Flowserve Announces Multi Million Dollar Valve Order from State Nuclear Power Engineering Company Ltd. in China

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced an order in excess of $15 million from State Nuclear Power Engineering Company Ltd. (SNPEC) in China for ASME Section III safety-related globe and gate valves and Flowserve Limitorque actuators. Flowserve booked the order in the first quarter of 2010.

The Flowserve valves and actuators will be used at the Westinghouse design AP1000™ Sanmen and Haiyang Unit 2 nuclear power plants located in Zhejiang and Shandong provinces. The plants, which represent the first Westinghouse AP1000 nuclear power plants to be built in China, are under construction and are scheduled to be operational in June 2014 and January 2015, respectively.

"This order further strengthens our long-standing relationship with the Chinese nuclear power industry and with our customer, State Nuclear Power Engineering Company Ltd.,” said Mark Blinn, Flowserve President and Chief Executive Officer. "We are proud to be a part of renewable energy production in China, which will reduce emissions and improve the environment.”

"Flowserve remains a leader in the nuclear industry due to our experience, expertise and global presence,” said Tom Pajonas, President, Flowserve Flow Control Division. "We are excited to be a part of new power plant construction in China, which will help support growing energy demands.”

Valves included in the order will be manufactured at Flowserve’s Raleigh, N.C., facility. Limitorque actuators will be manufactured in Lynchburg, VA.

Flowserve previously announced valve orders from Westinghouse, booked in the fourth quarter of 2008 and the first quarter of 2009, for the Sanmen and Haiyang Unit 1 plants.

About State Nuclear Power Engineering Company (SNPEC) Ltd.

State Nuclear Power Engineering Company is a subsidiary of State Nuclear Power Technology Corporation Ltd. (SNPTC). SNPTC is a state-owned corporation established with investments from the State Council and China National Nuclear Corporation, China Power Investment Corporation, China Guangdong Nuclear Power Holding Co Ltd. and China National Technical Imp & Exp Corporation. For more information, please visit www.snptc.com.cn.

About Flowserve Corp.

Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves, as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

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