romeo, a brand of Fiat Group Automobiles. ITT will produce approximately 300,000 brake pads per year, both for the Original Equipment Manufacturer (OEM) and Original Equipment Service (OES) markets.

The brake pad solution proposed by ITT was developed in close partnership with Alfa Romeo, with specific attention given to safety performance in accordance with environmental legislation.

"This project confirms our leadership in the European brake pad OEM market, and demonstrates the benefit of our innovation and customer service," said Piero Bruno, ITT Motion Technologies vice president, Private Transportation. "This was ITT's first 'designed-in' brake product developed from start to finish in close collaboration with Fiat Group Automobiles. Over the past 13 years, ITT has supplied its brakes for other Fiat models including the 156, 147, 159, Mito and GT models."

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. www.itt.com

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