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News Release

Sensus Launches Tender Offer and Consent Solicitation for its 8-5/8% Senior Subordinated Notes due 2013 and Will Host Prospective Lenders’ Meeting

Sensus USA Inc. (“Sensus”), a leading technology company providing energy and water utility customers worldwide with innovative conservation products and services, announced today that it has commenced a tender offer to purchase for cash any and all of $275,000,000 in aggregate principal amount outstanding of its 8-5/8% Senior Subordinated Notes due 2013 (the “Notes”).

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