Fortune Brands Home & Security (FBHS), the industry-leading home and
security products unit of Fortune Brands, Inc. (NYSE: FO), today began
its equity road show presentations to investors, potential investors and
analysts. As previously announced, FBHS is expected to spin off from
Fortune Brands after the close of business on October 3, 2011 and will
trade on the New York Stock Exchange as an independent public company
under the ticker symbol FBHS effective October 4, 2011. The road show
presentation is available at http://www.fortunebrands.com/investor/events.cfm.
"Fortune Brands Home & Security has industry-leading businesses that
continue to win in today’s market,” said Christopher J. Klein, president
and chief executive officer, Fortune Brands Home & Security. "We have
No. 1 brands in all our segments, a demonstrated record of quality and
innovation, streamlined yet scalable operations and the benefits of
becoming a focused, independent company on the front end of a housing
recovery. We expect to continue to outperform the market, and we are
confident in our ability to create greater value now and in the future,
as the housing market recovers.”
Klein and E. Lee Wyatt, senior vice president and chief financial
officer, will conduct the road show presentations throughout the month
of September.
About Fortune Brands
Fortune Brands, Inc. is a leading consumer brands company. Its operating
companies have premier brands and leading market positions in distilled
spirits and home and security products. The major spirits brands of Beam
Global Spirits & Wine, Inc. include Jim Beam and Maker's Mark bourbon,
Sauza tequila, Canadian Club whisky, Courvoisier cognac, Cruzan rum,
Teacher's and Laphroaig Scotch, EFFEN vodka, Skinnygirl cocktails and
DeKuyper cordials. The brands of Fortune Brands Home & Security Inc.
include Moen faucets, Aristokraft, Omega, Diamond and Kitchen Craft
cabinetry, Therma-Tru door systems, Simonton windows, Master Lock
security products and Waterloo storage and organization products.
Fortune Brands, headquartered in Deerfield, Illinois, is traded on the
New York Stock Exchange under the ticker symbol FO and is included in
the S&P 500 Index and the MSCI World Index.
To receive company news releases by e-mail, please visit www.fortunebrands.com.
Forward-Looking Statements
This press release contains statements relating to future events, which
are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Readers are cautioned that
these forward-looking statements speak only as of the date hereof, and
the company does not assume any obligation to update, amend or clarify
them to reflect events, new information or circumstances occurring after
the date of this release. Actual plans, actions and results may differ
materially from current expectations as a result of certain risks and
uncertainties, including the risks and uncertainties described from time
to time in the company's Securities and Exchange Commission filings and
in the Registration Statement on Form 10 filed by Fortune Brands Home &
Security Inc. There can be no assurance that the proposed separation
will be completed as anticipated or at all.
