Exhibit 99.1
Tempur-Pedic International Confirms Partial Distribution by Major Stockholder
LEXINGTON, Ky., April 26, 2005 - PRNewswire: Tempur-Pedic International Inc. (NYSE: TPX), the market-leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, confirmed that it has been informed by Friedman, Fleischer & Lowe, LLC (FFL) that FFL has made a partial distribution to its partners of a total of 7 million shares of Tempur-Pedic International common stock.
The Company further noted that FFL acquired these shares in connection with its original investment in the Company in November 2002, and that after giving effect to this distribution FFL will still be a significant stockholder, owning approximately 6 million shares of the Company’s common stock. In addition, two persons affiliated with FFL remain on the Tempur-Pedic Board of Directors.
About the Company
Tempur-Pedic International Inc. (NYSE: TPX) manufactures and distributes Swedish Mattresses and Neck Pillows™ made from its proprietary TEMPUR® pressure-relieving material: a visco-elastic material that conforms to the body to provide support and help alleviate pressure points. Products are currently sold in 60 countries under the TEMPUR and Tempur-Pedic® brand names. World headquarters for Tempur-Pedic International Inc. are in Lexington, Kentucky. For more information about the Company, visit www.tempurpedic.com.