(State or other jurisdiction

of incorporation)

(I.R.S. Employer

Identification No.)

Exhibit

Number

Description

Revenues of $240.4 million were up 14 percent from the prior-year period.

Operating income was $24.8 million, up 111 percent from the prior-year period.

Earnings from continuing operations were $0.63 per share versus $0.26 per share a year earlier.

In the current period, Apogee had a gain of $0.04 per share on the sale of its 34-percent interest in the PPG Auto Glass LLC joint venture, and in the prior-year period took an impairment charge of $0.11 per share on its investment in this joint venture.

In the prior-year period, write-down of three Florida glass installation projects reduced architectural segment earnings by $0.14 per share. In the current period, architectural segment earnings were impacted by $0.07 per share of additional expenses for estimated final remediation of two of the projects.

In the current period, long-term executive compensation expense adjustments added $0.06 per share, primarily related to lower projected payouts of stock-based incentives.

Net tax benefits of $0.02 per share were recognized in the current period, primarily due to the Congressional extension of the research and development tax credit. In the prior-year period, net tax benefits of $0.08 per share were also recognized for research and development tax credits.

GAAP EPS - Continuing Operations

PPG Auto Glass JV (equity in affiliates)

Glass installation write-downs

Executive compensation adjustments

R&D tax credits

Adjusted EPS - Continuing Operations

Adjusted EPS growth

Architectural segment revenues grew 16 percent, while operating income increased 154 percent versus the prior-year period.

Large-scale optical segment revenues declined 2 percent, while operating income increased 43 percent compared to the prior-year period.

Net earnings, including discontinued operations, were $0.63 per share versus $0.38 per share in the prior-year period.

In the prior-year period, conclusion of the sale of the non-strategic recreational vehicle and bus windshield business resulted in discontinued operations earnings of $0.12 per share.

Fiscal 2009 guidance: expected earnings from continuing operations are maintained at $1.65 to $1.82 per share.

Revenues of $219.1 million were up 16 percent compared to the prior-year period.

Revenue growth came primarily from the architectural glass business, the storefront and entrance business acquired in the fourth quarter of fiscal 2008, and the installation business, somewhat offset by a revenue decline in the window manufacturing business due to project delays.

Operating income was $19.6 million, compared to $7.7 million in the prior-year period.

Operating margin was 9.0 percent. This compares to 4.1 percent in the prior-year period; excluding the prior-year write-downs of the glass installation projects, the operating margin would have been 7.5 percent.

In the current quarter, as we had anticipated, overall installation project margins continued to increase, and production in the architectural glass business improved to expected operating levels late in the quarter. These strong performances were somewhat offset by lower earnings in the window business as revenues declined.

Backlog declined to $373.2 million, compared to $456.7 million in the prior-year period and $446.7 million at the end of the second quarter.

One-half of the decline was from the architectural glass business, with the balance split between the glass installation and window businesses. Project delays and cancellations and slowing bid-to-award timing are impacting backlog levels, despite strong bidding activity and the green building trend which we believe is increasing demand for our energy-efficient glass products.

Approximately $141 million, or 38 percent, of the backlog is to be delivered in the fourth quarter of fiscal 2009; approximately $205 million, or 55 percent, in fiscal 2010; and approximately $27 million, or 7 percent, in fiscal 2011.

Revenues of $21.3 million declined 2 percent compared to the prior-year period.

Operating income was $6.5 million, up 43 percent compared to the prior-year period.

Operating margin was 30.4 percent, compared to 20.8 percent in the prior-year period.

Sales to retail chains and distributors were stronger than expected in part due to the timing of customer promotional activities, with a higher mix of our best value-added products more than offsetting weak market conditions.

Long-term debt was $28.4 million, down from $63.7 million at the end of the second quarter and from $58.2 million at the end of fiscal 2008. Proceeds of $27.1 million from the sale of Apogee’s interest in the PPG Auto Glass joint venture were used to reduce debt, and the company continued to drive lower working capital requirements.

Non-cash working capital (current assets, excluding cash, less current liabilities) was $67.1 million, compared to $72.8 million at the end of the second quarter and $69.7 million at the fiscal 2008 year end.

Year-to-date depreciation and amortization were $21.0 million, up 24 percent from the prior year period, due to new capacity depreciation and acquisition amortization.

