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                                                                    Exhibit 99.2

FOR IMMEDIATE RELEASE

Contact:   Joseph P. Tomczak
           Chief Financial Officer
           (817) 885-0000

            KEVCO, INC. ANNOUNCES AGREEMENT TO SELL DUO-FORM DIVISION

FORT WORTH, TEXAS (APRIL 3, 2001) - Kevco, Inc. today announced that in
connection with the Company's plans to sell certain operating units, it has
reached an agreement in principle to sell its Duo-Form Division to Duo-Form
Acquisition, Inc., owned in part and managed by senior management of the
Duo-Form Division, for an aggregate purchase price of $5.5 million. The Company
has filed motions with the United States Bankruptcy Court in Fort Worth seeking
approval for the sale as well as associated bidding procedures. The Company will
seek Court consideration of the bid procedures as promptly as possible. The bid
procedures, if approved by the Court, will include a break-up fee to Duo-Form
Acquisition in the event the Company elects to consummate a transaction
providing a higher bid. The bid procedures will also provide for minimum bidding
increments that must be met before the Company could entertain higher bids. The
Company anticipates a hearing on the sale in late April.

         Kevco filed voluntary petitions for reorganization under Chapter 11 of
the United States Bankruptcy Code. The petitions were filed in the United States
Bankruptcy Court for the Northern District of Texas on February 5, 2001.

         Kevco, headquartered in Fort Worth, Texas, is a wholesale distributor
and manufacturer of building products for the manufactured housing and
recreational vehicle industries.

         This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include those relating to implementation of the
Company's cost improvement and operating efficiency initiatives, the effect of
installation of a new information system, the outlook for and advantages of
manufactured housing and includes statements relating to the Company or its
operations that include terms such as "expects," "believes," "anticipates,"
"intends," "goals" and similar expressions. Forward-looking statements are not
guarantees of future performance and involve risks and uncertainties. The
Company's actual results, performance and achievements could differ materially
from the results, performance or achievements expressed in, or implied by, these
forward-looking statements as a result of various factors, including without
limitation, the Company's substantial leverage and its effects on the Company's
ability to obtain additional capital as needed, the adequacy of existing funds
to meet liquidity needs, the Company's ability to integrate its operations and
realize savings from the implementation of its new management information
systems, the realization of savings from plant consolidations and staff
reduction; the ability of the manufactured housing industry to reduce inventory,
customer demand for manufactured housing and recreational vehicles, the effect
of general economic conditions, including increasing interest rates, the
availability of financing for manufactured housing customers and the impact of
raw materials prices. This press release speaks as of the date it is released.
The Company does not intend to, and does not undertake to, update information
contained in this press release absent an express obligation to do so in
connection with required filings under Federal securities laws. A description of
these factors, as well as other factors which could affect the Company's
business, is set forth in filings by the Company with the Securities and
Exchange Commission, including the Company's Form 10-K for the year ended
December 31, 1999 and Form 10-Q for the quarter ended September 30, 2000.