IPO Company Profile
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Gildan Activewear, Inc.
Canada

The company manufactures and markets branded activewear apparel.

Primary Underwriting Group
ManagerTierPhone
Bear, Stearns & Co. Inc.Lead Manager (212) 272-4850
CIBC Oppenheimer & CompanyCo-manager (212) 667-7400
Nesbitt Thompson SecuritiesCo-manager (416) 586-3600
Robinson-Humphrey Company, Inc., TheCo-manager (404) 266-6450

Offering Information
NYSE:GIL Manufacturing: SIC 2389
Type of Shares:Class A Sub Voting Shares Filing Date:5/15/98
U.S. Shares:3,000,000 Offer Date:6/16/98
Non-U.S. Shares:0 Filing Range:$12.00 - $14.00
Primary Shares:3,000,000 Offer Price:$7.00
Secondary Shares:0 Gross Spread:$0.49
Offering Amount: $39,000,000 Selling:$0.28
Expenses: - Reallowance:$0.10
Post-IPO Shares:10,800,000

Use of Proceeds
The proceeds from the proposed offering will be used to repay debt and repurchase shareholder held exiting stock options.

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