Emerson Electric - Asia Pacific

(Corporate Event Update)

Emerson Enhances Investment to Set up New Company in Jiangmen

Jiangmen, Guangdong(April 18, 2008) – At a signing ceremony here today at Jianghai District, Jiangmen City, Emerson (NYSE: EMR) announced the setup of a new company of Emerson Network Power focusing on precision air-conditioning projects, including the production of industrial precision air-conditioning, transformers, telecom power systems, wind power and other high-tech products.

Present at the ceremony were Zhongqiang Yi, vice mayor of Jiangmen, Sara Yang Bosco, president of Emerson Asia Pacific , Stephen Liang, president of Emerson Network Power Co. Ltd. and leaders of relevant institutions.

Stephen Liang, Sara Yang Bosco and officials of Jiangmen government addressed at the ceremony respectively before the investment agreement was signed.

“Emerson can not develop as fast as today in JIangmen without the support from the government of Jianmen”, said Sara Yang Bosco, expressing her gratitude to the local authority. She added, “To set up a new company here reflects Emerson’s confidence in the investment environment of Jiangmen, and Emerson will continue to make further investment in Jiangmen.” Meanwhile, she also said that Emerson will continue to support local community efforts for economic development and drive for prosperity while expanding its business here.

Vice mayor Zhongqiang YI spoke highly of Emerson’s investment. “The investment reflects the sound investment environment of Jiangmen and Emerson’s great support to the economic development to us,” Mr. Yi said. “It will definitely have a far-reaching impact on Jianghai District and Jiangmen City at large.”

The cooperation between Jiangmen City and Emerson goes back to October, 1997, when ClosetMaid (Jiangmen) Storage Ltd. a division of Emerson Storage Solutions, was established. For the next 10 years, the company has been the leading manufacturer and marketer of home storage and organizing products with more than 600 employees. Most of these products were exported to North American market, which made tremendous contribution to the Jiangmen’s economy. At the same time, Emerson continued to support local education initiatively. Peter Yam, former president of Emerson Greater China, was appointed visiting professor and advisor of Jiangmen Polytechnic in March, 2008.

Today, Emerson has set up more than 40 legal entities in China, over thirty of which are manufacturing facilities. Guangdong Province is the key area of Emerson’s investments. There are Emerson facilities in cities like Shenzhen, Jiangmen, Luoding, Zhongshan. In addition, Edward Monser, COO of Emerson, serves as an economic advisor to Mr. Huang Huahua, governor of Guangdong Province.

About Emerson

Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2007 were US$22.6 billion. For more information, please visit www.emerson.com (global) and www.emerson.com.cn (China).

About Emerson Network Power

Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business-Critical Continuity ™. The company is the trusted source for adaptive and reliable solutions that enable and protect its customers' business-critical technology systems. Backed by the largest global services organization in the industry, Emerson Network Power offers a full range of innovative power, precision cooling, connectivity and embedded products and services for computer, communications, healthcare and industrial systems. Key product brands within the Emerson Network Power family include Alber, ASCO, Knurr, Liebert and NetSure. For more information on the full spectrum of enterprise-wide solutions from Emerson Network Power, visit www.emersonnetworkpower.com(golbal). www.emerson.com.cn(China).