8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________

FORM 8-K

________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 18, 2013

________________________________

DOVER CORPORATION

(Exact name of registrant as specified in its charter)

________________________________

State of Delaware	1-4018	53-0257888
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
3005 Highland Parkway
Downers Grove, Illinois		60515
(Address of principal executive offices)		(Zip Code)

(630) 541-1540

(Registrant’s telephone number, including area code)

______________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On July 18, 2013, Dover Corporation (i) issued the Press Release attached hereto as Exhibit 99.1 announcing its results of operations for the second quarter ended June 30, 2013; and (ii) posted on its website at

http://www.dovercorporation.com the presentation slides attached hereto as Exhibit 99.2 for the second quarter ended June 30, 2013.

The information in this Current Report on Form 8-K, including exhibits, is being furnished to the Securities and Exchange Commission (the “SEC”) and shall not be deemed to be incorporated by reference into any of Dover’s filings with the SEC under the Securities Act of 1933.

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired.

Not applicable.

(b) Pro forma financial information.

Not applicable.

(c) Shell company transactions.

Not applicable.

(d) Exhibits.

The following exhibits are furnished as part of this report:

99.1 Dover Corporation Press Release dated July 18, 2013.

99.2 Presentation Slides posted on Dover Corporation’s website at http://www.dovercorporation.com.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Date:	July 18, 2013	DOVER CORPORATION
		(Registrant)
		By:	/s/ Ivonne M. Cabrera
			Ivonne M. Cabrera
			Senior Vice President, General Counsel & Secretary

EXHIBIT INDEX

Number	Exhibit
99.1	Press Release of Dover Corporation dated July 18, 2013
99.2	Presentation Slides posted on Dover Corporation’s website at http://www.dovercorporation.com

EX-99.1

Exhibit 99.1

CONTACT:

Paul Goldberg

Vice President - Investor Relations

(212) 922-1640

DOVER REPORTS SECOND QUARTER2013 RESULTS; PROVIDES FULL-YEAR OUTLOOK

• Reports quarterly revenue of $2.2 billion, an increase of 9% over the prior year

• Delivers quarterly diluted earnings per share from continuing operations of $1.70, an increase of 55% over last year

• Achieves adjusted quarterly diluted earnings per share from continuing operations of $1.36, excluding tax benefits of $0.36 and Knowles spin off costs of $0.02, up 24% from an adjusted prior year

• Reaffirms outlook for full year revenue growth at 7% to 9%

• Expects diluted earnings per share from continuing operations to be in the range of $5.56 to $5.71 after raising the low end of the range, and including tax benefits and incurred spin off costs

Downers Grove, Illinois, July 18, 2013 — Dover (NYSE: DOV) announced today that for the second quarter ended June 30, 2013, revenue was $2.2 billion, an increase of 9% over the prior year period. The revenue increase was driven by organic growth of 5%, an increase of 4% from acquisitions, and a minor impact from foreign exchange. Earnings from continuing operations were $294.4 million, or $1.70 diluted earnings per share (“EPS”), compared to $205.2 million, or $1.10 EPS, in the prior year period, representing increases of 43% and 55%, respectively. EPS from continuing operations includes discrete tax items of $0.36 EPS and Knowles spin off costs of $0.02 EPS recognized in the current quarter. Excluding these items, adjusted EPS from continuing operations for the second quarter of 2013 was $1.36, reflecting an increase of 24% over EPS of $1.10 in the prior year period.

Revenue for the six months ended June 30, 2013 was $4.3 billion, an increase of 7% over the prior year, reflecting organic growth of 2%, a 5% increase from acquisitions, and a minor impact from foreign exchange. Earnings from continuing operations for the six months ended June 30, 2013 were $491.3 million, or $2.82 EPS, compared to $391.6 million, or $2.10 EPS in the prior year period, representing increases of 25% and 34%, respectively. EPS from continuing operations during this period includes discrete tax items of $0.38 EPS and Knowles spin off costs of $0.02 EPS, compared to ($0.01) EPS of discrete tax items in the prior year. Excluding these items, adjusted EPS from continuing operations for the six months ended June 30, 2013 was $2.46, an increase of 17% over an adjusted EPS of $2.11 in the prior year.

