DALLAS, TEXAS (Nov. 30, 2006)-Dresser, Inc. today announced it has made an optional prepayment of $20 million on its new $785 million term loan, reducing the total amount outstanding under the facility to $765 million.

On Oct. 31, 2006, Dresser refinanced its U.S. debt with the $785 million term loan and a $150 million revolving credit facility. Prior to the refinancing, the company had made optional prepayments totaling $75 million during 2006 on its then-existing term loan.

The company noted that its operations continue to generate significant positive cash flow and its backlog and bookings remain strong.

About Dresser, Inc.

Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and compression and power systems segments of the energy industry. Headquartered in Dallas, Texas, Dresser has a comprehensive global presence, with approximately 6,000 employees and a sales presence in more than 100 countries worldwide. The company's website is www.dresser.com.

Safe Harbor Statement

This document contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including without limitation, the company's expectations regarding the continuation of positive cash flow and strong backlog and bookings. Actual results may differ from the expectations described in these forward-looking statements, which are subject to factors that are not in every case under the company's control. In addition, see the "Risk Factors" disclosure in the company's Quarterly Report on Form 10-Q for the period ended Sept. 30, 2005.

Because the information herein is based solely on data currently available at this time, it is subject to change as a result of situations over which the company may have no control or influence and should not therefore be viewed as an assurance regarding such information. Additionally, the company is not obligated to make public disclosure of such changes unless required to do so under applicable rules and regulations.

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COMPANY CONTACT:
Jenny Haynes
Vice President of Investor Relations and Communications
(972) 361-9933
jenny.haynes@dresser.com