LANCASTER, Pa., February 6, 2006 -- Armstrong World Industries, Inc. (Armstrong), the operating subsidiary of Armstrong Holdings, Inc. (OTC Bulletin Board: ACKHQ), today announced that at a status conference in Armstrong World Industries’ ("AWI") Chapter 11 case held in Philadelphia on Friday, February 3, Judge Robreno of the U.S. District Court indicated that he would approve a proposed order scheduling a hearing to commence on or about May 23, 2006, to consider confirmation of a modified plan of reorganization ("Modified Plan") to be filed by AWI on or before February 21, 2006.  AWI expects the Court to issue a formal order on this matter shortly.

The Modified Plan will be substantially similar to AWI’s previously filed Fourth Amended Plan of Reorganization except that it will eliminate the distribution of warrants to shareholders of AWI’s parent company, Armstrong Holdings, Inc.  This modification is consistent with the recent decision by the Third Circuit Court of Appeals upholding Judge Robreno’s previous ruling that the issuance of the warrants under the Fourth Amended Plan violated the so-called "absolute priority rule" of the Bankruptcy Code.

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