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CONTACTS:
Clayr Bjerke (media)
(952) 988-6676

Keith B. Robinson (financial)
(952) 988-6627
August 30, 2000

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OSMONICS REPORTS SALE OF
OZONE TEST CHAMBER BUSINESS

Minnetonka, MN ... Osmonics, Inc. (NYSE/OSM). Company officials announce that the Orec™ Test Chamber business and associated ozone monitor business have been sold to CCS Instruments, Inc. for an undisclosed sum. This is part of Osmonics’ ongoing business rationalization related to the Phoenix facility closure. Osmonics’ objective of continued customer service for the Orec Test Chamber product line has been achieved with the placing of the business with a company of the caliber and the market synergies of CCS Instruments, Inc. CCS Instruments, Inc. provides laboratory instruments, calibration services and technical services to the rubber, textile, plastic and metal processing industries.

Effective immediately, the manufacture of the Orec Ozone Test Chambers and accessories will be moved to the CCS Instruments, Inc. Akron, Ohio facility. CCS Instruments, Inc. will also assume responsibility for the calibration, service and provisioning of replacement parts for the existing Orec Ozone Test Chambers. CCS Instruments, Inc. can be reached at their web site at http://www.ccsi-inc.com/.

Osmonics is a leading manufacturer and worldwide marketer of high-technology water purification and fluid filtration, fluid separation, and fluid handling equipment, as well as replaceable components used in purification, filtration, and separation equipment. These products are used by a broad range of consumer, industrial, commercial, and institutional customers. Osmonics is traded on the New York Stock Exchange under the symbol OSM.

To obtain an Annual Report, Form 10-K, or information on the subjects discussed in this release, please call (800) 430-9950 and ask for our Investor Relations Department, or visit our web site at www.osmonics.com.

Private Securities Litigation Reform Act

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this document and other materials filed or to be filed with the Securities and Exchange Commission (as well as information included in oral or other written statements made or to be made by the Company) contains statements that are forward-looking.

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