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Press Release

Prominent Iowa Plumbing and HVAC Distributor, Plumb Supply Company, Switches to

May 24, 2002 | Montgomery, AL --The Water Heater Division of the Rheem Manufacturing Company has announced that Plumb Supply Company of Des Moines, Iowa, will now stock and sell Ruud brand gas and electric residential and commercial water heaters throughout its Iowa trading area.

Plumb Supply now ranks among the top 125 plumbing and HVAC wholesalers nationwide, with 16 locations, all of them in Iowa, and more than 160 employees. In addition to the Des Moines headquarters operation, the company maintains branch outlets in Ames, Cedar Rapids, Coralville, Fort Dodge, North Cedar Rapids, Marshalltown, Mason City, Muscatine, Oelwein, Ottumwa, Pella, Red Oak, Spirit Lake, Waterloo and Waukee.

“We are proud and absolutely delighted to welcome a distributor of Plumb Supply’s stature and track record into the Rheem-Ruud family,” comments Rheem president Scott Martin. “We are confident that Ruud has the products and the programs to help Plumb Supply expand its already substantial share of the Iowa water heater market.”

“Switching to Ruud was a logical choice for us, because we have distributed the Ruud heating and air conditioning line in Iowa for over 20 years,” explains Plumb Supply Company president Scott Anshutz. “But we were also very impressed by the commitment Ruud is making to our market and our contractors.

“If you don’t treat water heaters like a commodity, you can have fun and be very successful at the same time,” he continues. “After all, if our contractors believe in us, the products we distribute and our ability to make their respective businesses more profitable, it is a win-win situation for everyone involved.”

RHEEM MANUFACTURING COMPANY, headquartered in New York City, is a leading producer of residential and commercial water heaters, with manufacturing operations on three continents. In addition to Rheem and Ruud brand water heaters for the wholesale channel, the company also makes and markets pool and spa heaters, boilers, and heating and air-conditioning products. The Water Heater Division of the Rheem Manufacturing Company has announced that Plumb Supply Company of Des Moines, Iowa, will now stock and sell Ruud brand gas and electric residential and commercial water heaters throughout its Iowa trading area.

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