SAFE
HARBOR PROVISION
There are certain forward-looking statements under
the Liquidity and Capital Resources, Year 2000, and Euro Conversion
sections, particularly those with respect to the Company’s
future 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
domestically and internationally; currency fluctuations; changes
in customer order patterns; the success of new products and
their continuing impact on the Company’s manufacturing processes;
the Company’s ability to improve margins on new products,
to successfully integrate acquired businesses, to reduce costs,
including ramp up costs associated with new products, and
to successfully implement technology initiatives; 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 impact
of the euro conversion, the sufficiency of the reserve established
with regard to material and installation costs associated
with Pathways product line improvements and other risks detailed
in the Company’s 10-K Report for the year ended February 25,
2000, and its other filings with the Securities and Exchange
Commission.
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