Release Details

GRAND RAPIDS, Mich., Oct 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Universal Forest Products, Inc. (Nasdaq: UFPI) has announced a semi-annual dividend of $0.05 per share payable December 15, 2004 to shareholders of record on December 1, 2004.

"We're pleased to share our success with the people who have believed in our organization, strategies, and people," said Peter F. Secchia, UFPI's chairman of the board. "We have outstanding shareholders who have placed their trust in us and we intend to continue to have them satisfied with their investment in Universal Forest Products."

The dividend was approved by the Company's board of directors at their October 20, 2004 meeting.

Universal Forest Products markets, manufactures, and engineers wood and wood-alternative products for D-I-Y retail home centers, structural lumber products for the manufactured housing industry, engineered wood components for the site-built construction market and specialty wood packaging for various industries. Among Universal's newest and fastest-growing ventures are framing and installation services for the site-built and retail sectors. In conjunction with its customers, Universal uses its engineering and manufacturing expertise, coupled with highly skilled employees, to design and construct buildings and decks.

Based in Grand Rapids, Michigan, Universal Forest Products has 96 facilities and nearly 9,000 employees throughout the United States, Canada and Mexico. The Company had sales of $1.9 billion in 2003 and posted $1.92 billion in net sales through the third quarter of 2004. For more information about Universal Forest Products, please visit the Company's web site at http://www.ufpi.com , or call 888-Buy-UFPI.

SOURCE Universal Forest Products, Inc.

Lynn Afendoulis, Director of Public Affairs of Universal Forest Products, Inc., +1-616-364-6161