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DONALDSON COMPANY SELLS ULTRACOOL CHILLER BUSINESS

24 January, 2011

MINNEAPOLIS (January 24, 2011)-- Donaldson Company, Inc. (NYSE:DCI) announced today the sale of its Ultracool chiller business, based in Terrassa, Spain, to LAUDA. LAUDA, based in Lauda-Königshofen, Germany, is the global leader in the manufacture of innovative constant temperature control equipment. Terms of the sale were not disclosed.

The Ultracool chiller business is part of Donaldson's Industrial Products segment and manufactures industrial circulation chillers for manufacturers of printing presses, injection molding equipment, laser processing machines, and sorting equipment. The business had sales of approximately €8 million (US$11 million) in fiscal 2010. The sale will not have a material impact on Donaldson's fiscal 2011 second quarter or full-year results.

 

About Donaldson Company
Donaldson is a leading worldwide provider of filtration systems that improve people's lives, enhance our Customers' equipment performance, and protect our environment. We are a technology-driven Company committed to satisfying our Customers' needs for filtration solutions through innovative research and development, application expertise, and global presence. Our employees contribute to the Company's success by supporting our Customers at our more than 100 sales, manufacturing, and distribution locations around the world.

Donaldson is a member of the S&P MidCap 400 and Russell 1000 indices, and our shares trade on the NYSE under the symbol DCI. Additional information is available at www.donaldson.com.

FOR IMMEDIATE RELEASE:                              
Monday, January 24, 2011                                        

FOR FURTHER INFORMATION:
Rich Sheffer (952) 887-3753

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