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Grainger Reports November 2008 Sales Results

Posted on: Friday, 12 December 2008, 06:59 CST

CHICAGO, Dec. 12 /PRNewswire-FirstCall/ -- Grainger (NYSE: GWW) today reported sales results for the month of November 2008. Daily sales declined 2 percent versus November 2007. Sales benefited by approximately 1 percentage point due to Lab Safety's acquisition of Highsmith. Sales were negatively affected by approximately 3 percentage points due to foreign exchange. There were two fewer selling days in November 2008 (19) versus November 2007 (21). The 2008 fourth quarter will have 64 selling days, the same as the 2007 fourth quarter.

To access a recorded message with additional detail about November sales, please visit http://www.grainger.com/investor.

W.W. Grainger, Inc. with 2007 sales of $6.4 billion is the leading broad line supplier of facilities maintenance products serving businesses and institutions in the United States, Canada, Mexico, China and Panama. Through a highly integrated network including more than 600 branches, 18 distribution centers and multiple Web sites, Grainger's employees help customers get the job done.

SOURCE W.W. Grainger, Inc.

Source: PR Newswire

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