2. 1 2011 Sales Meeting, Sarasota, FL OPW Suzhou & Asia Pacific Introduction January 14, 2011

3. 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

4. 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 ISO9001.2000 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

5. 4 Expert in Fueling Stations

6. 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

7. 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

8. 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

9. 8 OPW in Asia Pacific Mumbai Beijing Shanghai Suzhou Factory Guangzhou Taipei Manila New Delhi DFM Chennai Bangalore Kolkata OPW Asia Pacific

10. 9 Yesterday vs Today CHINA 2003 INDIA

11. 10 Macroeconomic – Asia Pacific 2007-2010 World GDP Ranking – Asia Pacific (Nominal) World economic outlook database, April 2010, IMF Country （ rank ） 2007200820092010 China4322 Japan2233 India13 1211 South Korea1115 Indonesia212218 Australia161413 Taiwan20262524 Thailand34 3230 Malaysia39413938 Philippines4847 46

12. 11 Asia Pacific 2008-2009 GDP 11 CANDA UNITED STATES MEXICO BRAZIL UNITED KINGDOM GERMANY FRANCE RUSSIA INDIA JAPAN SOUTH KOREA INDONESIA AUSTRALIA Real GDP(%) 2.11.0 20092008 Population 22.4m AUSTRALIA Real GDP(%) 5.8 -0.2 2009 2008 Population 193.1m BRAZIL Real GDP(%) 0.6 -2.5 2009 2008 Population 34.1m CANADA Real GDP(%) 20092008 Population 1.34 b CHINA Real GDP(%) 0.8 -2.2 2009 2008 Population 65.4m FRANCE Real GDP(%) 1.3 -4.2 2009 2008 Population:- EUROPEAN UNION Real GDP(%) 1.3 -5.0 2009 2008 Population 81.8m GERMANY Real GDP(%) 20092008 Population 1.18b INDIA 7.4 7.3 Real GDP(%) 20092008 Population 231.4m INDONESIA 4.3 5.9 Real GDP(%) -0.3 20092008 -5.3 Population 127.4m JAPAN Real GDP(%) 1.8 -6.5 2009 2008 Population 107.6m MEXICO Real GDP(%) 6.2 -7.9 2009 2008 Population 141.9m RUSSIA Real GDP(%) 0.2 20092008 2.5 Population 49.8m SOUTH KOREA Real GDP(%) 0.7 -4.8 2009 2008 Population 62m UNITED KINGDOM Real GDP(%) 1.1 -2.4 2009 2008 Population 309.6m UNITED STATES 9.08.7 Source: IMF

13. 12 Macroeconomic Data - China Oil Company Owned Sites Market Share TrendsComments Sinopec28,97645%→ 1. No. 9 in 2009 Fortune 500 2.Sold 13.3M T 2009 Petrochina18,84637.50%↑ 1. No. 13 in 2009 Fortune 500 2.Sold 8.29M T 2009. Shell3800.56%↑ JV with SINOPEC BP7001.03%→ JV with SINOPEC & CNPC ExxonMobile2000.29%→ JV with SINOPEC Total500.07%↑plan to establish 500 Sites Caltex350.05%→1982 Independent43,00015%→ 92,187

14. 13 Macroeconomic Data - China Year High Way Constructions (Km) Road Constructions Total （ Km ） GFI For Road Construction （ Million $ ） 200541,0003.33M7,038 200645,0003.45M8,086 200753,9003.58M8,526 200860,3003.73M8,778 200965,000 3.83M 12,676 2010 74,000 3.98M 14,641

15. 14 Macroeconomic Data - China YearNo. of CarsAnnual Growth 200531,600,00011.00% 200649,850,00057.75% 200753,230,0006.78% 200864,672,05321.50% 200971,856,993 11.11% 2010.1~1085,000,000

16. 15 Macroeconomic Data - India

17. 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

18. 17 Retail Market in India OIL Company No. of ROs Mark et share Future TrendsComments Indian Oil1814046%Moderately aggressive, depend on Govt. policy Largely Govt. owned with huge geographical spread- PC BPCL 8,38719.7%Moving forward with cautionKeen on optimal use of resources, efficiency driven- PC HPCL 8,53917.8%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

19. 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.

20. 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

21. 20 OPW Suzhou – A Shared Dover Facility

22. 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

23. 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

24. 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

25. 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

26. 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

27. 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

28. 27 Customers We Are Serving in China CNPCShell

29. 28 49 ™ Thank You !