Sales Meeting, Sarasota, FL OPW Suzhou & Asia Pacific Introduction January 14, 2011

2 Content Company Background Strategic Intents of OPW China Review Elements of the External Business Environment - Macroeconomics, Market Sizes OPW China Growth Strategy Synergy Program in Suzhou 1.OPW FC 2.OPW FTG 3.Colder (CPC) 4.De-Sta-Co

3 OPW Suzhou Background Established in February 2003, Registered Capital: $600,000 Relocated to Current Site in July 2009; Space: 7,500 Sq/Meter Received UL Approvals in November 2003; Received ISO in June 2006(upgraded to 2008 version in 8/2010); received ATEX Approvals on May 2007 Total 145 Employees (Production: 110; Finance, Admin & HR: 10; Sales & Marketing: 13; Service: 12; IT Support: 1) Production Lines (7): 3 Nozzle Lines; 66V Breakaway/Sight Glass Cell; 10-Valve Cell; Automatic Tank Gauge Sub-Assembly Line; Vapor Recovery Repair/Rebuilt Line Capacity: 850 Nozzles/Day/Shift Service Centers in Suzhou & 3 Regional Offices to Support Sales, Marketing & After-Sale-Service Nationwide

4 Expert in Fueling Stations

5 Our Mission & Vision MISSION STATEMENT: Revolutionizing fueling operations globally by optimizing safety, efficiency, reliability, and environmental sustainability through innovative fuel handling and information management solutions. VISION STATEMENT: Consistently deliver the most innovative and compelling fueling solutions to the world. VALUE DISCIPLINE: Parity with competition on: Customer Intimacy Operational Excellence Product Leadership

6 Strategic Intents – OPW China Locate the Factory in a Market Where the Local Demand Is High and Competitors Are Evolving Create A Low Cost Manufacturing Location to Compete with Imitation Products (Inside & Outside of China) Establish service network within Asia Pacific Region to improve customer satisfaction & competitiveness Assist Sourcing Projects for Other OPW Operations Worldwide Become A Manufacturing Base to Supply Labor-Intensive Products to Other Markets/Business Units

77 OPW Asia Pacific Organization MD Richard Chen NE Asia RegionIndia RegionChina Region Fin & Admin Manager Richard Yuan IT Manager Derek Lin Deputy GM for Sales/Service/Mkt Rod Zhong Finance HR/Admin Sales Director of China George Wen Sales Dept Marketing & Admin Tech Support Beijing Office Shanghai Office Guangzhou Office Beijing Office Shanghai Office Guangzhou Office GM Assistant Watt Wang Sales Director S.M.Kelkar Fin & HR Controller Anni Phadke Sales Manager Taiwan Teki Huang ASEAN Region Sales Manager Philippines Jovie Reyes Operations Manager Howard Nie ProductionR&D Sales Manager Sanjay Khanna Service Manager Ashok Shinde QC Project PC&L Customer Service Finance HR

8 OPW in Asia Pacific Mumbai Beijing Shanghai Suzhou Factory Guangzhou Taipei Manila New Delhi DFM Chennai Bangalore Kolkata OPW Asia Pacific

9 Yesterday vs Today CHINA 2003 INDIA

10 Macroeconomic – Asia Pacific World GDP Ranking – Asia Pacific (Nominal) World economic outlook database, April 2010, IMF Country （ rank ） China4322 Japan2233 India South Korea1115 Indonesia Australia Taiwan Thailand Malaysia Philippines

11 Asia Pacific GDP 11 CANDA UNITED STATES MEXICO BRAZIL UNITED KINGDOM GERMANY FRANCE RUSSIA INDIA JAPAN SOUTH KOREA INDONESIA AUSTRALIA Real GDP(%) Population 22.4m AUSTRALIA Real GDP(%) Population 193.1m BRAZIL Real GDP(%) Population 34.1m CANADA Real GDP(%) Population 1.34 b CHINA Real GDP(%) Population 65.4m FRANCE Real GDP(%) Population:- EUROPEAN UNION Real GDP(%) Population 81.8m GERMANY Real GDP(%) Population 1.18b INDIA Real GDP(%) Population 231.4m INDONESIA Real GDP(%) Population 127.4m JAPAN Real GDP(%) Population 107.6m MEXICO Real GDP(%) Population 141.9m RUSSIA Real GDP(%) Population 49.8m SOUTH KOREA Real GDP(%) Population 62m UNITED KINGDOM Real GDP(%) Population 309.6m UNITED STATES Source: IMF

12 Macroeconomic Data - China Oil Company Owned Sites Market Share TrendsComments Sinopec28,97645%→ 1. No. 9 in 2009 Fortune Sold 13.3M T 2009 Petrochina18, %↑ 1. No. 13 in 2009 Fortune Sold 8.29M T Shell %↑ JV with SINOPEC BP %→ JV with SINOPEC & CNPC ExxonMobile %→ JV with SINOPEC Total500.07%↑plan to establish 500 Sites Caltex350.05%→1982 Independent43,00015%→ 92,187

