Oct 22 (Reuters) - NFI Group Inc ( NFYEF ):

* NFI GROUP INC ( NFYEF ): CO & GILLIG FORM 50/50 JV TO ACQUIRE ASSETS

OF

AMERICAN SEATING

* NFI GROUP AND GILLIG FORM 50/50 JV TO ACQUIRE THE ASSETS

OF

AMERICAN SEATING, STRENGTHENING NORTH AMERICAN SEAT SUPPLY

THROUGH HISTORIC INDUSTRY PARTNERSHIP

* NFI GROUP INC ( NFYEF ): NEITHER CO NOR GILLIG WILL BE INVOLVED IN

DAY-TO-DAY OPERATIONS OF AMERICAN SEATING

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