Leggett Announces Quarterly Dividend

    CARTHAGE, Mo., Aug. 7 /EMWNews/ --



    -- 3Q dividend is $.25 per share, 39% higher than the 3Q 2007 dividend

of $.18.



    -- 37 consecutive annual dividend increases, averaging over 14%

compound annual growth.



    37th Consecutive Year to Increase Dividend



    Leggett & Platt's Board of Directors today declared a $.25 per share

dividend for the third quarter. This represents a 39% increase over last

year's second quarter dividend of $.18 per share. The dividend will be paid

on October 15, 2008 to shareholders of record on September 15, 2008.

Leggett has increased its annual dividend for 37 consecutive years, at a

compound annual growth rate of over 14%. Only one other S&P 500 company has

achieved as long a string of consecutive annual dividend increases at the

growth rate Leggett has sustained.



    FOR MORE INFORMATION: Visit Leggett's website at

http://www.leggett.com.



    COMPANY DESCRIPTION: Leggett & Platt (NYSE: LEG) is a FORTUNE 500

diversified manufacturer that conceives, designs and produces a broad

variety of engineered components and products that can be found in

virtually every home, office, retail store, and automobile. The company

serves a broad suite of customers that comprise a "Who's Who" of U.S.

manufacturers and retailers. The 125-year-old firm's continuing operations

are composed of 21 business units, 24,000 employee-partners, and more than

250 facilities located in 20 countries.



    Leggett & Platt is North America's leading independent manufacturer of:

a) components for residential furniture and bedding; b) retail store

fixtures and point of purchase displays; c) components for office

furniture; d) drawn steel wire; e) automotive seat support and lumbar

systems; f) carpet underlay; g) adjustable beds; and h) bedding industry

machinery for wire forming, sewing and quilting.



    CONTACT: Investor Relations, (417) 358-8131 or [email protected]



    David M. DeSonier, Vice President of Strategy and Investor Relations



    Susan R. McCoy, Director of Investor Relations