GGL Goodman Global

Goodman Global, Inc. (NYSE:GGL) today announced that it is in the process of reviewing potential strategies to enhance shareholder value. Goodman has engaged Goldman, Sachs & Co. and J.P. Morgan Securities Inc. to assist the Company�s management and Board of Directors in identifying and evaluating various options. Charles Carroll, President and Chief Executive Officer stated, �The management and Board of Directors continually evaluate our business and operations to identify and develop opportunities for maximizing value for all shareholders.� No assurance can be given that this review will lead to any specific action or transaction. Goodman does not intend to make any further information available regarding the progress of this strategic initiative except in accordance with applicable securities laws. Safe Harbor for Forward-Looking and Cautionary Statements Certain statements in this press release are �forward-looking statements� within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Goodman to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. The words �believe,� �expect,� �anticipate,� �intend,� �estimate,� and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Forward looking statements also include statements about the following subjects: changes in weather patterns and seasonal fluctuations; changes in customer demand due to federally mandated minimum efficiency standards; the maturation of Goodman�s new company-operated distribution centers; increased competition and technological changes and advances; increases in the cost of raw materials and components; Goodman�s relations with its independent distributors; and damage or injury caused by Goodman�s products. Goodman undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the impact of general economic conditions in the regions in which Goodman does business; general industry conditions, including competition and product, raw material and energy prices; the realization of expected tax benefits; changes in exchange rates and currency values; capital expenditure requirements; access to capital markets and the risks and uncertainties described under �Risk Factors� contained in Goodman�s Annual Report on Form 10-K filed with the Securities and Exchange Commission. About Goodman Houston-based Goodman Global, Inc. is the second-largest domestic unit manufacturer of heating, ventilation and air conditioning products for residential and light commercial use. Goodman's products are predominantly marketed under the Goodman�, Amana� and Quietflex� brand names, and are sold through company-operated and independent distribution networks with approximately 800 distribution points throughout North America. For more information about Goodman, visit www.goodmanglobal.com. Amana� is a trademark of Maytag Corporation and is used under license to Goodman Company, L.P. All rights reserved.