EXHIBIT 99

                  [FALCON LOGO]


FOR FURTHER INFORMATION


AT THE COMPANY:
David L. Morley
President & Chief Operating Officer
9387 Dielman Industrial Drive
St. Louis, MO 63132 (314) 991-9200

FOR IMMEDIATE RELEASE
WEDNESDAY, FEBRUARY 11, 2004

       FALCON PRODUCTS REPORTS RESULTS FOR FISCAL 2003 FOURTH QUARTER
       --------------------------------------------------------------
        AND FULL YEAR; ANNOUNCES RESTRUCTURED SENIOR CREDIT FACILITY
        ------------------------------------------------------------

 COMPANY ANNOUNCES NEW ISSUANCE OF JUNIOR SUBORDINATED CONVERTIBLE DEBENTURES

                  ST. LOUIS, MISSOURI, FEBRUARY 11, 2004 -- Falcon Products,
Inc. (NYSE: FCP), a leading manufacturer of commercial furniture, today
announced sales and operating results for its fourth quarter and full fiscal
year 2003. While sales and earnings were less than the prior year, earnings
were impacted by largely non-cash charges associated with the previously
announced restructuring of its manufacturing operations and a change in the
accounting treatment of net deferred tax assets. The restructuring actions
should generate $8 to $10 million in savings in 2004. The Company also
announced a refinancing package which substantially increases its credit
facility at improved interest rates and more flexible covenants. This in
combination with the restructuring of its manufacturing operations strongly
positions the Company going into 2004.

         Net sales for the fourth quarter of 2003 were $65.7 million,
compared with $75.8 million in the fourth quarter of 2002. The Company
reported a net loss for the quarter of $16.0 million, or $1.77 per diluted
share, including nonrecurring charges, compared with net earnings of $1.2
million, or $0.13 per diluted share, including a nonrecurring gain, in the
fourth quarter of 2002. The fourth-quarter 2003 results include charges
related to the restructuring of the Company's manufacturing facilities, the
write-down of inventory costs, and the recording of a valuation allowance
for net deferred tax assets. These charges totaled $13.1 million, or $1.45
per diluted share.

         For the 2003 fiscal year, net sales were $251.8 million, compared
with $277.5 million in the prior year. The Company reported a net loss for
the year of $22.5 million, or $2.49 per diluted share, including
nonrecurring charges, compared with net earnings of $0.7 million, or $0.08
per diluted share, including a net nonrecurring gain, in 2002. The 2003
results include charges related to the restructuring of the Company's
manufacturing facilities, the freezing of benefits under the Company's
defined benefit pension plan, the write-off of deferred debt issuance costs,
the write-down of inventory costs, and the recording of a deferred tax
valuation allowance. These charges totaled $18.3 million, or $2.02 per
diluted share.


                               PRESS RELEASE




                  [FALCON LOGO]

Falcon Products
Add  - 2 -


         Franklin A. Jacobs, Chairman and Chief Executive Officer, said
"Despite the difficult market conditions in 2003, the Company achieved solid
growth in the contract office market and strong growth in the food service
market, excluding the impact from the business with Boston Market, which was
successfully completed at the beginning of 2003. While the hospitality
market is showing signs of improving, it did not translate into sales during
the fourth quarter."

         David L. Morley, President and Chief Operating Officer added,
"Although 2003 was a more difficult year for our industry than anyone
expected, we have made the changes necessary to significantly improve
profitability. The previously announced closure of the facilities in
Zacatecas, Mexico and Canton, Mississippi will substantially reduce costs,
simplify processes and increase speed of our operations. Additionally, the
Company restructured its wood frame supply chain in Europe, taking both time
and costs out of the system. The full year impact of these actions, on 2003
level of sales, is in the range of $8 to $10 million of operating income."

