Contact:   Mark Stegeman                               (734) 241-4418
mark.stegeman@la-z-boy.com

                La-Z-Boy Incorporated Appoints New Board Member

MONROE, Mich., May 31, 2001 - La-Z-Boy Incorporated (NYSE, PCX: LZB) announced
today that John H. Foss, chief financial officer and a director of
Michigan-based Tecumseh Products Company (NASDAQ: TECUA, TECUB) has been
appointed to the La-Z-Boy Incorporated board of directors to fill the remaining
term of Frederick H. ("Fritz") Jackson. Jackson, whose current La-Z-Boy
Incorporated directorship expires at the company's 2003 annual meeting,
announced his retirement from the board effective June 1, 2001.

Commenting on the appointment, La-Z-Boy Incorporated chairman Pat Norton said,
"We are delighted that John Foss has agreed to join our board. John brings with
him a set of excellent financial and analytical skills, combined with extensive
global manufacturing knowledge. We're looking forward to his future
contributions to our board sessions."

A Michigan native and certified public accountant, Foss joined Tecumseh in
January 1979 and was elected treasurer and chief financial officer in October of
that year. He was named vice president, treasurer and chief financial officer in
1980 and elected to Tecumseh's board of directors in 1981. Foss began his career
in public accounting with Arthur Andersen in 1971 and two years later joined the
Lynch Corporation in Detroit, Michigan, as treasurer and controller - a position
he held until leaving to join Tecumseh. He is an undergraduate of Albion
College, and earned his MBA degree from the University of Michigan.

Norton added, "Fritz has served this company with unwavering dedication since
joining our board in 1971. During his tenure, La-Z-Boy grew from a mid-sized
furniture manufacturer to the leading company in our industry today. We will
miss Fritz very much, and wish him the very best in his retirement years."

La-Z-Boy Background Information

With annual sales in excess of $2 billion, La-Z-Boy Incorporated is one of the
world's largest residential furniture producers, employing more than 20,000
people company wide and operating 55 manufacturing facilities in ten states and
four foreign countries. The La-Z-Boy Incorporated family of companies -
Alexvale, American Drew, Bauhaus, Centurion, Clayton Marcus, England, Hammary,
HickoryMark, Kincaid, La-Z-Boy, La-Z-Boy Contract Furniture Group, Lea,
Pennsylvania House, Pilliod and Sam Moore - produces furniture for every room of
the home and office. And, under the American of Martinsville brand name,
La-Z-Boy is also a leading manufacturer of contract furniture for the
hospitality and assisted-living markets.

La-Z-Boy Incorporated's vast distribution network of proprietary retailers,
which includes 290 La-Z-Boy Furniture Galleries(R) and 319 La-Z-Boy In-Store
Gallerys, in-store gallery programs at Kincaid, Pennsylvania House and Clayton
Marcus, England's Custom Comfort Centers and Lea's Kid's Generation displays,
contains over 9 million square feet of retail floor space dedicated exclusively
to selling La-Z-Boy products. According to industry trade publication
Furniture/Today, the La-Z-Boy Furniture Galleries retail network by itself
represents the industry's sixth largest U.S. furniture retailer. La-Z-Boy's
stock is traded on the New York and Pacific stock exchanges under the trading
symbol: LZB. Additional information on the company is available at
www.la-z-boy.com.