DATE:          March 23, 2009

TO:              Victor and Craftex Mills Customers

FROM:         Alain Duval, President and CEO

SUBJECT:   Victor Acquisition of Craftex Brand

                                                                                                                     

We are writing to share the exciting news that Victor has acquired the Craftex brand from the secured creditor of Pennsylvania-based Craftex Mills.  Victor now owns the Craftex brand and the company's catalog of products.  The Craftex brand will continue to be offered by Victor, providing customers with the same quality products that have made it an industry leader for more than 100 years.

This acquisition creates a stronger, more financially secure supplier of the Craftex brand, and offers stability for Craftex brand customers during these challenging economic times.  Our pledge to you is that your experience with the Craftex brand will not be diminished in any way as a result of this acquisition.  All of the Craftex brand products that you have come to know and trust will continue to be available from Victor. 

This acquisition ensures that you will continue to receive the same outstanding service and value that have been hallmarks of the Craftex brand for three generations. And we expect that this acquisition will result in an exciting collection of new designs, patterns and product innovation.

Thank you for the opportunity to work with you. We appreciate your business and your trust. If you have any questions, please feel free to contact Victor's Contract and Residential Sales Director Jean-François Gagnon at 418-227-9897 or Jack Eger, VP Sales and Marketing for the Victor Craftex brand at 610-941-1212.

Alain Duval, President and CEO