INVISTA Apparel Reorganization Reinforces Position as Leader in Branded and Commodity Spandex

January 17, 2005

WILMINGTON, Del., -- INVISTA announced today a further commitment to the long-term success of its Apparel business globally. As a leader in spandex products -- both branded (LYCRA® fibers) and commodity (ELASPAN® fibers) -- INVISTA seeks to further strengthen its leadership position with further investment in growth, plants, people and brands worldwide.

“Globally, INVISTA is dedicated to bring differentiation and innovation to the markets it serves by working with our key customers and suppliers to become more profitable and successful in bringing consumer-driven innovation to the market linked to our brands,” says Bill Ghitis, president INVISTA Apparel.

In 2005, INVISTA will have several new product innovations that will drive consumer pull of the products including:

* Black LYCRA® fibers

* LYCRA® Body Care

* Xtra Life LYCRA® for swimwear

* LYCRA® T400

* COOLMAX® FreshFX

* New innovations for TEFLON®, TACTEL®, and LYCRA® in denim and circular knit Many of these new products will be on display at the upcoming Salon International De La Lingerie Show (SIL) in Paris later this month.

To further emphasize INVISTA’s commitment and resourcing to brand building and consumer insights, Jon Penrice, vice president, marketing apparel is now also appointed vice president, LYCRA® brand. In this role, Penrice will be continue to build the equity of the LYCRA® brand with consumers in China and other consumption markets in Asia, Europe and the Americas.

INVISTA’s commodity spandex product, ELASPAN®, will continue to be managed independently with Wally Mc Walter, vice president commercial development and spandex, who is based in Wilmington, Del., having general oversight responsibilities for this product. Sales execution of the spandex portfolio will be regionally-based under the leadership of Max Wiesendanger, vice president, Apparel Europe, based in Geneva, Switzerland; and Kent Smith, vice president, Apparel, Americas, based in Wilmington, Del.

“With the increasing size, scope and complexity of the Asia markets, it is vital to the long-term success of our business to increase our focus and leadership in this region so that we may provide superior products and service to our customers,” says Ghitis. “For this reason, a reorganization of the Apparel business structure in Asia has been initiated.”

As a result of the reorganization, the following is occurring:

* INVISTA Apparel will now have two operating regions in Asia: one region will consist of China and Hong Kong, and the other region will consist of the rest of Asia.

* William Yeoh has joined INVISTA as vice president, Apparel, China/Hong Kong. With regional consumer experience most recently at Gillette, Yeoh will now be responsible for the Apparel product portfolio (with the exception of ELASPAN®), specifically driving branded growth in this region. Yeoh will be based in Shanghai.

* Jong Se Kim is now vice president, Apparel, Asia with responsibility for the Apparel product portfolio for the Asia region besides China/Hong Kong (but including all ELASPAN® business). Prior to this appointment, Kim held the position of vice president, ELASPAN®, within INVISTA. Kim will continue to be based in Seoul, Korea.

* Concurrent with this reorganization, Greg Van Nunes, most recently serving as INVISTA’s vice president, Apparel, Asia, will be leaving INVISTA to pursue other opportunities.

In September 2004, INVISTA announced that it would invest more that $100 million in a new production facility in Foshan, Guangdong, Province of China, doubling capacity in the region to meeting growing local needs. Completion of this facility is expected in mid-2006.

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