Burlington WorldWide To Acquire Cleyn And Tinker

Greensboro, N.C.-based International Textile Group’s (ITG’s) Burlington WorldWide division has
agreed to purchase Cleyn and Tinker Inc., Quebec, including the Cleyn and Tinker trade name and
intellectual properties.Cleyn and Tinker produces 100-percent worsted wool and wool-blend fabrics
for men’s, women’s and career apparel. Burlington WorldWide plans to move production of Cleyn and
Tinker styles to Burlington WorldWide plants in the United States and Mexico.

“The combination of these businesses provides us the ability to further develop classic and
performance-driven fine wool products that bring value to our customers’ brands,” said Kenneth T.
Kunberger, president, Burlington WorldWide. “We are committed to maximizing our world-class
manufacturing capabilities and technical expertise to drive new product innovation and further
establish Burlington WorldWide’s position as the North American leader of worsted wool fabrics.”

January 2005