NORTEK INC., ANNOUNCES THE OFFERING OF 2,300,000
SHARES OF ITS COMMON STOCK

PROVIDENCE, RI, May 12, 1998-Nortek, Inc.(NYSE:NTK) announced today the public offering of 2,000,000 shares of its common stock at $31.50 per share. In addition, Nortek has granted the Underwriters an over-allotment option covering up to an additional 3000,000 shares. The underwriting group is being managed by Bear, Stearns & Co. Inc., Paine Webber Incorporated and Wasserstein Perella Securities, Inc. Proceeds from the sale of shares will be used, in part, to finance the acquisition of NuTone Inc., an indirect wholly-owned subsidiary of Williams plc. The acquisition of NuTone is subject to expiration or termination of the applicable waiting period under the Hart Scott Rodino Antitrust Improvements Act of 1976, as amended. In the event that the acquisition is not consummated, the Company intends to use the net proceeds of the offering for general corporate purposes, including working capital requirements, capital additions, other acquisitions and possible reduction of indebtedness. The offering is expected to close May 15, 1998.

A copy of the final prospects relating to this offering can be obtained from Bear, Stearns & Co. Inc. at 245 Park Avenue, New York, New York 10167, telephone (212) 272-2000.

Nortek is a leading international manufacturer and distributor of high-quality, competitively priced building, remodeling and indoor environmental control products for the residential, commercial and industrial markets. The Company offers a broad array of products for improving the environments where people live and work. Its products include range hoods and spot ventilation products, heating and air conditioning systems, wood and vinyl windows and doors, vinyl siding products, air quality systems, and specialty electronic, wood and decorating products.

This release contains forward-looking statements relating to future financial results. Actual financial performance may differ as a result of factors over which the Company has no control. Additional information which could affect the company's financial results is included in the Company's Securities and Exchange Commission filings, copies of which are available from Nortek at no charge.

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