Cameron Ashley Building Products to List On New York Stock Exchange.DALLAS--(BUSINESS WIRE)--June 3, 1998--Cameron Ashley Building Products, Inc. (Nasdaq: CABP CaBP Calcium Binding Protein CABP Coalition Air Battle Planning CABP Certificate of the Arab Board of Pediatrics ) announced today that it has filed an application to list its common stock on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . The Company anticipates trading will commence on June 17, 1998 under the symbol "CAB". Until that time, the Company's common stock will continue to trade on the NASDAQ National Market under the symbol CABP. Ronald R. Ross, Chairman and Chief Executive Officer, commented: "Listing on the New York Stock Exchange is an important step for Cameron Ashley. We believe that listing on the New York Stock Exchange will enhance our stature and visibility in the financial community and provide investors with more efficient pricing and less volatility." Cameron Ashley Building Products, Inc. is a distributor of a broad line of building products that are used principally in home improvement, remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling and repair work and in new residential construction. The Company distributes its products through a network of 145 branches located throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Product lines include roofing, millwork, pool and patio patio In Spanish and Latin American architecture, a courtyard open to the sky within a building. A Spanish development of the Roman atrium, it is comparable to the Italian cortile but provides more seclusion, possibly due to Moorish custom. The patio of the contemporary U.S. enclosure materials, insulation, siding, steel products, industrial metals and a variety of other building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . .
CONTACT: CAMERON ASHLEY BUILDING PRODUCTS, INC.
J. Andrew Kerner, Executive Vice President & CFO
214/860-5100
or
Morgen-Walke Associates
June Filingeri/Jennifer Angel
Media contact: Stan Froelich/Eileen King
212/850-5600
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