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Interface, Inc. Announces Closing of Public Offering

ATLANTA, Nov. 10 /PRNewswire-FirstCall/ -- Interface, Inc. (Nasdaq: IFSIA), a worldwide floorcoverings and fabrics company, today announced the closing of its public offering of 5,750,000 shares of Class A Common Stock. Prior to the closing of the offering of 5,000,000 shares of Class A Common Stock, the underwriters exercised their over-allotment option to purchase an additional 750,000 shares from the company. All 5,750,000 shares were purchased at the public offering price of $14.65 per share, less an underwriting discount of $0.8424 per share. After deducting the underwriting discount and estimated offering expenses, the company estimates that the net proceeds will be approximately $78.9 million.

Citigroup Global Markets Inc. is the sole book-runner for the offering and is joint lead manager with Raymond James & Associates, Inc. Stifel, Nicolaus & Company, Incorporated, SunTrust Capital Markets, Inc. and BB&T Capital Markets, a division of Scott & Stringfellow, Inc., are co-managers for the offering. A copy of the prospectus supplement relating to the offering may be obtained by contacting Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, New York 11220 (telephone: 718-765-6732).

About Interface, Inc.

Interface, Inc. is a recognized leader in the worldwide interiors industry, offering floorcoverings and fabrics. The company is committed to the goal of sustainability and doing business in ways that minimize the impact on the environment while enhancing shareholder value. The company is the world's largest manufacturer of modular carpet under the InterfaceFLOR(R), FLOR(TM), Heuga(R) and Bentley Prince Street(R) brands, and, through its Bentley Prince Street brand, enjoys a leading position in the high quality, designer-oriented segment of the broadloom carpet market. The company's InterfaceFabric business is a leading producer of interior fabrics and upholstery products, which it markets under the Guilford of Maine(R), Chatham(R) and Terratex(R) brands, and provides specialized automotive textile solutions.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Except for historical information contained herein, the other matters set forth in this news release are forward-looking statements. The forward- looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including risks and uncertainties associated with economic conditions in the commercial interiors industry as well as the risks and uncertainties discussed under the heading "Risk Factors" included in the company's prospectus supplement dated October 27, 2006, filed with the Securities and Exchange Commission, which discussion is incorporated herein by this reference. The company assumes no responsibility to update or revise any forward-looking statement made in this press release and cautions readers not to place undue reliance on any such forward-looking statements.

SOURCE Interface, Inc.

CONTACT:
Daniel T. Hendrix,
President and Chief Executive Officer,
or Patrick C. Lynch,
Vice President and Chief Financial Officer,
+1-770-437-6800,
both of Interface, Inc.;
Christine Mohrmann,
or Jim Olecki,
both of Financial Dynamics,
+1-212-850-5600,
both for Interface, Inc.
Web site: http://www.interfaceinc.com
(IFSIA)