Exhibit 99.1

Pentair, Inc.
5500 Wayzata Blvd., Suite 800
MInneapolis, MN 55416
763 545 1730 Tel
763 656 5400 Fax

News Release

Pentair Reports Third Quarter Net Income Per Share from
Continuing Operations of $0.38; Adjusted EPS of $0.42

• Reports third quarter sales of $663 million, down 23 percent year-over-year.

• Delivers $103 million of free cash flow; Year to date free cash flow at $202 million

• Operating margins in Water Group increase year over year; Technical Products adjusted operating margins over 14 percent

• Introduces fourth quarter adjusted EPS guidance of $0.40 to $0.44 and updates full year adjusted EPS guidance of $1.40 to $1.44.

All financial information and period-to-period references are on a continuing operations basis unless otherwise noted. Reconciliations to discontinued operations as well as GAAP and Non-GAAP reconciliations are in the attached financial tables.

MINNEAPOLIS, Minn. — October 20, 2009 — Pentair, Inc. (NYSE: PNR) today announced third quarter 2009 net earnings per diluted share from continuing operations (EPS) of $0.38. This represents a decrease of 12 percent as compared to the $0.43 of EPS in the third quarter last year. Current period results included a negative $0.04 per share impact from restructuring charges. Adjusting for these items, third quarter 2009 EPS was $0.42, compared to adjusted third quarter 2008 EPS of $0.56, a decrease of 25 percent.

Total company sales decreased 23 percent to $663 million, compared with $856 million in the third quarter of 2008. The company delivered third quarter operating income of $67 million. On an adjusted basis, the company delivered operating income of $74 million versus $101 million in the year-ago quarter. The company’s adjusted operating income in the current quarter excluded the impact of additional severance charges associated with the third quarter elimination of 275 positions not included in prior restructuring. Overall, adjusted operating margins for the third quarter contracted 60 basis points to 11.2 percent. The positive impact from productivity and price did not offset the significant negative impact related to lower volumes.

Total company free cash flow was positive $103 million for the quarter. Year-to-date the company has generated $202 million of free cash flow, which is $95 million more than was generated in the first three quarters of 2008. The company said it remains on track to achieve free cash flow greater than $225 million for 2009.

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“We continue to benefit from our cost actions and remain committed to our full year outlook. Additionally, with our strong free cash flow generation and the investments we have maintained in product innovation and sales and marketing we believe the company remains in an excellent position to benefit as markets recover,” said Randall J. Hogan, Pentair chairman and chief executive officer.

third Quarter Business Highlights

The Water Group delivered $462 million in sales, a 17 percent decline year-over-year. Sales were down 16 percent excluding foreign exchange.

• Flow Technologies sales were down 14 percent versus the year-ago quarter, as growth in the company’s global municipal market did not offset declines in commercial, industrial and residential markets.

• Filtration sales were down 21 percent as sales to global residential, commercial and industrial markets continue to reflect inventory destocking and overall market softness.

• Global Pool sales were down 16 percent as the prolonged decline in North American residential pool markets persists.

The Water Group’s third quarter reported operating income totaled $53 million, up 7 percent as compared to $50 million in the same period last year. In the quarter, the Water Group had $3 million in pre-tax restructuring charges associated with severance from recently announced additional headcount reductions. Excluding these items, third quarter 2009 adjusted operating income was $56 million, down 12 percent versus third quarter 2008 adjusted operating income of $63 million. Adjusted operating margins of 12.1 percent were up 80 basis points as benefits from productivity more than offset the negative impact from volume declines, inflation, and pay-as-you-go restructuring costs.

Technical Products delivered third quarter 2009 sales of $201 million, a decrease of 32 percent versus the year-earlier period. Sales were down 31 percent excluding the impact of foreign exchange.

• Global Electrical sales were down 29 percent as industrial customers continue to reduce capital projects and distributors aggressively reduced inventory levels.

• Global Electronic sales were down 34 percent as each of our major vertical markets contracted.

Technical Products’ third quarter reported operating income totaled $24 million, down 49 percent compared to $48 million in the same quarter last year. Adjusting for a restructuring charge, operating income was $29 million. Adjusted operating margins were 14.4 percent, down 180 basis points versus the third quarter 2008. In the quarter, the benefits from productivity did not offset the negative impact from volume declines and foreign exchange.

