Armstrong to Review Strategic Alternatives

Lancaster, PA, February 15, 2007--Armstrong World said today that it has initiated a review of its strategic alternatives. The company has retained Lazard Freres & Co. LLC as its financial advisor and Weil, Gotshal & Manges LLP as its legal advisor to assist in this process.

The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust, the holder of approximately 66% of AWI's outstanding common shares, has retained Merrill Lynch as its financial advisor and Keating Muething & Klekamp PLL and Kaplan, Strangis and Kaplan, P.A. as its legal advisors.

The company said in that announcement that there can be no assurance as to the likelihood, terms or timing of any transaction.