ITT recognized as a top company in 2011 Newsweek Green Rankings

WHITE PLAINS, N.Y., October 27, 2011 — ITT Corporation (NYSE: ITT) announced it was named among the top U.S. publicly traded companies in the 2011 Newsweek Green Rankings. ITT has been recognized for its commitment to environmentally responsible practices by the rankings since their launch in 2009.

ITT was honored as a leading company for its programs and policies to reduce overall environmental impact and was listed in the top 150 of all 500 U.S. corporations recognized. Since the program’s inception, ITT has maintained its spot on the annual rankings for the company’s continued commitment to sustainable, responsible practices.

The Green Rankings are based on an overall Green Score derived from three main criteria: environmental footprint, environmental management and environmental disclosure. To produce the 2011 list, Newsweek collaborated with leading environmental research organizations Trucost and Sustainalytic. The scores are based on a compilation of data and comprehensive assessment of each company’s environmental policies and initiatives. The results and methodology are reviewed by an independent advisory panel including experts in environmental practices and members of the business community.

More information on ITT’s environmental efforts can be found at www.itt.com/citizenship/.

The full list of all companies featured on the 2011 Newsweek Green Rankings can be found at http://www.thedailybeast.com/newsweek/2011/10/16/green-rankings-2011.html.

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 2010 revenue of $11 billion. www.itt.com.