Release Details

GRAND RAPIDS, Mich., April 26 /PRNewswire-FirstCall/ -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced a semi-annual dividend of $0.05 per share, payable June 15, 2004 to shareholders of record on June 1, 2004. This is the Company's 33rd consecutive cash dividend and is 11% higher than the dividend issued in the same period in 2003. The Company has increased its dividend in each of the past ten years.

"As we continue to grow our value, we are pleased to be able to reward the people who have placed their trust and investment in us," said Peter F. Secchia, UFPI's chairman of the board. "We're grateful to our shareholders and intend to continue to earn their confidence through our success."

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 posted $1.9 billion in sales in 2003. Among the company's newest and fastest-growing ventures are framing and installation services for the site-built and retail sectors. In partnership with its customers, Universal uses its engineering and manufacturing expertise, coupled with highly skilled employees, to design and construct buildings and decks. For information about Universal Forest Products, please visit the Company's web site at www.ufpi.com or call 888-Buy-UFPI.

SOURCE Universal Forest Products, Inc.

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