John Boyle To Become Part Of Glen Raven Technical Fabrics

After seven months of planning, Glen Raven, N.C.-based Glen Raven Inc. will integrate the John
Boyle Co. Inc. manufacturing facility, located in Statesville, N.C., into its Technical Fabrics
Division. Glen Raven acquired John Boyle – a producer and distributor of specialty fabrics,
hardware and accessories – in May 2007.

With the integration of the John Boyle manufacturing operation, Glen Raven Technical Fabrics
– which already manufactures a number of products including GlenGuard® FR (fire retardant),
HaloTech® FR and SunBrite – will serve such major textile markets as automotive, industrial,
military, outdoor and protective.

“Aligning John Boyle with the Technical Fabrics Division gives Glen Raven a deeper portfolio
of well-respected brands and a solid global production base from which to serve our customers,”
said Hal Bates, marketing director, Glen Raven Technical Fabrics. “With the addition of John
Boyle’s manufacturing expertise and excellent products, we expect the expanded Technical Fabrics
Division to continue on its current growth path.”

Glen Raven will retain the 147 employees at the Statesville facility, which will be furnished
with Glen Raven signage over the next few months, will be retained.

January 22, 2008