UFPI Issues $0.20 Per Share Dividend

  UFPI Issues $0.20 Per Share Dividend

Business Wire

GRAND RAPIDS, Mich. -- October 18, 2012

Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that the
Company’s Board of Directors approved a semiannual dividend payment of $0.20
per share at their October 17, 2012 meeting. The dividend is payable on
December 15, 2012, to shareholders of record on December 1, 2012.

“Sharing our success with the people who helped us achieve it gives us great
reward and pride,” said Chairman William G. Currie. “”Whether it’s by
providing compensation and opportunity for employees, respect and recognition
for those who built this company, or dividends to those whose investment are
making our growth and success possible, we are honored to reward those who are
critical to our company and our future.”


Universal Forest Products, Inc. is a holding company that provides capital,
management and administrative resources to subsidiaries that design,
manufacture and market wood and wood-alternative products for DIY/retail home
centers and other retailers, structural lumber and other products for the
manufactured housing industry, engineered wood components for the site-built
construction market, and specialty wood packaging and components and packing
materials for various industries.

Universal’s subsidiaries also provide framing services for the site-built
market, and forming products for concrete construction. The Company's consumer
products subsidiary offers a large portfolio of outdoor living products,
including wood composite decking, decorative balusters, post caps and plastic
lattice. Its lawn and garden group offers an array of products, such as
trellises and arches, to retailers nationwide. Founded in 1955, Universal
Forest Products is headquartered in Grand Rapids, Mich., with operations
throughout North America. For more about Universal Forest Products, go to

This press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act, as amended, that are based on
management’s beliefs, assumptions, current expectations, estimates and
projections about the markets we serve, the economy and the company itself.
Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,”
“forecasts,” “likely,” “plans,” “projects,” “should,” variations of such
words, and similar expressions identify such forward-looking statements. These
statements do not guarantee future performance and involve certain risks,
uncertainties and assumptions that are difficult to predict with regard to
timing, extent, likelihood and degree of occurrence. The Company does not
undertake to update forward-looking statements to reflect facts,
circumstances, assumptions or events that occur after the date the
forward-looking statements are made. Actual results could differ materially
from those included in such forward-looking statements. Investors are
cautioned that all forward-looking statements involve risks and uncertainty.
Among the factors that could cause actual results to differ materially from
forward-looking statements are the following: fluctuations in the price of
lumber; adverse or unusual weather conditions; adverse conditions in the
markets we serve; government regulations, particularly involving environmental
and safety regulations; and our ability to make successful business
acquisitions. Certain of these risk factors as well as other risk factors and
additional information are included in the Company's reports on Form 10-K and
10-Q on file with the Securities and Exchange Commission.


Universal Forest Products, Inc.
Lynn Afendoulis
Director, Corporate Communications
(616) 365-1502
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