<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>

<BODY>

<P><center><B>SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. &nbsp;20549<BR>
<BR>
FORM 8-K
</B><P ALIGN="CENTER">CURRENT REPORT<BR>

<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
<P Align="center"><BR>
Date of Report (Date of earliest event reported) &nbsp;&nbsp;&nbsp;<U>March 14, 2001</U><BR>
<BR>
<BR>


<P ALIGN="CENTER"><B><FONT SIZE=5>KIMBALL INTERNATIONAL, INC.</FONT></B>
<HR size="1" WIDTH="66%" noshade>
<center><FONT SIZE=2>(Exact name of registrant as specified in its charter) </FONT></center>

<P ALIGN="CENTER"><CENTER>

<TABLE CELLSPACING=0 BORDER=0 WIDTH=624>
<TR><TD WIDTH="33%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="33%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="33%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
</TR>

<TR><TD VALIGN="TOP"><P ALIGN="CENTER">Indiana</TD>
<TD VALIGN="TOP"><P ALIGN="CENTER">0-3279</TD>
<TD VALIGN="TOP"><P ALIGN="CENTER">35-0514506</TD>
</TR>

<TR><TD VALIGN="MIDDLE">
<P ALIGN="CENTER"><HR size="1" WIDTH="90%" noshade></TD>
<TD VALIGN="MIDDLE">
<P ALIGN="CENTER"><HR size="1" WIDTH="48%" noshade></TD>
<TD VALIGN="MIDDLE">
<P ALIGN="CENTER"><HR size="1" WIDTH="90%" noshade></TD>
</TR>

<TR><TD VALIGN="TOP" align=center><FONT SIZE=2>(State or other jurisdiction of</FONT></TD>
<TD VALIGN="TOP" align=center><FONT SIZE=2>(Commission File</FONT></TD>
<TD VALIGN="TOP" align=center><FONT SIZE=2>(IRS Employer Identification No.)</FONT></TD>
</TR>

<TR><TD VALIGN="TOP" align=center><FONT SIZE=2>incorporation)</FONT></TD>
<TD VALIGN="TOP" align=center><FONT SIZE=2>Number)</FONT></TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
</TR>
</TABLE>

<TABLE CELLSPACING=0 BORDER=0 WIDTH=624>
<TR><TD WIDTH="55%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="4%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="41%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP"><P ALIGN="CENTER">&nbsp;</TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="TOP"><P ALIGN="CENTER">&nbsp;</TD>
</TR>

<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">1600 Royal Street, Jasper, Indiana</TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="TOP">
<P ALIGN="CENTER">47549-1001</TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P ALIGN="CENTER"><HR size="1" WIDTH="64%" noshade></TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P ALIGN="CENTER"><HR size="1" WIDTH="48%" noshade></TD>
</TR>


<TR><TD VALIGN="TOP" align=center>
<FONT SIZE=2>(Address of principal executive offices)</FONT></TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="TOP" align=center>
<FONT SIZE=2>(Zip Code)</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P ALIGN="CENTER">
Registrant's telephone number, including area code &nbsp;&nbsp;<U>(812) 482-1600</U>
<P ALIGN="CENTER">Not Applicable
<HR size="1" WIDTH="80%" noshade>
<CENTER><FONT SIZE=2>(Former name or former address, if changed since last report.)</FONT>
</CENTER></center>

<P ALIGN="CENTER">1
<!-- PAGEBREAK -->
<HR size="1" noshade>

<P><b>Item 9. Regulation FD Disclosure<br><br>
Kimball International, Inc. Announces Third Quarter Outlook</B>
<P>Jasper, IN (March 14, 2001) - Kimball International, Inc. (NASDAQ: KBALB) today announced its earnings outlook for its third quarter fiscal 2001 ending March 31, 2001.  Kimball's third quarter results are scheduled to be released on Thursday, April
19, 2001, prior to the opening of the financial markets.  This information is intended to comply with Kimball's obligation under the SEC's Regulation FD.

<P>Kimball International expects its earnings for the third quarter of fiscal 2001 to be $.16
 to $.20 per diluted share of Class B common stock.  The projected earnings per share for the
 third quarter would be a reduction from earnings of $0.29 per diluted share of Class B common
 stock reported during the same period one year ago.   During the Company's second quarter
 conference call on January 19, 2001, the company expressed concern with respect to third
 quarter income levels given a general softening in the economy and a resulting softening in
 demand in several of its major markets.


<P>On a year-over-year comparative basis, excluding acquisitions, the Company is currently projecting lower third quarter sales volumes in both the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment.  The projected decline in
net income is primarily driven by the lower sales volume levels in both business segments, a shift in the sales mix to lower margined products and, as previously disclosed, losses in the furniture components product line, which continues to perform
significantly below the prior year comparable period.


