The Law Office of Jonathan M. Stein, P.L. is investigating the Board of Directors of Polymer Group, Inc. ("Polymer" or the "Company") (OTCBB: POLGA.OB) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to Blackstone Capital Partners V L.P. Under the terms of the proposed transaction, Polymer shareholders are to receive $18.16 in cash, less a certain amount that will be set aside for tax liabilities and other costs, for a net amount to each shareholder of approximately $15.25 per share.

The investigation involves whether the Board of Directors of Polymer breached their fiduciary duties to Polymer stockholders by failing to adequately shop the Company before agreeing to enter into the transaction and whether Polymer has disclosed all material information to shareholders about the proposed transaction. Specifically, Polymer stock recently traded well above the offer price at $25.00 per share.

If you own stock in Polymer and wish to obtain additional information about your rights, or if you have information regarding the above investigation, please contact Jonathan M. Stein, Esq. either via email at jstein@jonathansteinlaw.com or by telephone at (561) 961-2244.

The Law Office of Jonathan M. Stein, P.L. represents shareholders and consumers in complex litigation, including class action and derivative litigation. More information about the firm is available through its website, www.jonathansteinlaw.com, and upon request from the firm. Jonathan M. Stein is the attorney responsible for the content of this release.

Jonathan M. Stein, Esq.
Law Office of Jonathan M. Stein, P.L.
120 E. Palmetto Park Rd., Suite 420
Boca Raton, FL 33432
(561) 961-2244

jstein@jonathansteinlaw.com

www.jonathansteinlaw.com

Law Office of Jonathan M. Stein, P.L.
Jonathan M. Stein, Esq., 561-961-2244