Back Pall Corporation Board of Directors Declares Dividend and Increases Stock Repurchase Authorization East Hills, NY (October 21, 2008) - - The Board of Directors of Pall Corporation (NYSE:PLL) declared a dividend of $0.13 per share payable on November 12, 2008 to shareholders of record as of October 30, 2008. Pall increased its dividend in March 2008 from $0.12 to the current $0.13 per share. The Board also authorized $350 million for share repurchases with no expiration date. This is in addition to the approximately $149 million remaining from prior authorizations following on the purchase by the Company of approximately 1.6 million shares so far this fiscal year. About Pall Corporation Pall Corporation is the global leader in the rapidly growing field of filtration, separation and purification. Pall is organized into two businesses: Life Sciences and Industrial. These businesses provide leading-edge products to meet the demanding needs of customers in biotechnology, pharmaceutical, transfusion medicine, energy, electronics, water purification, aerospace, transportation and broad industrial markets. Total revenues for fiscal year 2008 were $2.6 billion. The Company is headquartered in East Hills, New York and has extensive operations around the world. For more information visit Pall at http://www.pall.com. ### Contact: Pall Corporation Patricia Iannucci VP Investor Relations & Corporate Communications Telephone:  (516) 801-9848 E-mail:  piannucci@pall.com Back