Dover Reports 16% EPS Improvement in Third Quarter Results
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Dover Corporation (NYSE: DOV) announced today that for the third quarter ended September 30, 2007, it had earnings from continuing operations of $177.9 million or $0.88 diluted earnings per share ("EPS"), compared to $155.3 million or $0.76 EPS from continuing operations in the prior-year period, representing increases of 15% and 16%, respectively. Revenue for the third quarter of 2007 was $1.84 billion, an increase of 15% over the prior-year period.

Earnings from continuing operations for the nine months ended September 30, 2007 were $484.4 million or $2.36 EPS, compared to $437.9 million or $2.13 EPS in the prior-year period, both representing increases of 11%. Revenue for the nine month period ended September 30, 2007 was $5.37 billion, up 15% over the prior year period.

Net earnings for the third quarter of 2007 were $174.6 million or $0.86 EPS, including a loss from discontinued operations of $3.3 million or $0.02 EPS, compared to net earnings of $167.5 million or $0.82 EPS for the same period of 2006, which included income from discontinued operations of $12.2 million or $0.06 EPS. Net earnings for the nine months ended September 30, 2007 were $475.7 million or $2.32 EPS, including a loss from discontinued operations of $8.7 million or $0.04 EPS, compared to net earnings of $443.3 million or $2.16 EPS for the same period of 2006, which included income from discontinued operations of $5.4 million or $0.03 EPS.

Dover will host a webcast of its third quarter 2007 conference call at 8:00 A.M. Eastern Time on Wednesday, October 24, 2007. The webcast can be accessed at the Dover Corporation website at www.dovercorporation.com. The conference call will also be made available for replay on the website and additional information on Dover's third quarter 2007 results and its operating companies can also be found on the Company website and in the Company's Form 10-Q filed after this release.

Dover Corporation, with over $7 billion in annualized revenues, is a global portfolio of manufacturing companies providing innovative components and equipment, specialty systems and support services for a variety of applications in the industrial products, engineered systems, fluid management and electronic technologies markets. For more information, please visit www.dovercorporation.com.

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