JUL-31-2006

Conference Call on Third Quarter Earnings

A conference call is scheduled for Monday, August 14th at 10:00 AM CDT. Bill Mansfield and Paul Reyelts will discuss Valspar's press release on third quarter earnings.

The call can be heard live over the internet at Valspar's website (www.valspar.com). Those unable to participate during the live broadcast can also access an archive of the web cast on the Valspar website.

In the event it is not possible for you to listen to the conference call, there will be a taped replay that you can listen to from 3:15 PM on August 14th through midnight August 18th. To do so, dial 1-800-475-6701 in the U.S., or 320-365-3844 outside the U.S. The access code is 838360.