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Xylem hosts investor and analyst day, updates 2013 guidance

  Xylem hosts investor and analyst day, updates 2013 guidance

Business Wire

WHITE PLAINS, N.Y. -- March 7, 2013

Xylem Inc. (NYSE: XYL), a leading global water technology company focused on
addressing the world’s most challenging water issues, is hosting an investor
and analyst day today in New York City. Gretchen McClain, president and chief
executive officer, and other members of Xylem’s senior management team will
discuss the company's strategies to achieve sustainable, long-term growth,
including a review of 2017 financial goals. The live event is by invitation
only; audio and video presentations of the entire event will be webcast live
at http://investors.xyleminc.com.

As part of today’s meeting, Xylem is issuing updated guidance reflecting the
recently announced acquisition of MultiTrode Pty Ltd, a privately held
Australia-based water and wastewater technology and services company. Xylem
forecasts full-year 2013 revenue growth of 3 to 4 percent to approximately
$3.9 billion. Full-year 2013 adjusted net income is forecast to grow 1 to 7
percent to $333 to $352 million, for adjusted earnings per share of $1.79 to
$1.89 per share. The company anticipates that restructuring and realignment
costs will range from $60 to $70 million for the year.

About Xylem

Xylem (XYL) is a leading global water technology provider, enabling customers
to transport, treat, test and efficiently use water in public utility,
residential and commercial building services, industrial and agricultural
settings. The company does business in more than 150 countries through a
number of market-leading product brands, and its people bring broad
applications expertise with a strong focus on finding local solutions to the
world’s most challenging water and wastewater problems. Xylem is headquartered
in White Plains, N.Y., with 2012 revenues of $3.8 billion and approximately
12,700 employees worldwide. In 2012, Xylem was named to the Dow Jones
Sustainability World Index for advancing sustainable business practices and
solutions worldwide.

The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of our
water-centric business by linking it with the best water transportation of all
-- that which occurs in nature. For more information, please visit us at
www.xyleminc.com.

Forward-Looking Statements

This document contains information that may constitute “forward-looking
statements.” Forward-looking statements by their nature address matters that
are, to different degrees, uncertain. Generally, the words “anticipate,”
“estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target” and
similar expressions identify forward-looking statements, which generally are
not historical in nature. However, the absence of these words or similar
expressions does not mean that a statement is not forward-looking.

These forward-looking statements include, but are not limited to, statements
about the separation of Xylem Inc. (the “Company”) from ITT Corporation in
2011, capitalization of the Company, future strategic plans and other
statements that describe the Company’s business strategy, outlook, objectives,
plans, intentions or goals, and any discussion of future operating or
financial performance. All statements that address operating performance,
events or developments that we expect or anticipate will occur in the future—
including statements relating to orders, sales, operating margins and earnings
per share growth, and statements expressing general views about future
operating results— are forward-looking statements.

Caution should be taken not to place undue reliance on any such
forward-looking statements because they involve risks, uncertainties and other
factors that could cause actual results to differ materially from those
expressed or implied in, or reasonably inferred from, such statements. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by law. In addition, forward-looking
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from the Company’s historical experience
and our present expectations or projections. These risks and uncertainties
include, but are not limited to, those set forth in Item 1A in our Annual
Report on Form 10-K, and those described from time to time in subsequent
reports filed with the Securities and Exchange Commission.

Contact:

Xylem Inc.
Jennifer Jacob (media)
+1-914-323-5745
Jennifer.Jacob@xyleminc.com
or
Phil DeSousa (investors)
+1-914-323-5930
Phil.DeSousa@xyleminc.com
 
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