Norcraft Companies Inc : Norcraft Companies, Inc. Announces Exercise of Over-Allotment Option

Norcraft Companies, Inc. ("we," the "Company" or "Norcraft") (NYSE:NCFT), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today that the underwriters of its recent initial public offering have fully exercised their option to purchase up to 959,561 additional shares of the Company's common stock. Including these additional 959,561 shares, the Company's common stock offering totaled 7,356,634 shares at a price to the public of $16.00 per share. The sale of these additional shares closed on November 19, 2013. Including the proceeds from the sale of these additional shares, the aggregate net proceeds to the Company from the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $106.5 million.

Citigroup, UBS Investment Bank, Deutsche Bank Securities and RBC Capital Markets are acting as joint book-runners of the offering. KeyBanc Capital Markets and Stephens Inc. are acting as co-managers. The offering of these securities is being made only by means of a prospectus. Copies of the prospectus can be obtained from:

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 6, 2013. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Norcraft Companies

Norcraft is a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada. We provide our customers with a single source for a broad range of high-quality cabinetry, including stock and semi?custom cabinets manufactured in both framed and frameless (full access) construction. We market our products through seven main brands: Mid Continent Cabinetry, Norcraft Cabinetry, UltraCraft, StarMark Cabinetry, Fieldstone Cabinetry, Brookwood and Urban Effects.

Forward?Looking Statements and Information:

Statements in this press release regarding activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward?looking statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as ''anticipate,'' ''estimate,'' ''expect,'' ''project,'' ''intend,'' ''plan,'' ''believe'' and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events in the future.

These forward?looking statements are based on management's expectations and beliefs concerning future events affecting the Company. They are subject to uncertainties and factors relating to the Company's operations and business environment, all of which are difficult to predict and many of which are beyond the Company's control. Many factors could cause actual results to differ materially from these forward?looking statements, including, but not limited to, the risks outlined under the headings "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in our registration statement on file with the SEC. Because of these factors, investors should not place considerable reliance on any of these forward-looking statements. Further, any forward?looking statement speaks only as of the date on which it is made and, except as required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

Investor Relations:
Rodny Nacier, 651-234-3302
Investorrelations@norcraftcompanies.com