BlueLinx Holdings Inc. IPO Priced at $13.50 Per Share.

ATLANTA -- BlueLinx Holdings Inc. priced its initial public offering of 9,500,000 shares of its common stock at $13.50 per share for a total offering before expenses of $128,250,000. All of the shares of common stock are being sold by the company. In addition, BlueLinx has granted the underwriters an option to purchase up to an additional 1,425,000 shares of its common stock to cover over-allotments, if any. BlueLinx common stock has been approved for listing on the New York Stock Exchange under the symbol "BXC". The transaction is expected to close on December 17, 2004.

BlueLinx intends to use the proceeds of the offering and proceeds from its revolving credit facility to repay its operating company's $100 million term loan, plus accrued and unpaid interest thereon, and to redeem the remainder of its series A preferred stock, including all accrued and unpaid dividends thereon. In the event that BlueLinx is unable to obtain lender consent to pay down the term loan, then the term loan will remain fully outstanding on an interim basis, and BlueLinx will redeem the remainder of its series A preferred stock and repay approximately $76 million of the outstanding balance under its revolving credit facility.

Goldman, Sachs & Co. is acting as sole book-running lead manager of the offering. Morgan Stanley & Co. Incorporated is acting as joint-lead manager, while Credit Suisse First Boston LLC and Lehman Brothers Inc. are acting as co-managers of the offering. The offering will be made only by means of a prospectus, a copy of which may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, NY 10004 (telephone number: 212-902-1171). An electronic copy of the prospectus is available from the Securities and Exchange Commission's Web Site at www.sec.gov.

The registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on December 13, 2004. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common stock in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

BlueLinx is the largest distributor of building products in the United States. Operating in all of the major metropolitan areas in the United States, BlueLinx distributes over 10,000 products to more than 11,700 customers through its network of 63 warehouses and third-party operated warehouses.