13 Macroeconomic Data - China Year High Way Constructions (Km) Road Constructions Total （ Km ） GFI For Road Construction （ Million $ ） , M7, , M8, , M8, , M8, , M 12, , M 14,641

14 Macroeconomic Data - China YearNo. of CarsAnnual Growth ,600, % ,850, % ,230, % ,672, % ,856, % ~1085,000,000

15 Macroeconomic Data - India

16 Macroeconomic Data - India Refining Capacity increase by 6-8% average per year Fuel Volume increase by 4-5% annually Vehicle population increase by 10-15% yearly Road construction 20 km / day Highways Map Growth Drivers

17 Retail Market in India OIL Company No. of ROs Mark et share Future TrendsComments Indian Oil %Moderately aggressive, depend on Govt. policy Largely Govt. owned with huge geographical spread- PC BPCL 8, %Moving forward with cautionKeen on optimal use of resources, efficiency driven- PC HPCL 8, %Initiate new projects, aggressively pursuing acquisitions outside Keen on Retail upgradation work - PC RIL 1,4567.3%Wait and watch strategy…Strong brand, customer preference due to perceived Q&Q - PC ESSAR 1,4346.6%Small outlets widely spread, focus on state highways Expansion gradual Franchisee retail sales, own refinery SHELL 741%Continue to add stations selectivelyStrong brand, efficient service setup OTHER PSUs 121.6%PSU followersRegional branding PC- Potential Customer

18 Macroeconomic – Asia Pacific Automobiles Per 1,000 Persons Household Consumption Expenditures Per Capita Population (Billions) There will be a global recovery, especially emerging markets Fortier & Associates, Inc.

19 AP market share gain through Innovation & product leadership Expansion thru local mfg, Partnerships, or Acquisition Revolutionizing fueling operations globally by optimizing safety, efficiency, reliability, and environmental sustainability through innovative fuel handling and information management solutionsMISSION:MISSION: Consistently deliver the most innovative and compelling fueling solutions to the world VISION : Critical Growth Strategies (Product Leadership & Value Discipline) Product Development Market Development Organizational Development 11AD/11BD Nozzles FlexWorks via local production Vapor Recovery Fittings and System Clean Energy Building Company Culture Talent Recruiting, Development, and Retention Succession Plans Operational Excellence Operational Excellence DSSI Implementation Manufacturing Realignment R & D Lean & 6 Sigma Oracle OPW China 2010 Strategic Plan 2011 Plan 11A Low-Cost Nozzle FlexWorks Line VR Monitoring System CEFP 2011 Plan Cost Reduction Localization More Lean Services

20 OPW Suzhou – A Shared Dover Facility

21 Products Manufactured in Suzhou OPW FC Dispensing Products OPW FMS Tank Gage OPW FTG Loading Arm & Tanker Valves De-Sta-Co Pneumatic Clamps Colder Quick Disconnect Couplings

22 Definition of SYNERGY: A synergy is where different entities cooperate advantageously for a final outcome. If used in a business application it means that teamwork will produce an overall better result than if each entity was working toward the same goal individually. Our Synergy Program

23 Strategic Intents of OPW Suzhou Synergy  Leverage OPW Suzhou’s resources and experiences to facilitate other Dover Op-Cos’ presence and operations in China  Achieve better performance and efficiency by integrating common function teams among Op-Cos (better margin, lower costs)  Achieve negotiation power by consolidating several Dover Op-Cos under one roof (better leverage with local government and suppliers)  Create better image and recognition as a global company

24  With OPW FTG: OPW FC manages FTG’s operations, and share Finance and Administration functions  With Colder: Colder keeps its own operations team but shares Finance, HR and Administration with OPW FC  With De-Sta-Co: Contract-Manufacturing. OPW FC provides sub-assembly and inventory management services to DSC. Relationship After Integration

25 Remarks: Highlighted in Blue, Green, and Purple mean sharing resources OPW Suzhou FCFTGDestaco Sales DeptOperations Tech Support Finance &HR& Admin Marketing R&D Colder Current OPW Suzhou Synergy Chart

26  Manpower: 1.) Flexible labor arrangement for production depending on each Op-Co’s order volume; 2.) One Team for common function. This will greatly reduce management cost.  Employee Benefits: Purchasing and negotiation power (Medical insurance, meal services, group activities….)  ISO System: It is easy to expend and apply FC’s quality system to cover other Op-Cos’ operations.  Space: Flexible space management reserved for future expansion. Total floor space: 4860sqm (FC: 2500sqm; FTG: 800sqm; Colder: 500sqm; DSC: 300sqm; Open-760sqm).  High-New Tech Certificate: 15% tax preference applies to all Op-Cos under OPW Suzhou license. High-New Tech Certificate Benefits for Resources Sharing

27 Customers We Are Serving in China CNPCShell

28 49 ™ Thank You !