Commenting on the second quarter results, Dover's President and Chief Executive Officer, Robert A. Livingston, said, “I am very pleased with our results for the second quarter and the actions we've taken to strengthen our company. The quarter was driven by broad-based growth, particularly among our businesses serving the consumer electronics and refrigeration markets, with solid contribution from our energy and fluids businesses. In all, we posted strong revenue growth of 9%. Segment margin also expanded, where improved performance at Printing & Identification and Engineered Systems helped drive segment margin to 17.3%, a 30 basis point improvement over

last year.”

“We also made progress on several important strategic actions in the quarter. We continued to execute on our share repurchase program, completed four small synergistic acquisitions, and most importantly, announced our intention to spin off several businesses within our Communication Technologies segment to our shareholders, which is progressing as planned. Taken together, these actions demonstrate Dover's ongoing commitment to create significant shareholder value.”

“Looking ahead, 2013 remains largely consistent with the view we previously shared. We continue to expect full year organic revenue growth of 3% to 5%, complemented by acquisition growth of 4%, resulting in total revenue growth of 7% to 9%. Based on our solid second quarter performance, we are taking up the low end of our earnings guidance range. In addition, we are adjusting full year guidance to include discrete tax benefits and incurred spin off costs. As a result, our revised guidance for full year EPS is now $5.56 to $5.71. This range does not include any prospective Knowles spin off costs to be incurred in the next several quarters.”

Net earnings for the second quarter of 2013 were $330.0 million or $1.91 EPS, including earnings from discontinued operations of $35.7 million, or $0.21 EPS, compared to net earnings of $214.1 million, or $1.15 EPS, for the same period of 2012, which included earnings from discontinued operations of $8.9 million, or $0.05 EPS. Reflected within discontinued operations was a goodwill impairment charge of $18.7 million, net of tax, or $0.11 EPS, connected with the anticipated sale of our electronic test and assembly businesses, and discrete tax benefits of $42.7 million, or $0.25 EPS.

Net earnings for the six months ended June 30, 2013 were $540.1 million, or $3.10 EPS, including net earnings from discontinued operations of $48.7 million, or $0.28 EPS, compared to net earnings of $410.2 million, or $2.20 EPS, for the same period of 2012, which included net earnings from discontinued operations of $18.6 million or $0.10 EPS. Reflected within discontinued operations was a goodwill impairment charge of $18.7 million, net of tax, or $0.11 EPS, connected with the anticipated sale of our electronic test and assembly businesses, and discrete tax benefits of $52.4 million, or $0.30 EPS.

Dover will host a webcast of its second quarter 2013 conference call at 10:00 A.M. Eastern Time (9:00 A.M. Central Time) on Thursday, July 18, 2013. The webcast can be accessed on the Dover website at www.dovercorporation.com. The conference call will also be made available for replay on the website. Additional information on Dover’s second quarter results and its operating segments can also be found on the Company’s website.

About Dover:

Dover is a diversified global manufacturer with annual revenues of over $8 billion. For over 50 years, Dover has been delivering outstanding products and services that reflect its market leadership and commitment to operational and technical excellence. The Company's entrepreneurial business model encourages, promotes and fosters deep customer engagement which has led to Dover's well-established and valued reputation for providing superior customer service and industry-leading product innovation. Dover focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Communication Technologies, Energy, Engineered Systems and Printing & Identification. Headquartered in Downers Grove, Illinois, Dover employs 35,000 people worldwide.Dover is traded on the New York Stock Exchange under “DOV.” Additional information is available on our website at www.dovercorporation.com.

