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Collins & Aikman's Fourth Quarter and Year-End 2000 Conference Call Scheduled for February 21

    TROY, Mich.--Feb. 16, 2001--Collins & Aikman Corporation today announced that its fourth quarter and year-end 2000 conference call will be Wednesday, February 21, at 10 a.m. ET.
    The details of the conference call are as follows:

-- Real time access to the conference call will be available by calling (973) 628-9554 approximately 15 minutes prior to start time. When prompted for verbal password, indicate CA121.
-- Access to the conference call will be available via web cast at the Company's web site at www.collinsaikman.com.
-- For those individuals unable to join the conference call on Feb. 21, a digital replay will be made available by calling (402) 220-0952. The digital replay will be available for approximately one week following the call.
-- In addition, an archived web cast will be available at the Company's web site at www.collinsaikman.com for approximately 30 days.

    Collins & Aikman, with annual sales approaching $2 billion, is the global leader in automotive floor and acoustic systems and is a leading supplier of automotive fabric, interior trim and convertible top systems. The Company's operations span the globe through 63 facilities, 13 countries and over 15,000 employees who are committed to achieving total excellence. Collins & Aikman's high-quality products combine industry-leading design and styling capabilities, superior manufacturing capabilities and the industry's most effective NVH "quiet" technologies. Information about Collins & Aikman is available on the Internet at www.collinsaikman.com.
    This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including but not limited to general economic conditions in the markets in which Collins & Aikman operates, fluctuations in the production of vehicles for which the Company is a supplier, changes in the popularity of particular car models or particular interior trim packages, the loss of programs on particular car models, labor disputes involving the Company or its significant customers, changes in consumer preferences, dependence on significant automotive customers, the level of competition in the automotive supply industry, pricing pressure from automotive customers, the substantial leverage of the Company and its subsidiaries, limitations imposed by the Company's debt facilities, charges made in connection with the integration of operations acquired by the Company, the implementation of the reorganization plan, risks associated with conducting business in foreign countries and other risks detailed from time-to-time in the Company's Securities and Exchange Commission filings including without limitation, in Items 1 and 7 of the Company's Annual Report on Form 10-K for the year-ended December 25, 1999, and Item 1 in the Company's Quarterly Reports on Form 10-Q for the periods ended April 1, 2000, July 1, 2000, and September 30, 2000.