Lydall Plans $16 Million Expansion

Manchester, Conn.-based Lydall Inc. is to construct a 90,000 square foot facility in St. Nazaire,
France. The plant, expected to cost approximately $16 million, will produce engineered
thermal/acoustical management solutions for the automotive industry. Construction should be
completed in 2004.

“The new facility will enable us to support fully important new customers such as
Renault-Nissan and PSA (Peugeot/Citro), from which we have received significant purchase
agreements, as well as other OEMs throughout Northern Europe,” said Christopher R. Skomorowski,
president and CEO.

March 2003