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/ CORRECTION - Gardner Denver, Inc. Reports Second Quarter 2009 Financial Results
Thursday, July 23, 2009 7:23 PM


QUINCY, IL -- (Marketwire) -- 07/23/09 -- In the news release, "Gardner Denver, Inc. Reports Second Quarter 2009 Financial Results," issued earlier today by Gardner Denver, Inc. (NYSE: GDI), we are advised by the company that the Industrial Product Group's year-to-date revenue roll-forward figures contained in the SELECTED FINANCIAL DATA SCHEDULE (third column) for "Effect of currency exchange rates" and "2009 Revenues" should be "(32.4)" and "504.2," respectively, rather than "(32.1)" and "504.5." Complete corrected table follows.

                          GARDNER DENVER, INC.
                   SELECTED FINANCIAL DATA SCHEDULE
                   (in millions, except percentages)
                             (Unaudited)
                              Three Months Ended       Six Months Ended
                                   June 30,                June 30,
                            ----------------------  ----------------------
                                            %                       %
                            $ Millions    Change    $ Millions    Change
                            ----------  ----------  ----------  ----------
Industrial Products Group
2008 Revenues                    269.3                   515.4
Incremental effect of
 acquisitions                     93.0          35       187.3          36
Effect of currency exchange
 rates                           (15.6)         (6)      (32.4)         (6)
Organic growth                   (96.4)        (36)     (166.1)        (32)
                            ----------  ----------  ----------  ----------
2009 Revenues                    250.3          (7)      504.2          (2)
2008 Orders                      252.4                   525.7
Incremental effect of
 acquisitions                     78.2          31       170.8          33
Effect of currency exchange
 rates                           (13.9)         (5)      (29.4)         (6)
Organic growth                  (103.1)        (41)     (208.8)        (40)
                            ----------  ----------  ----------  ----------
2009 Orders                      213.6         (15)      458.3         (13)
Backlog as of  06/30/08          235.3
Incremental effect of
 acquisitions                     89.2          38
Effect of currency exchange
 rates                           (12.0)         (5)
Organic growth                   (90.9)        (39)
                            ----------  ----------
Backlog as of 06/30/09           221.6          (6)
Engineered Products Group
2008 Revenues                    248.8                   498.4
Incremental effect of
 acquisitions                        -           -           -           -
Effect of currency exchange
 rates                           (12.7)         (5)      (27.8)         (6)
Organic growth                   (50.3)        (20)      (76.2)        (15)
                            ----------  ----------  ----------  ----------
2009 Revenues                    185.8         (25)      394.4         (21)
2008 Orders                      246.8                   498.4
Incremental effect of
 acquisitions                        -           -           -           -
Effect of currency exchange
 rates                           (11.7)         (5)      (22.6)         (5)
Organic growth                   (84.3)        (34)     (176.6)        (35)
                            ----------  ----------  ----------  ----------
2009 Orders                      150.8         (39)      299.2         (40)
Backlog as of  06/30/08          357.6
Incremental effect of
 acquisitions                        -           -
Effect of currency exchange
 rates                           (15.0)         (4)
Organic growth                  (110.6)        (31)
                            ----------  ----------
Backlog as of 06/30/09           232.0         (35)
Consolidated Revenues
2008                             518.1                 1,013.8
Incremental effect of
 acquisitions                     93.0          18       187.3          19
Effect of currency exchange
 rates                           (28.3)         (5)      (60.2)         (6)
Organic growth                  (146.8)        (29)     (242.4)        (24)
                            ----------  ----------  ----------  ----------
2009                             436.0         (16)      898.5         (11)

Contact:
Helen W. Cornell
Executive Vice President, Finance and CFO
(217) 228-8209

(Source: Market Wire )


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