Deignan New Director at Flexsteel

    DUBUQUE, Iowa--Dec. 14, 2001--The Board of Directors of Flexsteel Industries, Inc. , in a meeting December 10, 2001, appointed Mr. Robert E. Deignan, Attorney at Law, to the Board of Directors.
    Mr. Deignan is a partner with Baker & McKenzie, an international legal firm where he specializes in advising both U.S. and non-U.S. lenders and buyers in U.S. real estate. During his 37 year tenure with Baker & McKenzie, he served on the firm's executive committee and policy committee. His responsibilities included overseeing day-to-day operations of 6,500 employees and attorneys in 53 offices around the world.
    "Robert Deignan is a seasoned executive whose knowledge and experience will add valuable depth to our Board", said K. Bruce Lauritsen, Flexsteel's President and Chief Executive Officer.
    "We are pleased to have someone with Deignan's qualifications on our Board," said L. Bruce Boylen, Flexsteel's Chairman. "His financial, managerial and legal experience, as well as his history with Baker & McKenzie, will be an asset to Flexsteel's future."
    Flexsteel is a specialist in seating; its upholstered furniture is sold nationally by independent dealers and Comfort Gallery dealers. Flexsteel is also a leading supplier of seating for recreational vehicles, and a major seating supplier to the hospitality and health care industries. The company, over a century old, has annual sales approaching $285 million. Its stock is listed on NASDAQ as FLXS.