EX-99.1 3 k1186588b.txt PRESS RELEASE Exhibit 99.1 ------------ Contacts: Barry L. McCabe Tel 215 679-1301 Senior Vice President and Chief Financial Officer KNOLL, INC. ANNOUNCES REDEMPTION OF ITS 10.875% SENIOR SUBORDINATED NOTES DUE 2006 EAST GREENVILLE, PA, March 28, 2003 - Knoll, Inc. announced today that it has redeemed the total principal amount of its 10.875% Senior Subordinated Notes due 2006 at a redemption price of 101.812% of principal amount, plus accrued interest. The company funded the redemption with borrowings under its senior revolving credit facility. Founded in 1938, Knoll is a global office furnishings manufacturer committed to design excellence. The company's corporate headquarters is located in East Greenville, PA. # # # #