WHITE PLAINS, N.Y., July 11 /PRNewswire-FirstCall/ -- The Board of Directors of ITT Corporation (NYSE:ITT) declared a $0.11 per share dividend for the third quarter of 2006. The dividend is payable on October 1, 2006 to shareholders of record on August 25, 2006. About ITT Corporation ITT Corporation (http://www.itt.com/) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electronic components market with a wide range of products. Headquartered in White Plains, NY, the company generated $7.4 billion in 2005 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the NYSE Arca, Paris, London, and Frankfurt exchanges. For free B-roll/video content and logo about ITT Corporation, please log onto http://www.thenewsmarket.com/ITT to preview and request video. You can receive broadcast-standard video quality digitally or by tape from this site. Registration and video are free to the media. DATASOURCE: ITT Corporation CONTACT: Tom Martin, +1-914-672-9729, Web site: http://www.itt.com/ http://www.thenewsmarket.com/ITT

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