<SEC-DOCUMENT>0001193125-17-022531.txt : 20170130
<SEC-HEADER>0001193125-17-022531.hdr.sgml : 20170130
<ACCEPTANCE-DATETIME>20170130070557
ACCESSION NUMBER:		0001193125-17-022531
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170130
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170130
DATE AS OF CHANGE:		20170130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPUR SEALY INTERNATIONAL, INC.
		CENTRAL INDEX KEY:			0001206264
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD FURNITURE [2510]
		IRS NUMBER:				331022198
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31922
		FILM NUMBER:		17555362

	BUSINESS ADDRESS:	
		STREET 1:		1000 TEMPUR WAY
		CITY:			LEXINGTON
		STATE:			KY
		ZIP:			40511
		BUSINESS PHONE:		800-878-8889

	MAIL ADDRESS:	
		STREET 1:		1000 TEMPUR WAY
		CITY:			LEXINGTON
		STATE:			KY
		ZIP:			40511

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPUR PEDIC INTERNATIONAL INC
		DATE OF NAME CHANGE:	20031202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TWI HOLDINGS INC
		DATE OF NAME CHANGE:	20021119
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d332934d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, DC 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">8-K</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO SECTION 13 OR 15(D) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of report (Date of earliest event reported) January 30, 2017 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>TEMPUR SEALY INTERNATIONAL, INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">001-31922</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">33-1022198</FONT></B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1000 Tempur Way </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Lexington, Kentucky 40511 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices) (Zip Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(800) <FONT STYLE="white-space:nowrap">878-8889</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>N/A </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former name or
former address, if changed since last report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Check the
appropriate box below if the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see<I></I>&nbsp;General Instruction A.2.
below): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">14d-2(b)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">13e-4(c)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;2.02 Results of Operations and Financial Condition </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As part of the press release referred to below in Item 7.01 and attached hereto as Exhibit 99.1, Tempur Sealy International, Inc. (NYSE: TPX) (the
&#147;Company&#148;) provided preliminary net sales, net income and adjusted EBITDA information for the fourth quarter and full year 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attached as
Exhibit 99.1 is a copy of the press release issued by the Company. The information in this Item&nbsp;2.02 (including Exhibit&nbsp;99.1) shall not be deemed to be &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of
1934, as amended (the &#147;<U>Exchange Act</U>&#148;), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as
amended (&#147;<U>Securities Act</U>&#148;), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;7.01 Regulations FD Disclosure </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company
announced today that the agreements between a subsidiary of Mattress Firm Holdings Corp. (&#147;Mattress Firm&#148;) and two subsidiaries of the Company have been terminated for all product lines. The Company expects that it will cease doing
business with Mattress Firm during the first quarter of 2017. Mattress Firm was the Company&#146;s largest customer in 2016. As previously disclosed, Mattress Firm was acquired by Steinhoff International Holdings N.V. in September 2016. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company is evaluating the anticipated impact of this termination, and no assurances can be made that the termination of the Mattress Firm relationship
will not have a material adverse impact on the Company&#146;s net sales, profitability or financial position. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attached as Exhibit 99.1 is a copy of the
press release issued by the Company. The information in this Item&nbsp;7.01 (including Exhibit&nbsp;99.1) shall not be deemed to be &#147;filed&#148; for purposes of Section&nbsp;18 of the Exchange Act, or otherwise subject to the liability of that
section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;9.01 Financial Statements and Exhibits </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(d)
Exhibits </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:23.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Exhibit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:37.25pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Description</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press release dated January&nbsp;30, 2017 titled &#147;Tempur Sealy Announces Termination of Mattress Firm Contracts&#148;</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: January 30, 2017 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Tempur Sealy International, Inc.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Barry A. Hytinen</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Barry A. Hytinen</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Executive Vice President&nbsp;&amp; Chief Financial Officer</TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">EXHIBIT DOCUMENTS </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(d) Exhibits </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:23.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Exhibit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:37.25pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Description</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press release dated January&nbsp;30, 2017 titled &#147;Tempur Sealy Announces Termination of Mattress Firm Contracts&#148;</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d332934dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:0pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g332934ex991logo.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TEMPUR SEALY ANNOUNCES TERMINATION OF MATTRESS FIRM CONTRACTS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><I>- Provides Update on Fourth Quarter and Full Year 2016 Financial Results </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>LEXINGTON, KY, JANUARY</B><B></B><B>&nbsp;30, 2017</B> &#150; Tempur Sealy International, Inc. (NYSE: TPX, the &#147;Company&#148;) announced that during
the week of January&nbsp;23, 2017, senior management of Mattress Firm Holdings Corp. (&#147;Mattress Firm&#148;) and representatives of its parent Steinhoff International Holdings N.V. (&#147;Steinhoff&#148;), verbally notified the Company of its
intent to terminate all of their contracts with the Company in the United States, if the Company did not agree to considerable changes to their agreements, including significant economic concessions. The Company engaged in discussions to facilitate
a mutually agreeable supply arrangement with Mattress Firm. However, the parties were unable to reach an agreement, and the Company issued formal termination notices for all of the Company&#146;s brands to Mattress Firm as of January&nbsp;27, 2017.
