HNI Corporation Announces Acquisition of Leading Indian Office Furniture Company, BP Ergo Limited

   HNI Corporation Announces Acquisition of Leading Indian Office Furniture
                           Company, BP Ergo Limited

PR Newswire

MUSCATINE, Iowa, Aug. 13, 2012

MUSCATINE, Iowa, Aug. 13, 2012 /PRNewswire/ -- HNI Corporation (NYSE: HNI)
announced today it has acquired BP Ergo Limited, a leading manufacturer and
marketer of office furniture in India which goes to market through a national
network of sales branches and dealers supported by two manufacturing
locations.

BP Ergo will operate as a focused, stand-alone business with a unique brand
position and strategy under HNI's split and focus business model.  The
acquisition is expected to have minimal impact on 2012 earnings.

"We're excited about the addition of BP Ergo to HNI.  BP Ergo's strong brand,
significant customer base and solid manufacturing capabilities provide
opportunity to drive aggressive growth in India, one of the largest and
fastest growing office furniture markets in the world.  Our entry into India
complements our experience and success in China and supports our international
strategy for expansion in fast-growing economies.  This is a great opportunity
to leverage HNI's broad capabilities and office furniture expertise to build
BP Ergo's strong position in India, drive improved customer performance and
deliver long-term profitable growth," said Stan Askren, Chairman, President
and CEO of HNI Corporation.

HNI Corporation is a NYSE traded company (ticker symbol: HNI) providing
products and solutions for the home and workplace environments.  HNI
Corporation is the second largest office furniture manufacturer in the world
and is also the nation's leading manufacturer and marketer of gas- and
wood-burning fireplaces.  The Corporation's strong brands, including HON^®,
Allsteel^®, Gunlocke^®, Paoli^®, Maxon^®, Lamex^®, HBF^® , Artco-Bell™,
Midwest Folding Products™, LSI Corporation of America™, Heatilator^®, Heat &
Glo^®, Quadra-Fire^® and Harman Stove™ have leading positions in their
markets.  HNI Corporation is committed to maintaining its long-standing
corporate values of integrity, financial soundness and a culture of service
and responsiveness.  More information can be found on the Corporation's
website at www.hnicorp.com.

This release contains "forward-looking" statements that refer to future events
and expectations.  These statements address future plans, outlook, objectives
and financial performance including expectations regarding BP Ergo's
contribution to earnings for 2012 and plans for integration and future
operations.  In addition, forward looking statements may be identified by
words such as "anticipate," "believe," "could," "confident," "estimate,"
"expect," "forecast," "hope," "intend," "likely," "may," "plan," "possible,"
"potential," "predict," "project," "should," "will," "would" and variations of
such words and similar expressions.  Forward-looking statements involve known
and unknown risks, which may cause the Corporation's actual future results to
differ materially from expected results.  These risks include, without
limitation:  the Corporation's ability to realize financial benefits from its
(a) price increases, (b) cost containment and business simplification
initiatives, (c) investments in strategic acquisitions, new products and brand
building, (d) investments in distribution and rapid continuous improvement,
(e) ability to maintain its effective tax rate, (f) repurchases of common
stock and (g) consolidation and logistical realignment initiatives;
uncertainty related to the availability of cash and credit, and the terms and
interest rates on which credit would be available, to fund operations and
future growth; lower than expected demand for the Corporation's products due
to uncertain political and economic conditions; slow or negative growth rates
in global and domestic economies and the protracted decline in the domestic
housing market; lower industry growth than expected; major disruptions at key
facilities or in the supply of any key raw materials, components or finished
goods; competitive pricing pressure from foreign and domestic competitors;
higher than expected costs and lower than expected supplies of materials;
higher costs for energy and fuel; changes in the mix of products sold and of
customers purchasing; relationships with distribution channel partners,
including the financial viability of distributors and dealers; restrictions
imposed by the terms of the Corporation's revolving credit facility and note
purchase agreement; currency fluctuations and other factors described in the
Corporation's annual and quarterly reports filed with the Securities and
Exchange Commission on Forms 10-K and 10-Q.  The Corporation undertakes no
obligation to update, amend or clarify forward-looking statements.

For Information Contact:
Derek P. Schmidt, Vice President, Corporate Finance (563) 272-7344
Kurt A. Tjaden, Vice President and Chief Financial Officer (563) 272-7400

SOURCE HNI Corporation

Website: http://www.hnicorp.com