Summary of LEGGETT & PLATT INC

Results of Operations and Financial Condition, Financial Statements and Exhib

Item 2.02 Results of Operations and Financial Condition.

On April 26, 2012, Leggett & Platt, Incorporated issued a press release announcing its financial results for the first quarter ended March 31, 2012. The press release is attached as Exhibit 99.1 and is incorporated herein by reference.

This information is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any document filed under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

On April 27, 2012, the Company will hold an investor conference call to discuss its first quarter financial results, annual guidance and related matters.

The press release contains the Company's "net debt to net capitalization ratio." Reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure is set forth in the press release. Company management believes the presentation of net debt to net capitalization provides investors a useful way to evaluate the Company's debt leverage if the Company was to use its cash to pay down debt. The Company's cash has fluctuated, sometimes significantly, from period to period. Management uses this ratio as supplemental information to track leverage trends across time periods with variable levels of cash. Net debt to net capitalization may not be comparable to similarly titled measures used by other companies and should not be considered a substitute for, or more meaningful than long-term debt to total capitalization. Because we may not be able to use our cash to reduce our debt on a dollar-for-dollar basis, the net debt to net capitalization ratio may have material limitations.