Emerson Awarded Metering Systems Contract for India's Newest Refinery Project

Reliance Petroleum specifies Emerson's fiscal and allocation measurement solutions on basis of proven accuracy and reliability

Houston, Texas (November 26, 2007) - Emerson Process Management, a business of Emerson (NYSE: EMR), announced today that it has received a contract of US$ 19 million to supply metering systems to Reliance Petroleum Limited (RPL), a new refinery venture of Reliance Industries Limited (RIL), a Fortune Global 500 company.

Reliance Petroleum Limited is set to make history by constructing a greenfield petroleum refinery and polypropylene plant at a Special Economic Zone (SEZ) in Jamnagar in India. SEZ business zones in India streamline business establishment and promote export by providing a quality infrastructure. The new export refinery will be adjacent to its existing refinery and petrochemical complex, forming the largest refining complex in the world.

The crude oil imported and the refined hydrocarbons being delivered through marine pipeline facilities will lay the foundation for the supplies of the finished petroleum product from SEZ. This ambitious infrastructure development project will have a positive lasting impact on India's refining capacity.

Among the many challenges Reliance is undertaking, the large custody transfer metering systems to be used on this refinery project are one of the most critical components. According to the contract, Emerson will engineer and deliver the multi-run high performance oil and gas metering systems. High integrity custody transfer measurement is required for fiscal accounting and taxation purposes. The Emerson systems insure accurate, reliable measurement of oil and gas quantity and quality.

"We are delighted to be entrusted with the vital fiscal metering responsibility for this major refining and petrochemical project of Reliance Petroleum Limited," said Mike Train, president of Emerson Process Management, Asia-Pacific. "This major project will have us supplying oil and gas metering systems that play a key role in insuring that the project is a financial success by providing accurate fiscal measurement."

The Daniel Model 3804 Liquid Ultrasonic Meter will be used to determine "Fiscal transfers" of all petroleum products ranging from heavy crude to light hydrocarbon processed for the export market. The Daniel devices were chosen for their cutting edge technology and reliability in this critical custody transfer application. The fiscal metering system will deliver excellent linearity and repeatability over a wide range of flow rates along with industry leading advanced diagnostics. The metering system will be designed to the latest API MPMS standard and will be implemented for the first time in India on such a large scale. In addition, the system will employ state of the art Compact Prover technology that will ensure highly accurate performance of the metering system.

Oil metering systems and computing panels form the core of the entire measurement system. The proper integration of these devices to the flow computer is essential for proper accounting and net fiscalization of the measured oil. The quantity and quality of the products consumed or sold from the new facility is precisely known. The flow computers, complete with the latest algorithms and software, allow for a fully automated system. All the flow computer measurement data is accessible over the Ethernet to provide up-linked system redundancy at multiple levels. In addition, the system is designed to provide flow measurement hardware redundancy with the design of multiple meter runs.

Emerson was also granted another systems order to measure "allocation transfers" between the export refining complex and the existing plant for taxation purposes. These allocation systems are designed to measure refinery intermediates ranging from low lubricity hydrocarbons to heavy intermediates. They will also employ Daniel Model 3804 Liquid Ultrasonic flow meters for volume measurement and Micro Motion Coriolis flow meters for mass measurement points.

In addition to the Daniel Liquid Ultrasonic flow meter, Compact Prover and Micro Motion© Coriolis flow and density meter, the 67 Emerson metering systems are comprised of other leading-edge technologies including the S600 flow computer, Fisher© control valves and FIELDVUE© digital valve controllers, Rosemount© pressure and temperature transmitters, and Asco solenoid valves among others. Both the fiscal and allocation metering systems will be assembled at Emerson's triple ISO certified state of the art Daniel facility in Singapore.

About Emerson Process Management

Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the oil and gas, refining, chemical, power, pulp and paper, food and beverage, water and wastewater treatment, pharmaceutical and other industries. A division of Emerson Process Management, Daniel Measurement and Control (www.Emersonprocess.com/Daniel) is a global leader in providing fiscal flow and energy measurement solutions to the oil and gas industry. Daniel integrates products and services to supply best-in-class integrated custody transfer measurement systems for both liquid and gas measurement. Daniel custody transfer measurement systems are an example of Emerson's combining of superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Emerson brands include Daniel©, PlantWeb©, Fisher©, Micro Motion©, Solartron©, Rosemount©, Mobrey©., Bristol©, DeltaV(TM), Ovation© and AMS(TM) Suite.

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 $22.6 billion. For more information, visit www.emerson.com.

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