Delta Galil Completes Purchase Of Auburn Hosiery

Israel-based Delta Galil Industries Ltd. has completed its purchase of St. Louis-based Kellwood
Co.’s sock business, Auburn Hosiery Mills. With the acquisition, Delta Galil gains Auburn Hosiery’s
operations in the United States and Europe. The company will continue the reorganization of Auburn
Hosiery’s European operations begun by Kellwood.

According to Dov Lautman, chairman of Delta Galil’s board, the purchase will strengthen Delta
Galil’s relationship with Wal-Mart, Auburn Hosiery’s main customer and Delta Galil’s second-largest
global customer.

January 2004