MIAMI--(BUSINESS WIRE)--April 4, 2001--Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has declared regular quarterly cash dividends of 2.5 cents per share on both its Common Stock and Class B Common Stock. The cash dividends are payable on April 30, 2001 to shareholders of record as of April 16, 2001.

Watsco is the nation's largest distributor of air conditioning, heating and refrigeration equipment and related products in the highly fragmented distribution segment of the HVAC/R industry. The Company's strategy is to expand its network of distribution locations across the country. The Company currently operates over 300 locations serving customers in 30 states. The Company is actively pursuing opportunities for further growth throughout the country.

CONTACT:	Watsco, Inc., Coconut Grove, Fla.
	Barry S. Logan, 305/714-4102
	e-mail: blogan@watsco.com
	www.watsco.com