Apogee Enterprises Raises Quarterly Cash Dividend 5 Percent to $0.055 Per Share.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 11, 2001

The Board of Directors of Apogee Enterprises, Inc. (Nasdaq:APOG) announced it has declared a regular quarterly cash dividend of $0.055 per share, payable November 14, 2001 to shareholders of record October 29, 2001. This marks the 25th year of dividend growth since Apogee began paying dividends in 1974. The company has approximately 28.3 million shares outstanding.

"We are pleased that Apogee's improving performance allows us to increase our dividend," said Russell Huffer, chairman, president and chief executive officer. "We continue to improve shareholder value as we've exceeded prior-year earnings for four consecutive quarters and delivered a strong first half performance that allowed us to raise our guidance for fiscal 2002 to $0.85 - $0.90 per share from $0.64 - $0.74."

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.