Pall Corporation (NYSE: PLL) announced today that its board of directors increased the company's quarterly cash dividend to 17½ cents per share, up from 16 cents per share in the previous quarter. This marks the seventh consecutive year that the company has raised its dividend. The dividend is payable on February 23, 2011 to shareholders of record as of February 8, 2011.

?In the five years ended fiscal 2010, the company has returned over $800 million of cash to shareholders in dividends and share repurchases. This latest dividend increase reflects Pall's confidence in our strategic plan, including cash flow generation,? said Eric Krasnoff, Pall Chairman, CEO and President.

Pall Corporation (NYSE: PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company's engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.4 billion for fiscal 2010, is an S&P 500 company with more than 10,000 employees serving customers worldwide. To see how Pall is helping enable a greener, safer, more sustainable future, visit www.pall.com/green.

Pall Corporation
Patricia Iannucci, 516-801-9848
V.P. Investor Relations & Corporate Communications
pat_iannucci@pall.com