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Collins & Aikman Announces Increase In Stock Repurchase Program

9 June 1998

Collins & Aikman Announces Increase In Stock Repurchase Program

    CHARLOTTE, N.C., June 8 -- Collins & Aikman Corporation
announced today that the Executive Committee of its Board of
Directors has approved an increase in the Company's stock repurchase program.
The Executive Committee has increased the authorized expenditures for common
share repurchases from $10 million to $25 million in the aggregate 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 15,000 employees and operates 64
manufacturing facilities in 11 countries.