Release Details

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--May 2, 2007--Universal Forest Products, Inc. (Nasdaq:UFPI) today announced a semi-annual dividend of $0.055 per share, payable June 15, 2007 to shareholders of record on June 1, 2007. The dividend was approved by the Company's Board of Directors at its April 18, 2007 meeting.

"We're working hard for every success in some challenging markets and times," said Universal Executive Chairman William G. Currie. "Times like these enhance our appreciation for investors who express confidence in us - in our business model, strategies and people - and we're pleased to be able to show our gratitude through this cash dividend. We remain focused on growing our success and opportunity for our shareholders, customers, employees, and the communities that depend on us to remain a strong employer and corporate citizen."

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. The Company also provides framing services for the site-built sector. Universal reported sales of nearly $2.66 billion in 2006. The Company has approximately 10,000 employees who work out of more than 100 locations in North America. For information about Universal Forest Products, please visit the Company's Web site at http://www.ufpi.com , or call 888-Buy-UFPI.

CONTACT: Universal Forest Products, Inc.
Lynn Afendoulis, 616-365-1502
Director, Corporate Communications

SOURCE: Universal Forest Products