Watsco to Transfer its Shares of Class B Common Stock to the New York Stock Exchange

  Watsco to Transfer its Shares of Class B Common Stock to the New York Stock
  Exchange

Business Wire

MIAMI -- January 29, 2013

Regulatory News:

Watsco, Inc. (NYSE MKT:WSOB) (NYSE:WSO) (Paris:WSO) announced today that it
will transfer the listing of its shares of Class B Common Stock to the New
York Stock Exchange (“NYSE”) from the NYSE MKT. The Company expects its shares
of Class B Common Stock to begin trading on the NYSE on February 1, 2013,
under its current ticker symbol “WSOB.” The Company’s Class B Common Stock
will continue to trade on the NYSE MKT until the transfer is complete.

About Watsco, Inc.

Watsco improves indoor living and working environments with air conditioning
and heating solutions that provide comfort regardless of the outdoor climate.
Our solutions also promote healthier indoor spaces by removing pollutants from
the indoor air that can lead to asthma, allergies and reductions in
productivity. Furthermore, since heating and cooling accounts for
approximately 56% of the energy consumed in a typical United States home, we
offer consumers the greatest opportunity to save money on energy by replacing
existing air conditioning and heating systems with more energy efficient and
environmentally friendly solutions.

There are approximately 89 million central air conditioning and heating
systems installed in the United States that have been in service for more than
10 years. Older systems often operate below today’s government mandated energy
efficiency and environmental standards. Watsco has an opportunity to
accelerate the replacement of these systems at a scale greater than our
competitors as the movement toward reducing energy consumption and its
environmental impact continues. We operate from more than 570 locations in the
United States, Canada, Mexico and Puerto Rico, with additional market coverage
on an export basis to Latin America and the Caribbean. As the industry leader,
significant growth potential remains given that our current revenue run-rate
is less than 10% of the estimated $35 billion marketplace in the Americas for
HVAC/R products. Additional information about Watsco may be found at
http://www.watsco.com.

Contact:

Watsco, Inc.
Barry S. Logan, 305-714-4102
Senior Vice President
blogan@watsco.com