Financial News Release

05/13/03

La-Z-Boy Fourth Quarter Conference Call

MONROE, Mich., May 13 /PRNewswire-FirstCall/ -- La-Z-Boy Incorporated (NYSE: LZB; PCX) will report its April fourth quarter and full year financial results after the close of trading on the New York Stock Exchange on Wednesday, May 28, 2003 and will hold its quarterly investor conference call at 11 a.m. Eastern Time the following day, Thursday, May 29th.

The dial-in phone number for the live conference call will be (800) 374-1298 for persons calling from within the U.S. or Canada, and the number for international callers will be (706) 634-5855. The call will also be webcast live and archived on the Internet, and will be available at www.la-z-boy.com . A telephone replay will be available through noon on June 5th. This replay will be accessible to callers from the U.S. and Canada at (800) 642-1687 and to international callers at (706) 645-9291, with a passcode of 191820.

With annual sales in excess of $2 billion, La-Z-Boy Incorporated is one of the world's leading residential furniture producers and marketers. The corporation's operating units produce furniture for every room of the home and office, and La-Z-Boy 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 Alexvale, American Drew, American of Martinsville, Hammary, Kincaid, Lea and Pennsylvania House.

Additional information about the company is available at 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://my.lazboy.com/mygallery/investor_relations.htm

SOURCE  La-Z-Boy Incorporated
    -0-                             05/13/2003
    /CONTACT:  Mark Stegeman of La-Z-Boy Incorporated, +1-734-241-4418, or
mark.stegeman@la-z-boy.com /
    /Web site:  http://www.la-z-boy.com
                http://my.lazboy.com/mygallery/investor_relations.htm /
    (LZB)

CO:  La-Z-Boy Incorporated
ST:  Michigan
IN:  HOU REA
SU:  CCA MAV



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