Exhibit 99.1
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 | | 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 |
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| | Press Release |
Knoll, Inc. Secondary Common Stock Offering Prices
EAST GREENVILLE, PA, August 2, 2006 -Knoll, Inc. (NYSE: KNL) today announced the pricing of the secondary offering by certain of its stockholders of 9,200,000 shares of common stock at $17.66 per share. The shares of common stock are being sold by Warburg, Pincus Ventures, L.P. and Burton B. Staniar. Warburg, Pincus Ventures, L.P. has also granted the underwriters of the offering an option to purchase up to an additional 1,366,362 shares of common stock. The offering was increased from the previously announced amount of 9,100,000 shares and an option of 1,365,000 shares. Knoll will not sell shares in the offering or receive any offering proceeds. The closing of the offering is expected to occur on or about August 8, 2006.
Goldman, Sachs & Co. and Banc of America Securities LLC are serving as joint book-running lead managers of the offering. UBS Investment Bank is serving as a co-manager of the offering. Copies of the final prospectus supplement relating to the offering may be obtained by contacting:
Goldman, Sachs & Co.
Attn: Prospectus Department
85 Broad St., New York, NY 10004
Fax: 212 902 9316 or email at prospectus-ny@ny.email.gs.com
Banc of America Securities LLC
Capital Markets Operations
100 West 33rd Street, 3rd Floor
New York, NY 10001
Attn: Prospectus Fulfillment
dg.prospectus_distribution@bofasecurities.com
Contacts:
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| Investors: | | Barry L. McCabe Senior Vice President and Chief Financial Officer Tel 215-679-1301 bmccabe@knoll.com |
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| Media: | | David E. Bright Vice President, Communications Tel 212-343-4135 dbright@knoll.com |
