ITT declares third-quarter dividend of $0.25 per share

WHITE PLAINS, N.Y., August 9, 2010 – The Board of Directors of ITT Corporation (NYSE: ITT) today declared a cash dividend of $0.25 per share for the third quarter of 2010. This cash dividend will be payable on October 1, 2010 to shareholders of record as of August 27, 2010.

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 reported 2009 revenue of $10.9 billion. www.itt.com.