<P>"In addition to aggressively pursuing new business opportunities, Kimball International is
 actively aligning its cost structure to slower sales volumes in both of its business segments,"
 stated Kimball International Chairman and Chief Executive Officer, Douglas A. Habig.
 "Overall, we have a heightened focus on all discretionary spending and both segments have taken
 immediate actions to align their labor costs with the slower demand, including operating with
 shorter work weeks at affected business units, the elimination of several temporary employee
 positions, and a reduction in the number of direct and indirect Kimball employees supporting
 production and administrative processes.  From January 1, 2001, the start of the third quarter,
 through March 14, 2001, Kimball International, in response to the slower sales levels, has
 reduced its total worldwide workforce by approximately 6%."


<P>"Similar to my comments during our second quarter conference call and webcast, we continue
 to believe it will take several months before we begin to see marked bottom line improvement
 in our furniture components product line.  While changes have been made to improve the
 profitability of this product line, we are finding the start-up challenges and operating
 inefficiencies at our new veneer mill in Chandler, Indiana, to be greater than what we had
 anticipated.  Conversely, our Juarez, Mexico large screen television cabinet operation,
 which hindered prior quarters' results due to start-up costs and inefficiencies, is showing
 significant improvement and is now projected to be profitable in the third quarter," stated
 Habig.

<P>"Although our updated forecasts now confirm the economic slowdown is greater than we
 anticipated at the beginning of the quarter, we remain committed to our focus on profitable
 top line growth opportunities and balancing our cost structure with lower volumes over the
 next several months," concluded Habig.

<P>Kimball International will conduct a conference call on Thursday, April 19, 2001 following
 the release of its third quarter fiscal 2001 results. A webcast of the conference call will
 take place simultaneously.  Details of the conference call and webcast will be released on
 or about April 12, 2001.

<P>The above third quarter fiscal 2001 earnings guidance is considered forward-looking under
 the Private Securities Litigation Reform Act of 1995, and is subject to risks and uncertainties
 including, but not limited to, significant volume reductions from key contract-based customers,
 loss of key customers or suppliers within specific industries, availability or cost of raw
 materials, and increased competitive pricing pressures reflecting excess industry capacities.
 Additional cautionary statements regarding other risk factors that could have an effect on the
 future performance of the Company are contained in the Company's Form 10-K filing for the period
 ending June 30, 2000.

<P>Kimball International, Inc. provides a vast array of products from its two business segments:
 the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment.  The
 Furniture and Cabinets Segment manufactures furniture for the office, residential, lodging and
 healthcare industries and store display fixtures, all sold under the Company's family of brand
 names.  Other products produced by Kimball on an original equipment manufacturer basis include
 store fixtures, television cabinets and stands, residential furniture and furniture components.  The Electronic Contract Assemblies Segment provides design engineering, manufacturing, packaging and distribution of electronic assemblies, circuit boards,
multi-chip modules and semiconductor components on a contract basis to a variety of industries on a global scale.

<P>For more information about Kimball International, Inc., visit the Company's web site on the
 Internet at www.kimball.com.

<P align=center><B>"Kimball International Builds Success"</B>

<P ALIGN="CENTER">2
<!-- PAGEBREAK -->
<HR size="1" noshade>

<CENTER><B>SIGNATURES</B></CENTER>
<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

<TABLE CELLSPACING=0 BORDER=0 WIDTH=561>
<TR><TD WIDTH="50%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="5%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD WIDTH="45%" VALIGN="MIDDLE">
<P>&nbsp;</TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>KIMBALL INTERNATIONAL, INC.</TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P ALIGN="CENTER">By:</TD>
<TD VALIGN="MIDDLE">
<P>/s/ Robert F. Schneider</TD>
</TR>
<TR><TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="MIDDLE">&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P><HR size="1" ALIGN="LEFT" WIDTH="70%" noshade></TD>
</TR>
<TR><TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>&nbsp;</TD>
<TD VALIGN="MIDDLE">
<P>ROBERT F. SCHNEIDER<BR>
Executive Vice President, <BR>
Chief Financial Officer<BR>
Assistant Treasurer</TD>
</TR>
</TABLE>

<P><BR>
<BR>
Date: March 15, 2001
<P ALIGN="CENTER">3
<!-- PAGEBREAK -->
<HR size="1" noshade>

