Karl Mayer Acquires Sucker-Müller Product Line From Moenus

Germany-based Karl Mayer Textilmaschinenfabrik GmbH has acquired the Sucker-Müller weaving
preparation product line from Germany-based Moenus Textilmaschinen GmbH. The acquisition, which
includes trademark and patent rights, will allow Karl Mayer to expand its Warp Preparation division
by offering a new product line under the Sucker brand.

Sucker will continue its manufacturing operation on a medium-term basis in Mönchengladbach,
Germany, as Sucker Textilmaschinen GmbH, retaining its global service and spare parts business and
25 employees at that location. Karl Mayer ultimately plans to integrate the business, which had
been its largest competitor, into the Karl Mayer Group.

November 6, 2007