Anthony & Sylvan Pools Corporation Reports 2003 Full Year Results MAYFIELD VILLAGE, Ohio, March 31 /PRNewswire-FirstCall/ -- Anthony & Sylvan Pools Corporation (Symbol: SWIM) today announced results for its year ended December 31, 2003. Net sales for the year were $180,453,000, a 13.9% increase from the $158,393,000 reported from continuing operations in 2002. Net income for 2003 was $2,358,000, or $0.44 per diluted share. This compares with net income from continuing operations of $1,054,000, or $0.19 per diluted share, and a net loss, including discontinued operations, of ($2,208,000), or ($0.41) per share, in 2002. Shareholders will receive a copy of the Company's 2003 audited financial statements in a Notice of Shareholders' Meeting, which is being mailed today. Other investors interested in obtaining a copy of the Company's 2003 audited financial statements should contact the Company at (440) 720-3301. Anthony & Sylvan operates in the leisure industry, offering in-ground, concrete residential swimming pools, spas and related products to its customers. The Company serves its customers through a network of 39 sales design centers in 22 geographic markets in 16 states. It also sells pool-related consumables, replacement parts, equipment and supplies through retail service centers. This press release may contain statements that are forward-looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations, and releases. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The Company assumes no obligation to update or revise any such statements, whether as a resultof new information or otherwise. All forward-looking statements are based on current expectations regarding important risk factors, including but not limited to: the seasonal nature of our business; dependence on existing management; consumer spending; market conditions; interest rates; and weather. Accordingly, actual results may differ from those expressed in the forward-looking statements, and the making of such statements should not be regarded as a representation by the Company or any other person that results expressed therein will be achieved. DATASOURCE: Anthony & Sylvan Pools Corporation CONTACT: William J. Evanson, Executive Vice President & Chief Financial Officer of Anthony & Sylvan Pools Corporation, +1-440-720-3301 Web site: http://www.anthonysylvan.com/

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