The Company anticipates it will cease doing business with Mattress Firm during the first quarter of 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Chairman and CEO Scott Thompson commented,
&#147;Over the course of the week, we conducted discussions with representatives of Mattress Firm and Steinhoff, and we considered their request for a significant change in economic terms. Ultimately, we concluded that it was in the long-term
interest of all of our stakeholders to terminate our contracts with Mattress Firm. This enables us to immediately reorient our employees and resources to support retail partners that exhibit a long-term commitment to Tempur Sealy&#146;s
brands.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Thompson continued, &#147;Tempur Sealy is the premium bedding leader, with the most recognized brands in the mattress sector and
industry-leading product innovation. We remain committed to maintaining our leadership position and to collaborating with our strong global network of retail partners to create value for both our customers and our shareholders.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company expects to report record financial results for the fourth quarter of 2016 and for the full year. For the fourth quarter 2016, the Company expects
to report total net sales of approximately $770&nbsp;million, a slight increase versus the prior year, GAAP net income of $61 to $63&nbsp;million, and adjusted EBITDA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP> of $135 to
$138&nbsp;million. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the full year 2016, the Company expects to report total net sales of approximately $3,127&nbsp;million, a decrease of 1% versus
the prior year, GAAP net income of $200 to $202&nbsp;million, and adjusted EBITDA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP> of $519 to $522&nbsp;million. The Company noted that this financial information is preliminary and is subject
to among other things completion of the Company&#146;s audited financial statements for 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the full year 2016, the Company&#146;s net sales to
Mattress Firm were approximately 21% on a worldwide basis which includes sales to HMK Mattress Holding, LLC (&#147;Sleepy&#146;s&#148;). The Company&#146;s sales to Mattress Firm declined approximately 11% in 2016 as compared to 2015, including
sales to Sleepy&#146;s in both years. As previously disclosed, Mattress Firm was acquired by Steinhoff in September 2016. All other Steinhoff-owned entities represented less than 0.5% of the Company&#146;s total net sales in 2016. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Excluding sales to Mattress Firm and Sleepy&#146;s, the Company expects that its net sales increased as compared to the prior year by approximately 4% and 2%
in the fourth quarter and full year 2016, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As previously announced, Tempur Sealy is scheduled to report fourth quarter and full year 2016
financial results on February&nbsp;16, 2017. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">This is a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure. Please refer to <FONT STYLE="white-space:nowrap">&#147;Non-GAAP</FONT> Financial Measures and Constant Currency Information&#148; below.
</TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><FONT STYLE="white-space:nowrap">Non-GAAP</FONT> Financial Measures and Constant Currency Information </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For additional information regarding adjusted EBITDA, which is a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure, please refer to the
reconciliations and other information included in the attached schedules. For information on the methodology used to present information on a constant currency basis, please refer to &#147;Constant Currency Information&#148; included in the attached
schedules. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-looking Statements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press
release contains &#147;forward-looking statements,&#148; within the meaning of the federal securities laws, which include information concerning the termination of the relationship with Mattress Firm, anticipated financial results for the fourth
quarter and full year 2016 and other information that is not historical information. When used in this release, the words &#147;estimates,&#148; &#147;expects,&#148; &#147;guidance,&#148; &#147;anticipates,&#148; &#147;projects,&#148;
&#147;plans,&#148; &#147;proposed,&#148; &#147;intends,&#148; &#147;believes,&#148; and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements include, without
limitation, statements relating to the termination of the relationship with Mattress Firm and the Company&#146;s anticipated financial results for the fourth quarter and full year 2016. All forward-looking statements are based upon current
expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Numerous factors, many of which are beyond the Company&#146;s control, could cause actual results to differ materially from those expressed as forward-looking
statements. These risk factors include risks associated with the termination of the relationship with Mattress Firm, including any adverse impact on sales and profitability, and risks associated with the Company&#146;s capital structure and debt
level; general economic, financial and industry conditions, particularly in the retail sector, as well as consumer confidence and the availability of consumer financing; changes in product and channel mix and the impact on the Company&#146;s gross
margin; changes in interest rates; the impact of the macroeconomic environment in both the U.S. and internationally on the Company&#146;s business segments; uncertainties arising from global events; the effects of changes in foreign exchange rates
on the Company&#146;s reported earnings; consumer acceptance of the Company&#146;s products; industry competition; the efficiency and effectiveness of the Company&#146;s advertising campaigns and other marketing programs; the Company&#146;s ability
to increase sales productivity within existing retail accounts and to further penetrate the Company&#146;s retail channel, including the timing of opening or expanding within large retail accounts and the timing and success of product launches; the
effects of consolidation of retailers on revenues and costs; changes in demand for the Company&#146;s products by significant retailer customers; the Company&#146;s ability to expand brand awareness, distribution and new products; the Company&#146;s
ability to continuously improve and expand its product line, maintain efficient, timely and cost-effective production and delivery of its products, and manage its growth; the effects of strategic investments on the Company&#146;s operations; changes
in foreign tax rates and changes in tax laws generally, including the ability to utilize tax loss carry forwards; the outcome of various pending tax audits or other tax, regulatory or investigation proceedings; changing commodity costs; the effect
of future legislative or regulatory changes; and disruptions to the implementation of the Company&#146;s strategic priorities and business plan caused by abrupt changes in the Company&#146;s senior management team and Board of Directors. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Other potential risk factors include the risk factors discussed under the heading &#147;Risk Factors&#148; under
ITEM 1A of Part 1 of the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended December&nbsp;31, 2015. There may be other factors that may cause the Company&#146;s actual results to differ materially
from the forward-looking statements. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Tempur Sealy International, Inc. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Tempur Sealy
International, Inc. (NYSE: TPX) is the world&#146;s largest bedding provider. Tempur Sealy International, Inc. develops, manufactures and markets mattresses, foundations, pillows and other products. The Company&#146;s brand portfolio includes many
highly recognized brands, including TEMPUR&reg;, Tempur-Pedic&reg;, Sealy&reg;, Sealy Posturepedic&reg; and Stearns&nbsp;&amp; Foster&reg;. World headquarters for Tempur Sealy International, Inc. is in Lexington, KY. For more information,
visit&nbsp;http://www.tempursealy.com&nbsp;or call <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">800-805-3635.</FONT></FONT> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor Relations Contact: </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Aubrey Moore </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Investor Relations </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Tempur Sealy International, Inc. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">800-805-3635</FONT></FONT> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Investor.relations@tempursealy.com </U></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TEMPUR SEALY INTERNATIONAL, INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Reconciliation of <FONT STYLE="white-space:nowrap">Non-GAAP</FONT> Measures </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(in millions) </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company provides
information regarding EBITDA and adjusted EBITDA, which are not recognized terms under GAAP and do not purport to be alternatives to net income and earnings per share as a measure of operating performance. The Company believes these <FONT
STYLE="white-space:nowrap">non-GAAP</FONT> measures provide investors with performance measures that better reflect the Company&#146;s underlying operations and trends. The adjustments management makes to derive the
<FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures include adjustments to exclude items that may cause short-term fluctuations in the nearest GAAP measure, but which management does not consider to be the fundamental attributes or primary
drivers of its business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company believes that exclusion of these items assists in providing a more complete understanding of the Company&#146;s
underlying results from continuing operations and trends, and management uses these measures along with the corresponding GAAP financial measures to manage the Company&#146;s business, to evaluate its consolidated and business segment performance
