LSCO Lesco (MM)

- Company Announces Option Grant - CLEVELAND, Oct. 24 /PRNewswire-FirstCall/ -- LESCO, Inc. (NASDAQ:LSCO), a leading provider of products for the professional green and pest control industries, today announced that the Company has entered into a Stock Option Agreement with Michael L. Poole, Vice-President Real Estate and Store Planning, pursuant to which the Company granted Mr. Poole an option to purchase thirty five thousand (35,000) common shares of the Company as an inducement to accept employment with the Company (the "Option"). The Option was granted without stockholder approval pursuant to NASDAQ Marketplace Rule 4350(i)(1)(A)(iv). The Option has an exercise price of $16.245, which represents the average of the high and low selling prices of the Company's common shares on October 20, 2005, the date the Company granted the Option. The Option will vest as follows: 11,666 shares on August 29, 2006; 11,666 shares on August 29, 2007; and 11,668 shares on August 29, 2008. The Option has a term of ten (10) years and will be forfeited if not exercised before expiration of the term. If Mr. Poole's employment with the Company is terminated for any reason, the Option will be forfeited if not exercised within three (3) months of his last day worked. About LESCO, Inc. LESCO serves more than 130,000 customers worldwide, through 296 LESCO Service Center(R) locations, 111 LESCO Stores-on-Wheels(R) vehicles, the Internet, and other direct sales efforts. Additional information about LESCO can be found on the Internet at http://www.lesco.com/. Contact: Jeffrey L. Rutherford President and Chief Executive Officer LESCO, Inc. (216) 706-9250 DATASOURCE: LESCO, Inc. CONTACT: Jeffrey L. Rutherford, President and Chief Executive Officer of LESCO, Inc., +1-216-706-9250 Web site: http://www.lesco.com/

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