MONROE, Mich., Aug. 20 /PRNewswire-FirstCall/ -- La-Z-Boy Incorporated (NYSE: LZB) today announced the preliminary results of its Fiscal 2008 Annual Meeting of Shareholders, held at the company's corporate headquarters in Monroe, Michigan.

    Shareholders re-elected four directors for a term of three years.  They
are:

    Kurt L. Darrow;
    James W. Johnston;
    H. George Levy, M.D; and
    W. Alan McCollough.

    Shareholders also voted to:
    -- ratify the selection of PricewaterhouseCoopers LLP as the company's
       independent registered public accounting firm for fiscal 2009; and
    -- approve an amendment to La-Z-Boy's articles of incorporation
       eliminating the high vote requirement for certain mergers and other
       transactions.

    Shareholders defeated proposals to:
    -- approve amendments to the company's articles of incorporation and
       bylaws reducing the vote required for shareholders to amend its bylaws
       from 67% to a majority; and
    -- amend the company's bylaws to reorganize the Board of Directors into
       one class, with each director serving a term of one year.


    Background Information

La-Z-Boy Incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home. The La-Z-Boy Upholstery Group companies are Bauhaus, England and La-Z-Boy. The La-Z-Boy Casegoods Group companies are American Drew/Lea, Hammary and Kincaid.

The corporation's proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated products and brands, and includes 333 stand-alone La-Z-Boy Furniture Galleries(R) stores, 21 La-Z-Boy In-Store Galleries and 387 Comfort Studios, in addition to in-store gallery programs at the company's Kincaid, England and Lea operating units. According to industry trade publication In Furniture, the La-Z-Boy Furniture Galleries retail network is North America's largest single-brand furniture retailer. Additional information is available at http://www.la-z-boy.com/.

SOURCE  La-Z-Boy Incorporated
    -0-                             08/20/2008
    /CONTACT:  Kathy Liebmann, +1-734-241-2438, kathy.liebmann@la-z-boy.com/
    /Web site:  http://www.la-z-boy.com /
    (LZB)

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

AR-BS
-- CLW080 --
6750 08/20/2008 15:09 EDT http://www.prnewswire.com