Underwriters Buy Additional Armstrong Shares

Lancaster, PA, Dec. 14, 2012 -- Armstrong World Industries said that underwriters exercised their option to purchase 780,000 additional shares of common stock following the closing of the secondary public offering of 5.2 million shares.

The shares were held by Armstrong's Asbestos Personal Injury Settlement Trust and Armor TPG Holdings.

All the shares were sold for $51 and the company did not receive any of the proceeds.