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Collins & Aikman Announces Continuation of Stock Repurchase Program

23 January 1998

Collins & Aikman Announces Continuation of Stock Repurchase Program

    CHARLOTTE, N.C., Jan. 23 -- Collins & Aikman Corporation
announced today that the Executive Committee of its Board of
Directors has approved a continuation of the Company's stock repurchase
program.  The Executive Committee authorized expenditures for common share
repurchases of up to $10 million during fiscal 1998.  Thomas Hannah, Chief
Executive Officer of Collins & Aikman Corporation, stated, "The Board
continues to believe our stock is an excellent investment, and the repurchase
program will provide shares for the Company's employee and director stock
option plans."
    Collins & Aikman 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.  The Company employs more than 13,000 employees and operates
58 manufacturing facilities in 9 countries.

SOURCE  Collins & Aikman Corporation