Kenneth J. McAvoy

KENNETH J. MCAVOY joined Watts Industries, Inc. in 1981 as Corporate
Controller. He served as the company’s Vice President of Finance from
1984 to 1994. Mr. McAvoy has been the CFO and Treasurer since June 1986,
and has been President of European Operations form January 1994 to June
1996. He has also served as Secretary or Clerk since January 1985.
MICHAEL O. FIFER joined Watts Industries, Inc. in May 1994 and was
appointed Vice President of Corporate Development, which title was
recently changed to Corporate Vice President. Prior to joining the
company, he was Associated Director of Corporate Development with
Dynatech Corp., a diversified high-tech manufacturer, from 1991 to April
1994.