MONROE, Mich., Feb 08, 2005 /PRNewswire-FirstCall via COMTEX/ -- Directors of La-Z-Boy Incorporated (NYSE: LZB; PCX) today declared a quarterly cash dividend on the company's common stock of $0.11 per share. The dividend is payable March 10, 2005 to shareholders of record as of February 25, 2005.

With annual sales of $2 billion, La-Z-Boy Incorporated is one of the world's leading residential furniture producers and marketers. La-Z-Boy's operating units produce furniture for every room of the home and office, and the company is also a leading manufacturer of hospitality and assisted-living contract furniture and specialized health care seating. The La-Z-Boy Incorporated Upholstery Group family of companies includes Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, La-Z-Boy Contract Furniture Group and Sam Moore, while the Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid, Lea and Pennsylvania House.

Additional information about the company is available at http://www.la-z-boy.com , and an e-mail service which provides notification of new news releases, SEC filings and investor conference calls is available at: http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx

SOURCE La-Z-Boy Incorporated

Mark Stegeman of La-Z-Boy Incorporated, +1-734-241-4418, or
mark.stegeman@la-z-boy.com

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