Forward-Looking Statement:

This press release contains “forward-looking” statements within the meaning of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, operating and strategic plans, income, earnings, cash flows, changes in operations, operating improvements, industries in which Dover businesses operate and the U.S. and global economies. Statements in this press release that are not historical are hereby identified as “forward-looking statements” and may be indicated by words or phrases such as “anticipates,”“expects,”“believes,”“indicates,”“suggests,” “will,” “plans,” “supports,” “projects,” “should,” “would,” “could,” “forecast” and “management is of the opinion,” or the use of the future tense and similar words or phrases. Forward-looking statements are subject to inherent risks and uncertainties that could cause actual results to differ materially from current expectations, including, but not limited to, the state of the worldwide economy and sovereign credit, especially in Europe; political events that could impact the worldwide economy; the impact of natural disasters and their effect on global supply chains and energy markets; current economic conditions and uncertainties in the credit and capital markets; instability in countries where Dover conducts business; the ability of Dover's businesses to expand into new geographic markets and to anticipate and meet customer demands for new products and product enhancements; increased competition and pricing pressures in the markets served by Dover's businesses; the impact of the proposed spin off and our ability to consummate it on the anticipated time line or terms; the terms and timing of the sale of any business in discontinued operations; the impact of loss of a single-source manufacturing facility; changes in customer demand or loss of a significant customer; the relative mix of products and services which impacts margins and operating efficiencies; short-term capacity constraints; increases in the cost of raw materials; domestic and foreign governmental and public policy changes including environmental regulations, conflict minerals disclosure requirements, and tax policies (including domestic and international export subsidy programs, R&E credits and other similar programs); protection and validity of patent and other intellectual property rights; the ability to identify and successfully consummate value-adding acquisition opportunities; Dover's ability to achieve expected savings from integration, synergy and other cost-control initiatives; unforeseen developments in contingencies such as litigation; international economic conditions including interest rate and currency exchange rate fluctuations; possible future terrorist threats and their effect on the worldwide economy; and a downgrade in Dover's credit ratings. Dover refers you to the documents that it files from time to time with the Securities and Exchange Commission, such as its reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks and uncertainties that could cause its actual results to differ materially from its current expectations and from the forward-looking statements contained in this press release. Dover undertakes no obligation to update any forward-looking statement, except as required by law.

INVESTOR SUPPLEMENT - SECOND QUARTER2013

DOVER CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS

(unaudited)(in thousands, except per share data)

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013			2012
Revenue	$	2,228,763	$	2,038,289	$	4,268,336		$	3,992,903
Cost of goods and services	1,372,811		1,261,187		2,635,762			2,469,721
Gross profit	855,952		777,102		1,632,574			1,523,182
Selling and administrative expenses	505,628		466,089		990,049			920,078
Operating earnings	350,324		311,013		642,525			603,104
Interest expense, net	30,280		29,715		60,524			59,746
Other expense (income), net	2,543		364		(2,176		)	2,149
Earnings before provision for income taxes and discontinued operations	317,501		280,934		584,177			541,209
Provision for income taxes	23,149		75,778		92,836			149,644
Earnings from continuing operations	294,352		205,156		491,341			391,565
Earnings from discontinued operations, net	35,697		8,945		48,711			18,599
Net earnings	$	330,049	$	214,101	$	540,052		$	410,164
Comprehensive earnings	$	332,989	$	120,514	$	511,713		$	357,819
Basic earnings per common share:
Earnings from continuing operations	$	1.72	$	1.12	$	2.85		$	2.13
Earnings from discontinued operations, net	0.21		0.05		0.28			0.10
Net earnings	1.93		1.17		3.13			2.23
Weighted average shares outstanding	171,111		183,494		172,273			183,625
Diluted earnings per common share:
Earnings from continuing operations	$	1.70	$	1.10	$	2.82		$	2.10
Earnings from discontinued operations, net	0.21		0.05		0.28			0.10
Net earnings	1.91		1.15		3.10			2.20
Weighted average shares outstanding	173,097		185,780		174,325			186,171
Dividends paid per common share	$	0.35	$	0.315	$	0.70		$	0.63

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION

(unaudited)(in thousands)

