Regitex Purchases Open-End Spinning Facility

Regitex Inc., Quebec, a manufacturer of ring-spun and protective yarns, has added a third spinning
facility to its business with the recent purchase of a nearby open-end yarn-spinning facility,
which is now doing business as Regifil. The company has hired additional employees in order to
produce acrylic and other yarns at the new plant.

July 2005