Press Release

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

Dresser Wayne Secures Shell Global Supplier Agreement For Fuel Dispensing Equipment

AUSTIN, TX (March 9, 2005)— Dresser Wayne, a business unit of Dresser, Inc., announced today that they have recently finalized negotiations with Shell Oil securing a multi-year arrangement for their global fuel dispenser requirements. This global arrangement with Shell Oil positions Wayne as a key supplier of fuel dispensing equipment in the US, Canada, Latin America, and Africa.

"Shell Oil constantly seeks to develop long term strategic partnerships with retail service station equipment and material vendors. Dresser Wayne's fuel dispenser products provide the technical, operational performance and the commercial capabilities to support Shell Oil's Retail Business plans in both domestic and foreign markets" said James Borneman, General Manager – Engineering, based in Houston, Texas.

“We’ve had a long-standing and strong relationship as a supplier and strategic partner with Shell,” says Tom Barrett, Dresser Wayne’s Global Account Manager for Shell. “Shell’s approval of the Ovation™ Series dispenser and its successful introduction into North America in 2004, further strengthened this relationship. Ovation’s great image, advanced technology and superior design elements make it a great fit for any Shell branded location.”

The National Association of Shell Marketers Convention (NASM) is being held on March 10th and 11th in New Orleans. As a leading supplier, Shell has invited Wayne to participate as both an exhibitor and a sponsor at the NASM Convention. Dresser Wayne will be displaying the full line of products and services offered to Shell and their Wholesalers.

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

3/9/2005 8:00:00 AM