Armstrong World Industries Inc. (ticker: ACKHQ.OB, exchange: OTC Bulletin Board (.OB)) News Release - 8/15/2006
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Court Confirms Armstrong Plan of Reorganization
Decision Approves Comprehensive Plan to Resolve Asbestos Liability and Paves
Way for Company to Emerge from Chapter 11 During Fourth Quarter of 2006
LANCASTER, Pa., Aug. 15 /PRNewswire-FirstCall/ -- Armstrong World Industries, Inc. ("AWI"), a global leader in the design and manufacture of flooring, ceilings and cabinets, announced today that U.S. District Court Judge Eduardo Robreno issued a decision confirming AWI's "Fourth Amended Plan of Reorganization, as Modified," dated February 21, 2006 (the "Plan"). The Company expects that a formal confirmation order will be entered by the District Court shortly. AWI currently expects to emerge from Chapter 11 in the fourth quarter of 2006.
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