The award will be presented at the Vision 2008 Consumer Products Conference, to be held Feb.
5-7, 2008, at the Renaissance Worthington Hotel in Forth Worth, Texas.

Milliken, one of just 92 companies on the list, was recognized for its leadership in ethics
and compliance, advancement of discourse on social and ethical issues, and positive engagement in
the surrounding community.

Ethisphere conducted a lengthy process of selection, looking at companies’ codes of ethics,
litigation and regulatory infraction histories, investment in innovation and sustainable business
practices, and activities to improve corporate citizenship. The magazine also worked with consumer
action groups to gain feedback and rating, and studied nominations from senior executives, industry
peers, suppliers and customers.

At the annual meeting of Eurocoton, the European trade organization representing the cotton
and allied textile industries, officials of that group and the Washington-based National Council of
Textile Organizations (NCTO) urged their respective governments to attack countries that use
non-tariff barriers to protect their own industries while employing what they say are “predatory
trade practices” that undermine textile and apparel manufacturing in the United States and Europe.

“The Doha negotiations are supposed to increase trade, not hand it over to countries [that]
do not play by the rules,” said Cass Johnson, president, NCTO. “Our industries are strongly opposed
to Doha ‘solutions’ currently under consideration that would allow the central government of China
to dominate world productions of textiles and apparel under the guise of increased market access.”

Thomas Lanaras, president of Eurocoton, said the trade promotion formulas currently under
consideration in the Doha Round do not take into account protectionist policies of China and other
major exporting countries. “We cannot support formulas [that] allow protectionist and high tariff
walls while trading away the last defenses our industries enjoy,” Lanaras said. “Our governments
should support a sectoral solution which, on the tariffs side, would be equitable by providing for
tariff reciprocity at levels that would still preserve attractiveness to existing preferential
tariff rates, rather than slash them.”

The Doha Round of negotiations was suspended last April when it became apparent there were
vast differences on agriculture issues and the positions of the developed and developing nations in
the manufacturing sectors. While US government trade officials remain optimistic about the chances
for resumption of the talks, little progress has been made. Another key issue standing in the way
of the negotiations is the question of renewal by Congress of the President’s trade promotion
authority (TPA), which expires at the end of June. Without TPA, officials in the United States and
other countries agree, a successful round of negotiations would be impossible

While there is anything but a consensus on textile tariff cuts, US and European officials
say that whatever is done must result in reciprocal market access.

With respect to another major issue — removal of safeguard quotas on Chinese imports at the
end of 2008 — the European and US trade associations voiced their concern over the impact of
freeing up trade in what are considered particularly sensitive product categories. According to
officials of the two trade associations China has captured a two-thirds share of both the European
Union and US markets where quotas have been removed in the past. They warned that their industries
would be “devastated” if quotas are removed from the product categories that still remain under
quota control.

In a paper presented to the WTO’s Development Agenda Negotiation Group on Rules, US Trade
Representative Susan C. Schwab said, “It is time for the WTO to develop rules that will rein in the
use of industrial subsidies.”

The types of subsidies the United States would like to prohibit include coverage of
operating losses, forgiveness of government held debt, lending to uncredit-worthy companies, equity
investments in unequity worthy companies, and offering government financing that is not
commercially available. The petition also proposed additional WTO transparency procedures
applicable to state-owned companies and government subsidies to those companies.

Hahl, which produces cut plastic filaments for brushes, bristles and fabrics used in
industrial and commercial applications, will become the headquarters of Lenzing Plastics’ US
business. Lenzing expects to realize sales of US$7 million to US$8 million in the United States,
Europe and Asia.

“The acquisition of Glassmaster is another building block in Lenzing Plastics’ expansion
strategy,” said Thomas Fahnemann, chairman of The Lenzing Group’s Management Board. “The product
portfolio of Glassmaster is the optimum extension of our recent takeover of the Hahl Group, whose
emphasis is on the production of industrial synthetic brushes as well.”