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Acuity Specialty Products Group Announces Post Spin-Off Name.

Spin-off from Acuity Brands will be named Zep Inc., Applied to list its common stock on NYSE under ZEP ticker symbol

ATLANTA, Sept. 13 /PRNewswire/ -- Acuity Specialty Products Group, Inc. (ASP) announced today that, following completion of its spin-off from parent company, Acuity Brands, Inc., the new company will be known as Zep Inc. Zep Inc. will continue a long tradition of providing superior solutions in the specialty chemicals business, going to market under the established brand names Zep(R), Zep Commercial(R), Enforcer(R), and Selig(TM). Acuity Brands announced the spin-off on July 23, and the transaction is expected to close later this fall.

Additionally, Acuity Specialty Products reports that it has applied to list the common stock of Zep Inc. on the New York Stock Exchange (NYSE) under the ticker symbol of ZEP.

About Acuity Brands

Acuity Brands, Inc., with fiscal year 2006 net sales of approximately $2.4 billion, is comprised of Acuity Brands Lighting and Acuity Specialty Products. Acuity Brands Lighting is one of the world's leading providers of lighting fixtures and includes brands such as Lithonia Lighting(R), Holophane(R), Peerless(R), Hydrel(R), American Electric Lighting(R), Gotham(R), Carandini(R), SpecLight(R), MetalOptics(R), Antique Street Lamps(TM), and Mark Architectural Lighting(R). Acuity Specialty Products is a leading provider of specialty chemicals and includes brands such as Zep(R), Zep Commercial(R), Enforcer(R), and Selig(TM). Headquartered in Atlanta, Georgia, Acuity Brands employs approximately 10,000 people and has operations throughout North America and in Europe and Asia.

CONTACT: Bill Crane of GCI Group, +1-404-260-3545, +1-404-964-5609, bcrane@gcigroup.com
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Publication:PR Newswire
Date:Sep 13, 2007
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