JUN-19-2008

Valspar Declares Dividend

MINNEAPOLIS, Minn., June 18, 2008 - The Valspar Corporation (NYSE:VAL) announced today that, at its June 18, 2008 meeting, the Company's Board of Directors declared a quarterly dividend of 14 cents per share, payable July 15, 2008 to all common stockholders of record on July 1, 2008.

Valspar is a global leader in the paint and coatings industry, with a broad range of products including industrial, architectural, packaging, automotive refinish and specialty polymers and colorants.

Valspar news releases and other investor information are available on the Internet at www.ValsparGlobal.com.

Contact:
Tyler Treat, Vice President and Treasurer
The Valspar Corporation
(612) 375-7358