“Overall, our third quarter results were solid given the recessionary environment. The results of our productivity actions were reflected in our Water business adjusted margins which expanded 80 basis points year over year despite a 17 percent sales decline,” said Randall J. Hogan, Pentair chairman and chief executive officer. “Additionally, our Technical Products business produced adjusted margins of over 14 percent despite sales declines of 32 percent, which were worse than anticipated and reflected declines in most major end markets.”

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Outlook

The company introduces its fourth quarter reported 2009 EPS guidance range of $0.37 to $0.41 which would be up when compared to fourth quarter 2008 reported EPS of $0.22. Adjusting for non-recurring items in both years (see attached reconciliation table) fourth quarter adjusted EPS is expected to be $0.40 to $0.44 or essentially flat with the year ago quarter. Fourth quarter sales are expected to be down approximately 14 percent.

The company updates its full year reported 2009 EPS guidance to $1.25 to $1.29, which would be down approximately 50 percent when compared to reported full year 2008 EPS. Adjusting for non-recurring items in both years (see attached reconciliation table) full year adjusted 2009 EPS is expected to be $1.40 to $1.44 or down approximately 35 percent year over year. The company continues to anticipate future non-recurring gains from certain tax items but the timing is uncertain so these items are not included in the current full year reported EPS guidance.

“As anticipated, the benefits of our cost actions are rapidly improving our operating margins and earnings,” said Hogan. “Our fourth quarter EPS guidance demonstrates the results of our structural cost savings as we expect earnings to be flat year over year with higher operating margins despite anticipated sales declines.”

“We continue to position the company for market recovery, which we are seeing in some select markets and regions, and expect our operating margins and earnings growth will demonstrate that much of what we’ve accomplished in 2009 is sustainable,” Hogan added.

Earnings Conference Call

Pentair Chairman and CEO Randall J. Hogan and Chief Financial Officer John L. Stauch will discuss the company’s performance and fourth quarter and full year 2009 guidance on a two-way conference call with investors and a live audio webcast at 9 a.m. Eastern today. Reconciliation of non-GAAP financial measures are set forth in the attachments to this third quarter 2009 earnings release and in the third quarter 2009 earning release conference call presentation, both of which can be found at Pentair’s web site (www.pentair.com). Related financial charts and certain other information to be discussed on the conference call will be available on the company’s website shortly before the conference call. The web cast and presentation will be archived at the same site following the conclusion of the conference call.

Caution concerning forward-looking statements

Any statements made about the company’s anticipated financial results are forward-looking statements subject to risks and uncertainties such as the breadth and severity of the global economic downturn; the strength of housing and related markets; the ability to implement our restructuring and other cost reduction plans successfully and the risk that expected benefits may not be fully realized or may take longer to realize than expected; foreign currency effects; retail, commercial and industrial demand; product introductions; and pricing and other competitive pressures, as well as other risk factors set forth in our SEC filings. Forward-looking statements included herein are made as of the date hereof, and the company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.

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About Pentair, Inc.

Pentair (www.pentair.com) is a diversified operating company headquartered in Minnesota. Its Water Group is a global leader in providing innovative products and systems used worldwide in the movement, treatment, storage and enjoyment of water. Pentair’s Technical Products Group is a leader in the global enclosures and thermal management markets, designing and manufacturing thermal management products and standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components. With 2008 revenues of $3.35 billion, Pentair employs approximately 13,100 people worldwide.

Pentair Contacts:
Todd Gleason
Vice President, Strategic Planning & Investor Relations
Tel.: (763) 656-5570
E-mail: todd.gleason@pentair.com

Pentair, Inc. and Subsidiaries
Condensed Consolidated Statements of Income (Unaudited)