	2013									2012
	Q1			Q2			Q2 YTD			Q1			Q2			Q2 YTD			Q3			Q4			FY 2012
REVENUE
Communication Technologies	$	372,790		$	401,477		$	774,267		$	357,575		$	361,689		$	719,264		$	396,470		$	400,851		$	1,516,585
Energy	561,198			573,471			1,134,669			531,570			538,786			1,070,356			562,263			539,985			2,172,604
Engineered Systems
Fluid Solutions	203,991			226,882			430,873			180,364			211,974			392,338			218,324			206,500			817,162
Refrigeration & Industrial	664,294			777,396			1,441,690			642,213			674,501			1,316,714			674,116			613,012			2,603,842
Eliminations	(352		)	(383		)	(735		)	(453		)	(352		)	(805		)	(319		)	(336		)	(1,460		)
	867,933			1,003,895			1,871,828			822,124			886,123			1,708,247			892,121			819,176			3,419,544
Printing & Identification	237,877			250,646			488,523			243,570			251,875			495,445			246,945			254,141			996,531
Intra-segment eliminations	(225		)	(726		)	(951		)	(225		)	(184		)	(409		)	(194		)	(322		)	(925		)
Total consolidated revenue	$	2,039,573		$	2,228,763		$	4,268,336		$	1,954,614		$	2,038,289		$	3,992,903		$	2,097,605		$	2,013,831		$	8,104,339
NET EARNINGS
Segment Earnings:
Communication Technologies	$	44,208		$	51,789		$	95,997		$	46,556		$	50,322		$	96,878		$	63,706		$	58,376		$	218,960
Energy	139,545			132,926			272,471			132,115			133,936			266,051			139,038			133,561			538,650
Engineered Systems	117,178			165,440			282,618			122,092			133,808			255,900			144,245			101,807			501,952
Printing & Identification	29,752			35,967			65,719			26,089			28,918			55,007			39,502			40,650			135,159
Total Segments	330,683			386,122			716,805			326,852			346,984			673,836			386,491			334,394			1,394,721
Corporate expense / other (1)	33,763			38,341			72,104			36,546			36,335			72,881			32,001			31,127			136,009
Net interest expense	30,244			30,280			60,524			30,031			29,715			59,746			30,399			30,996			121,141
Earnings from continuing operations before provision for income taxes	266,676			317,501			584,177			260,275			280,934			541,209			324,091			272,271			1,137,571
Provision for income taxes	69,687			23,149			92,836			73,866			75,778			149,644			90,761			64,047			304,452
Earnings from continuing operations	196,989			294,352			491,341			186,409			205,156			391,565			233,330			208,224			833,119
Earnings (loss) from discontinued operations, net	13,014			35,697			48,711			9,654			8,945			18,599			7,716			(48,364		)	(22,049		)
Net earnings	$	210,003		$	330,049		$	540,052		$	196,063		$	214,101		$	410,164		$	241,046		$	159,860		$	811,070
SEGMENT OPERATING MARGIN
Communication Technologies	11.9		%	12.9		%	12.4		%	13.0		%	13.9		%	13.5		%	16.1		%	14.6		%	14.4		%
Energy	24.9		%	23.2		%	24.0		%	24.9		%	24.9		%	24.9		%	24.7		%	24.7		%	24.8		%
Engineered Systems	13.5		%	16.5		%	15.1		%	14.9		%	15.1		%	15.0		%	16.2		%	12.4		%	14.7		%
Printing & Identification	12.5		%	14.3		%	13.5		%	10.7		%	11.5		%	11.1		%	16.0		%	16.0		%	13.6		%
Total Segment	16.2		%	17.3		%	16.8		%	16.7		%	17.0		%	16.9		%	18.4		%	16.6		%	17.2		%
DEPRECIATION AND AMORTIZATION EXPENSE
Communication Technologies	$	35,501		$	37,719		$	73,220		$	31,513		$	32,828		$	64,341		$	32,997		$	35,281		$	132,619
Energy	26,298			26,599			52,897			21,184			23,533			44,717			24,639			25,721			95,077
Engineered Systems	31,551			32,282			63,833			19,582			23,913			43,495			23,060			27,066			93,621
Printing & Identification	7,630			7,606			15,236			8,331			8,496			16,827			8,777			7,998			33,602
Corporate	859			1,026			1,885			700			765			1,465			842			359			2,666
	$	101,839		$	105,232		$	207,071		$	81,310		$	89,535		$	170,845		$	90,315		$	96,425		$	357,585
(1) Includes $3.3 million of incurred Knowles spin off costs in Q2 2013.

