Rieter Orders Increased In 2002

Switzerland-based Rieter Textile Systems reported an 18.6-percent increase in orders in 2002, for a
total of CHF 1,132 million. First-half 2002 orders were strong as a result of activity from China
and Turkey.

Consequently, Rieter reports production of staple fiber machinery will be at a high level
through the first half of 2003. Man-made fibers and nonwovens production machinery saw improved
markets in the second half of 2002.

Second-half 2002 sales improved 40 percent over the first half. Annual sales totaled CHF
1,108 million. Technical components and staple fiber machinery, including Rieter’s new card and its
new rotor system, were in demand.

March 2003