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Mueller Water Products Announces Quarterly Dividend

July 25, 2012

ATLANTA, July 25, 2012 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE:MWA) announced that its Board of Directors declared a quarterly dividend of 1.75 cents ($0.0175) per share, payable on or about August 20, 2012 to stockholders of record at the close of business on August 10, 2012.

This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events or developments that we intend, expect, plan, project, believe, or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on certain assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions and expected future developments. Actual results and the timing of events may differ materially from those contemplated by the forward-looking statements due to a number of factors, including regional, national or global political, economic, business, competitive, market and regulatory conditions and other factors that are described under the section entitled "RISK FACTORS" in Item 1A of our most recently filed Annual Report on Form 10-K. Undue reliance should not be placed on any forward-looking statements. We do not have any intention or obligation to update forward-looking statements except as required by law.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. (NYSE: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

         [email protected]



         Media Contact: John Pensec

         Sr. Director - Corporate Communications & Public Affairs

         770-206-4240

         [email protected]

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Source: Mueller Water Products, Inc.

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