COCONUT GROVE, Fla.--(BUSINESS WIRE)--July 3, 2006--Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has declared regular quarterly cash dividends of 25 cents per share on both its Common stock and Class B common stock. The cash dividends are payable on July 31, 2006 to shareholders of record as of July 14, 2006.

Watsco is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the distribution segment of the HVAC industry, currently operating 362 locations serving over 38,000 customers in 32 states. The Company's goal is to build a national network of locations that provide the finest service and product availability for HVAC contractors, assisting and supporting them as they serve the country's homeowners and businesses. Additional information about Watsco may be found on the Internet at http://www.watsco.com.

CONTACT: Watsco, Inc., Coconut Grove
Barry S. Logan, 305-714-4102
blogan@watsco.com
fax: 305-858-4492

SOURCE: Watsco, Inc.