Apogee Enterprises Retired Chairman to Sell 75,940 Apogee Shares

PDF Version
MINNEAPOLIS, Apr 26, 2002 (BUSINESS WIRE) -- Apogee Enterprises, Inc. (Nasdaq:APOG) announced that Donald W. Goldfus, who retired as chairman in 1999 and continues to serve as a director, has entered into a Rule 10b5-1 sales plan through September 30, 2002, under which he is eligible to sell up to 75,940 shares in open market transactions at a price not less than $13.25 per share.

Goldfus, 68, indicated the sales plan is part of his estate planning. He currently holds approximately 2 percent of Apogee's outstanding shares, or 630,555 shares, including 120,000 shares held by his wife for which he disclaims beneficial ownership. Goldfus' planned sale will equal about 12 percent of his holdings.

Apogee Enterprises, Inc. (www.apog.com), headquartered in Minneapolis, is a world leader in technologies involving the design and development of value-added glass products, services and systems. The company is organized in three segments: 

    --  Architectural products and services companies design,
        engineer, fabricate and install the walls of glass and windows
        comprising the outside skin of commercial and institutional
        buildings.
    --  Large-scale optical technologies companies develop and produce
        high technology glass that enhances the visual performance of
        products for the display, imaging and picture framing
        industries.
    --  Automotive replacement glass and services companies fabricate,
        repair and replace automobile windshields and windows.

CONTACT:          Apogee Enterprises, Inc., Minneapolis
                  Mary Ann Jackson, 952/830-0674
                  mjackson@apog.com

URL:              http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2002 Business Wire.  All rights reserved.