BMHC Building Materials

Expands SelectBuild Capabilities in Nevada SAN FRANCISCO, Oct. 2 /PRNewswire-FirstCall/ -- Building Materials Holding Corporation (NASDAQ:BMHC), a leading provider of construction services and building materials to professional residential builders and contractors, today announced that its wholly owned subsidiary, SelectBuild Construction, has signed a letter of intent to acquire 100% of the assets and operations of Willis Roof Consulting Inc. Willis provides roofing services for high-volume production homebuilders in the greater Las Vegas, Nevada market. For the twelve months ended June 30, 2006, Willis generated revenue of approximately $90 million. Willis will be folded into SelectBuild's Las Vegas Division and will do business as SelectBuild. The transaction is expected to close in the fourth quarter of 2006, pending completion of due diligence activities. Robert E. Mellor, BMHC's Chairman, President and Chief Executive Officer, stated, "We are pleased to continue expanding SelectBuild's construction services business with the addition of our first roofing operations through the planned acquisition of Willis Roof. Once completed, this transaction will be another step toward our goal of being able to build the entire structural shell of the home. We continue to believe that our strategy of acquiring and integrating businesses such as Willis, which extend the types of construction trades we can provide, continues to improve SelectBuild's advantageous competitive position. We look forward to welcoming Joe Willis and his team as a new and important part of SelectBuild's Las Vegas operations." About BMHC BMHC, a Fortune 1000 company, is one of the largest providers of residential construction services and building materials in the United States. We serve the homebuilding industry through two subsidiaries: SelectBuild provides construction services to high-volume production homebuilders in key growth markets across the country; BMC West distributes building materials and manufactures building components for professional builders and contractors in the western and southern states. BMHC is listed as one of Fortune Magazine's "100 Fastest Growing Companies" in 2006, was recently named to the Forbes Platinum 400, also known as America's Best Big Companies, and was selected Pro Dealer of the Year by Home Channel News. To learn more about BMHC, visit our website at http://www.bmhc.com/ . BUSINESS RISKS AND FORWARD-LOOKING STATEMENTS There are a number of business risks and uncertainties that affect our operations and therefore could cause future results to differ from past performance or expected results. Additional information regarding business risks and uncertainties is contained in Item 1A of our most recent Form 10-K. These risks and uncertainties may include, but are not limited to: -- demand for single-family homes which is influenced by changes in the overall condition of the U.S. economy, including interest rates, job formation, consumer confidence and other important factors; -- our business model; -- integration of acquired businesses may not result in anticipated cost savings and revenue synergies being fully realized or may take longer to realize than expected; -- our ability to identify and acquire suitable acquisition candidates; -- availability of and our ability to attract, train and retain qualified individuals; -- implementation of cost structures that align with revenue growth; -- changes in the business models of our customers; -- fluctuations in our costs and availability of sourcing channels for commodity wood products, concrete, steel and other building materials; -- intense competition; -- weather conditions, including natural catastrophic events; -- construction defect and product liability claims as well as other legal proceedings; -- disruptions in our information systems; -- actual and perceived vulnerabilities as a result of terrorist activities and armed conflict; -- changes to various federal, state and other regulations; and -- numerous other matters of a local and regional scale, including those of a political, economic, business, competitive or regulatory nature. Risks related to our shares include, but are not limited to: -- share price fluctuations and -- potential share price limitations due to anti-takeover defenses in our governing documents and certain provisions under Delaware law. Certain statements made in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical or current facts, including statements about our expectations, anticipated financial results and future business prospects are forward-looking statements. While these statements represent our current judgment on what the future may hold and we believe these judgments are reasonable, these statements involve risks and uncertainties that could cause our actual results to differ materially from those in forward-looking statements. These factors include, but are not limited to the risks and uncertainties cited in the above paragraph. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date of this news release. We undertake no obligation to update forward-looking statements. DATASOURCE: Building Materials Holding Corporation CONTACT: Bill Smartt, Senior Vice President and Chief Financial Officer, +1-415-627-9100, or Mark Kailer, Vice President, Treasurer and Investor Relations Officer, +1-415-627-9100, both of Building Materials Holding Corporation Web site: http://www.bmhc.com/

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