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Stanley Furniture Board Declares Quarterly Cash Dividend

    STANLEYTOWN, Va., Oct. 16 /PRNewswire-FirstCall/ -- Stanley Furniture
Company, Inc. (Nasdaq: STLY) announced today that its Board of Directors
has declared a regular quarterly cash dividend of $.08 per share payable on
December 4, 2006 to shareholders of record on November 10, 2006.
    Established in 1924, Stanley Furniture Company, Inc. is a leading
manufacturer of wood furniture targeted at the upper-medium price range of
the residential market. Manufacturing facilities are located in Stanleytown
and Martinsville, Va. and Robbinsville and Lexington, N.C. Its common stock
is traded on the Nasdaq stock market under the symbol STLY.


SOURCE Stanley Furniture Company, Inc.




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Related links:
  • http://www.stanleyfurniture.com
  • http://www.prnewswire.com/comp/117677.html/
    CONTACT:
    Douglas I. Payne, Executive Vice President -
    Finance and Administration, +1-276-627-2157,
    dpayne@stanleyfurniture.com, or Anita W. Wimmer, Vice President -
    Controller and Treasurer, +1-276-627-2446,
    awimmer@stanleyfurniture.com, both of Stanley Furniture Company,
    Inc.