	Three months ended						Nine months ended
	September 26			September 27			September 26			September 27
In thousands, except per-share data	2009			2008			2009			2008
Net sales	$	662,665		$	855,815		$	1,990,217		$	2,584,339
Cost of goods sold		455,698			599,862			1,417,539			1,799,282
Gross profit		206,967			255,953			572,678			785,057
% of net sales		31.2	%		29.9	%		28.8	%		30.4	%
Selling, general and administrative		125,578			154,118			361,957			437,831
% of net sales		18.9	%		18.0	%		18.2	%		16.9	%
Research and development		14,707			16,221			43,265			47,303
% of net sales		2.2	%		1.9	%		2.2	%		1.8	%
Legal settlement		—			—			—			20,435
Operating income		66,682			85,614			167,456			279,488
% of net sales		10.1	%		10.0	%		8.4	%		10.8	%
Other (income) expense:
Gain on sale of interest in subsidiaries		—			—			—			(109,648	)
Equity losses of unconsolidated subsidiary		135			669			691			2,433
Loss on early extinguishment of debt		—			4,611			4,804			4,611
Net interest expense		9,711			13,740			31,328			45,691
% of net sales		1.5	%		1.6	%		1.6	%		1.8	%
Income from continuing operations before income taxes and noncontrolling interest		56,836			66,594			130,633			336,401
Provision for income taxes		18,159			21,592			41,808			99,099
Income from continuing operations		38,677			45,002			88,825			237,302
Loss from discontinued operations, net of tax		—			(1,514	)		—			(3,652	)
Loss on disposal of discontinued operations, net of tax		(85	)		(268	)		(153	)		(7,405	)
Net income before noncontrolling interest		38,592			43,220			88,672			226,245
Noncontrolling interest		1,644			2,100			2,531			2,100
Net income attributable to Pentair, Inc.	$	36,948		$	41,120		$	86,141		$	224,145
Net income from continuing operations attributable to Pentair, Inc.	$	37,033		$	42,902		$	86,294		$	235,202
Earnings (loss) per common share attributable to Pentair, Inc.
Basic
Continuing operations	$	0.38		$	0.44		$	0.89		$	2.40
Discontinued operations		—			(0.02	)		—			(0.11	)
Basic earnings per common share	$	0.38		$	0.42		$	0.89		$	2.29
Diluted
Continuing operations	$	0.38		$	0.43		$	0.88		$	2.37
Discontinued operations		—			(0.02	)		—			(0.11	)
Diluted earnings per common share	$	0.38		$	0.41		$	0.88		$	2.26
Weighted average common shares outstanding
Basic		97,496			97,827			97,495			98,049
Diluted		98,641			99,319			98,329			99,372
Cash dividends declared per common share	$	0.18		$	0.17		$	0.54		$	0.51

Pentair, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)

	September 26		December 31		September 27
In thousands	2009		2008		2008
Assets
Current assets
Cash and cash equivalents	$	50,214	$	39,344	$	93,544
Accounts and notes receivable, net		423,125		461,081		511,779
Inventories		366,416		417,287		417,525
Deferred tax assets		52,997		51,354		50,061
Prepaid expenses and other current assets		48,446		63,113		53,383
Current assets of discontinued operations		—		—		18,443
Total current assets		941,198		1,032,179		1,144,735
Property, plant and equipment, net		339,412		343,881		359,543
Other assets
Goodwill		2,127,082		2,101,851		2,128,430
Intangibles, net		506,837		515,508		534,898
Other		67,723		59,794		69,873
Non-current assets of discontinued operations		—		—		13,646
Total other assets		2,701,642		2,677,153		2,746,847
Total assets	$	3,982,252	$	4,053,213	$	4,251,125
Liabilities and Shareholders’ Equity
Current liabilities
Short-term borrowings	$	16	$	—	$	—
Current maturities of long-term debt		98		624		3,913
Accounts payable		199,002		217,898		224,646
Employee compensation and benefits		78,225		90,210		106,939
Current pension and post-retirement benefits		8,890		8,890		8,557
Accrued product claims and warranties		33,179		41,559		42,618
Income taxes		24,302		5,451		9,454
Accrued rebates and sales incentives		27,989		28,897		35,748
Other current liabilities		95,367		104,975		100,890
Current liabilities of discontinued operations		—		—		252
Total current liabilities		467,068		498,504		533,017
Other liabilities
Long-term debt		814,857		953,468		1,035,150
Pension and other retirement compensation		264,472		270,139		164,776
Post-retirement medical and other benefits		32,019		34,723		34,218
Long-term income taxes payable		27,792		28,139		25,356
Deferred tax liabilities		153,984		146,559		183,780
Other non-current liabilities		102,924		101,612		96,941
Non-current liabilities of discontinued operations		—		—		1,665
Total liabilities		1,863,116		2,033,144		2,074,903
Shareholders’ equity		2,119,136		2,020,069		2,176,222
Total liabilities and shareholders’ equity	$	3,982,252	$	4,053,213	$	4,251,125
Days sales in accounts receivable (13 month moving average)		62		57		56
Days inventory on hand (13 month moving average)		92		79		76
Days in accounts payable (13 month moving average)		65		59		58

