LA-Z-BOY INC — Director's Dealing 2003

Aug 25, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LA-Z-BOY INC (LZB)
CIK: 0000057131
Period of Report: 2003-08-25

Reporting Person: JOHNSTON JAMES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-25	Common Shares	M	1400	$5.11	Acquired	344190	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-25	Stock Option (Right to buy)	$5.11	M	1400	Disposed	2003-09-12	Common Shares (1400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	479760	Indirect
Common Shares	770504	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.