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Flowserve Announces Global Preferred Supplier Agreement with Veolia Group

Finalizes three-year deal for submersible, clear-water pumps

DALLAS, January 15, 2016 - Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today a new agreement with Veolia Group that makes Flowserve a preferred supplier of deep-well submersible pumps, clear-water single and multistage pumps, and associated services.

Flowserve was chosen by Veolia because of the company's global footprint, large product portfolio, product quality, reliability and worldwide service capabilities. The agreement, which is in effect through August 2018, further solidifies Flowserve as a reliable global provider of products and services for the water resources and related industries.

For more information, visit www.flowserve.com.

Technical Contact: Jay Roueche, Vice President, Investor Relations & Treasurer, (972) 443-6560 Mike Mullin, Director, Investor Relations, (972) 443-6636

Media Contact: Lars Rosene, Vice President, Global Communications and Public Affairs, (972) 443-6644 Amy Allen, Manager, Global Communications and Public Affairs, (972) 443-6501

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