SHELBY WILLIAMS INDUSTRIES, INC. 2,000,000 SHARES(1) COMMON STOCK (PAR VALUE $0.05 PER SHARE) UNDERWRITING AGREEMENT March 26, 1997 LAZARD FRERES & CO. LLC INTERSTATE/JOHNSON LANE CORPORATION As Representatives of the several Underwriters c/o Lazard...Shelby Williams • April 8th, 1997 • Steinfeld Manfred • New York
