LifeStyle Furnishings Announces Greg Henderson as President/CEO - BenchCraft.

Business Editors

HIGH POINT, N.C.--(BUSINESS WIRE)--Feb. 13, 2001

Greg Henderson has been named President and CEO of BenchCraft, succeeding Tom Cunningham who has stepped down from day to day operations due to health related reasons.

Cunningham has been named Chairman

Henderson has served as BenchCraft's Executive Vice President of Operations/Manufacturing, having joined the company in 1998. Prior to joining BenchCraft, Henderson spent 21 years with General Motors and 5 years with GTE.

At GM, Henderson served in a wide range of assignments with its Delphi group including European Sales and Marketing Manager, Operations Manager for plants in Alabama with annual sales volume in excess of $750 million as well as other quality and engineering assignments.

He holds a B.S. in Business Administration from Athen's College, Athens, AL, is 46 years old, married and has a 6-year old son.

In commenting on Henderson's new role Alan Cole President and CEO of LifeStyle Furnishings International (BenchCraft's parent) said, "We are extremely fortunate to have someone of Greg's talent and experience to assume this important leadership role at BenchCraft."

Cole continued, "Greg has made an important contribution during the past several years as he has helped transform BenchCraft's operations into a customer focused, lean enterprise positioned for ongoing industry leadership. I'm confident that with Greg's leadership BenchCraft will continue to achieve ever higher levels of customer satisfaction and operational excellence."

LifeStyle Furnishings International Ltd. is the leading manufacturer and marketer of home furnishings products in the US, with annual sales of approximately $2 billion. LifeStyle leadership brands include Beacon Hill(R), BenchCraft(R), Berkline(R), Drexel Heritage(R), Henredon(R), LaBarge(R), Lexington(R), Maitland-Smith(TM), Robert Allen(TM)/Ametex(TM), Sunbury(TM), Universal(R) and LifeStyle Contract Furnishings.