Milliken Named To 2008 World’s Most Ethical Companies List

Spartanburg, S.C.-based Milliken & Company was recently named to The Ethisphere Institute’s
2008 World’s Most Ethical Companies List. Ethisphere, a New York City-based think-tank dedicated to
driving and reinforcing profitable ethical business practices, presented the award at the “Driving
Profit Through Ethical Leadership” conference, sponsored by Ethisphere and Forbes.

“This recognition highlights one of the core philosophies of Milliken, a belief that doing
the right things for the right reasons ultimately achieves the best results for our customers,
communities, associates and shareholders,” said Milliken CEO Joe Salley. “We are honored to have
the ethical actions of all of our associates recognized.”

The extensive evaluation process to determine the finalists involved researchers and analysts
reviewing more than10,000 leading companies worldwide, considering aspects such as codes of ethics;
litigation and regulatory infraction histories; investment in innovation and sustainable business
practices; companies’ activities to improve corporate citizenship; and more.

“We applaud Milliken & Company as one of the companies honored this year because they
have developed impressive and meaningful ethical business practices, making them true standouts
within their industries,” said Ethisphere Institute Executive Director Alexander Brigham. “By their
actions, they are forcing their competitors to follow suit, or fall behind and truly embodying the
notion that ethical business practices are more profitable in the long run.”

The 2008 list of the World’s Most Ethical Companies is featured in the Q2 issue of
Ethisphere™ Magazine.

June 17, 2008