Sale of Armstrong Shares Prompts Board Changes

Lancaster, PA, Sept. 2, 2009--In the wake of TPG Capital's purchase of 7 million shares of Armtrong World Industries, the flooring maker has announced the resignation of four members its board of directors.

Armstrong said that Robert C. Garland, Russell F. Peppet, Arthur J. Pergament, and Hon. Alexander M. Sanders, Jr. are all leaving the board no later than Sept. 11

The directors are submitting their resignations in order to make rooms for four new directors, two to be designated by Armor TPG Holdings LLC and two to be designated by the Armstrong's Asbestos Personal Injury Settlement Trust, which sold the shares to TPG Capital.

The changes were outlined in the shareholders agreement between Armor TPG Holdings and the Settlement Trust.