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION

(continued)

(unaudited)(in thousands)

	2013									2012
	Q1			Q2			Q2 YTD			Q1			Q2			Q2 YTD			Q3			Q4			FY 2012
BOOKINGS
Communication Technologies	$	379,122		$	422,293		$	801,415		$	347,291		$	387,058		$	734,349		$	411,005		$	363,624		$	1,508,978
Energy	620,640			525,612			1,146,252			585,775			530,352			1,116,127			526,824			550,091			2,193,042
Engineered Systems
Fluid Solutions	223,764			213,359			437,123			184,711			204,139			388,850			197,767			209,872			796,489
Refrigeration & Industrial	755,026			784,904			1,539,930			711,911			666,223			1,378,134			600,065			606,931			2,585,130
Eliminations	(373		)	(432		)	(805		)	(408		)	(376		)	(784		)	(258		)	(399		)	(1,441		)
	978,417			997,831			1,976,248			896,214			869,986			1,766,200			797,574			816,404			3,380,178
Printing & Identification	237,217			259,282			496,499			249,773			251,733			501,506			244,611			252,937			999,054
Intra-segment eliminations	(720		)	(137		)	(857		)	(609		)	(221		)	(830		)	(759		)	(1,020		)	(2,609		)
Total consolidated bookings	$	2,214,676		$	2,204,881		$	4,419,557		$	2,078,444		$	2,038,908		$	4,117,352		$	1,979,255		$	1,982,036		$	8,078,643
BACKLOG
Communication Technologies	$	458,765		$	480,426					$	451,110		$	476,745					$	491,041		$	453,172
Energy	311,793			255,544						296,360			282,364						248,233			256,093
Engineered Systems
Fluid Solutions	178,854			184,142						191,327			172,300						156,191			160,890
Refrigeration & Industrial	592,922			597,838						598,910			586,824						515,285			516,559
Eliminations	(178		)	(227		)				(132		)	(155		)				(94		)	(157		)
	771,598			781,753						790,105			758,969						671,382			677,292
Printing & Identification	95,353			103,864						102,117			98,216						98,356			97,857
Intra-segment eliminations	(886		)	(578		)				(986		)	(648		)				(324		)	(591		)
Total consolidated backlog	$	1,636,623		$	1,621,009					$	1,638,706		$	1,615,646					$	1,508,688		$	1,483,823

DOVER CORPORATION

QUARTERLY EARNINGS PER SHARE

(unaudited)(in thousands, except per share data*)

	2013						2012
	Q1		Q2		Q2 YTD		Q1		Q2		Q2 YTD		Q3		Q4			FY 2012
Basic earnings (loss) per common share:
Continuing operations	$	1.14	$	1.72	$	2.85	$	1.01	$	1.12	$	2.13	$	1.28	$	1.17		$	4.59
Discontinued operations	0.08		0.21		0.28		0.05		0.05		0.10		0.04		(0.27		)	(0.12		)
Net earnings	1.21		1.93		3.13		1.07		1.17		2.23		1.33		0.90			4.47
Diluted earnings (loss) per common share:
Continuing operations	$	1.12	$	1.70	$	2.82	$	1.00	$	1.10	$	2.10	$	1.27	$	1.16		$	4.53
Discontinued operations	0.07		0.21		0.28		0.05		0.05		0.10		0.04		(0.27		)	(0.12		)
Net earnings	1.20		1.91		3.10		1.05		1.15		2.20		1.31		0.89			4.41
Adjusted diluted earnings per common share (calculated below):
Continuing operations	$	1.10	$	1.36	$	2.46	$	1.01	$	1.10	$	2.11	$	1.25	$	1.09		$	4.44
Net earnings (loss) and average shares used in calculated earnings (loss) per share amounts are as follows:
Net earnings (loss):
Continuing operations	$	196,989	$	294,352	$	491,341	$	186,409	$	205,156	$	391,565	$	233,330	$	208,224		$	833,119
Discontinued operations	13,014		35,697		48,711		9,654		8,945		18,599		7,716		(48,364		)	(22,049		)
Net earnings	210,003		330,049		540,052		196,063		214,101		410,164		241,046		159,860			811,070
Average shares outstanding:
Basic	173,448		171,111		172,273		183,737		183,494		183,625		181,763		177,257			181,551
Diluted	175,567		173,097		174,325		186,706		185,780		186,171		183,932		179,365			183,993

