Gildan declares cash dividend of US $0.108 per share

Although the Company is continuing to focus on pursuing its growth strategies, as a result of the Company’s continuing positive outlook for earnings growth and free cash flow generation the Board of Directors has approved a 20% increase in the amount of the current quarterly dividend and has declared a cash dividend of U.S. $0.108 per share, payable on January 6, 2014 to shareholders of record on December 12, 2013.

This dividend is an “eligible dividend” for the purposes of the Income Tax Act (Canada) and any other applicable provincial legislation pertaining to eligible dividends.

About Gildan

Gildan is a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, socks and underwear. The Company sells its products under a diversified portfolio of company-owned brands, including the Gildan, Gold Toe and Anvil brands and brand extensions, as well as under licensing arrangements for the Under Armour and New Balance brands.

Gildan