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For Immediate Release
February 14, 2005

Ferguson Announces Purchase of J.D. Daddario Co., Inc.

NEWPORT NEWS, VA. - - Ferguson announces the purchase of J.D. Daddario Co., Inc., headquartered in Franklin, MA, in a stock transaction completed January 31, 2005.

A family-owned business incorporated in 1951, Daddario is a wholesale distributor of plumbing, hydronics, appliances, lighting and electrical supplies and fixtures. The company has annual sales of approximately $59 million and employs 180 full-time associates. In addition to the headquarters in Franklin, the company has three satellite locations across eastern Massachussetts in Mashpee, Newton and Marlboro.

The Daddario executive team will remain with the company in the following leadership roles; James F. "Jim" Daddario, president and general manager; John L. "Jack" Daddario, Sr., senior consultant; John L. "Jackie" Daddario, Jr., vice president of operations and Keith MacKay, business manager - electrical.

“This opportunity enables us to reach our growth potentials and goals at a much faster pace,” comments Jack Daddario, Sr., former CEO of J.D. Daddario. “The combination of Ferguson’s purchasing power, aggressive growth strategy and broader product selections and our focus on customer service, experienced employment base and strong management structure, is a great formula for continued success in the New England region. We look forward to continued years of success with the Ferguson organization and becoming part of their family.”

Ferguson, owned by Wolseley plc (NYSE: WOS), is the country's largest wholesale distributor of plumbing supplies; pipes, valves and fittings; waterworks; building materials; and heating and air conditioning products. Wolseley plc, with more than 3,600 branches, is the world's largest specialist trade distributor of plumbing and heating products. Wolseley's U.S. building distribution includes Ferguson and Stock Building Supply.


For further information, contact: communications@ferguson.com

Headquartered in Newport News, Va., Ferguson is the largest wholesale distributor of plumbing supplies in the U.S. and a major distributor of HVAC/R equipment, waterworks and fire protection products, and industrial pipes, valves and fittings. Ferguson is committed to the growth of their business, their people, and their support of the communities in which they do business. Ferguson has sales of $8.1 billion and approximately 17,000 associates in 1,350 service centers located in all 50 states, the District of Columbia, Puerto Rico, Mexico and the Caribbean. For more information, visit www.ferguson.com.

Ferguson is part of Wolseley plc, the world's largest specialist trade distributor of plumbing and heating products to professional contractors. Group revenue for the year ended July 31, 2010, was $20.7 billion. Wolseley has around 47,000 employees operating in 25 countries and is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies.

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