Biscayne: Other News Release FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: A. Richard Hurwitz Vice President, Corporate Communications (305) 858-2200 BISCAYNE APPAREL AND HEALTHTEX SIGN LETTER OF INTENT TO MANUFACTURE UNDER LICENSE A NEW CHILDREN'S OUTERWEAR COLLECTION CLIFTON, NJ - (August 8, 1997) Biscayne Apparel, Inc. (ASE:BHA) today announced that its M&L International, Inc. subsidiary has signed a letter of intent with Healthtex to manufacture a new collection of children's outerwear under the Healthtex brand name in sizes newborn through 16 for girls and newborn through 7x for boys. The outerwear products include jackets, pramsuits, windsuits, one- and two-piece snowsuits, and padded vests. Initial shipments are targeted for delivery in Fall 1998. Healthtex, a division of VF Corporation (NYSE:VFC), an international apparel manufacturer, manufactures moderately-priced, everyday children's playwear designed for durability, ease of care, and easy dressing. Its playwear is sold through department, chain, and kid's specialty stores nationwide. Kurt C. Gutfreund, President of M&L International and Vice Chairman of Biscayne Apparel, commented, "The addition of Healthtex to our family of licenses enhances the range of our girl's and children's apparel with a well-known playwear manufacturer. Our goal is to deepen Healthtex's penetration of the children's market through M&L's distribution channels." Earl Powell, Biscayne's Chairman, President, and Chief Executive Officer added, "We are very pleased to expand our licensing partnerships with a long-term association with Healthtex Corporation, a pacesetter in the childrenswear industry." M&L International is one of the largest children's outerwear manufacturers in the United States. It is a designer, manufacturer, and marketer of infant's, toddler's, and children's outerwear, sportswear, and swimwear. Its outerwear products are marketed under the WeatherTamer and Windy Trail brand names, which it owns, and Starter, which it licenses. M&L's sportswear and swimwear products are marketed under the Eclipse brand name. Biscayne Apparel, Inc. is a designer, manufacturer, and importer of diversified apparel products and has the following operations: Andy Johns Fashions International - women's, junior's, and children's outerwear; M&L International - infant's, toddler's, and children's outerwear, sportswear, and swimwear; Mackintosh of New England - women's woolen coats and outerwear; and Varon - girl's and boy's underwear and girl's daywear. Additional information on Biscayne Apparel, Inc. is available on the Internet World Wide Web at this address: http://www.cfonews.com/bha; or interested parties may dial direct by modem to (718) 279-3590; or may send E-mail to cfo@panix.com, with the subject bha. Ends.