Dresser, Inc. Sets an Earnings Release Date for its First Quarter

Dallas, Texas, UNITED STATES

DALLAS, May 3, 2002 (PRIMEZONE) -- Dresser, Inc. today announced that it would release financial results for the first quarter ended March 31, 2002 on Wednesday, May 15, 2002 before the market opens.

The Company's earnings conference call will be Wednesday, May 15, at 2 p.m. EDT, 1 p.m. CDT. Following a brief presentation, participants will have the opportunity to ask questions. To participate in the call, dial 1-800-524-4293 (international dial 706-679-0668), ten minutes before the conference call begins and ask for the Dresser conference.

There will also be a real-time audio webcast of the conference call by PrimeCast. To listen to the live call, select the webcast icon from http://www.dresser.com/internet/pages/investorrelations/index.cfm at least 15 minutes before the start of the call to register, download and install any necessary audio software. Individuals accessing the audio webcast will be "listen only" and will not have the capability to take part in the Q&A session.

A digital replay will be available one hour after the conclusion of the call. Interested individuals can access the webcast replay at http://www.dresser.com/internet/pages/investorrelations/index.cfm, by pressing the webcast link.

Headquartered in Dallas, Texas, Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement and power systems segments of the energy industry. Dresser has a widely distributed global presence, with over 8,500 employees and a sales presence in over 100 countries worldwide. The company's Website can be accessed at www.dresser.com.



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