07-MAR-2007

Valspar Makes Non-Cash EPS Adjustment For Huarun Minority Interest

MINNEAPOLIS, March 7, 2007 – As previously announced, The Valspar Corporation (NYSE-VAL) purchased an 80 percent interest in Huarun Paints Holdings Company Limited (Huarun Paints) for approximately $290 million on July 26, 2006. Of the remaining 20 percent minority interest shares held in Huarun Paints, most are subject to put/call rights that permit Valspar to acquire full ownership of those shares within the next five years.

Read more

MAR-07-2007

Valspar Conference Call

A conference call is scheduled for Wednesday, March 7th at 3:30PM Central Time. Bill Mansfield and Paul Reyelts will discuss Valspar’s press release issued today. Please contact my office at 612-375-7350 if you do not receive a copy of the press release.

Read more