Dover Hosts Annual Investor Day And Initiates 2013 Guidance

         Dover Hosts Annual Investor Day And Initiates 2013 Guidance

Adjusts 2012 EPS Guidance for Discontinued Operations

PR Newswire

DOWNERS GROVE, Ill., Dec.10, 2012

DOWNERS GROVE, Ill., Dec.10, 2012 /PRNewswire-FirstCall/ --Dover Corporation
(NYSE:DOV) announced that it will share its strategy and financial
expectations for the next three years, including its full-year 2013 guidance,
at its annual Investor Day today in New York City. The Company will also
provide an update to its 2012 guidance, which will include the fourth quarter
impact of the Anthony acquisition as well as the impact from recently
discontinued operations.

Dover is initiating guidance of $5.05 to $5.35 for full-year 2013 earnings per
share from continuing operations ("EPS"). This EPS guidance is based on
full-year organic revenue growth of 3% to 5% and acquisition growth of 4%, for
full-year revenue growth of 7% to 9%.

Dover now expects full-year 2012 EPS to be $4.36 to $4.46, a $0.19 reduction
from the prior forecasted range. The majority of this adjustment is related
to a $0.18 reduction from discontinuing certain businesses serving the
electronic assembly and test markets, as previously announced. In addition,
this update includes a $0.02 reduction related to certain one-time costs
associated with the recent Anthony acquisition and $0.01 of accretion from
fourth quarter share repurchase activity.

The Company's annual Investor Day will begin at 1:00 pm ET and the speakers'
presentations will be available live to all interested parties via webcast,
which can be accessed on the Investor Relations section of the Company's
website at The presentations will also be archived
on the website and will be available starting on December 11, 2012, at 12:00
pm ET.

About Dover

Dover Corporation 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 Corporation is
traded on the New York Stock Exchange under "DOV."Additional information is
available on the company's website at

Forward Looking Statements

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 companies
operate and the U.S. and global economies. Statements in this press release
that are not historical may be indicated by words or phrases such as
"anticipates," "expects," "believes," "indicates," "suggests," "will,"
"plans," "supports," "projects," "should," "would," "could," "hope,"
"forecast" and "management is of the opinion," use of 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, uncertainties in the
credit and capital markets, interest rates, currency exchange rates, the world
economy and sovereign credit, especially in Europe; political events and
possible future terrorist threats that could impact countries where Dover does
business or the worldwide economy; the impact of natural disasters and their
effect on global supply chains and energy markets; increases in the cost of
raw materials; the Company's ability to achieve expected savings from
integration, synergy and other cost-control initiatives; the ability to
identify and successfully consummate value-adding acquisition opportunities;
increased competition and pricing pressures in the markets served by Dover's
operating companies; the ability of Dover's companies to expand into new
geographic markets and to anticipate and meet customer demands for new
products and product enhancements; the impact of loss of a single-source
manufacturing facility; changes in customer demand; a downgrade in Dover's
credit ratings; the relative mix of products and services which impacts
margins and operating efficiencies; short-term capacity constraints; domestic
and foreign governmental and public policy changes including environmental
regulations, tax policies, export subsidy programs, R&E credits and other
similar programs; unforeseen developments in contingencies such as litigation;
protection and validity of patent and other intellectual property rights; and
the cyclical nature of some of Dover's companies. Dover Corporation 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
Corporation undertakes no obligation to update any forward-looking statement.

SOURCE Dover Corporation

Contact: Paul Goldberg, Vice President - Investor Relations, +1-212-922-1640
Press spacebar to pause and continue. Press esc to stop.