HNI Corporation Announces 214th Consecutive Quarterly Dividend

MUSCATINE, Iowa--(Business Wire)--
HNI Corporation (NYSE: HNI) announced today its Board of Directors
declared a quarterly dividend of 21.5 cents per share on its common
stock.

This is the 214th consecutive dividend the Corporation has paid
since its first dividend in 1955. The dividend will be payable on
August 29, 2008, to shareholders of record at the close of business on
August 15, 2008.

HNI Corporation is a NYSE traded company 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(R), Allsteel(R), Gunlocke(R), Paoli(R), Maxon(R), Lamex(R),
HBF(R), Heatilator(R), Heat & GloTM, Quadra-Fire(R), and Harman
StoveTM 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. HNI Corporation's common stock is traded on the New
York Stock Exchange under the symbol HNI. More information can be
found on the Corporation's website at www.hnicorp.com.

Statements in this release that are not strictly historical,
including statements as to plans, outlook, objectives, and future
financial performance, are "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Words such as "anticipate," "believe," "could," "confident,"
"estimate," "expect," "forecast," "hope," "intend," "likely," "may,"
"plan," "possible," "potential," "predict," "project," "should,"
"will," and variations of such words and similar expressions identify
forward-looking statements. Forward-looking statements involve known
and unknown risks, which may cause the Corporation's actual results in
the future 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 for the entire Corporation,
(c) investments in strategic acquisitions, new products and brand
building, (d) investments in distribution and rapid continuous
improvement, (e) repurchases of common stock, (f) ability to maintain
its effective tax rate, and (g) consolidation and logistical
realignment initiatives; uncertainty related to the availability of
cash to fund future growth; lower than expected demand for the
Corporation's products due to uncertain political and economic
conditions, including, with respect to the Corporation's hearth
products, the protracted decline in the housing market; lower industry
growth than expected; major disruptions at our key facilities or in
the supply of any key raw materials, components or finished goods;
uncertainty related to disruptions of business by terrorism, military
action, acts of God or other Force Majeure events; competitive pricing
pressure from foreign and domestic competitors; higher than expected
costs and lower than expected supplies of materials (including steel
and petroleum based materials); higher than expected costs for energy
and fuel; changes in the mix of products sold and of customers
purchasing; restrictions imposed by the terms of the Corporation's
revolving credit facility, term loan credit agreement, 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, whether as a result of new information,
future events, or otherwise, except as required by applicable law.

HNI Corporation
Marshall H. Bridges, 563-272-4844
Vice President and Treasurer

Copyright Business Wire 2008