         The Company further announces an expanded debt facility that
provides substantial operating flexibility at lower interest rates and
improved covenants. This was accomplished in two ways. First, the company
sold $4.15 million in newly issued 12% junior subordinated convertible
debentures due 2010. The debentures, which were primarily purchased by
directors and other related parties of the Company, are junior to the
Company's existing senior subordinated notes. Secondly, the Company amended
and restated its senior credit facility. The facility was restructured to
pay off the existing term loan B in the original principal amount of $35
million and obtain a new term loan B in the principle amount of $50 million.
In addition, the interest rate provisions for the term loan B portion were
adjusted down to 15%, and the covenant provisions of the facility were
improved. The new term loan B matures in June 2007. The proceeds of the new
term loan B were used to pay off the existing term loan B in full and to pay
fees and expenses incurred in connection with the refinancing and the
remainder of the net proceeds, as well as the proceeds from the issuance of
the debentures, will be used for working capital and general corporate
purposes.

         Mr. Jacobs stated, "The new financing agreement will provide the
capital, at a lower interest rate, to fully execute our plans. Our cost
structure has been dramatically changed and our markets appear to be
strengthening. We are in an excellent position going into 2004."

         Falcon Products, Inc. will conduct a conference call to discuss
fiscal 2003 fourth-quarter results on February 12, 2004, at 10:00 a.m. EDT.
The call will be Web cast at www.companyboardroom.com and
www.thefalconcompanies.com.

         Falcon Products, Inc. is the leader in the commercial furniture
markets it serves, with well-known brands, the largest manufacturing base
and the largest sales force. Falcon and its subsidiaries design, manufacture
and market products for the hospitality and lodging, food service, office,
healthcare and education segments of the


                               PRESS RELEASE




                  [FALCON LOGO]

Falcon Products
Add  - 3 -


commercial furniture market. Falcon, headquartered in St. Louis, Missouri,
currently operates 9 manufacturing facilities throughout the world and has
approximately 2,000 employees.

Safe harbor statement under the Private Securities Litigation Reform Act of
1995: Statements contained in this news release which are not historical
fact, such as forward-looking statements, involve risks and uncertainties,
including, but not limited to, loss of key customers or suppliers within
specific industries, availability or cost of raw materials, and increased
competitive pricing pressures reflecting industry conditions. Additional
cautionary statements regarding other risk factors that could have an effect
on future performance of the Company are described in Falcon's periodic
filings with the Securities and Exchange Commission. Although Falcon
believes the expectations reflected in any forward-looking statements are
based on reasonable assumptions, Falcon can give no assurance that its
expectations will be attained. Any forward-looking statements represent the
best judgment of Falcon as of the date of this release. Falcon disclaims any
intent or obligation to update any forward-looking statements.







                  [FALCON LOGO]

FALCON PRODUCTS, INC.
ADD  -4-


                                                        FALCON PRODUCTS, INC.
                                           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                             FOURTH QUARTER AND FISCAL YEAR 2003 RESULTS
                                              (In thousands, except per share amounts)
                                                             (Unaudited)


                                                               Fourth Quarter Ended                         Year Ended
                                                         --------------------------------       ----------------------------------
                                                          Nov. 1,     Nov.2,         %           Nov. 1,      Nov, 2,         %
                                                            2003       2002        Change         2003          2002        Change
                                                         --------     -------      ------       --------      --------      ------
                                                                                                          
Net sales                                                $ 65,652     $75,790      -13.4%       $251,802      $277,537       -9.3%
Cost of sales, including restructuring charge              58,588 (a)  58,225        0.6%        203,087 (a)   212,402       -4.4%
                                                         --------     -------                   --------      --------
Gross margin                                                7,064      17,565      -59.8%         48,715        65,135      -25.2%
Selling, general and administrative expenses               11,974      11,685        2.5%         44,576        46,147       -3.4%
Interest and other                                          5,049       4,292       17.6%         17,781        17,140        3.7%
Loss on early extinguishment of debt                            -           -        N/M           1,564 (b)         -        N/M
Loss on curtailment of pension plan                           121 (c)       -        N/M           1,954 (c)         -        N/M
Restructuring charge                                        2,496 (a)    (801)(d)    N/M           4,476 (a)      (162)(d)    N/M
                                                         --------     -------                   --------      --------
Pre-tax earnings (loss)                                   (12,576)      2,389        N/M         (21,636)        2,010        N/M
Income taxes (benefit)                                      3,432 (e)   1,220        N/M             880 (e)     1,318        N/M
                                                         --------     -------                   --------      --------
Net earnings (loss)                                      $(16,008)    $ 1,169        N/M        $(22,516)     $    692        N/M
                                                         ========     =======                   ========      ========

