Victor Forstmann To Shutter East Dublin Plant

Due to changing market demands,
apparel and specialty fabrics manufacturer Victor Forstmann Inc. — a wholly owned subsidiary of
Quebec-based Victor Woolen Products — has announced it will close its facility in East Dublin, Ga.,
by the end of next month. Approximately 124 employees will be affected.

“The news is unfortunate for everyone involved,” said Richard Duval, president. “We are
deeply saddened for the employees and this community. These employees have done an outstanding job
for us. We will do everything possible to assist these employees during this transition.”

March 6, 2007