QUINCY, IL, USA Oct 20, 2008

Gardner Denver, Inc. (NYSE: GDI) reported today that it has completed its previously announced acquisition of CompAir Holdings Limited (”CompAir”), a leading global manufacturer of compressed air and gas solutions.

Gardner Denver, Inc., with 2007 revenues of $1.9 billion, is a leading worldwide manufacturer of reciprocating, rotary and vane compressors, liquid ring pumps and blowers for various industrial and transportation applications, pumps used in the petroleum and industrial market segments, and other fluid transfer equipment serving chemical, petroleum, and food industries.

Gardner Denver’s news releases are available by visiting the Investor Relations page on the Company’s website (www.gardnerdenver.com).