SEP-15-2006

Valspar to Present at the Credit Suisse 2006 Chemical Conference, New York

MINNEAPOLIS, MINNESOTA - September 15, 2006 - Valspar's William L. Mansfield, Chief Executive Officer, will address financial analysts at an investment conference sponsored by Credit Suisse on Wednesday, September 20, 2006 at 10:30 A.M., Eastern. Valspar will provide a live webcast of Mr. Mansfield's presentation. Details for the webcast are as follows:

TIME: 10:30 A.M., Eastern

DATE: Wednesday, September 20, 2006

DURATION: Approximately 30 minutes

LOCATION: http://www.valspar.com

ARCHIVE: Approximately 24 hours after the presentation, a replay of the webcast will be available from a link on the Valspar site at: http://www.valspar.com
Click on "Investor Relations" and then "Web Casts."
This link will remain active for 30 days.

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.

For further information, contact Lori A. Walker, Vice President, Treasurer and Controller of Valspar at (612) 375-7350.