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Sealy Corporation Files Registration Statement For Initial Public Offering Of Common Stock

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Sealy Mattress Corporation announced that its parent company, Sealy Corporation, has filed a registration statement with the Securities and Exchange Commission in connection with a proposed initial public offering of its common stock. Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. will act as book runners for the proposed offering. When available, a copy of the preliminary prospectus relating to this offering may be obtained from Citigroup Global Markets Inc., Brooklyn Army Terminal, 8th Floor, 140 58th Street, Brooklyn, NY 11220, Attention: Prospectus Department (718-765-6732); or J.P. Morgan Securities Inc., One Chase Manhattan Plaza, New York, NY 10081, Attention: Prospectus Department (212-552-5164). Sealy is the largest bedding manufacturer in the world, and is the leading bedding company in the United States and Canada. Sealy produces and sells a full range of mattresses under the Sealy®, Sealy Posturepedic®, Stearns & Foster® and Bassett® brand names. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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