Tandus Clarifies Its Ownership of Collins and Aikm

Dalton, GA, May 18--Tandus Group, Inc. reported today that its wholly owned subsidiary Collins and Aikman Floorcoverings, Inc. is not affiliated with the Collins & Aikman Corporation which has been identified in recent news articles surrounding its Chapter 11 filing and the resignation of its Chief Executive Officer. Collins and Aikman Floorcoverings, Inc. was an operating unit of Collins and Aikman Corporation until 1997 when it was then split off in a sale transaction led by its executive management team and a private equity sponsor. Since that time there have been no legal association or business relationship between the companies and they have operated independently. Collins and Aikman Floorcoverings, Inc. markets commercial carpets under the "C&A Floorcoverings" and "C&A" brand names. "The confusion caused by such similar company names and some common history is understandable; however, we want to assure the marketplace that C&A Floorcoverings is healthy and stronger than ever," said Mac Bridger, CEO of Tandus. "With the synergies realized by being part of the Tandus Group, C&A is poised for even greater growth." On April 29, 2005, Tandus Group, Inc. reported its financial results for the fourth quarter and 2004 fiscal year ended January 29, 2005 for its Collins & Aikman Floorcoverings, Inc. and subsidiaries. Net sales in fiscal 2004 increased a strong 9.5% and Adjusted EBITDA (as defined) for fiscal 2004 increased 19.5%. This announcement was made solely by Tandus Group, Inc. and was not sanctioned by anyone associated with Collins & Aikman Corporation.