Note:
Earnings from continuing operations are adjusted by discrete tax items and incurred Knowles spin off costs to derive adjusted earnings from continuing operations and adjusted diluted earnings per common share as follows:
	2013								2012
	Q1		Q2			Q2 YTD			Q1			Q2			Q2 YTD			Q3		Q4		FY 2012
Adjusted earnings from continuing operations:
Earnings from continuing operations	$	196,989	$	294,352		$	491,341		$	186,409		$	205,156		$	391,565		$	233,330	$	208,224	$	833,119
Gains (losses) from discrete and other tax items	4,525		61,477			66,002			(1,610		)	(372		)	(1,982		)	4,513		13,606		16,137
Knowles spin off costs	—		(3,322		)	(3,322		)	—			—			—			—		—		—
Adjusted earnings from continuing operations	$	192,464	$	236,197		$	428,661		$	188,019		$	205,528		$	393,547		$	228,817	$	194,618	$	816,982
Adjusted diluted earnings per common share:
Earnings from continuing operations	$	1.12	$	1.70		$	2.82		$	1.00		$	1.10		$	2.10		$	1.27	$	1.16	$	4.53
Gains (losses) from discrete and other tax items	0.02		0.36			0.38			(0.01		)	—			(0.01		)	0.02		0.07		0.09
Knowles spin off costs	—		(0.02		)	(0.02		)	—			—			—			—		—		—
Adjusted earnings from continuing operations	$	1.10	$	1.36		$	2.46		$	1.01		$	1.10		$	2.11		$	1.25	$	1.09	$	4.44
* Per share data may not add due to rounding.

DOVER CORPORATION

QUARTERLY FREE CASH FLOW

(unaudited)(in thousands)

	2013									2012
	Q1			Q2			Q2 YTD			Q1			Q2			Q2 YTD			Q3			Q4			FY 2012
Cash flow from operating activities	$	78,326		$	304,729		$	383,055		$	161,327		$	243,363		$	404,690		$	285,811		$	570,659		$	1,261,160
Less: Additions to property, plant and equipment	(47,153		)	(53,284		)	(100,437		)	(68,249		)	(72,758		)	(141,007		)	(67,842		)	(88,163		)	(297,012		)
Free cash flow	$	31,173		$	251,445		$	282,618		$	93,078		$	170,605		$	263,683		$	217,969		$	482,496		$	964,148
Free cash flow as a percentage of earnings from continuing operations	15.8		%	85.4		%	57.5		%	49.9		%	83.2		%	67.3		%	93.4		%	231.7		%	115.7		%
Free cash flow as a percentage of revenue	1.5		%	11.3		%	6.6		%	4.8		%	8.4		%	6.6		%	10.4		%	24.0		%	11.9		%

EX-99.2

Second Quarter 2013 Earnings Conference Call July 18, 2013 - 9:00am CT

Forward Looking Statements We want to remind everyone that our comments may contain forward-looking statements that are inherently subject to uncertainties. We caution everyone to be guided in their analysis of Dover by referring to our Forms 10-K and 10-Q for a list of factors that could cause our results to differ from those anticipated in any such forward-looking statements. We would also direct your attention to our internet site, www.dovercorporation.com, where considerably more information can be found. 2

