PGI Finalizes Contract With Reifenhäuser Reicofil

Polymer Group Inc. (PGI), Charlotte —
through Dominion Nonwovens Sudamericana S.A. (DNS), its joint venture in Buenos Aires — has
completed a contract with Reifenhäuser Reicofil GmbH & Co. KG, Germany, to purchase a
wide-width, multi-beam spunbond line for the expansion of the DNS facility.

“PGI’s strategy of growing on a global basis to provide the right products where customers
need them continues to be a focus for our business,” said William B. Hewitt, interim CEO, PGI. “Our
strategic relationship with Reifenhäuser Reicofil has been paramount to executing that strategy for
many years and we are focused on sustaining the mutually beneficial relationship for many years to
come.”

The new line will more than double DNS’s capacity. Construction of the new facility will
begin later this year, with installation expected to be complete by the end of fiscal year
2007.

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