Robbins & Myers Notifies DOJ of Closing Date and Certifies Compliance with Supplemental Information Request in Connection with

  Robbins & Myers Notifies DOJ of Closing Date and Certifies Compliance with
        Supplemental Information Request in Connection with NOV Merger

PR Newswire

HOUSTON, Jan. 18, 2013

HOUSTON, Jan. 18, 2013 /PRNewswire/ --Robbins & Myers, Inc. (NYSE: RBN)
announced today that in accordance with the previously announced timing
agreement with the U.S. Department of Justice ("DOJ"), Robbins & Myers and
National Oilwell Varco, Inc. have notified the DOJ of their intention to close
the proposed merger transaction in which National Oilwell Varco would acquire
all of the outstanding shares of Robbins & Myers for $60.00 per share in cash
on February 19, 2013. The timing agreement was entered into in connection
with the DOJ's review of the proposed merger under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended (the "HSR Act").

Robbins & Myers also announced today that it and National Oilwell Varco have
each certified compliance with the supplemental information request for
records, data and other information from the Canadian Commissioner of
Competition (the "Commission"). Pursuant to the Competition Act of Canada,
the premerger waiting period will expire at 11:59 p.m., Eastern Time, on
February 17, 2013 (which is thirty calendar days after the date of compliance
with the supplementary information request).

The closing of the merger is subject to certain closing conditions, including
clearance by the DOJ under the HSR Act, and clearance by the Commission under
the Competition Act of Canada. Absent a challenge by the DOJ or the
Commission, the transaction will be permitted to close on February 19, 2013.

About Robbins & Myers

Robbins & Myers, Inc. is a leading supplier of engineered,
application-critical equipment and systems in global energy, chemical and
other industrial markets.

Forward-Looking Statements

Statements set forth in this press release that are not historical facts are
forward-looking statements within the meaning of the federal securities laws.
These forward-looking statements are subject to numerous risks and
uncertainties, many of which are beyond the control of Robbins & Myers, which
could cause actual benefits, results, effects and timing to differ materially
from the results predicted or implied by the statements. These risks and
uncertainties include, but are not limited to: satisfaction of the conditions
to the closing of the merger (including the receipt of regulatory approvals);
uncertainties as to the timing of the merger; costs and difficulties relating
to the proposed merger; inability to retain key personnel; changes in the
demand for or price of oil and/or natural gas; and other important risk
factors discussed more fully in Robbins & Myers' final proxy statement filed
with the SEC on November 30, 2012 in connection with the merger, Robbins &
Myers' Annual Report on Form 10-K for the year ended August 31, 2012, its
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other
reports filed by it with the SEC from time to time. Robbins & Myers does not
undertake any obligation to revise or update publicly any forward-looking
statements for any reason.

SOURCE Robbins & Myers, Inc.

Contact: Robbins & Myers, Inc., Kevin Brown, +1-936-856-9109,
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