Year-to-date capital expenditures were $49.5 million, compared to $39.0 million in the prior-year period; $10.2 million was incurred in the third quarter. For the full year, there has been spending on productivity improvements and capacity expansions in both operating segments.

Third-quarter share repurchases totaled approximately 675,000 shares at an average price of $9.73 per share, for a total of $6.6 million.

Overall revenues for the year are expected to increase 6 to 8 percent (prior guidance was 9 to 12 percent).

Architectural segment revenues are expected to increase 8 to 10 percent, driven by the architectural glass business and the storefront and entrance business acquisition (prior guidance was 11 to 14 percent).

Large-scale optical segment revenues are expected to be down 8 to 10 percent (prior guidance was down 6 to 7 percent).

Annual gross margins are expected to be approximately 21 percent; increased pricing and project margins are expected to offset increases in wages, health care, energy costs, materials and freight.

Selling, general and administrative expenses as a percent of annual sales are projected to be slightly more than 13 percent.

Expected annual operating margins by segment are: architectural, 6.6 to 7.2 percent (prior guidance was 6.4 to 7 percent); and large-scale optical, approximately 22 percent.

Equity in affiliates will have pre-tax earnings of approximately $1.9 million, including the sale of Apogee’s interest in the PPG Auto Glass joint venture.

Full-year capital expenditures are projected to be approximately $60 million, including capacity expansions and productivity improvements in both operating segments.

Depreciation and amortization are estimated at approximately $30 million for the year.

Debt is expected to be approximately $20 million at year end.

The effective tax rate for the full year is anticipated to be approximately 34 percent (prior guidance was 34 to 35 percent).

Fiscal 2009 earnings per share from continuing operations are expected to range from $1.65 to $1.82.

Architectural products and services companies design, engineer, fabricate, install, maintain and renovate the walls of glass and windows comprising the outside skin of commercial and institutional buildings. Businesses in this segment are: Viracon, the leading fabricator of coated, high-performance architectural glass for global markets; Harmon, Inc., one of the largest U.S. full-service building glass installation, maintenance and renovation companies; Wausau Window and Wall Systems, a manufacturer of custom aluminum window systems and curtainwall; Linetec, a paint and anodizing finisher of window frames and PVC shutters; and Tubelite, a fabricator of aluminum storefront, entrance and curtainwall products.

Large-scale optical segment consists of Tru Vue, a value-added glass and acrylic manufacturer for the custom picture framing market and commercial optics.

Net sales

Cost of goods sold

Gross profit

Selling, general and administrative expenses

Operating income

Interest income

Interest expense

Other (expense) income, net

Equity in income/(loss) of affiliated companies

Earnings from continuing operations before income taxes

Income taxes

Earnings from continuing operations

(Loss) earnings from discontinued operations

Net earnings

Earnings per share - basic:

Earnings from continuing operations

(Loss) earnings from discontinued operations

Net earnings

Average common shares outstanding

Earnings per share - diluted:

Earnings from continuing operations

(Loss) earnings from discontinued operations

Net earnings

Average common and common equivalent shares outstanding

Cash dividends per common share

Sales

Architectural

Large-scale Optical

Eliminations

Total

Operating income (loss)

Architectural

Large-scale Optical

Corporate and other

Total

Assets

Current assets

Net property, plant and equipment

Other assets

Total assets

Liabilities and shareholders’ equity

Current liabilities

Long-term debt

Other liabilities

Shareholders’ equity

Total liabilities and shareholders’ equity

Net earnings

Net loss (earnings) from discontinued operations

Depreciation & amortization

Stock-based compensation

Results from equity investments

Other, net

Changes in operating assets and liabilities

Net cash provided by continuing operating activities

Capital expenditures and acquisition of intangible assets

Proceeds on sale of property

Proceeds from sale of investment in affiliated company

Acquisition of businesses, net of cash acquired

Net sales (purchases) of marketable securities

Net cash used in investing activities

Payments on long-term debt and revolving credit agreement

Stock issued to employees, net of shares withheld

Repurchase and retirement of common stock

Dividends paid

Other, net

Net cash used in financing activities

Cash (used in) provided by discontinued operations

(Decrease) increase in cash and cash equivalents

Cash and cash equivalents at beginning of year

Cash and cash equivalents at end of period