Flowserve Corporation : Flowserve to Present at Gabelli & Co., Inc.'s 23rd Annual Pump, Valve and Energy Infrastructure

  Flowserve Corporation : Flowserve to Present at Gabelli & Co., Inc.'s 23rd
           Annual Pump, Valve and Energy Infrastructure Conference

Conference will be held in New York on February 28, 2013

DALLAS, February 22, 2013 - Flowserve Corp. (NYSE:FLS), a leading provider of
flow control products and services for the global infrastructure markets,
today announced that it will be presenting at the Gabelli & Co., Inc.'s 23rd
Annual Pump, Valve and Energy Infrastructure Conference in New York on
February 28, 2013, beginning at 2:00 p.m. Eastern time.

Presenting at the conference for Flowserve is Michael Taff, senior vice
president, chief financial officer. The live presentation can be accessed via
the Flowserve.com website under the Investor Relations section.

Investor Contact: Mike Mullin, director, investor relations, (972) 443-6636
Media Contact: Steve Boone, director, global communications and public
affairs, (972) 443-6644

About Flowserve: Flowserve Corp. is one of the world's leading providers of
fluid motion and control products and services. Operating in more than 55
countries, the company produces engineered and industrial pumps, seals and
valves as well as a range of related flow management services. More
information about Flowserve can be obtained by visiting the company's Web site
at www.flowserve.com.

Safe Harbor Statement: This news release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, which are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995, as amended. Words or phrases such as, "may," "should," "expects,"
"could," "intends," "plans," "anticipates," "estimates," "believes,"
"forecasts," "predicts" or other similar expressions are intended to identify
forward-looking statements, which include, without limitation, earnings
forecasts, statements relating to our business strategy and statements of
expectations, beliefs, future plans and strategies and anticipated
developments concerning our industry, business, operations and financial
performance and condition.

The forward-looking statements included in this news release are based on our
current expectations, projections, estimates and assumptions. These statements
are only predictions, not guarantees. Such forward-looking statements are
subject to numerous risks and uncertainties that are difficult to predict.
These risks and uncertainties may cause actual results to differ materially
from what is forecast in such forward-looking statements, and include, without
limitation, the following: a portion of our bookings may not lead to completed
sales, and our ability to convert bookings into revenues at acceptable profit
margins; changes in the global financial markets and the availability of
capital and the potential for unexpected cancellations or delays of customer
orders in our reported backlog; our dependence on our customers' ability to
make required capital investment and maintenance expenditures; risks
associated with cost overruns on fixed-fee projects and in taking customer
orders for large complex custom engineered products; the substantial
dependence of our sales on the success of the oil and gas, chemical, power
generation and water management industries; the adverse impact of volatile raw
materials prices on our products and operating margins; economic, political
and other risks associated with our international operations, including
military actions or trade embargoes that could affect customer markets,
particularly Middle Eastern markets and global oil and gas producers, and
non-compliance with U.S. export/re-export control, foreign corrupt practice
laws, economic sanctions and import laws and regulations; our exposure to
fluctuations in foreign currency exchange rates, including in
hyperinflationary countries such as Venezuela; our furnishing of products and
services to nuclear power plant facilities; potential adverse consequences
resulting from litigation to which we are a party, such as litigation
involving asbestos-containing material claims; a foreign government
investigation regarding our participation in the United Nations Oil-for-Food
Program; expectations regarding acquisitions and the integration of acquired
businesses; our relative geographical profitability and its impact on our
utilization of deferred tax assets, including foreign tax credits; the
potential adverse impact of an impairment in the carrying value of goodwill or
other intangible assets; our dependence upon third-party suppliers whose
failure to perform timely could adversely affect our business operations; the
highly competitive nature of the markets in which we operate; environmental
compliance costs and liabilities; potential work stoppages and other labor
matters; access to public and private sources of debt financing; our inability
to protect our intellectual property in the U.S., as well as in foreign
countries; obligations under our defined benefit pension plans; and other
factors described from time to time in our filings with the Securities and
Exchange Commission.

All forward-looking statements included in this news release are based on
information available to us on the date hereof, and we assume no obligation to
update any forward-looking statement.

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Source: Flowserve Corporation via Thomson Reuters ONE
HUG#1680618