N🟁N

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against Sealy Corporation (aSealy Corp.a or the aCompanya) (NYSE:ZZ) and its board of directors concerning possible breaches of fiduciary duties by the Company or its fiduciaries. Sealy Corp. engages in the manufacture and marketing of bedding products, including mattresses and mattress foundations under the Sealy, Sealy Posturepedic, Stearns & Foster, and Bassett brand names.

"disproportionate representation of at least 78% on Sealyas Board, including three direct representatives on the board"

The investigation concerns a letter sent March 11, 2012 to the Companyas board of directors by H Partners Management, LLC (aH Partnersa) a" which owns approximately 14.5% of the Companyas outstanding shares a" expressing concern that the Board has been advancing the interests of Kohlberg Kravis Roberts & Co. L.P. (aKKRa) over the interests of all Sealy Corp. shareholders. As of November 27, 2011, KKR owns approximately 46% of Sealy Corp.'s outstanding shares.

According to an article published March 12, 2012 by The Wall Street Journal, H Partnersa letter complains that KKR receives adisproportionate representation of at least 78% on Sealyas Board, including three direct representatives on the board,a while the 53.8% non-KKR owners of the Company have no board representation, and the Company is saddled with ahigh debt, bad managementa and ahigh fee payouts.a

If you purchased shares of Sealy Corp. and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].