compared to prior periods and the marketplace, to establish operational goals and to provide continuity to investors for comparability purposes. Limitations associated with the use of these <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures
include that these measures do not present all of the amounts associated with our results as determined in accordance with GAAP and these <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures should be considered supplemental in nature and
should not be construed as more significant than comparable measures defined by GAAP. Because not all companies use identical calculations, these presentations may not be comparable to other similarly titled measures of other companies. For more
information about these <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures and a reconciliation to the nearest GAAP measure, please refer to the reconciliations on the following pages. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Constant Currency Information </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In this press release the
Company refers to, and in other press releases and other communications with investors the Company may refer to, net sales or earnings or other historical financial information on a &#147;constant currency basis&#148;, which is a <FONT
STYLE="white-space:nowrap">non-GAAP</FONT> financial measure. These references to constant currency basis do not include operational impacts that could result from fluctuations in foreign currency rates. To provide information on a constant currency
basis, the applicable financial results are adjusted based on a simple mathematical model that translates current period results in local currency using the comparable prior corresponding period&#146;s currency conversion rate. This approach is used
for countries where the functional currency is the local country currency. This information is provided so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates, thereby facilitating <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">period-to-period</FONT></FONT> comparisons of business performance. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>EBITDA and Adjusted EBITDA </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A reconciliation of GAAP net income to EBITDA and adjusted EBITDA is below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following table sets forth the reconciliation of the Company&#146;s anticipated GAAP net income to the calculations of EBITDA and adjusted EBITDA for the
three months and twelve months ended&nbsp;December&nbsp;31, 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Three&nbsp;Months&nbsp;Ended<BR>December&nbsp;31,&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom"><I>(in millions)</I></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>LOW</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HIGH</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">GAAP net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">61.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">63.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Depreciation and amortization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EBITDA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">127.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">130.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restructuring costs <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">135.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">137.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="8"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended<BR>December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom"><I>(in millions)</I></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>LOW</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HIGH</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">GAAP net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">200.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">202.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Loss on extinguishment of debt <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Depreciation and amortization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EBITDA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">507.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">510.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restructuring costs <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Integration costs <SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Executive management transition and retention compensation <SUP
STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">518.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">521.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Footnotes: </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">Restructuring costs represent costs associated principally with international headcount reduction and international store closures. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">Loss on extinguishment of debt represents costs associated with the completion of a new credit facility and senior notes offering in the second quarter of 2016. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">Integration costs represents costs, including legal fees, professional fees, compensation costs and other charges related to the transition of manufacturing facilities, and other costs associated with the continued
alignment of the North America business segment related to the Sealy Acquisition. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top">Executive management transition and retention compensation represents certain costs associated with the transition of certain of the Company&#146;s executive officers. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please refer to Footnotes at the end
of this release. </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g332934ex991logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g332934ex991logo.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ '0%A P$1  (1 0,1 ?_$ ,T  0$  @$% 0
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MO*#>RX[46JJ-2[4K=24RVGAZ8Y7.]4L_27'A7L[3<U*0,JSKBWPIR$.[,R?
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M:MC[Q?<;!FLB1,R3^.-A]#<;R">\LU[KF9%9-2EI+&GE9.G\1Z3=UW5#F 5
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M"2T-<>HGJ<-?JJ!*H@A,QU-+)H^^>D(4BD?%LF[<SB4*J(>5TD! Z&VT\*'
M<5Z7W:X]1+BZAVSM#=1-@Z[UB83Z=?NY<$ZPJZS+;]G5OHL0H$+37*.VI4?M
M!&DS^;(37WPGW&?'BA<7;-4=9R@&1$(JF6"8/Y 2%*[J">7(0\O/2!P !5=2
M#H!-U_*0"E#H&I+RG);CEU]?OES434/+F!R2G[*4]R1IW\8H;'K'28[:6K51
M"3;:=3^4KF3Z3P[HSIH?C=QYQUP5Q'IC.4&#X6O\P_DU_M:__ONMJENL1_\
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ME.1$Q/UQ3'D0XE+)Y$V EX^P]N**M3>BC"N*CH&4I&"84\WJ!ZV1,HO24_\
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0%E1]:1%V-(2''''UD9'_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
