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Press Release

Hollingsworth & Vose Price Increase Announcement

East Walpole, MA June 15, 2006: Citing continued escalation in raw material and energy costs, Hollingsworth & Vose announces a general price increase effective with orders received after July 14, 2006. The price increase is expected to cover all areas of H&V’s business and will vary depending on the impact of energy and raw material costs in each of its business segments. Each business unit of the company will notify its customers of the specifics in the next few days.

About H&V

Established in 1843, Hollingsworth and Vose Company is a global leader in the supply of technically advanced engine, high efficiency and liquid filtration media, battery separator materials and industrial nonwovens. H&V drives value in customers' products by inventing next-generation materials with superior performance. H&V's expertise and process capabilities include wet-laid, dry-laid, meltblown and composite technologies. The company operates manufacturing sites and research centers the Americas, Europe and Asia, and will complete construction of a greenfield site in China in 2006.