News Release FOR IMMEDIATE RELEASE Media Contacts: Steve Dearborn CEO & President Miller Paint Co., Inc. sdearborn@millerpaint.com Phone: 503-595-6732 Paul Sawyer SVP Sales & Marketing Miller Paint Co., Inc. psawyer@millerpaint.com Phone: 503-255-0190 Larry Denfeld President Denfeld Paints, Inc. l_denfeld@denfeldpaint.com Phone: 541-420-9047 Miller Paint Co., Inc., to Acquire Business Operations of Denfeld Paints in Bend & Redmond Bend, OR – April 2, 2014 – Miller Paint has entered into an agreement with Denfeld Paints to acquire the business operations and assets of the two Denfeld Paints stores located in Bend and Redmond. Miller will operate the two locations, while maintaining the high level of customer service that has been the hallmark of both Miller Paint and Denfeld Paints for over 38 years in the Central Oregon market. On Monday, April 14, 2014 the ownership of the business at the two Denfeld Paint stores will transition to Denfeld’s Miller Paint, with no other changes to the business operations planned. The strategic alliance between Miller Paint and Denfeld’s has been a long-established relationship that dates back two generations to the 1970’s. The high-quality, well-known Miller Paint product line-up has been an integral part of the Denfeld’s product offer for many years and will now be expanded to other lines that Miller currently distribute such as Kelly Moore Paints, Sto Coatings, California Paints Storm Stain, and International Paints Devoe Coatings. Discussions of a Denfeld-Miller Paint combination were finalized when a major supplier of one of the paint lines Denfeld’s currently carries made the decision to establish their own company-owned store in the Bend/Redmond area and compete directly with Denfeld Paints. “The opportunity to combine forces with Miller Paint, a local employee-owned company that has been a market leader in the Pacific Northwest since 1890, is a great chance for the employees of Denfeld Paints to become part of a successful and growing regional paint company”, said Larry Denfeld, President of Denfeld Paints. Denfeld, himself, will also join Miller as a Regional Sales & Operations Manager in the new Central Oregon Region and spearhead future expansion in the region. “The addition of the two Denfeld’s Miller Paint stores in the Central Oregon market to the fifty (50) stores Miller currently operates throughout OR, WA and Northern Idaho will, again, extend Miller Paint’s commitment to provide their customers with the industry’s widest range of quality architectural and industrial paint and related products”, said Steve Dearborn, CEO & President of Miller Paint. He added “our plans are to continue to build on Denfeld’s high level of service to both the professional and retail customers, many of whom are already familiar with Miller’s extraordinary level of customer service, our high-quality products, our unique color expertise, and our warm and inviting stores.” Denfeld Paints of Bend, Inc. is a privately-held company that has been selling the highest quality paint and coatings products in Central Oregon for over 38 years. Their two stores are located in Bend, OR at 2121 NE Division, and in Redmond, OR at 641 NW Fir Avenue. Website: www.denfeldpaints.com Miller Paint Co., Inc. is a 100% employee-owned company that has been manufacturing and selling the highest quality paint and coatings products in the Pacific Northwest for over 124 years. Their corporate headquarters and manufacturing facility is located at 12812 NE Whitaker Way, Portland, OR. Website: www.millerpaint.com ###