Pentair Announces Quarterly Cash Dividend

MANCHESTER, United Kingdom - October 4, 2016 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.34 per share on November 4, 2016 to shareholders of record at the close of business on October 21, 2016. Pentair had previously announced on December 8, 2015 the approval by its Board of Directors to pay dividends in 2016 in four quarterly installments of $0.33 in each of the first and second quarters and $0.34 in each of the third and fourth quarters. 2016 marks the 40th consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC
Pentair plc (www.pentair.com) delivers industry-leading products, services, and solutions for its customers' diverse needs in water and other fluids, thermal management, and equipment protection. With 2015 revenues of $6.4 billion, Pentair employs approximately 28,000 people worldwide.

###

Pentair contacts:
Jim Lucas                                                            
Vice President, Investor Relations and Strategic Planning                        
Tel: [phone]                                                             
E-mail: [e-mail]

Rebecca Osborn
Senior Manager, External Communications
Tel: [phone]
Email: [e-mail]

---

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pentair plc via Globenewswire