$0.60 $0.90 $1.20 $1.50 $1.80 Q1* Q2 Q3* Q4* Q1* Q2* Q2 2013 Performance Continuing Earnings Per Share • Strong revenue growth in consumer electronics and refrigeration markets; solid growth in energy and fluids markets • North America markets modestly positive, served China markets are strong, Europe is stable • Improved margin of 17.3%, includes $4 million of incremental restructuring charges •Bookings growth of 8% is broad based, with 15% growth in Engineered Systems, 9% in Communication Technologies, 3% in Printing & Identification, and -1% in Energy • Overall book-to-bill of 0.99 Q2 Q2/Q2 * Includes discrete & other tax benefits of -$0.01 in Q1 2012, $0.02 in Q3 2012, $0.07 in Q4 2012, $0.02 in Q1 2013 and $0.36 in Q2 2013; includes spin off costs of $0.02 in Q2 2013 (a) See Press Release filed under Form 8-K for free cash flow reconciliation 3 Quarterly Comments Discrete tax benefits / Spin off costs 2012 Adjusted continuing earnings per share FY $4.53 2013 Revenue $2.2B 9% $4.3B 7% EPS (cont.) $1.70 55% $2.82 34% Bookings $2.2B 8% $4.4B 7% Seg. Margins 17.3% 30 bps 16.8% -10 bps Organic Rev. 5% 2% Acq. Growth 4% 5% FCF (a) $251M 47% $283M 7% 1H 1H/1H

4 Revenue Q2 2013 Communication Technologies Energy Engineered Systems Printing & Identification Total Dover Organic 11% 5% 4% - 5% Acquisitions - 2% 9% - 4% Currency - -1% - - - Total 11% 6% 13% Flat 9% 1H 2013 Communication Technologies Energy Engineered Systems Printing & Identification Total Dover Organic 8% 2% - -1% 2% Acquisitions - 4% 10% - 5% Currency - - - -1% - Total 8% 6% 10% -2% 7%

$664 $777 $238 $251 $373 $401 $561 $573 $204 $227 $0 $350 $700 $1,050 DCT Q1 DCT Q2 DE Q1 DE Q2 DES Q1 DES Q2 DPI Q1 DPI Q2 $755 $785 $237 $259 $379 $422 $621 $526 $224 $213 $0 $350 $700 $1,050 DCT Q1 DCT Q2 DE Q1 DE Q2 DES Q1 DES Q2 DPI Q1 DPI Q2 Sequential Results – Q1 13 → Q2 13 Fluid Solutions ↑ 8% ↑ 2% Refrigeration & Industrial ↑ 11% ↓ 15% ↑ 2% ↑ 9% $ in millions 5 Bookings ↑ 16% ↑ 5% Revenue

6 Communication Technologies • Solid growth in Consumer Electronics markets, particularly smart phones • Samsung drives demand for MEMs mics; other OEMs scheduled to launch new products in 3rd or 4th quarter • Medical Technology, Aerospace/Defense and Telecom/Other markets generally stable • Margin impacted by incremental restructuring of about $9M • Book-to-bill at 1.05 $ in millions Q2 2013 Q2 2012 % Change Revenue $401 $362 11% Earnings $ 52 $ 50 3% Margin 12.9% 13.9% -100 bps Bookings $422 $387 9% Quarterly Comments Revenue by End-Market % of Q2 Revenue Y / Y Growth Consumer Electronics 49% 27% Medical Technology 15% -1% Aerospace / Defense 26% -1% Telecom / Other 10% -

7 Energy • Revenue growth across all three markets • Oil prices remain supportive of continued investment in production and international markets are robust • Margin reflects product mix, product development costs, and investments in international growth • Bookings impacted by unusually weak Canadian market due to spring thaw and severe weather • Book-to-bill at 0.92 $ in millions Quarterly Comments Q2 2013 Q2 2012 % Change Revenue $573 $539 6% Earnings $133 $134 -1% Margin 23.2% 24.9% -170 bps Bookings $526 $530 -1% Revenue by End-Market % of Q2 Revenue Y / Y Growth Drilling 19% 3% Production 54% 6% Downstream 27% 10%

8 Engineered Systems • Record revenue driven by recent acquisitions, and strong results in the food equipment, fluids and environmental markets • Anthony continues to perform well with strong growth from its close-the-case activity • Margin performance reflects strong execution in fluids and refrigeration & industrial • Bookings growth reflects acquisitions and strong food equipment markets • Book-to-bill at 0.99 $ in millions Quarterly Comments Q2 2013 Q2 2012 % Change Revenue $1,004 $886 13% Earnings $ 165 $134 24% Margin 16.5% 15.1% 140 bps Bookings $ 998 $870 15% Revenue by End-Market % of Q2 Revenue Y / Y Growth Fluids 22% 7% Refrigeration & Food Equipment 46% 26% Industrial 32% 2%

