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Investor News

ITT reports strong fourth quarter and record full-year results, affirms 2008 outlook

ITT to release Q4 and full-year 2007 results on February 6

White Plains, N.Y. - January 18, 2007 - ITT Corporation (NYSE: ITT) will release its fourth quarter and full-year 2007 financial results at 7:00 a.m. EST, Wednesday, February 6, 2008. At 9:00 a.m. senior management will review financial and operating results, comment on current conditions and answer questions during an investor briefing.

The briefing can be monitored live by calling (212) 729-5000 (ID# 30743180) or at the following address on the company's web site: www.itt.com/investors.

A replay of the briefing will be available on the web site, and telephonically until Wednesday, February 13, 2008 at 6:00 p.m. The telephone replay is available by calling (706) 645-9291 (ID# 30743180).

About ITT Corporation

ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in water and fluid transport, treatment and control technology. The company plays a vital role in international security with communications and electronics products; space surveillance and intelligence systems; and advanced engineering and services. It also serves a number of growing markets—including marine, transportation and aerospace—with a wide range of motion and flow control technologies. Headquartered in White Plains, N.Y., the company employs approximately 40,000 people and generated $7.8 billion in 2006 sales.

Contact:

Peter Milligan

tel +1 914 641 2030

peter.milligan@itt.com