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Interface announces termination of private exchange offer

25
Dec '08
Interface, Inc., the world's largest manufacturer of modular carpet, announced today the expiration and termination of its private exchange offer, and companion consent solicitation, with respect to its outstanding 10.375% Senior Notes due 2010 (the "Notes").

The exchange offer and consent solicitation, which had been commenced on November 25, 2008, expired at midnight on December 23, 2008, and the Company will not extend the expiration date to continue the proposed transaction.

All previously tendered Notes will be returned, without expense, to each tendering Note holder's account at Depository Trust Company or at such other account designated by the holder. In connection therewith, all consents previously given by holders with respect to the Company's proposed amendments to the indenture for the Notes will be deemed withdrawn and canceled.

Interface, Inc. is the world's largest manufacturer of modular carpet, which it markets under the InterfaceFLOR(R), FLOR(TM), Heuga(R) and Bentley Prince Street(R) brands, and, through its Bentley Prince Street brand, enjoys a leading position in the designer quality segment of the broadloom carpet market.

The Company is committed to the goal of sustainability and doing business in ways that minimize the impact on the environment while enhancing shareholder value.

Interface


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