Pentair, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows (Unaudited)

	Nine months ended
	September 26			September 27
In thousands	2009			2008
Operating activities
Net income before noncontrolling interest	$	88,672		$	226,245
Adjustments to reconcile net income to net cash provided by (used for) operating activities
Loss from discontinued operations		—			3,652
Loss on disposal of discontinued operations		153			7,405
Equity losses of unconsolidated subsidiary		691			2,433
Depreciation		44,186			44,929
Amortization		22,054			20,220
Deferred income taxes		170			25,905
Stock compensation		13,092			15,948
Excess tax benefits from stock-based compensation		(754	)		(1,617	)
(Gain) loss on sale of assets		(177	)		87
Gain on sale of interest in subsidiaries		—			(109,648	)
Changes in assets and liabilities, net of effects of business acquisitions and dispositions
Accounts and notes receivable		46,718			(55,449	)
Inventories		56,459			(27,109	)
Prepaid expenses and other current assets		16,061			(15,785	)
Accounts payable		(18,659	)		2,230
Employee compensation and benefits		(17,883	)		(7,303	)
Accrued product claims and warranties		(8,565	)		(6,572	)
Income taxes		19,166			(6,224	)
Other current liabilities		(9,699	)		9,040
Pension and post-retirement benefits		(12,251	)		592
Other assets and liabilities		747			13,143
Net cash provided by (used for) continuing operations		240,181			142,122
Net cash provided by (used for) operating activities of discontinued operations		(1,531	)		(5,243	)
Net cash provided by (used for) operating activities		238,650			136,879
Investing activities
Capital expenditures		(39,306	)		(39,769	)
Proceeds from sale of property and equipment		817			4,304
Acquisitions, net of cash acquired or received		—			(1,609	)
Divestitures		1,506			29,526
Other		(3,272	)		(7	)
Net cash provided by (used for) investing activities		(40,255	)		(7,555	)
Financing activities
Net short-term borrowings (repayments)		(16	)		(14,180	)
Proceeds from long-term debt		490,000			479,405
Repayment of long-term debt		(628,776	)		(486,492	)
Debt issuance costs		(50	)		(114	)
Excess tax benefits from stock-based compensation		754			1,617
Proceeds from exercise of stock options		1,729			5,140
Repurchases of common stock		—			(37,342	)
Dividends paid		(53,162	)		(50,541	)
Net cash provided by (used for) financing activities		(189,521	)		(102,507	)
Effect of exchange rate changes on cash and cash equivalents		1,996			(4,068	)
Change in cash and cash equivalents		10,870			22,749
Cash and cash equivalents, beginning of period		39,344			70,795
Cash and cash equivalents, end of period	$	50,214		$	93,544
Free cash flow
Net cash provided by (used for) continuing operations	$	240,181		$	142,122
Capital expenditures		(39,306	)		(39,769	)
Proceeds from sale of property and equipment		817			4,304
Free cash flow	$	201,692		$	106,657

Pentair, Inc. and Subsidiaries
Supplemental Financial Information by Reportable Business Segment (Unaudited)

