Wessex Water, Bristol Water and Sembcorp Bournemouth Water Award Polymer Water Metering Contract to Elster

LUTON, England, May 31, 2011 -

- Innovative V210 volumetric polymer water meter offers high accuracy and
long-life

Elster (NYSE: ELT) announced today that Wessex Water, Bristol Water and
Sembcorp Bournemouth Water have selected Elster to supply up to 150,000
volumetric polymer water meters over the next three years.

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

The V210 volumetric polymer meter offers long-life and high accuracy over
a wide operating range. With its polymer body, the V210 meter has
approximately one-third the carbon footprint of its brass body counterparts.
The product forms an integral part of Elster's advanced metering system and
has been approved to the latest European Directive (2004/22/EC) and
associated European and international standards.

The V210 polymer meter is the first water meter to achieve compliance
with the UK Water Industry Specification 4-32-19 making it suitable for all
installations, including land which may be contaminated or at risk of future
contamination.

Elster received a Product Innovation Award for the V210 volumetric
polymer water meter as part of the European Utility Awards. This prestigious
award, announced during the 2010 Metering Europe conference, confirms
Elster's leadership in polymer meter technology.

"Wessex Water, Bristol Water and Sembcorp Bournemouth Water have awarded
the contract for domestic and small commercial water meters to Elster after
they achieved the highest score against our evaluation criteria. We look
forward to the imminent installation of these innovative polymer meters from
Elster," said Lee Tanner, procurement contracts manager for Bristol Water.

"The innovative V210 volumetric polymer meter with high accuracy and
long-life represents the latest technology in water meters," commented Tim
Gabriel, senior vice president operations of Elster's global water business.

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: Ronald Botoff, Elster Investor Relations, +1-919-212-4857, ron.botoff at elster.com; or Media: Rainer Mueller-Mueffelmann, Elster Corporate Communications, +49(0)6134-605-213, rainer.mueller-mueffelmann at elster.com, or Perry Shead, Marketing Communications, Elster, +44-1582-846400, perry.shead at gb.elster.com