Huttig Building Products, Inc. presentation

One Truck. Many Brands. One Solution.

Southwestern Showcase Investor Conference

Jon Vrabely, COO, and Dave Fleisher, CFO

Dallas, Texas, November 15, 2006

Exhibit 99.1

Forward-Looking Statements

•

With the exception of historical information, the matters disclosed in

this presentation are forward-looking statements.

•

Such statements involve certain risks and uncertainties that could

cause actual results to differ materially from those in the forward-

looking statements. Potential risks and uncertainties are described

in the Company’s filings with the Securities and Exchange

Commission, including its 2005 Form 10-K.

•

These forward-looking statements represent the Company’s

judgment as of the date of this presentation. The Company

disclaims any intent or obligation to update these forward-looking

statements.

Who We Are

•

One of the largest national distributors of millwork, and the only

national distributor that sells millwork, specialty building products

and wood products

•

Products offered used for new residential construction and home

improvement, remodeling and repair

•

Sell to pro dealers who service pro builders, remodeling contractors

and DIY customers

•

Over 100,000 SKUs, with 42 distribution centers, serving 46 states,

covering 80% of housing starts

•

121 years old, 20.3 million shares outstanding

•

FY05 sales $1.1 billion, operating margin 2.9%, net margin 1.6%,

$0.84 per share diluted

•

Strong balance sheet

Where We Fit In

Two-Step Advantage

•

Many products don’t lend themselves to direct distribution

•

Two-step provides value-added services, economies of scale, reduced logistics costs

Building

Products

Manufacturers

Two-Step

Distributors

One-Step

Pro Dealer

Professional

Home Builder /

Remodeler

Huttig plays a key role in moving products on just in time basis

Our Value Proposition

•

Products we sell

–

Save job site time and labor

–

Enable pro dealers to offer

the variety of products that

builders want

•

Service is key

–

Breadth and depth of SKUs

–

Delivering the right product at

the right time

•

National footprint

–

Enables us to service a

growing number of national

pro dealers and national

vendors

The Challenge Today

•

Starts have fallen dramatically

–

3Q06: 1.7 million annualized rate

–

2Q06: 1.9 million annualized rate

–

3Q05: 2.1 million annualized rate

•

Impact on Huttig 9M06 vs. 9M05

Performance

–

Sales up 5% to $872 million

–

Gross profit margin 18.5% vs. 19.1%

–

Operating loss of ($1.5) million vs. profit of $26.0 million

–

3Q06 includes $17.2 million in charges

–

4Q06 projected to include $1.4 million in charges

The Opportunity Tomorrow

•

Starts expected to average 2

million/year for next 10 years

–

Immigration

–

Baby boomer 2nd homes

–

Echo baby boomer 1st homes

–

Tear-downs

•

Continued consolidation among

manufacturers, distributors, pro

dealers, pro builders

Pro-Active Steps Already Taken

•

$11+ million in annual savings

–

Closed or consolidated 5

branches

–

Cut 240 positions (11% of

workforce)

–

Wrote off discontinued inventory

–

Eliminated costly Oracle project

•

More to come

–

Reducing inventory levels

–

Cutting rental expenses

–

Decreasing contract labor costs

Disciplined & Focused Strategy Going Forward

•

Improve service proposition

•

Continue growth

–

Enhance customer targeting

–

Continue to pursue national vendor

strategy

–

Acquisitions

•

Sharpen focus on financial

performance

Strong Balance Sheet to Pursue Growth

•

Strong current ratio

•

New $160M credit facility

increases flexibility

•

$4.40 per share in tangible

book value

•

Total debt to cap of 39.2%

At 9/30/06 ($ in Millions)

$308

Total Liabilities &

Shareholders’

Equity

$114

Total Shareholders’

Equity

$70

Long-Term Liabilities

$124

Current Liabilities

$308

Total Assets

$30

Other

$31

PPE

$247

Current Assets

Outlook

•

FY06

–

$1.1 billion sales

–

After 3Q and 4Q charges, expect

modest operating loss (before

interest, write-off of unamortized loan

fees and taxes)

•

FY07

–

Expand market share

–

Expand national vendor programs

–

Increase sales to national accounts

–

Improve operational discipline

•

FY08-09

–

Market rebound

–

Better position to capture growth

Long Term Objective

•

5% operating margin

Value-Added Services

Huttig is Nation’s Largest Wholesaler of Pre-Hung Doors

•

Pre-hanging saves hours of job site labor

•

Pre-hung doors generally sell for more than 20% margins

Improving Branch Service, Growth & Profitability

•

Service, not just price, is critical

to customers and their

profitability

•

Big opportunity

–

One-third of branches great

service

–

One-third OK

–

One-third need improvement

•

Implementing “best practices”

throughout the branch network

•

Improving customer targeting

•

P&L managers now in every

branch

National Vendor Strategy

•

National distribution rights

to most popular brands in

key categories

•

Provides benefits to both

manufacturers and

customers

•

Enables Huttig to

increase sales to national,

regional and local

accounts

National Account Strategy

Huttig’s National Account Sales 18% CAGR 2002-2005

Acquisitions

•

Objectives

–

New geographic locations

–

Expand share and leverage

in existing markets

–

12-15% ROI

•

Smaller Firms

–

Excellent acquisition

opportunities

–

49% market share

–

Mostly family-owned

Source:

HCN

Top

150

Distributor

Scorecard

July

2006.

Excludes

retailers

and

buying

groups

such

LMC,

Best,

True

Value,

ACE

Hardware and ENAP

Building Products

Distribution Market*

Top 10

Distributors

(includes

Huttig)

$28 Billion

129 Smaller

Firms

$27 Billion

Compelling Valuation

0.96

1.32

1.40

1.57

2.18

3.28

Huttig’s Price to Book at Significant Discount to Peers (11/07/06)*

* Source:

Capital IQ,

division of

Standard &

Poor’s

Conclusion

•

Mid-

to long-term housing

forecast is strong –

2 million starts/year

•

No significant national

competition in millwork –

accounts for 50%+ of sales,

requires value added

services

•

National footprint along with national vendor strategy uniquely

positions Huttig to capitalize on continued consolidation of national

pro dealers and pro builders

•

Financial flexibility from new $160M credit facility enables Huttig to

capitalize on value added growth and acquisition opportunities

Investor Contacts

Steven Anreder (Steven.Anreder@Anreder.Com)

Gary Fishman (Gary.Fishman@Anreder.Com)

Anreder & Company

Phone: 212.532.3232

Investor

Relations

Agency

Ken Young, Treasurer

Huttig Building Products, Inc.

555 Maryville University Drive

St. Louis, MO 63141

Phone: 314.216.2648

Email: KYoung@Huttig.Com

Huttig

One Truck. Many Brands. One Solution.

Southwestern Showcase Investor Conference

Jon Vrabely, COO, and Dave Fleisher, CFO

Dallas, Texas, November 15, 2006