Latest 2008 Fall / Winter fabric by Fountain Set Collection. More Green and Comfort with Organic Cotton and Softa Fleece Series

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FOR IMMEDIATE RELEASE Media Contact Ms Charmaine CHENG Corporate Communications & Investor Relation Manager Tel +852 3478 7017 Fax +852 2418 7048 Email whcheng@fshl.com Latest 2008 Fall / Winter fabric by Fountain Set Collection China Hong Kong 29 th October 2007 Fountain Set (Holdings) Limited ("Fountain Set" or "The Group"; SEHK: 420), a global leader in the manufacturing of knitted fabrics, announced the launch of its two latest fabrics under the consolidated brand name "fabric by Fountain Set ". The organic cotton and Softa Fleece fabrics provide global customers with green and comfortable living. Organic cotton eco fabric by Fountain Set The organic cotton used in fabric by Fountain Set is 100% purchased from certified organic cotton farming practitioners, who avoid the use of chemical fertilizers, synthetic pesticides and defoliants. Organic cotton not only improves the environment, but is also a preferred option for wearers with sensitive or allergic skin. Softa Fleece comfort fabric by Fountain Set Softa Fleece fabric by Fountain Set is produced by a special technique which endows the fabric with stretchability, exceptionally low shrinkage and a hand-feel so soft that makes it irresistible to wearers. It is an ideal all-rounded fabric for harsh weather. Dr Anthony Wan, Research and Development Director of Fountain Set, said, People s pursuit of sustainable development promoted green and healthy purchase trends in choosing daily garments. An increasing number of internationally renowned fashion brands have also introduced organic cotton garment lines in response to this growing consumer behavior. Fountain Set, as an initiator in promoting a Green Earth, has long been working to improve the environment, not only in developing environmentally friendly products, but also in promoting the importance of sustainability Page 1 of 5

of the entire textile industry environment. Fountain Set will continue to invest in developing more environmentally friendly fabrics, so as to foster harmony between human and nature, and enhance mankind s quality of life. The new organic cotton and Softa Fleece fabrics by Fountain Set will be exhibited at "intertextile SHANGHAI Apparel Fabrics Show 2007 (29 th October 1 st November 2007) in Shanghai, China. During the exhibition, there will be fabric previews of a full range of fabrics by Fountain Set -- including the Dr Dry moisture management series, fabrics made with recycled cotton yarns, the latest ActivFresh C activated carbon series, as well as the 2008 fall/ winter collection -- all at Fountain Set s largest ever booth (W2C66 / D71, Hall 2, sized 126 square meters). fabric by Fountain Set 2007 Fall/ Winter Fashion Show To further present the Group s Knit Different. Live Different. brand philosophy, a fashion show highlighting fabrics by Fountain Set will be held at its booth on 30 th October 2007 with sponsorship from Geri, a ladies casual wear brand, and THINK PINK, the renowned Italian causal wear brand. Through this trendy and innovative fashion show, young and vivacious models will demonstrate the causal, relaxing and vibrant features of garments that are made with fabrics by Fountain Set. The Era of Water-free Dyeing for Textiles Symposium To advocate environmentally friendliness and sustainable development, a seminar titled The Era of Water-free Dyeing for Textiles will be held on 31 st October 2007 at 2:00pm at room E2M19 in the Shanghai New International Exhibition Center. Dr J.M. Yu, Senior Manager, Research and Development of Fountain Set Limited, will share with industry practitioners the latest water-free dyeing techniques and future prospects for textile dyeing and finishing. Should you have any enquiry about fabrics by Fountain Set, please email to sales@fshl.com Fountain Set and ActivFresh are trademarks of Fountain Set (Holdings) Limited. Dr Dry is the registered trademark of Fountain Set (Holdings) Limited. ~ End ~ Page 2 of 5

About Fountain Set Fountain Set (Holdings) Limited and its subsidiaries are recognised in the industry as the world s largest circular knitted fabric manufacturer and has long been a driving force in the global market through its vertically integrated operations in spinning, knitting, dyeing, printing and finishing. The Group s product range also includes dyed yarns, sewing threads and garments. As a major fabric supplier to garment manufacturers in over 40 countries that supply to internationally renowned retail brands, Fountain Set s worldwide sales reached HK$ 7.13 billion (US$ 919 million) in the financial year 2006. Headquartered in Hong Kong and listed on The Stock Exchange of Hong Kong Limited, Fountain Set (Holdings) Limited (SEHK: 420) has production facilities in the PRC, Sri Lanka and Indonesia, with marketing and representative offices in 8 countries and a global staff force of approximately 20,000. To learn more about Fountain Set, please visit www.fshl.com About THINK PINK THINK PINK a functional and casual, quality European brand from Italy established since 1979. Our Free Thinking philosophy emphasizes the importance of being free to establish your own style, having functional comfort for you to fully appreciate nature while being able to look fashionable for metropolitan life at the same time. For more information of THINK PINK, please visit www.thinkpink.hk Page 3 of 5

About Geri Hong Kong casual wear brand, Geri, made its official debut in China in 2006. At present, Geri has established stores in the major commercial centers of numerous cities throughout China. Focusing on the casual, trendy and unique design style, Geri is proud to have attracted a devoted customer community comprised of ladies between 20-30 years old, who know how to enjoy the leisure hours within their daily life, jobs and families. We believe casual wear is not limited to weekends but can be worn with confidence and spirit for any lady with taste. For more information of Geri, please visit www.gerijeans.com Page 4 of 5

Organic cotton fabric by Fountain Set and hangtag Softa Fleece fabrics by Fountain Set and garments made with these fabrics Cooperated casual wear brands - Geri (left) and THINK PINK (right) at fashion show Page 5 of 5