CHARLOTTE, NC, November 12, 2014-

Polymer Group, Inc. ("PGI" or the "Company") reported results of operations for the third quarter ended September 27, 2014.

As previously announced, the Company completed the acquisition of Providencia on June 11, 2014 (the "Providencia Acquisition Date"), whereby the Company acquired a 71.25% controlling interest in Providencia. The results of operations of Providencia have been included in the Company's operating results since the Providencia Acquisition Date. In addition, the Company completed the acquisition of Fiberweb on November 15, 2013 (the "Fiberweb Acquisition Date"), whereby Fiberweb became a wholly-owned subsidiary of the Company. The results of operations of Fiberweb have been included in the Company's operating results since the Fiberweb Acquisition Date.

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