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News Release

Sensus Metering Systems Annual Results Call Announcement

Sensus Metering Systems (Bermuda 2) Ltd. will hold a conference call to discuss annual results on Friday, May 18, 2007 at 11:00 AM (EDT). The Sensus Metering Systems (Bermuda 2) Ltd. Annual Report on Form 10-K is now available.

To access the call, you can dial 877-299-4507 (domestic access) or 617-597-5443 (international access) and reference Passcode: 70702824. It is recommended that you dial in five to ten minutes prior to the call to allow time for processing participant information. A replay of the call will be available until Friday, May 25, 2007 by dialing 888-286-8010 (domestic access) or 617-801-6888 (international access) and referencing Passcode: 54907701.

About Sensus Metering Systems

The Sensus Metering Systems companies are leading world-class providers of water, gas, heat and electric meters including comprehensive metering communications system solutions that comprise both automatic meter reading (“AMR”) and advanced metering infrastructure (“AMI”) systems. Additional linked businesses include Smith-Blair, Inc. a leading provider of pipe clamp & coupling products for the water, gas, and industrial markets; and Sensus Precision Die Casting a producer of complex, high quality die castings.

Issued 5/16/2007

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