Nov 25 (Reuters) - Sleep Number Corp :
* STADIUM CAPITAL MANAGEMENT ISSUES LETTER TO SLEEP NUMBER SHAREHOLDERS REGARDING THE NEED FOR A RECONSTITUTED BOARD AND INDEPENDENT CEO SEARCH
* STADIUM CAPITAL MANAGEMENT: INTENDS TO NOMINATE DIRECTORS SHOULD STADIUM SLEEP NUMBER BOARD REMAIN UNWILLING TO WORK WITH STADIUM CAPITAL
* STADIUM CAPITAL: CALLS ON SLEEP NUMBER TO COLLABORATE WITH LARGEST SHAREHOLDER TO ADD DIRECTORS, APPOINT EXEC CHAIRMAN, ENSURE INDEPENDENT CEO SEARCH
* STADIUM CAPITAL: OWNING APPROXIMATELY 11.7% OF SLEEP NUMBER'S OUTSTANDING SHARES
* STADIUM CAPITAL: AS WITH MOST OF OUR SUGGESTIONS, SLEEP NUMBER BOARD SUMMARILY REJECTED OUR PROPOSALS
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