1050825--4/20/2007--STEELCASE

related topics

{condition, economic, financial}

{customer, product, revenue}

{cost, operation, labor}

{acquisition, growth, future}

{competitive, industry, competition}

{tax, income, asset}

{cost, regulation, environmental}

{product, liability, claim}

{system, service, information}

We may not be able to successfully implement and manage our growth strategy. We operate in a highly competitive environment and may not be able to compete successfully. Our efforts to restructure our industrial model may not be successful. Our global operations subject us to risks that may negatively affect our results of operations and financial condition. A downturn in the cyclical office furniture industry could adversely impact our revenues and profits. Disruptions to the supply of raw materials, component parts and labor in our manufacturing operations could adversely affect our supply chain management. We could be adversely affected by increasing raw material costs. Disruptions within our dealer network could adversely affect our business. We could be adversely affected by product defects. There may be significant limitations to our utilization of net operating losses to offset future taxable income.

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1050825--4/20/2007--STEELCASE_INC