Flexsteel Announces Quarterly Dividend

    DUBUQUE, Iowa--March 14, 2001--Flexsteel Industries, Inc. announces its second quarter dividend of $ .13 per share payable April 2, 2001 to shareholders on record as of March 22, 2001. Flexsteel has paid cash dividends each year since 1938 on its common stock. This is the 237th consecutive cash dividend. A manufacturer of upholstered furniture, Flexsteel Industries, Inc. is headquartered in Dubuque, Iowa, with additional factories in Lancaster, Pennsylvania; Harrison, Arkansas; Riverside, California; New Paris and Elkhart Indiana; Dublin, Georgia and Starkville, Mississippi.