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Collins & Aikman Announces Results Of Offer To Repurchase JPS Automotive Notes

23 September 1997

Collins & Aikman Announces Results Of Offer To Repurchase JPS Automotive Notes

    CHARLOTTE, N.C., Sept. 23 -- Collins & Aikman Corporation
announced today that its wholly-owned subsidiaries, JPS Automotive
Products Corporation and JPS Automotive L.P. (collectively "JPS Automotive"),
repurchased $23,000 principal amount of the 11 1/8 percent Senior Notes Due
2001 of JPS Automotive pursuant to an offer to repurchase that expired at the
close of business on Sept. 16, 1997.
    After giving effect to the repurchase of these Notes by JPS Automotive,
approximately $88.7 million principal amount of the Notes remain outstanding.
    Collins & Aikman Corporation is a global supplier of automotive interior
systems, including textile and plastic trim, acoustics and convertible top
systems.  Headquartered in Charlotte, NC, the Company's recent acquisitions
have significantly expanded Collins & Aikman's product offering and
international presence to include additional operations in the U.S., Mexico,
Spain, Canada, Sweden, Belgium and the U.K.  The Company employs almost 13,000
employees and operates 58 manufacturing facilities in 9 countries.

SOURCE  Collins & Aikman Corporation