Elster Introduces New Range of Residential Smart Water Meters

Advanced flow measurement technology with state-of-the-art Smart Metering functionality

LUTON, England, April 26, 2011 - Elster (NYSE: ELT) announced today the introduction of a new range of
smart water meters. The V200 and V210 hybrid meters represent the latest
innovation from Elster in its residential Smart Meter product portfolio.
Elster intends to introduce this technology in the UK, Ireland and France and
has received interest from other European countries.

(Logo: photos.prnewswire.com/prnh/20110126/SF35872LOGO-a )

By upgrading the leading V200 and V210 range of volumetric water meters
with integrated electronic registers, incorporating advanced data features
and two-way radio communication, Elster combines its latest flow measurement
technology with Smart Metering functionality, producing a hybrid solution
that enables utilities to focus more effectively on water resource management
and consumer engagement.

Easy to install and commission, the V200 and V210 hybrid meters are fully
water proof and incorporate installation options to support improved
communication range even in the harshest of environments. Absolute meter
readings ensure data integrity, while advanced data features such as meter
operation monitoring, status alarms, water usage profiling and tariff
management provide additional information to the consumer directly or via a
wireless in-home display.

"The message from our customers is clear. They want Advanced Metering
Infrastructure (AMI) that incorporates a flow measurement sensor at its core.
We believe that the V200 and V210 product range, with the proven performance
of a large installed base worldwide, offers the optimum solution. Combining
an extended, accurate, operating flow range with the means to analyse and
communicate management data efficiently ensures that every drop of water
really does count," said Ian Holmes-Higgin, global product manager of
volumetric meters for Elster's water business unit.

"Enabling the meter to conduct data analysis and profiling removes the
need for continuous communication, maximising operational life and increasing
the efficiency and cost effectiveness of the entire system," he added.

About Elster

Elster (NYSE: ELT) is one of the world's largest electricity, gas and
water measurement and control providers. Its offerings include distribution
monitoring and control, advanced smart metering, demand response, networking
and software solutions, and numerous related communications and services -
key components for enabling consumer choice, operational efficiency and
conservation. Its products and solutions are widely used by utilities in the
traditional and emerging Smart Grid markets.

Elster has one of the most extensive installed revenue measurement bases
in the world, with more than 200 million metering devices deployed over the
course of the last 10 years. It sells its products and services in more than
130 countries across electricity, gas, water and multi-utility applications
for residential, commercial and industrial, and transmission and distribution
applications.

For more information about Elster, please visit www.elster.com.

Investors: John Bluth, Elster Investor Relations and Corporate Communications, +1-919-250-5425, john.bluth at elster.com or Ronald Botoff, Elster Investor Relations, +1-919-212-4857, ron.botoff at elster.com; Media: Rainer Mueller-Mueffelmann, Corporate Communications International, Elster, +49-6134-605-213, rainer.mueller-mueffelmann at elster.com or Perry Shead, Marketing Communications, Elster, +44-1582846400, perry.shead at gb.elster.com