NOV-09-2006

Conference Call on Fourth Quarter Earnings

A conference call is scheduled for Monday, November 20th at 10:00 AM Central Time. Bill Mansfield and Paul Reyelts will discuss Valspar's press release on fourth 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 November 20th through midnight November 30th. To do so, dial 1-800-475-6701 in the U.S., or 320-365-3844 outside the U.S. The access code is 849068.