Morgan Keegan Confirms Mohawk’s Outperform Rating

New York, NY, May 21, 2007--Analysts at Morgan Keegan reiterate their "outperform" rating on Mohawk, while revising their estimates for the company.

In a research note published this morning, the analysts mention that the upward revision in the EPS estimate reflects higher margins at the company's laminate division, Unilin. The downward revision in the operating EPS estimate reflects higher SG&A expenses as a proportion of net sales in 2H07.

The EPS estimate for 2Q has been raised from $1.51 to $1.60. The operating EPS estimate for 2007 has been reduced from $6.52 to $6.42.