Kent Holdings Becomes Kent Worldwide

Kent Holdings, a Greenville-based
group of companies that includes wool spinner Kentwool — formerly Kent Manufacturing Co. — and real
estate developer Kent Properties, has changed its name to Kent Worldwide, with the intention of
developing and supporting a global portfolio of top-quality companies and partnerships.

“This exciting brand development initiative further positions our Kent group of companies
for future-oriented domestic and international business strategies,” said Mark Kent, president and
CEO, Kent Worldwide. “It was important to present a corporate architecture to our targeted partners
that conveys not only who we are, but who we are becoming. Our objective is for Kent Worldwide to
represent an extraordinary collection of companies and corporate partners from across the globe.”

Kent also serves as president and CEO of Kentwool and Kent Properties. Kentwool is a spinner
of high-quality super-fine wool yarn used in fabrics woven by Italy-based Loro Piana S.p.A.; women’s
apparel from Irvine, Calif.-based St. John Knits Inc.; and its own exclusive lines of apparel,
accessories and interior textiles. The company also has teamed with the Advanced Materials group at
Clemson, S.C.-based Clemson University to develop environmentally sensitive wool products for both
consumer-oriented and industrial products.

October 9, 2007