**Exhibit 99.1**

 
|  |   | **Polymer Group, Inc.**

**9335 Harris Corners Pkwy.**

**Suite 300**

**Charlotte, NC 28269**

**www.polymergroupinc.com**

**704-697-5100**

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***Polymer Group,Inc. Announces Filing of Registration Statement For***

***Secondary Sale of Class A Shares***

***For Immediate Release***

** **

## **Monday,August 6, 2007**

[Charlotte, NC]—Polymer Group, Inc. “PGI” (OTCBulletin Board: POLGA; POLGB) today announced the filing of a registrationstatement on Form S-3 with the Securities and Exchange Commission.

The shelf registration statement covers Class ACommon Stock having an aggregate sales amount of up to $350 million held byMatlinPatterson Global Opportunities Partners L.P. and certain of itsaffiliates.  The shelf registrationstatement will permit such selling stockholders to sell, from time to time,shares of PGI’s Class A Common Stock but they are under no obligation to doso.  The selling stockholders willdetermine the number of shares to be included in any offering and have informedthe company that they intend to make sales as early as the third quarter of2007 based on market conditions.  PGIwill not receive any proceeds from the sale of such shares.

A registration statement relating to thesesecurities has been filed with the Securities and Exchange Commission but hasnot yet become effective.  The securitiesmay not be sold nor may offers to buy be accepted prior to the time theregistration statement becomes effective. This press release shall not constitute an offer to sell or thesolicitation of an offer to buy nor shall there be any sale of these securitiesin any state in which such offer, solicitation or sale would be unlawful priorto registration or qualification under the securities laws of any such state.

Polymer Group, Inc., one of the world’s leadingproducers of nonwovens, is a global, technology-driven developer, producer andmarketer of engineered materials. With the broadest range of processtechnologies in the nonwovens industry, PGI is a highly innovative supplier toleading consumer and industrial product manufacturers. The company operates 19manufacturing and converting facilities throughout the world.

**Safe Harbor Statement**

** **

Exceptfor historical information contained herein, the matters set forth in thispress release are forward-looking statements that involve certain risks anduncertainties that could cause actual results to differ materially from thosedescribed in the forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934. These forward-looking statements speakonly as of the date of this release. Important factors that could cause actual results to differ materiallyfrom those discussed in such forward-looking statements include: generaleconomic factors including, but not limited to, changes in interest rates,foreign currency translation rates, consumer confidence, trends in disposable 

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income,changes in consumer demand for goods produced, and cyclical or other downturns;substantial debt levels and potential inability to maintain sufficientliquidity to finance the company’s operations and make necessary capitalexpenditures; inability to meet existing debt covenants; information andtechnological advances; changes in environmental laws and regulations; cost andavailability of raw materials, labor and natural and other resources and theinability to pass raw material cost increases along to customers; domestic andforeign competition; reliance on major customers and suppliers; and risksrelated to operations in foreign jurisdictions. Investors and other readers are directed to consider the risks anduncertainties discussed in documents filed by Polymer Group, Inc. with theSecurities and Exchange Commission, including the company’s Annual Report onForm 10-K and subsequent Quarterly Reports on Form 10-Q.

For furtherinformation, please contact:

Dennis Norman

Vice President —Strategic Planning & Communication

(704) 697-5186

normand@pginw.com

 

 

 

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