Printing & Identification • Revenue growth in fast moving consumer goods offsets sluggish bar coding activity • Operating margin increase reflects the benefits of prior restructuring and continued focus on productivity • Bookings growth reflects growth in fast moving consumer goods markets •Book-to-bill at 1.03 $ in millions Quarterly Comments Q2 2013 Q2 2012 % Change Revenue $251 $252 - Earnings $ 36 $ 29 24% Margin 14.3% 11.5% 280 bps Bookings $259 $252 3% 9 Revenue by End-Market % of Q2 Revenue Y / Y Growth Fast Moving Consumer Goods 59% 1% Industrial 41% -2%

Q2 2013 Overview Q2 2013 Net Interest Expense $30 million, $600K higher than last year, in-line with expectations Corporate Expense $38.0 million, up $2 million from last year reflecting spin off costs. Effective Tax Rate (ETR) Q2 normalized rate was 26.7%, excluding $0.36 cents of discrete tax benefits, representing the finalization of various domestic and international tax audits(a) Capex $53 million, in-line with expectations Share Repurchases Repurchased 758K shares ($59M) in quarter under the November $1 billion program. 10 (a) See press release filed under form 8-K for reconciliation

FY 2013 Guidance – Revenue Growth by Segment 11 Segment 2012 Revenue Mix 2013F Organic Growth 2013F Acquisition Growth* Total Communication Technologies 19% 9% - 11% - 9% - 11% Energy 27% 3% - 5% ≈ 2% 5% - 7% Engineered Systems 42% 2% - 4% ≈ 8% 10% - 12% Printing & Identification 12% 1% - 2% - 1% - 2% Total ≈ $8.1 B 3% - 5% ≈ 4% 7% - 9% * Acquisitions already completed

FY 2013 Guidance  Revenue: • Organic revenue : ≈ 3% - 5% • Acquisitions: ≈ 4% • Total revenue: ≈ 7% - 9%  Corporate expense: ≈ $150 million  Interest expense: ≈ $127 million  Full-Year Tax Rate: ≈ 27% - 27.5%(a)  Capital expenditures: ≈ 3.1% of revenue  FCF for full year: ≈ 10% of revenue 12 2013 EPS from continuing ops: $5.56 – $5.71 (a) Pre discrete tax adjustments and the tax impact of Knowles spin off costs

 2012 EPS – Continuing Ops $4.53 • Less 2012 tax benefits (1): ($0.09)  2012 Adjusted EPS – Continuing Ops $4.44 • Volume, mix, price (inc. FX): $0.31 - $0.44 • Net benefits of productivity: $0.20 - $0.25 • Acquisitions: $0.13 - $0.15 • Investment / Compensation: ($0.16 - $0.23) • Corporate expense: ($0.05) • Interest / Shares / Tax Rate (net): $0.33 - $0.35 • Spin-off costs(2): ($0.02) • 2013 tax benefits(3): $0.38  2013 EPS – Continuing Ops $5.56 - $5.71 2013 EPS Guidance Bridge - Cont. Ops (1) Negligible amounts in Q1 2012 & Q2 2012, $0.02 in Q3 2012 and $0.07 in Q4 2012 13 (3) $0.02 in Q1 2013 and $0.36 in Q2 2013 (2) Incurred in Q2 2013; does not include prospective 2013 costs

Appendix – Reconciliations 14  EPS – Continuing Ops $1.70 $2.82 • Discrete tax items: ($0.36) ($0.38) • Knowles spin-off costs: $0.02 $0.02  Adjusted EPS – Continuing Ops $1.36 $2.46 Q2 2013 1H 2013 ADJUSTED EPS FROM CONTINUING OPERATIONS GUIDANCE - EPS FROM CONTINUING OPERATIONS  Prior EPS Guidance – Continuing Ops $5.05 - $5.35 • Solid second quarter performance: $0.15 • Discrete tax items: $0.38 - $0.38 • Knowles spin-off costs: ($0.02 - $0.02)  Updated EPS – Continuing Ops $5.56 - $5.71