CORPORATE EVENT: Trane Inc. Merger

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

This coporate event will be coordinated with the Options Clearing Corporation.

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