FOAMEX ANNOUNCES REVERSE STOCK SPLIT LINWOOD, PA, March 8, 2007 – Foamex International Inc. (OTCBB: FMXI) announced that after authorization by its Board of Directors, holders of a majority of the Company’s common stock have consented to amendments to Foamex’s Charter to permit the Company to effect a reverse stock split of its common stock at a split ratio of one-for-four. The reverse stock split will affect all shares of common stock. Raymond E. Mabus, Chairman and Chief Executive Officer of Foamex, said, “We believe this action will create more liquidity, increase awareness of Foamex’s shares among potential investors, and enhance the Company’s value for all stockholders. Foamex’s Board of Directors also approved and holders of a majority of the outstanding common stock consented to an amendment to the Company's Charter to eliminate the restrictions on the trading of its common stock currently included in the Charter. Foamex previously reported on a Form 8-K that, as permitted by the Charter, its Board had caused these restrictions to expire on February 12, 2007. Foamex’s Board of Directors also approved and holders of a majority of the outstanding common stock consented to an amendment to the Company's Charter to eliminate the restrictions on the trading of its common stock currently included in the Charter. Foamex previously reported on a Form 8-K that, as permitted by the Charter, its Board had caused these restrictions to expire on February 12, 2007. Once the stock split is implemented, Foamex’s common stock will continue to trade on the OTC Bulletin Board on a split-adjusted basis, under the current stock symbol FMXI. No fractional shares will be issued in connection with the reverse stock split. Fractional shares will be aggregated and sold by the Company's exchange agent and the resulting cash will be paid in lieu of the fractional shares. The reverse split, which will become effective 20 days after the mailing of the information statement, is expected to take place in the second quarter of 2007. The Company intends to file an Information Statement with the Securities and Exchange Commission describing the proposed reverse stock split and amendment regarding the removal of trading restrictions in greater detail and mail the Information Statement to stockholders of record as of March 6, 2007 as soon as practicable. Once the stock split is implemented, Foamex’s common stock will continue to trade on the OTC Bulletin Board on a split-adjusted basis, under the current stock symbol FMXI. No fractional shares will be issued in connection with the reverse stock split. Fractional shares will be aggregated and sold by the Company's exchange agent and the resulting cash will be paid in lieu of the fractional shares. The reverse split, which will become effective 20 days after the mailing of the information statement, is expected to take place in the second quarter of 2007. About Foamex International Inc.  Foamex, headquartered in Linwood, PA, is the world's leading producer of polyurethane foam-based solutions and specialty comfort products. The Company services the bedding, furniture, carpet cushion and automotive markets and also manufactures high-performance polymers for diverse applications in the industrial, aerospace, defense, electronics and computer industries. For more information visit the Foamex web site at http://www.foamex.com. Forward-Looking Statements This press release contains, and oral statements made from time to time by representatives of the Company may contain, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, future operating results, operating efficiencies, future market prices and margins, future energy costs, future government and legislative action, future cost savings, future benefit costs, the Company's liquidity and ability to finance its operations, and other statements that are not historical facts that involve certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Additional information that could cause actual results to vary materially from the results anticipated may be found in the Company's most recent Form 10-K and other reports filed with the Securities and Exchange Commission. Readers should be aware that any forward-looking statement made in this press release or elsewhere by the Company speaks only as of the date on which it is made, and the Company disclaims any obligation or intent to update any of the factors listed above or forward-looking statements. #        #        #