SPX Corporation Announces Quarterly Dividend

CHARLOTTE, N.C., Aug. 27 /PRNewswire-FirstCall/ -- SPX Corporation (NYSE: SPW)
today announced that its board of directors has declared a quarterly dividend
of $0.25 per common share payable on October 2, 2009, to shareholders of
record on September 15, 2009.

SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The
company offers highly-specialized engineered solutions to solve critical
problems for customers.

SPX is focused on providing solutions that support the expansion of global
infrastructure, with particular emphasis on the growing worldwide demand for
energy and power. Its innovative product portfolio, containing many energy
efficient products, includes cooling systems for power plants throughout the
world; custom engineered process equipment that assists a variety of flow
processes including food and beverage manufacturing, oil and gas exploration,
distribution and refinement and power generation; handheld diagnostic tools
that aid in vehicle maintenance and repair; and power transformers that
regulate voltage for electrical transmission and distribution by utility
companies.

SPX is headquartered in Charlotte, North Carolina and has employees in over 40
countries. Visit www.spx.com. (NYSE: SPW)

SOURCE SPX Corp

Ryan Taylor (Investors), +1-704-752-4486, investor@spx.com, or Jennifer H.
Epstein (Media), +1-704-752-7403, jennifer.epstein@spx.com, both of SPX
Corporation