Polyester Fiber Overview and Dynamics May 2011 Bill Jasper, Chairman and CEO, Unifi

Unifi Global Operations 1

Unifi Manufacturing Processes 2

Innovation – PVA Brands & Partnerships Retail / Brand PartnershipsPVA Brands  PVA portfolio represent 15% of consolidated sales in fiscal 2010  Products utilized in apparel, contract, home furnishings, military, socks and hospitality  Steady investment in R&D and commercialization of PVA products remains a strategic priority 3

Sustainability Unifi believes in working hard to minimize its environmental impact by doing everything possible to achieve the highest standards for sustainable textiles.  Create environmentally friendly products  Conserve & Reclaim Water  Reduce Energy Consumption  Use of Returnable Packaging  Operate fuel efficient transportation fleet Backward Integration Recycling Center 4

Global Production by Region 5 Polyester Fiber: 33 Million TonsNylon Fiber (Type 6 & 66): 3.3 Million Tons  Polyester production is ten times as much as nylon Annual Growth: 4.0 to 5.0% (2010 to 2015) Annual Growth: 1.0 to 1.5% (2010 to 2015)

Unifi Polyester Supply Chain Overview 6

Polyester Raw Material Chain 7 (0.86 X PTA) + (0.34 X MEG) = 1 Polymer

PX (Para-xylene) – Feedstock to PTA 8  Supply/demand became tighter in 2010 and 2011 due to unplanned production outages and robust demand from PTA sector.  New projects are scarce for 2011/2012 supporting progressive tightening of global operating rates above mid-80’s.  High energy cost set the floor for PX prices

PTA 9  Strong operating rates is driven by robust global polyester demand  PTA supply tightness expected to last for the rest of the year, due to delays in new projects in Asia/China.

MEG 10  A combination of planned, unplanned outages and closures plus feedstock limitations (EO), and speculation in 2010/YTD 2011 kept supply just slightly ahead of demand.  No new MEG plants until 2013.

Polyester Raw Material Drivers  Global supply/demand of key ingredients  New plant start-ups or expansions, plant shut-downs (planned and unplanned), Inventory levels, trade flows, regional demand patterns  Energy cost  Crude oil  Natural gas  Multiple product effect  Variety of products compete for the same molecules used by the textile polyester industry – PET bottle, anti-freeze, fertilizers, gasoline, and chemicals 11

Polyester Raw Material Trends 1 1. Tight PX & MEG (90% OR) 2. Hurricane Katrina Replace MSTDB in gasoline blend resulting in surge in MX / PX demand 4. World-scale MEG plant explosion in Middle East 4 5. Crude oil surge ($140/bbl) 5 6. Significant demand and crude drop due to global economic fallout 6 7. Global demand recovery World-scale MEG plant shutdown in Middle East 9. Multiple factors despite manageable crude range a. Robust global demand b. Tight PX, PTA, & MEG supply (90+% OR) c. No major RM plant coming on line in 2011/12 d. Cotton impact 9 12

Polyester Raw Material Outlook 13 Though pricing stabilization is projected to return during April-June quarter, pricing volatility will continue….

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