Notes: April 4, 2016 - Armstrong World Industries, Inc. (NYSE: AWI) announced today that it successfully completed its previously announced separation of Armstrong Flooring, Inc. (AFI) as an independent public company, trading on the New York Stock Exchange under the ticker symbol AFI. Under the terms of the spin-off, AWI shareholders retained their AWI shares and received one AFI share for every two AWI shares. Beginning today, AFI will commence regular way trading on the NYSE. As a result of the separation, AWI is now made up of the Armstrong Building Products unit, which is the global leader in providing suspended ceiling solutions for use in renovation and new construction, both in commercial and residential spaces, with diverse end-use applications.