Elster to Showcase Innovative Smart Water Meter With No Moving Parts at Wetex Exhibition

LUTON, England, February 3, 2011 - –More than one million Elster Smart Water Meters without moving parts
installed worldwide–

Elster (NYSE: ELT) announced today that it will showcase the latest Smart
Metering range of electronic water meters without moving parts and the
company's next generation H5000 Woltmann meter at Wetex, the regional
exhibition of water, energy and environmental services for industry and local
authorities, from 8 March to 10 March in Dubai, UAE.

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

"Elster is proud to be a leading supplier to the water industry in the
Gulf and Middle East regions. Significant customers in Abu Dhabi and Qatar
have turned to Elster for innovative Smart Water Metering solutions without
moving parts," said Alex Elder, managing director of Elster SmartMeter in the
UK.

"Elster continues to provide innovative Smart Metering solutions in the
Gulf and Middle East region having recently formed a collaboration with a
leading battery manufacturer to produce a high temperature battery chemistry
that significantly improves the long-term battery life in an environment
where ambient temperatures can exceed 50 degrees Celsius. Exclusive access to
this battery technology brings additional benefits to customers in the Gulf
and Middle East regions who use Elster's latest generation of Smart Water
Meter," Elder added.

The Smart Metering range builds on Elster's 50 years of experience
supplying water meters to Gulf and Middle Eastern countries and encompasses
the very latest measuring technology packaged in a manner designed
specifically for the tough operating conditions prevalent in the region.

The smart electronic AMR-enabled products feature no moving parts
technology which makes them more resistant to blockage. At the same time,
they offer high accuracy for the measurement of water only. The unique air
detection system prevents measurement of air flow.

At Wetex, Elster also will display the next generation H5000 Woltmann
(turbine) bulk water meter. With its features, the H5000 is ideally suited
for billing or water distribution applications. AMR/AMI connectivity is
assured with a choice of industry standard communication outputs. The H5000
also has the widest measuring range of any metering technology with a single
measuring element. With low-flow capabilities similar to combination meters,
the H5000 provides a metrological performance that ensures maximum
measurement of water flow.

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.

About Elster Metering Limited

Elster Metering Limited is a world leader in providing innovative water
metering solutions, including low flow and leakage detection applications.
Elster Metering Limited manufactures water meters for utility, commercial and
domestic use at its factories worldwide and offers a complete water metering
portfolio including solutions for revenue metering, cost allocation, network
monitoring, distribution and industrial applications.

For more information about Elster Metering, please visit
www.elstermetering.com

Perry Shead, Marketing Communications, +44-1582-846-400, perry.shead at gb.elster.com, Rainer Mueller-Mueffelmann, Corporate Communications International, +49-6134-605-213, rainer.mueller-mueffelmann at elster.com, both of Elster