Dutton Associates Announces Investment Opinion: LESCO, Inc. Neutral Rating Maintained in Update Report by Dutton Associates

  
    
  
  
    
      Dutton Associates updates its coverage of LESCO, Inc. (Nasdaq:LSCO), 
      maintaining its Neutral rating. The 9-page report by Dutton Associates 
      senior analyst Sally H. Wallick, CFA is available at www.jmdutton.com 
      as well as from First Call, Bloomberg, Zacks, Reuters, and Knobias and 
      other leading financial portals. LESCO is the nation's leading 
      manufacturer and distributor of lawn-care and golf-course products for 
      the professional turf-care industry. The Company offers the industry's 
      most extensive product line, which it markets directly in 37 states 
      through a unique distribution system. Its sales channels, as of October 
      31, include 332 LESCO Service Centers, 114 LESCO Stores-On-Wheels, and a 
      34-member direct sales team.
    
    
      About Dutton Associates
    
    
      Dutton Associates is one of the largest independent investment research 
      firms in the U.S. Its 28 senior analysts are primarily CFAs, have 
      expertise in many industries. Dutton Associates provides continuing 
      analyst coverage of 140 enrolled companies, and its research, estimates, 
      and ratings are carried in all the major databases serving institutions 
      and online investors.
    
    
      The current cost of enrollment in our one-year continuing research 
      program is US $39,500 prepaid for 4 Research Reports, typically 
      published quarterly, and requisite Research Notes. Dutton Associates 
      received $77,000 from the Company for 12 Research Reports with coverage 
      commencing on 3/12/03. The Firm does not accept any equity compensation. 
      Our principals and analysts are prohibited from owning or trading in 
      securities of covered companies. The views expressed in this research 
      report accurately reflect the analyst's personal views about the subject 
      securities or issuer. Neither the analyst's compensation nor the 
      compensation received by us is in any way related to the specific 
      ratings or views contained in this research report or note. Please read 
      full disclosures and analyst background at www.jmdutton.com 
      before investing.
    
  
Dutton Associates updates its coverage of LESCO, Inc.
(Nasdaq:LSCO), maintaining its Neutral rating. The 9-page report by
Dutton Associates senior analyst Sally H. Wallick, CFA is available at
www.jmdutton.com as well as from First Call, Bloomberg, Zacks,
Reuters, and Knobias and other leading financial portals. LESCO is the
nation's leading manufacturer and distributor of lawn-care and
golf-course products for the professional turf-care industry. The
Company offers the industry's most extensive product line, which it
markets directly in 37 states through a unique distribution system.
Its sales channels, as of October 31, include 332 LESCO Service
Centers, 114 LESCO Stores-On-Wheels, and a 34-member direct sales
team.

   About Dutton Associates

   Dutton Associates is one of the largest independent investment
research firms in the U.S. Its 28 senior analysts are primarily CFAs,
have expertise in many industries. Dutton Associates provides
continuing analyst coverage of 140 enrolled companies, and its
research, estimates, and ratings are carried in all the major
databases serving institutions and online investors.

   The current cost of enrollment in our one-year continuing research
program is US $39,500 prepaid for 4 Research Reports, typically
published quarterly, and requisite Research Notes. Dutton Associates
received $77,000 from the Company for 12 Research Reports with
coverage commencing on 3/12/03. The Firm does not accept any equity
compensation. Our principals and analysts are prohibited from owning
or trading in securities of covered companies. The views expressed in
this research report accurately reflect the analyst's personal views
about the subject securities or issuer. Neither the analyst's
compensation nor the compensation received by us is in any way related
to the specific ratings or views contained in this research report or
note. Please read full disclosures and analyst background at
www.jmdutton.com before investing.