Fruit Of The Loom To Close Coosa River Operations

Fruit of the Loom Inc., Bowling Green, Ky., will permanently close its Coosa River Dyeing and
Finishing operation and partially close its Coosa River Knitting operation in Wetumpka, Ala., as a
result of a capacity realignment in order to streamline processes and improve global
competitiveness. The closures, which do not affect the Coosa River Yarn facility, will result in
the elimination of approximately 450 jobs.

The company will convert the affected facility to a distribution center that is expected to
open later this year, creating approximately 150 jobs.

“This decision is in no way a reflection on the productive and dedicated workforce at Coosa
River,” said Jeff Thurman, the company’s senior vice president of manufacturing. “Our industry is
continuing to face competitive global pressures, and we must look for every way to streamline our

June 11, 2008