Foamex to Use Sales Proceeds to Repay Loan

Linwood, PA, October 12, 2007--Foamex said it will use net proceeds of approximately $9.7 million from the previously announced sale of its stand-alone carpet cushion facilities towards a repayment of its first lien term loan.

The net proceeds amount differs slightly from the anticipated amount of approximately $10 million due to a post-closing inventory adjustment.

Commenting on the debt reduction, Jack Johnson, president and CEO of Foamex, said: "We continue to focus on deleveraging the balance sheet and I remain confident that we are on track to meet or exceed our goal of having less than $560 million of net debt by year-end."