Paragon Announces Securities Listing

NORCROSS, Ga. (PROTEXT) - Paragon Trade Brands, Inc. (OTCBulletin Board: PGTR) today announced that its new common sharesand warrants have been approved for quotation on the NationalAssociation of Securities Dealers, Inc. (NASD) Over-the-Counter(OTC) Bulletin Board beginning today. The Company's shares willbe quoted on the OTC Bulletin Board under the symbol "PGTR" andthe warrants under the symbol "PGTRW". Paragon Trade Brands is the leading manufacturer of storebrand infant disposable diapers in the United States and, throughits wholly owned subsidiary, Paragon Trade Brands (Canada) Inc.,is the leading marketer of store brand infant disposable diapersin Canada. Paragon manufactures a line of premium and economydiapers, training pants, feminine care and adult incontinenceproducts, which are distributed throughout the United States andCanada, primarily through grocery and food stores, massmerchandisers, warehouse clubs, toy stores and drug stores thatmarket the products under their own store brand names. Paragonhas also established international joint ventures in Mexico,Argentina, Brazil and China for the sale of infant disposablediapers and other absorbent personal care products. Statements made in this press release, other than thoseconcerning historical information, should be considered forward-looking statements. Such statements are subject to certain risksand uncertainties that could cause actual results to differmaterially from those expressed in the Company's forward-lookingstatements. Factors which could affect the Company's financialresults, including, but not limited to: increased raw materialprices and product costs; new product and packaging introductionsby competitors; increased price and promotion pressure fromcompetitors; new competitors in the market; increased financialleverage; Year 2000 compliance issues; and patent litigation, aredescribed in the Company's periodic filings with the Securitiesand Exchange Commission, including the Annual Report on Form 10-K. Readers are cautioned not to place undue reliance on theforward- looking statements contained herein, which speak only asof the date hereof, and which are made by management pursuant tothe "safe harbor" provisions of the Private Securities LitigationReform Act of 1995. ots Original Text Service: Paragon TradeBrands, Inc. Internet: http://www.newsaktuell.de Contact: AlanJ. Cyron, Executive Vice President and Chief Financial Officer ofParagon Trade Brands, Inc., 678-969-5200, or Kurt P. Ross, or GuyB. Lawrence, both of Ross & Lawrence Public Relations, 212-308-3333, or kpross@rosslawpr.com , for Paragon Trade Brands, Inc.

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