WestPoint Stevens Inc. Declares Regular Quarterly Cash Dividend

WestPoint Stevens Inc announced that the Board of Directors has approved the payment of a quarterly cash dividend of $.02 per share, payable on March 1, 2000, to shareholders of record as of February 24, 2000.

WestPoint Stevens Inc. is a home fashions consumer products marketing company with a comprehensive line of Company-owned and licensed brands for the bedroom and bathroom. The Company is vertically integrated, and is the nation's leading manufacturer and marketer of bed linens, towels, comforters and other accessories that are sold in retail outlets throughout the world. WestPoint Stevens' home fashions and consumer products are marketed under the well-known brand names of GRAND PATRICIAN, MARTEX, UTICA, STEVENS, LADY PEPPERELL and VELLUX, and under licensed brands including RALPH LAUREN HOME COLLECTION, SANDERSON, STAR WARS, ESPRIT, JOE BOXER and SERTA PERFECT SLEEPER.

Edited by Anndrea Vorobej