Ingersoll-Rand, SDMO Industries Enter Alliance In Generator Market.

Business Editors

WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--March 28, 2000

Ingersoll-Rand Company (NYSE:IR), a leading diversified industrial firm, and SDMO Industries, based in Brest, France, today announced that the two companies have entered into a multi-year agreement under which Ingersoll-Rand will be the exclusive global representative of SDMO's line of generators rated between 15 to 500 kilovolt-amperes (kva) for construction and rental markets.

SDMO Industries is a world leading manufacturer of stationary and portable generators. Ingersoll-Rand will market SDMO manufactured generators through its existing distribution channels that serve construction and rental markets, including European distribution channels previously served directly by SDMO.

"We are pleased to enter into this alliance with SDMO," said Herbert L. Henkel, president and chief executive officer. "This agreement combines a world-class generator product line with Ingersoll-Rand's strong marketing, sales and distribution organization. We are especially pleased to provide customers with another superior solution for their portable power requirements."

Ingersoll-Rand is a major diversified industrial equipment and components manufacturer serving the global growth markets of Climate Control, Industrial Productivity, Infrastructure Development and Security and Safety. The company employs approximately 46,000 people. Further information on Ingersoll-Rand can be found on the company's World Wide Web site at http://www.ingersoll-rand.com.