On June 5, 2008, Shareholders of Trane Inc. ("TT") will vote concerning the proposed merger with
Ingersoll-Rand Company ("IR"). If the merger is approved and consummated, each existing TT
Common Share will be converted into the right to receive .23 IR Common Shars plus $36.50
cash. Cash will be paid in lieu of fractional IR shares.
This corporate event will be coordinated with the Options Clearing Corporation.
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