REVOLVING CREDIT NOTE


January 26, 1996                                             $10,000,000
                                                        Atlanta, Georgia


     FOR VALUE RECEIVED, the undersigned, ONEITA INDUSTRIES, INC., a corporation
organized and existing under the laws of the State of Delaware (the "Borrower"),
promises to pay to the order of NatWest Bank N.A. a national banking association
(the  "Lender"),  on January 26, 1999 or on such earlier date as is provided for
in the Credit  Agreement  (as  hereinafter  defined),  the  principal sum of Ten
Million Dollar and 00/100  ($10,000,000)  or so much thereof as may from time to
time be disbursed hereunder prior to the maturity of this Revolving Credit Note,
as may be shown on the grid schedule attached hereto.

     In  addition  to  principal,  the  Borrower  agrees to pay  interest on the
principal  amounts  disbursed  hereunder from time to time from the date of each
disbursement  until  paid at such  rates  of  interest  and upon  such  dates as
provided in the Credit Agreement.  All indebtedness  outstanding under this Note
shall bear interest after maturity,  whether at stated maturity, by acceleration
or otherwise,  at the default rate  specified in the Credit  Agreement,  and all
such interest shall be payable on demand.

     This  Revolving  Credit Note (this  "Note") is one of the Notes defined in,
and  evidences  Advances  incurred  pursuant to, that certain  Revolving  Credit
Agreement,  dated as of the date  hereof,  by and among the  Borrower,  SunTrust
Bank, Atlanta ("SunTrust"),  First Union National Bank of South Carolina ("First
Union") and NatWest Bank N.A. as Lenders thereunder, SunTrust and First Union as
Agent for such Lenders and SunTrust as Administrative Agent for such Lenders (as
the same may be from time to time  supplemented,  amended,  renewed or extended,
the "Credit Agreement").  Reference hereby is made to the Credit Agreement for a
full and complete description of such terms and conditions,  including,  without
limitation,  the circumstances under which the maturity of this Note may or will
be accelerated  and the unpaid balance and all accrued and unpaid interest shall
become due and payable.  Unless otherwise defined herein,  all capitalized terms
used in this  Note  shall  have the same  meanings  as set  forth in the  Credit
Agreement.


<PAGE>

     Payment of both  principal  and interest on this Note are to be made at the
office  specified  in writing  from time to time by  SunTrust  or any  successor
Administrative  Agent; the initial office for payment shall be at 55 Park Place,
Atlanta,  Georgia, 30303. All payments of principal and interest shall be in the
currency of the United States of America and in immediately available funds.

     The Lender  shall at all times have a right of set-off  against any deposit
balances of the  Borrower in the  possession  of the Lender,  and the Lender may
apply the same  against  payment of this Note or any other  indebtedness  of the
Borrower  to the Lender,  provided  that such  indebtedness  has matured (by its
terms, by acceleration or otherwise).  The payment of any indebtedness evidenced
by this Note shall not affect the  enforceability of this Note as to any future,
different or other indebtedness  evidenced hereby. In the event the indebtedness
evidenced  by this Note is  collected  by legal action or through an attorney at
law,  the Lender  shall be entitled to recover  from the  Borrower  all costs of
collection including reasonable attorneys' fees actually incurred.

     The Borrower  acknowledges  that the actual  crediting of the amount of any
Advance  under the Credit  Agreement  to an account of the Borrower or recording
such  amount on the grid  schedule  attached  hereto  shall,  in the  absence of
manifest error,  constitute  presumptive evidence of such Advance.  Such account
records or grid schedule  shall  constitute,  in the absence of manifest  error,
presumptive  evidence of principal amounts outstanding and repayments made under
this Note and the Credit Agreement,  at any time and from time to time, provided
that the failure of the Lender to record on the grid schedule or in such account
records  the  amount of any  Advance  shall not  affect  the  obligation  of the
undersigned  to repay such amount  together with interest  thereon in accordance
with this Note and the Credit Agreement.

     Failure or  forbearance of the Lender to exercise any right  hereunder,  or
otherwise granted by the Credit Agreement or by law, shall not affect or release
the liability of the Borrower  hereunder,  and shall not  constitute a waiver of
such right  unless so stated in writing by such of the  Lenders as are  required
under the Credit  Agreement to effect such waiver.  THIS NOTE SHALL BE DEEMED TO
BE MADE UNDER,  AND SHALL BE CONSTRUED IN  ACCORDANCE  WITH AND GOVERNED BY, THE
LAWS OF THE STATE OF GEORGIA. Time is of the essence of this Note.


<PAGE>

     PRESENTMENT FOR PAYMENT, NOTICE OF DISHONOR AND PROTEST ARE HEREBY WAIVED.

     Executed under hand and seal in Atlanta, Georgia, on the day and year first
above written.


                             ONEITA INDUSTRIES, INC.


                             By: /s/ Herbert J. Fleming
                               Herbert J. Fleming
                               President
[CORPORATE SEAL]

                             Attest: /s/ Edward I. Kramer
                                   Name: Edward I. Kramer
                                   Secretary

<PAGE>

                     GRID SCHEDULE TO REVOLVING CREDIT NOTE

     This Note  evidences  Loans  made by the Lender to the  Borrower  under the
within described Credit Agreement,  in the principal  amounts,  and on the dates
set forth below,  subject to the payments or  prepayments of principal set forth
below:


                   Principal      Principal
Date   Type of     Amount of     Amount Paid     Balance
Made    Loan         Loan        or Prepaid    Outstanding  Initials