	First Qtr			Second Qtr			Third Qtr			Nine Months
In thousands	2009			2009			2009			2009
Net sales to external customers
Water	$	423,932		$	486,990		$	461,570		$	1,372,492
Technical Products		209,908			206,722			201,095			617,725
Consolidated	$	633,840		$	693,712		$	662,665		$	1,990,217
Intersegment sales
Water	$	289		$	198		$	284		$	771
Technical Products		233			600			544			1,377
Other		(522	)		(798	)		(828	)		(2,148	)
Consolidated	$	—		$	—		$	—		$	—
Operating income (loss)
Water	$	26,976		$	49,781		$	53,085		$	129,842
Technical Products		20,462			23,578			24,356			68,396
Other		(10,224	)		(9,799	)		(10,759	)		(30,782	)
Consolidated	$	37,214		$	63,560		$	66,682		$	167,456
Operating income as a percent of net sales
Water		6.4	%		10.2	%		11.5	%		9.5	%
Technical Products		9.7	%		11.4	%		12.1	%		11.1	%
Consolidated		5.9	%		9.2	%		10.1	%		8.4	%

	First Qtr			Second Qtr			Third Qtr			Nine Months
In thousands	2008			2008			2008			2008
Net sales to external customers
Water	$	544,686		$	594,118		$	557,976		$	1,696,780
Technical Products		285,460			304,260			297,839			887,559
Consolidated	$	830,146		$	898,378		$	855,815		$	2,584,339
Intersegment sales
Water	$	372		$	139		$	305		$	816
Technical Products		1,138			1,034			765			2,937
Other		(1,510	)		(1,173	)		(1,070	)		(3,753	)
Consolidated	$	—		$	—		$	—		$	—
Operating income (loss)
Water	$	65,035		$	59,475		$	49,684		$	174,194
Technical Products		45,337			49,732			47,585			142,654
Other		(13,045	)		(12,660	)		(11,655	)		(37,360	)
Consolidated	$	97,327		$	96,547		$	85,614		$	279,488
Operating income as a percent of net sales
Water		11.9	%		10.0	%		8.9	%		10.3	%
Technical Products		15.9	%		16.3	%		16.0	%		16.1	%
Consolidated		11.7	%		10.8	%		10.0	%		10.8	%

Pentair, Inc. and Subsidiaries
Reconciliation of the GAAP “As Reported” year ending December 31, 2009 to the “Adjusted” non-GAAP
excluding the effect of 2009 adjustments (Unaudited)

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter		Year
In thousands, except per-share data	2009			2009			2009			2009		2009
Net sales	$	633,840		$	693,712		$	662,665		$	655,000-$670,000	approx $2,650M
Operating income — as reported		37,214			63,560			66,682			67,500-72,500	approx 237,500
% of net sales		5.9	%		9.2	%		10.1	%	approx 10.6%		approx 9.0%
Adjustments:
Restructuring and asset impairment		2,824			2,944			7,295		approx 4,500		approx 17,500
Operating income — as adjusted		40,038			66,504			73,977			72,000-77,000	approx 255,000
% of net sales		6.3	%		9.6	%		11.2	%	approx 11.3%		approx 9.6%
Net income from continuing operations attributable to Pentair, Inc. — as reported		17,255			32,006			37,033			36,500-40,500	approx 125,000
Adjustments — tax affected
Restructuring and asset impairment		1,864			1,943			4,815		approx 3,000		approx 11,500
Bond tender		—			3,171			—			—		3,171
Net income from continuing operations attributable to Pentair, Inc. — as adjusted		19,119			37,120			41,848			39,500 - 43,500	approx 140,000
Continuing earnings per common share attributable to Pentair, Inc. — diluted
Diluted earnings per common share — as reported	$	0.18		$	0.33		$	0.38		$	0.37 - $0.41	$	1.25 - $1.29
Adjustments		0.02			0.05			0.04		approx 0.03		approx 0.15
Diluted earnings per common share — as adjusted	$	0.20		$	0.38		$	0.42		$	0.40 - $0.44	$	1.40 - $1.44
Weighted average common shares outstanding — Diluted		97,966			98,422			98,641			98,900		98,500

Pentair, Inc. and Subsidiaries
Reconciliation of the GAAP “As Reported” year ending December 31, 2008 to the “Adjusted” non-GAAP
excluding the effect of 2008 adjustments (Unaudited)

