LA-Z-BOY INC — Director's Dealing 2007

Aug 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LA-Z-BOY INC (LZB)
CIK: 0000057131
Period of Report: 2007-08-27

Reporting Person: JOHNSTON JAMES W (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-27	Common Shares	M	2000	$2.1625	Acquired	492190	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-27	Stock Option (Right to Buy)	$2.1625	M	2000	Disposed	2007-09-14	Common Shares (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	474504	Indirect
Common Shares	479760	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 for purposes of Section 16 or for any other purpose.