Basic and diluted earnings (loss) per share              $  (1.77)    $  0.13        N/M        $  (2.49)     $   0.08        N/M
                                                         ========     =======                   ========      ========

Weighted average diluted shares outstanding                 9,068       8,948                      9,059         8,943
                                                         ========     =======                   ========      ========


<FN>
N/M  Not Meaningful

(a)   The Company recorded a $2.5 million non-cash, pre-tax restructuring
      charge during the fourth quarter of 2003 to write-down the land,
      buildings, machinery and equipment to estimated realizable values of
      the Canton, Mississippi plant in connection with the Company's
      decision to dispose of the facility. In addition, the Company recorded
      a $5.5 million charge in Cost of Sales to reduce the carrying cost of
      inventory. The Company recorded a $4.3 million non-cash restructuring
      charge during the third quarter of 2003 to write-down the assets of
      the Company's Mexico manufacturing facility in connection with the
      Company's decision to dispose of the facility. Of the total charge
      related to Zacatecas, $2.3 million is included in Cost of Sales.

(b)   The Company recorded a $1.6 million non-cash, pre-tax loss on early
      extinguishment of debt to write-off deferred debt issuance costs in
      connection with the refinancing of its senior credit facility.

(c)   The Company recorded a $0.1 million in the fourth quarter of 2003 and
      a $1.8 million in the third quarter of 2003, non-cash, pre-tax charge
      to record the unrecognized prior service cost in connection with the
      closing of the Canton, Mississippi plant and with the Company's
      amendment to its defined benefit pension plan to freeze the accrual of
      pension benefits for service after August 1, 2003, respectively.

(d)   The Company recorded a $0.6 million pre-tax nonrecurring charge during
      the first quarter of 2002 to account for the execution of its plan to
      restructure its manufacturing facilities, which began in the third
      quarter of 2001. During the fourth quarter of 2002, the Company
      recorded a pre-tax nonrecurring gain related to asset disposals
      associated with its restructuring plans, which included the closure of
      its Statesville, North Carolina facility.

(e)   During the fourth quarter of 2003, the Company recorded a valuation
      allowance reducing its deferred tax assets.




                               PRESS RELEASE





                  [FALCON LOGO]

FALCON PRODUCTS, INC.
ADD  -5-


                                                    FALCON PRODUCTS, INC.
                                            CONDENSED CONSOLIDATED BALANCE SHEETS
                                                       (In thousands)
                                                         (Unaudited)


                                   Nov. 1,      Nov. 2,        Liabilities and                Nov. 1,      Nov. 2,
Assets                               2003         2002         Stockholders' Equity            2003         2002
- ------                            --------     --------        --------------------          --------     --------
                                                                                           
Cash and cash equivalents         $  1,356     $  1,646        Accounts payable              $ 27,612     $ 20,841

Accounts receivable                 31,877       32,942        Customer deposits                5,249        9,211

Inventories                         62,525       57,117        Accrued liabilities             16,842       16,376

Other current assets                 5,344        9,041        Current maturities of
                                                                    long-term debt              3,900       15,359
                                  --------     --------                                      --------     --------
Total current assets               101,102      100,746        Total current liabilities       53,603       61,787

Property, plant and                                            Long-term debt                 161,485      135,226
   equipment, net                   36,579       40,882
                                                               Other long-term obligations     12,868       15,564

Other assets                       128,859      131,949        Stockholders' equity            38,584       61,000
                                  --------     --------                                      --------     --------
                                  $266,540     $273,577                                      $266,540     $273,577
                                  ========     ========                                      ========     ========




                               PRESS RELEASE