</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "form8k031601.htm", "description": "FORM 8K FOR KIMBALL INTERNATIONAL, INC.", "secsgml_size_bytes": 10166}]
{"company-data": {"conformed-name": "KIMBALL INTERNATIONAL INC", "cik": "0000055772", "assigned-sic": "2520", "irs-number": "350514506", "state-of-incorporation": "IN", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-03279", "film-number": "1569957"}, "business-address": {"street1": "1600 ROYAL ST", "city": "JASPER", "state": "IN", "zip": "47549", "phone": "8124821600"}, "mail-address": {"street1": "1600 ROYAL STREET", "street2": "1600 ROYAL STREET", "city": "JASPER", "state": "IN", "zip": "47549"}, "former-company": {"former-conformed-name": "JASPER CORP", "date-changed": "19740826"}}
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
March 14, 2001
KIMBALL INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Indiana
0-3279
35-0514506
(State or other jurisdiction of
(Commission File
(IRS Employer Identification No.)
incorporation)
Number)
1600 Royal Street, Jasper, Indiana
47549-1001
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code
(812) 482-1600
Not Applicable
(Former name or former address, if changed since last report.)
1
Item 9. Regulation FD Disclosure
Kimball International, Inc. Announces Third Quarter Outlook
Jasper, IN (March 14, 2001) - Kimball International, Inc. (NASDAQ: KBALB) today announced its earnings outlook for its third quarter fiscal 2001 ending March 31, 2001.  Kimball's third quarter results are scheduled to be released on Thursday, April
19, 2001, prior to the opening of the financial markets.  This information is intended to comply with Kimball's obligation under the SEC's Regulation FD.
Kimball International expects its earnings for the third quarter of fiscal 2001 to be $.16
 to $.20 per diluted share of Class B common stock.  The projected earnings per share for the
 third quarter would be a reduction from earnings of $0.29 per diluted share of Class B common
 stock reported during the same period one year ago.   During the Company's second quarter
 conference call on January 19, 2001, the company expressed concern with respect to third
 quarter income levels given a general softening in the economy and a resulting softening in
 demand in several of its major markets.
On a year-over-year comparative basis, excluding acquisitions, the Company is currently projecting lower third quarter sales volumes in both the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment.  The projected decline in
net income is primarily driven by the lower sales volume levels in both business segments, a shift in the sales mix to lower margined products and, as previously disclosed, losses in the furniture components product line, which continues to perform
significantly below the prior year comparable period.
"In addition to aggressively pursuing new business opportunities, Kimball International is
 actively aligning its cost structure to slower sales volumes in both of its business segments,"
 stated Kimball International Chairman and Chief Executive Officer, Douglas A. Habig.
 "Overall, we have a heightened focus on all discretionary spending and both segments have taken
 immediate actions to align their labor costs with the slower demand, including operating with
 shorter work weeks at affected business units, the elimination of several temporary employee
 positions, and a reduction in the number of direct and indirect Kimball employees supporting
 production and administrative processes.  From January 1, 2001, the start of the third quarter,
 through March 14, 2001, Kimball International, in response to the slower sales levels, has
 reduced its total worldwide workforce by approximately 6%."
"Similar to my comments during our second quarter conference call and webcast, we continue
 to believe it will take several months before we begin to see marked bottom line improvement
 in our furniture components product line.  While changes have been made to improve the
 profitability of this product line, we are finding the start-up challenges and operating
 inefficiencies at our new veneer mill in Chandler, Indiana, to be greater than what we had
 anticipated.  Conversely, our Juarez, Mexico large screen television cabinet operation,
 which hindered prior quarters' results due to start-up costs and inefficiencies, is showing
 significant improvement and is now projected to be profitable in the third quarter," stated
 Habig.
"Although our updated forecasts now confirm the economic slowdown is greater than we
 anticipated at the beginning of the quarter, we remain committed to our focus on profitable
 top line growth opportunities and balancing our cost structure with lower volumes over the
 next several months," concluded Habig.
Kimball International will conduct a conference call on Thursday, April 19, 2001 following
 the release of its third quarter fiscal 2001 results. A webcast of the conference call will
 take place simultaneously.  Details of the conference call and webcast will be released on
 or about April 12, 2001.
The above third quarter fiscal 2001 earnings guidance is considered forward-looking under
 the Private Securities Litigation Reform Act of 1995, and is subject to risks and uncertainties
 including, but not limited to, significant volume reductions from key contract-based customers,
 loss of key customers or suppliers within specific industries, availability or cost of raw
 materials, and increased competitive pricing pressures reflecting excess industry capacities.
 Additional cautionary statements regarding other risk factors that could have an effect on the
 future performance of the Company are contained in the Company's Form 10-K filing for the period
 ending June 30, 2000.
Kimball International, Inc. provides a vast array of products from its two business segments:
 the Furniture and Cabinets Segment and the Electronic Contract Assemblies Segment.  The
 Furniture and Cabinets Segment manufactures furniture for the office, residential, lodging and
 healthcare industries and store display fixtures, all sold under the Company's family of brand
 names.  Other products produced by Kimball on an original equipment manufacturer basis include
 store fixtures, television cabinets and stands, residential furniture and furniture components.  The Electronic Contract Assemblies Segment provides design engineering, manufacturing, packaging and distribution of electronic assemblies, circuit boards,
multi-chip modules and semiconductor components on a contract basis to a variety of industries on a global scale.
For more information about Kimball International, Inc., visit the Company's web site on the
 Internet at www.kimball.com.
"Kimball International Builds Success"
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.
KIMBALL INTERNATIONAL, INC.
By:
/s/ Robert F. Schneider
ROBERT F. SCHNEIDER
Executive Vice President,
Chief Financial Officer
Assistant Treasurer
Date: March 15, 2001
3