AMTROL Emerges from Chapter 11.

Company Poised to Invest and Grow after Emerging with a Greatly Strengthened Balance Sheet

Restructuring Lowers Debt by 45% and Greatly Reduces Cost of Debt Capital and Interest Expense

Newport Global Advisors Leads New Ownership, Provides Strategic Backing for the Company

WEST WARWICK, R.I. -- AMTROL Inc. announced today that it has emerged from its Chapter 11 Reorganization cases after the closing of a $128 million exit financing facility. The closing followed the May 24, 2007 confirmation by the United States Bankruptcy Court for the District of Delaware of the First Amended Joint Chapter 11 Plan of Reorganization for Amtrol Holdings Inc., Amtrol Inc., Water Soft LLC and Amtrol International Investments Inc. ("Amtrol" or the "Company"), proposed by Amtrol and the Official Committee of Unsecured Creditors ("Plan").

The Plan received 100% approval from the holders of AMTROL's Senior Subordinated Notes ("Notes") with more than 98% of the holders electing to receive equity in exchange for their Notes. Pursuant to the Plan, the new equity holders, led by Newport Global Advisors, have converted their Notes into equity in the reorganized Company. The restructuring has reduced the Company's debt by 45% and greatly lowered its cost of debt capital and interest expense.

"We are very excited about the new beginning for AMTROL provided by this new capital structure and the strategic backing of Newport Global Advisors. The past several years have seen AMTROL, a long-time industry leader, burdened by too much debt. We look forward to investing in the Company, its people and products much more aggressively than the previous capital structure permitted," said Larry T. Guillemette, Chairman and CEO of the Company.

Merrill Lynch and Credit Suisse arranged the $128 million exit financing that enabled the Company to emerge from bankruptcy. The money was used to repay the debtor-in-possession financing in place during the restructuring, to pay the few Note holders that elected cash as well as the costs and expenses of the bankruptcy cases and to fund the ongoing operations of the Company.

Since the filing in December 2006, AMTROL has continued to operate in the normal course of business and has experienced no disruptions during the Chapter 11 reorganization process. All of the Company's manufacturing and distribution facilities have remained open and have continued to serve customers in the normal course. The Company's foreign operations were not involved in the bankruptcy cases.

The Honorable Kevin Gross of the United States Bankruptcy Court for the District of Delaware is presiding over the Company's bankruptcy cases. AMTROL's principal legal advisors for the proceedings are Douglas Gray, Stuart Brown and William Chipman, Jr., of Edwards Angell Palmer & Dodge LLP. The Company's financial advisor is Miller Buckfire & Co., LLC.

More information about AMTROL's reorganization is available at www.kccllc.net/amtrol or KCC at 888 251 2873.

ABOUT AMTROL:

AMTROL is a leading manufacturer and marketer of water storage and pressure control products, water heaters and cylinders. The Company's major products include pressure tanks used in well water, hydronic heating and potable hot water applications, indirect-fired water heaters, and both LPG and disposable refrigerant gas cylinders. Products are marketed under the Well-X-Trol[R], EXTROL[R], Therm-X-Trol[R] and BoilerMate[TM] brand names.

AMTROL recorded worldwide revenues of $213.1 million in 2006.