Pall Corporation Board of Directors Authorizes $250 Million to Repurchase Shares

PORT WASHINGTON, N.Y.–the Board of Directors of Pall Corporation increased the Company’s authorization to repurchase shares of its common stock by $250 million.

As of July 31, 2011, the Company had approximately $200 million remaining from an authorization dated October 16, 2008. Consistent with fiscal year 2011, Pall expects to purchase approximately $150 million worth of Company shares during the course of fiscal year 2012. There are no time restrictions on either authorization.

Larry Kingsley, Pall CEO and president said, “I am convinced that there will be attractive growth and capital allocation opportunities for us to pursue, both internally and externally, on a long-term basis. Shorter term, as we continue to build out our acquisition and integration capabilities, we will improve shareholder return through our repurchase capability.”

About Pall Corporation

Pall Corporation (NYSE:PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company’s engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.7 billion for fiscal year 2011, is an S&P 500 company with almost 11,000 employees serving customers worldwide. To see how Pall is helping enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporation or visit www.pall.com/green.

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