DEC-07-2005

Valspar Declares Dividend

FOR IMMEDIATE RELEASE December 7, 2005

VALSPAR DECLARES DIVIDEND

MINNEAPOLIS, MINNESOTA - The Board of Directors of The Valspar Corporation (NYSE-VAL), at its meeting on December 7, 2005 declared a quarterly dividend of 11¢ per share, payable January 13, 2006 to all common stockholders of record on December 30, 2005. This 11¢ dividend represents a 1¢, or 10% increase over the dividend in effect for the past four quarters.

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

Valspar shares are traded on the New York Stock Exchange under the symbol VAL. Valspar news releases and other investor information are available on the Internet at www.valspar.com.

Contact: Lori A. Walker, Vice President, Treasurer and Controller


The Valspar Corporation


(612) 375-7350