Financial News Release

05/31/06

La-Z-Boy Year-End Conference Call

MONROE, Mich., May 31, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- La-Z-Boy Incorporated (NYSE: LZB; PCX) will report its fourth-quarter and full fiscal 2006 year operating results after the close of trading on the New York Stock Exchange on Tuesday, June 6, 2006, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 7, 2006.

The dial-in phone number for the live conference call will be (877) 407-3140 for persons calling from within the U.S. or Canada, and the number for international callers will be (201) 689-8473. The call will also be webcast live and archived on the Internet, and will be available at http://www.la-z-boy.com/about/investorRelations/conf_calls.aspx . A telephone replay will be available for a week following the call. This replay will be accessible to callers from the U.S. and Canada at (877) 660-6853 and to international callers at (201) 612-7415, enter account #286 with a Conference ID #203066.

Additional Information

This news release is just one part of La-Z-Boy's financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at http://www.la-z-boy.com/about/investorRelations/sec_filings.aspx . Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at: http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx .

Background Information

With annual sales of approximately $2 billion, La-Z-Boy Incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home, as well as for the hospitality, health care and assisted-living industries. The La-Z-Boy Upholstery Group companies are Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid, Lea and Pennsylvania House.

The corporation's vast proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated products and brands, and includes 336 stand-alone La-Z-Boy Furniture Galleries(R) stores and 338 La-Z-Boy In- Store Galleries, in addition to in-store gallery programs at the company's Kincaid, Pennsylvania House, Clayton Marcus, 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

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