Financial Communications Standard Operating Procedures

Kimball International, Inc. ("the Company") recognizes that, as a publicly held company, it has certain obligations with respect to its financial communications with the investment community at large, the analyst community and its own Shareowners. The Company intends to comply with all applicable laws and regulations of the Securities and Exchange Commission ("SEC"), the Nasdaq Stock Market and any other regulatory bodies, governing the nature and timing of the Company's financial communications with such constituencies, including but not limited to the SEC's Regulation FD.

The Company will not selectively disclose material, non-public information.

Definition of "Material Nonpublic Information." Information is considered material if there is a substantial likelihood either (a) that a reasonable investor would have considered it important in making an investment decision or (b) that the facts would have been viewed by a reasonable investor as significantly altering the total mix of information made available. Examples include: 1) revenue projections (including projections surrounding a particular product line, business unit or business segment); 2) earnings projections (this includes comments like "below", "exceed" or "comfortable with" current analyst estimates); 3) planned mergers, acquisitions or divestitures not yet made public; 4) acquisition or loss of a contract with a key customer; 5) information on new products that have not been publicly announced; 6) planned changes in dividends; 7) major changes in marketing strategies; 8) any other information that has not been publicly announced which by itself has a substantial likelihood to be considered important by a reasonable investor making an investment decision.

Definition of "Authorized Company Spokespersons" Financial communications with the investment community at large, the analyst community and its Shareowners that are made by and on behalf of the Company shall be made only by the Chief Executive Officer, the President, the Chief Financial Officer or the Director of Investor Relations, who are considered Authorized Company Spokespersons. No other person shall issue any such financial communication on behalf of the Company without the express prior consent of the Chief Executive Officer or the Chief Financial Officer.

As a matter of policy, a financial communication from any other employee, officer, director or agent of the Company (“Insider”) who has not been authorized to speak on behalf of the Company shall be deemed an "unauthorized communication," may be disavowed by the Company and shall not be deemed made on behalf of the Company unless expressly affirmed by the Company acting through an Authorized Company Spokesperson.

Financial Communications Procedures Unless otherwise determined by the Chief Executive Officer of the Company, the following procedures shall be observed:

1) All quarterly and other webcasted conference calls by the Company addressing its results of operations, earnings and/or other material news shall be open to the public, i.e., all present and potential future Shareowners of the Company, all investment analysts and news media. Notice of such calls shall be broadly disseminated by news release at least 72 hours in advance thereof, unless circumstances dictate a shorter notice period. The requirements of this provision may be satisfied by live webcasting of the conference call. A recording of the webcast will be posted to the Kimball International Investor Relations website and will remain on the site for 12 months after the call.

2) The Company may, at times, participate in investor conferences, conduct tours of Company facilities and hold one-on-one discussions in a non-public forum with analysts and investors. The Company will not intentionally disclose or respond to requests for Material, Nonpublic Information in accordance with Regulation FD and other applicable laws. Prior to these events, the Company will make public any material information that is not already public which may be discussed or presented at the event, or it will provide advance instructions for accessing the webcast of the event.

3) Other than publicly disseminated statements, as such term is interpreted in accordance with Regulation FD, the Company will observe a “quiet period” during which the Company shall not comment on its earnings estimates or other prospective financial results for any fiscal period for which earnings information has not been made public. The quiet period will generally begin on the first day of the calendar month in which the quarter ends and continue until the start of the quarterly earnings conference call for the prior quarter just ended.

4) In the event the Company should inadvertently provide information to any financial analyst or investor in a nonpublic forum that the Company thereafter determines to be material, the Company shall make a public disclosure of such information by filing a press release through a widely circulated wire service and file with or furnish the information to the SEC through a Form 8-K as soon as practicable after such determination and, in any event, not later than (a) 24 hours thereafter or (b) the beginning of the next New York Stock Exchange trading day.

5) The Company shall not intentionally provide Material, Nonpublic Information to security analysts, investment advisors, Shareowners, stock brokers or individuals that likely will trade in the Company's securities after learning of the information.

6) The Chief Financial Officer or Director of Investor Relations shall prepare within 24 hours a written summary of any communication by Authorized Company Spokesperson(s) with security analysts, investment advisors, Shareowners, stock brokers or individuals that likely may trade in the Company's securities after learning of the information, such summary to be maintained in accordance with applicable law.

7) Before Material, Nonpublic Information is given to any person other than a person who owes a duty of trust or confidence to the Company (e.g., attorneys, accountants and investment bankers), a confidentiality agreement must be obtained. The confidentiality agreement must commit the person to keep the information confidential. It is not sufficient to require the person not to trade on the information.

8) If confirmation of earnings estimates is given in a public dissemination setting, the Company will use a "safe harbor" statement. The Company will not selectively provide guidance, and no Insider may comment on past guidance, even though it has been publicly disseminated. Spokespersons must caution listeners that certain oral statements made during conference calls and in other communications are forward-looking statements and that actual results might differ materially from those projected in the forward-looking statements. Spokespersons must also refer listeners to a specific readily available document (SEC filing) which contains additional information about the factors which could cause actual results to differ from those in the forward-looking statements.