ITT’s CFO George Minnich to Speak at JP Morgan Conference

White Plains, N.Y. - George Minnich, Chief Financial Officer of ITT Corporation (NYSE:ITT), will present at the JP Morgan Basics and Industrial Conference on Tuesday, June 12, 2007. His comments will begin at 10:45 a.m. EDT.

Mr. Minnich will provide an update on the current state of the business and will discuss a reorganization within the Company’s Fluid Technology group designed to leverage its sales and distribution channels more effectively. In the new structure, most of the Company’s Advanced Water Treatment business has been combined with its global wastewater operations. This change is not expected to impact the Company’s current 2007 financial forecast.

Mr. Minnich’s entire presentation will be webcast live at: www.itt.com/ir .