Mueller Water Products Announces Quarterly Dividend and Date for Annual Meeting of Stockholders

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ATLANTA, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. MWA announced that its Board of Directors declared a quarterly dividend of 1.75 cents ($0.0175) per share, payable on or about November 21, 2012 to stockholders of record at the close of business on November 9, 2012.

The Company also announced that its Annual Meeting of Stockholders will be held on January 30, 2013 at 10:00 a.m., local time, in Atlanta, Georgia. The Board of Directors has established December 3, 2012 as the record date for the Annual Meeting of Stockholders, and all holders of record as of that date will be entitled to vote at the meeting.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. MWA is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. Our broad portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure™. The piping component systems produced by Anvil help build connections that last in commercial, industrial and oil & gas applications. Visit us at www.muellerwaterproducts.com.

CONTACT: Investor Contact: Martie Edmunds Zakas Sr. Vice President - Strategy, Corporate Development & Communications 770-206-4237 mzakas@muellerwp.com Media Contact: John Pensec Sr. Director - Corporate Communications & Public Affairs 770-206-4240 jpensec@muellerwp.com

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