Propex To Sell Plant To Aladdin

Austell, Ga.-based Propex Fabrics Inc. has agreed to sell its Roanoke, Ala.-based Roanoke Mills
plant to Aladdin Manufacturing Corp. – Calhoun, Ga.-based Mohawk Industries Inc.’s manufacturer of
the Aladdin by Mohawk brand of residential carpet. The companies expect the sale, which is subject
to regulatory approvals, to be completed in early April 2006.

About 470 employees currently produce secondary carpet backing at the Roanoke site.

“Propex has been a major supplier of
secondary backing to Mohawk,” said Jeff Lorberbaum, chairman and CEO, Mohawk. “They have earned a
reputation as a solid manufacturing organization for quality, service and value. We look forward to
welcoming their employees into the Mohawk family and becoming a part of these communities.”

March 7, 2006