HBF ACQUIRED BY HNI CORPORATION

We are pleased to inform you of the impending purchase of HBF by the HNI Corporation. We are excited about this new association with an organization that is very complementary with our values and culture. HBF will continue to operate as an autonomous company, but we will also enjoy the new opportunities that will be made available by HNI’s extensive resources. HNI Corporation is recognized as a market leader in the many segments they supply. Our partnership will certainly strengthen our position as an important supplier for your office furniture needs.
 
Most importantly, the familiar names of your HBF and HBF Textiles sales consultants, customer service representatives and the executive management team will not change. They remain committed to providing you the superior quality, design and service you deserve.
 
All members of the HBF family extend their appreciation for your support and we look forward to an exciting and prosperous 2008 together.