SAFE HARBOR PROVISION

There are certain forward-looking statements under the Overview, Liquidity and Capital Resources, Year 2000, and Euro Conversion sections, particularly those with respect to the Company's future product offerings and liquidity and capital needs; future capital expenditures; conversion of Class B common shares to Class A common shares; the expected ability of and costs to the Company and its key customers, dealers and suppliers to successfully manage Year 2000 issues; and the impact of the Euro conversion on the financial position of Steelcase Strafor and the Company. Such statements involve certain risks and uncertainties that could cause actual results to vary from stated expectations. The Company's performance may differ materially from that contemplated by such statements for a variety of reasons, including, but not limited to, competitive and general economic conditions; changes in customer order patterns; continued success in technological advances, including development and implementation of new processes and strategic products for specific market segments; the ability to grow new businesses and successfully integrate and operate any acquired businesses; the impact on the Company's business due to internal systems or systems of suppliers, key customers, dealers and other third parties adversely affected by Year 2000 issues; costs, including claims, due to Year 2000 issues and remediation efforts; the future success of new products and their impact on our manufacturing processes; the impact of the Euro conversion, and other risks detailed in the Company's 10-K Report for the year ended February 26, 1999, and its other filings with the Securities and Exchange Commission.