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Jack Guynn joins Atlanta-based apparel marketer firm

January 9, 2007 (United States Of America)

Oxford Industries Inc announced that Jack Guynn has been appointed to the Company's Board of Directors.

Mr. Guynn recently retired as President and CEO of the Federal Reserve Bank of Atlanta, where he was responsible for all of the Bank's activities, including monetary policy, bank supervision and regulation, and payment services.

He also served as Chairman of the Bank's Management Committee and as a member of the Federal Open Market Committee, the Federal Reserve System's chief monetary policy body. Mr. Guynn's term of service as a director with the Company will continue until the next election of directors at the Company's 2007 annual meeting of shareholders.

"Jack brings a wealth of experience and knowledge from his 42 year career at the Federal Reserve Bank," commented J. Hicks Lanier, Chairman and CEO of Oxford Industries, Inc. "We are pleased to welcome Jack and are confident that he will make a significant contribution to our Board of Directors."

Oxford Industries Inc also announced that Thomas C. Gallagher, Chairman, CEO and President of Genuine Parts Company, has resigned from Oxford Industries, Inc.'s Board of Directors to eliminate a director interlock relationship that had existed between Oxford Industries, Inc. and Genuine Parts Company.

"I would like to thank Tom for his wise counsel and valuable insight during his fifteen years of service on our Board," continued Lanier. "Tom has been a great supporter and advocate of our strategic repositioning process. We will certainly miss him."

Oxford Industries Inc
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