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Year
In thousands, except per-share data	2008			2008			2008			2008			2008
Net sales	$	830,146		$	898,378		$	855,815		$	767,637		$	3,351,976
Operating income — as reported		97,327			96,547			85,614			45,197			324,685
% of net sales		11.7	%		10.7	%		10.0	%		5.9	%		9.7	%
Adjustments:
Restructuring and asset impairment		—			2,586			15,207			28,377			46,170
Horizon settlement		—			20,435			—			—			20,435
Operating income — as adjusted		97,327			119,568			100,821			73,574			391,290
% of net sales		11.7	%		13.3	%		11.8	%		9.6	%		11.7	%
Net income from continuing operations attributable to Pentair, Inc. — as reported		52,463			139,837			42,902			21,161			256,363
Adjustments — tax affected
Restructuring and asset impairment		—			1,707			10,037			18,729			30,473
Horizon settlement		—			13,487			—			—			13,487
Gain on PRF transaction		—			(85,832	)		—			—			(85,832	)
Bond tender		—			—			3,043			—			3,043
Net income from continuing operations attributable to Pentair, Inc. — as adjusted		52,463			69,199			55,982			39,890			217,534
Continuing earnings per common share attributable to Pentair, Inc. — diluted
Diluted earnings per common share — as reported	$	0.53		$	1.41		$	0.43		$	0.22		$	2.59
Adjustments		—			(0.71	)		0.13			0.19			(0.39	)
Diluted earnings per common share — as adjusted	$	0.53		$	0.70		$	0.56		$	0.41		$	2.20
Weighted average common shares outstanding — Diluted		99,558			99,509			99,319			98,299			99,068

Pentair, Inc. and Subsidiaries
Reconciliation of the GAAP “As Reported” year ending December 31, 2009 to the “Adjusted” non-GAAP
excluding the effect of 2009 adjustments (Unaudited)

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Year
In thousands	2009			2009			2009			2009			2009
Water
Net sales	$	423,932		$	486,990		$	461,570		$	445,000-$455,000		approx $1,825M
Operating income — as reported		26,976			49,781			53,085			52,000-57,000			182,000-187,000
% of net sales		6.4	%		10.2	%		11.5	%		11.4% - 12.8	%	approx 10.1%
Adjustments — restructuring and asset impairment		1,464			1,460			2,639		approx 1,500			approx 7,000
Operating income — as adjusted		28,440			51,241			55,724			53,500-58,500			189,000-194,000
% of net sales		6.7	%		10.5	%		12.1	%		11.8% - 13.1	%	approx 10.5%
Technical Products
Net sales	$	209,908		$	206,722		$	201,095		$	210,000-$215,000		approx $830M
Operating income — as reported		20,462			23,578			24,356			27,000-32,000			95,500-100,500
% of net sales		9.7	%		11.4	%		12.1	%		12.6% - 15.2	%	approx 11.8%
Adjustments — restructuring and asset impairment		792			1,139			4,557		approx 3,000			approx 9,500
Operating income — as adjusted		21,254			24,717			28,913			30,000-35,000			105,000-110,000
% of net sales		10.1	%		12.0	%		14.4	%		14.0% - 16.7	%	approx 13.0%

Pentair, Inc. and Subsidiaries
Reconciliation of the GAAP “As Reported” year ending December 31, 2008 to the “Adjusted” non-GAAP
excluding the effect of 2008 adjustments (Unaudited)

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Year
In thousands	2008			2008			2008			2008			2008
Water
Net sales	$	544,686		$	594,118		$	557,976		$	509,362		$	2,206,142
Operating income — as reported		65,035			59,475			49,684			32,163			206,357
% of net sales		11.9	%		10.0	%		8.9	%		6.3	%		9.4	%
Adjustments
Restructuring and asset impairment		—			2,157			13,438			19,628			35,223
Horizon settlement		—			20,435			—			—			20,435
Operating income — as adjusted		65,035			82,067			63,122			51,791			262,015
% of net sales		11.9	%		13.8	%		11.3	%		10.2	%		11.9	%
Technical Products
Net sales	$	285,460		$	304,260		$	297,839		$	258,275		$	1,145,834
Operating income — as reported		45,337			49,732			47,585			26,661			169,315
% of net sales		15.9	%		16.3	%		16.0	%		10.3	%		14.8	%
Adjustments — restructuring and asset impairment		—			429			633			7,209			8,271
Operating income — as adjusted		45,337			50,161			48,218			33,870			177,586
% of net sales		15.9	%		16.4	%		16.2	%		13.1	%		15.5	%