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Michelle Saab
Global Marketing Communications Leader
michelle.saab@wayne.com

Neil H. Thomas Appointed President Of Wayne - North America

AUSTIN, TX (February 10, 2005)— Dresser Inc. announced on January 12, 2005, that Neil H. Thomas was appointed President of Dresser Wayne - North America, a business unit of Dresser, Inc. Mr. Thomas most recently served as Vice President of Global Business Development and Planning for Dresser Wayne.

Mr. John Ryan, President & Chief Operating Officer for Dresser Inc. stated, “Neil has been instrumental in the development of the Dresser Wayne global business strategy and product roadmaps. He also played a key role in the acquisition of the distribution business of Nuovo Pignone, served as the Integration Team Leader for the integration of this business into the Dresser Wayne organization and established Wayne’s operation in China.” Mr. Ryan added “With my recently increased responsibilities for all Dresser Inc. business units, Neil is the right person to take charge of the Wayne division in North America”

Prior to joining Dresser Wayne, Mr. Thomas held the position of Vice President Marketing and Strategy for Tokheim Corporation. He also spent several years consulting to companies in the retail petroleum and energy industries with the consulting firm of Arthur D. Little and before that worked for Gulf Oil/Chevron Corporation in various Sales and Marketing management positions. He holds a B.S. in Economics, and an MBA with Distinction from Warwick Business School in England.

About Wayne Fueling Systems

Wayne Fueling Systems is one of the world’s largest suppliers of fuel dispensers, payment terminals, forecourt control devices, point-of-sale and other measurement and control solutions to the retail and commercial fueling industry. Wayne has been at the forefront of innovation since it was founded in 1891 and is responsible for many of the breakthrough technologies that have transformed fuel retailing. Through a global network of distributors and service partners, Wayne products are sold and supported in over 140 countries around the world. Headquartered in Austin, Texas, Wayne also has major design and assembly operations in Sweden, Brazil and China. www.wayne.com

2/10/2005 8:00:00 AM