| ISLAND APPAREL S.A. Hope Bill |


| Island Apparel has had the opportunity to take advantage of the Hemispheric Opportunity through Partnership Encouragement Act, or HOPE and are gearing up for HOPE II. With the first HOPE ACT we expanded out cutting capabilities as well as our manufacturing and production capacity by purchasing new cutting tables, spreaders, and sewing machines. We also acquired a new building and rearranged the floor in order to make our current process more efficient allowing us to take advantage of the legislation benefits and TPL provisions. We hope to continue our expansion with HOPE II by further expanding our facility and possibly venturing into new products. |