Guilford Mills, Inc. Invites You to Join Its Second Quarter Conference Call on the Web.

GREENSBORO, N.C., May 3 /PRNewswire/ --

In conjunction with Guilford Mills, Inc.'s Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Monday, May 7, 2001 at 10:00 AM Eastern Time.

What: Guilford Mills, Inc. Second Quarter Fiscal 2001 Earnings

Conference Call

When: Monday, May 7, 2001 at 10:00 AM Eastern Time

Where: http://www.videonewswire.com/GUILFORD/050701

How: Live over the Internet -- Simply log on to the web at the

address above

Contact: Mark Cook, Treasurer of Guilford Mills, Inc., 336-316-6833 or

mcook@gfd.com

Guilford Mills (NYSE: GFD) is an integrated designer and producer of value-added fabrics using a broad range of technologies. The company is one of the largest warp knitters in the world and is a leader in technological advances in textiles, including microdenier warp knits and wide width circular knits of cotton blended with LYCRA(R). Guilford Mills serves a diversified customer base in the home furnishings, apparel, automotive and industrial markets. Through its Guilford Home Fashions subsidiary, the company produces bedding products, window treatments and shower curtains for the retail market.

If you are unable to participate during the live webcast, the call will be archived on the Web site www.guilfordmills.com. To access the replay, click the Finance link. Alternatively, go directly to http://www.guilfordmills.com/finance.htm and click Earnings Release.

(Minimum Requirements to listen to broadcast: The RealPlayer software, downloadable free from www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webmaster@vdat.com.)

For those unable to listen to the call via the Internet, a replay of the call will be available from Monday, May 7, 2001 at 1:30 p.m. Eastern Time until Friday, May 11, 2001, 11:59 p.m. Eastern Time by dialing 800-475-6701. The confirmation number for the replay is 585503. For more information on accessing the Webcast or on participating by telephone, please call Mark Cook at 336-316-6833.

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