Milliken Announces Price Increases

Effective immediately, Milliken & Company, Spartanburg, has implemented price increases of up
to 15 percent for all of its products and services. The company cited unparalleled increasing costs
of raw materials, energy, freight and other costs in announcing the price increase.

“We are well aware of the many pressures our customers face even under normal circumstances,
and we take this decision reluctantly, but in recognition of the new global economic reality in
which we are all living,” said Milliken President and CEO Joe Salley.

July 8, 2008