Flooring America Announces Extension of Redemption and Consent Solicitation for Senior Subordinated Notes

Flooring America, Inc. announced the amendment of the terms of the consent solicitation relating to the Company's senior subordinated Notes.

The amendment will extend the expiration date from 5:00 P.M., EST, on February 11, 2000 to 5:00 P.M., EST, February 23, 2000.

As of February 11, 2000, the holders of $96.0 million outstanding senior notes tendered their notes for consent and the partial redemption offer by the Company.

Flooring America is the only publicly traded retail franchisor of floorcovering products. The company's retail network extends to 1,000 locations, including 300 company owned operations.

Edited by Anndrea Vorobej