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    &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;Note 1. Accounting Policies&lt;/b&gt;
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    &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Basis of Presentation &lt;/i&gt;- The consolidated financial statements of Cooper Industries plc, an
    Irish company (&amp;#8220;Cooper&amp;#8221;), have been prepared in accordance with generally accepted accounting
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    &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The financial information presented as of any date other than December&amp;#160;31 has been prepared
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    information for the periods indicated, have been included. For further information regarding
    Cooper&amp;#8217;s accounting policies, refer to the Consolidated Financial Statements and related notes for
    the year ended December&amp;#160;31, 2009 included in Part&amp;#160;IV of Cooper&amp;#8217;s 2009 Annual Report on Form 10-K.
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    &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Reclassification &lt;/i&gt;&amp;#8211; Other intangible assets in the December&amp;#160;31, 2009 Consolidated Balance Sheet
    have been reclassified to conform to the 2010 presentation. As discussed in Note 2 of the Notes to
    Consolidated Financial Statements, the amounts related to the contribution of certain Tools
    business assets and liabilities to a joint venture in July&amp;#160;2010 have been reclassified to separate
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 -Publisher AICPA
 -Name Accounting Principles Board Opinion (APB)
 -Number 22
 -Paragraph 8

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