Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACT: Leslie Cummings, Vice President of Finance and Treasurer
Knape & Vogt Manufacturing Company (616) 459-3311, Ext. 225
or
Jeff Lambert, Eric Lubbers (616) 233-0500
Lambert, Edwards & Associates, Inc. (mail@lambert-edwards.com)

Knape & Vogt Reports Second Quarter and Six Month Results

GRAND RAPIDS, Michigan, January 19, 2006 – Knape & Vogt Manufacturing Co. (Nasdaq: KNAP) today announced the results for its second quarter and the six-month period ended December 31, 2005.

The Grand Rapids, Mich.-based manufacturer and distributor of drawer slides, shelving, storage and ergonomic office products reported that net sales grew 9.0 percent to $40.9 million for the second quarter of fiscal 2006, compared with net sales of $37.5 million during the same period a year ago. Sales of new products and product enhancements were $8.1 million for the second quarter of fiscal 2006 compared with $7.3 million in the second quarter of the prior year.

Net sales for the six months ended December 31, 2005, grew to $81.7 million from $75.9 million for the same period in the prior year, representing a 7.7 percent increase.

KV reported second quarter net income of $2.5 million, or $0.56 per basic and diluted share, which included a one-time settlement gain on one of the Company’s defined benefit plans of approximately $952,000 after-tax. This compared to a second quarter fiscal 2005 net loss of $522,815, or $0.12 per basic and diluted share, which included an impairment/restructuring charge of approximately $1.3 million after-tax related to the relocation of the Company’s wire production to Grand Rapids. Excluding these unusual items, the improvement in net income reflected savings from the consolidation of the Company’s wire production, leveraged operating costs due to higher sales volumes and lower steel costs.

Net income for the six months ended December 31, 2005, was $3.7 million, or $0.81 per basic and diluted share, compared with a net loss of $132,304, or $0.03 per basic and diluted share for the same period in the prior year.

About Knape & Vogt

Knape & Vogt Manufacturing Co. brings more than a century of experience to the design, manufacture and distribution of kitchen and bath storage solutions and office products for original equipment manufacturers, specialty distributors, office furniture dealers, hardware chains and major home centers throughout the country. Additional information on KV’s product lines is available on www.knapeandvogt.com.

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Knape & Vogt Manufacturing Company and Subsidiaries
Condensed Consolidated Statements of Income
(Unaudited)

	Six Months Ended					Three Months Ended

	Dec. 31, 2005		Jan. 1, 2005			Dec. 31, 2005		Jan. 1, 2005

Net sales	$	81,676,019	$	75,868,426		$	40,869,336	$	37,496,247

Cost of sales		64,587,725		62,104,569			31,551,166		30,537,166

Gross margin		17,088,294		13,763,857			9,318,170		6,959,081

Selling and administrative expenses		10,768,001		11,367,449			5,242,857		5,532,198

Restructuring and impairment expenses		44,477		1,778,447			-		1,778,447

Operating income (loss)		6,275,816		617,961			4,075,313		(351,564	)

Interest and other expenses, net		687,458		718,345			364,241		411,187

Income (loss) before income taxes		5,588,358		(100,384	)		3,711,072		(762,751	)

Income taxes		1,925,934		31,920			1,205,777		(239,936	)

Net income (loss)	$	3,662,424	$	(132,304	)	$	2,505,295	$	(522,815	)

Earnings per common share - basic:
Weighted average shares outstanding		4,510,505		4,516,893			4,510,505		4,517,105

Earnings per common share - dilutive:
Weighted average shares outstanding		4,510,701		4,516,893			4,510,897		4,517,105

Net income (loss) per share	$	0.81	$	(0.03	)	$	0.56	$	(0.12	)

Cash dividend - Common stock	$	0.33	$	0.33		$	0.165	$	0.165

Cash dividend - Class B common stock	$	0.30	$	0.30		$	0.15	$	0.15

Knape & Vogt Manufacturing Company and Subsidiaries
Condensed Consolidated Balance Sheets

	Dec. 31, 2005 (Unaudited)		July 2, 2005

Assets

Current Assets:
Cash and equivalents	$	9,607,229	$	6,349,702
Accounts receivable, net		19,564,979		19,944,781
Inventories		25,848,744		24,362,073
Assets held for sale		833,975		1,281,213
Prepaid expenses and other		1,286,062		934,711

Total current assets		57,140,989		52,872,480

Property, plant and equipment, net		21,225,441		22,120,924

Other assets		17,169,978		17,395,234

	$	95,536,408	$	92,388,638


Liabilities and Equity

Current liabilities	$	21,790,324	$	21,633,059

Long-term debt and capital leases		24,516,890		22,524,129

Deferred income taxes & other
long-term liabilities		8,281,201		10,123,573

Stockholders' equity		40,947,993		38,107,877

	$	95,536,408	$	92,388,638

Knape & Vogt Manufacturing Company and Subsidiaries
Condensed Consolidated Statements of Cash Flows

(Unaudited)

	Six Months Ended

	Dec. 31, 2005			Jan. 1, 2005

From Operating Activities:
Net income (loss)	$	3,662,424		$	(132,304	)
Depreciation and amortization		2,496,385			3,327,143
Change in retirement plan cost		(1,447,627	)		132,373
Deferred income taxes		30,000			(1,204,142	)
Impairment expenses		-			1,778,447
Changes in operating assets
& liabilities		(1,146,196	)		(140,079	)
Other, net		37,233			12,393


Net cash provided by operating activities		3,632,219			3,773,831

From Investing Activities:
Additions to property, plant & equipment net		(1,493,139	)		(1,578,918	)
Other, net		183,575			(11,617	)


Net cash used for investing activities		(1,309,564	)		(1,590,535	)

From Financing Activities:
Cash dividends paid		(1,429,473	)		(1,426,156	)
Net change in long-term debt/capital leases		1,992,761			(6,751	)


Net cash used for financing activities		563,288			(1,432,907	)

Effect of Exchange Rates on Cash		371,584			427,587


Net increase in cash and equivalents	$	3,257,527		$	1,177,976

KNAPE & VOGT MANUFACTURING CO 8-K