FOAMEX NAMES RAUL VALDES-FAULI TO BOARD OF DIRECTORS LINWOOD, PA, October 19, 2003 – Foamex International Inc. (NASDAQ: FMXI), the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, announced today that Raul Valdes-Fauli has been named to the Foamex Board of Directors.  Marshall S. Cogan, chairman and founder of Foamex, said, “We are very pleased to have Raul join our Board of Directors. His extensive international and corporate law experience will be very beneficial to Foamex as we continue to develop and broaden our international operations.” Raul Valdes-Fauli said, “I am pleased to be joining the Foamex Board and I look forward to assisting the company in the expansion of its global operations.” Raul Valdes-Fauli, 60, is a partner at Steel Hector & Davis LLP, where he specializes in international and corporate law. From 1979 to 2000, Mr. Valdes-Fauli was with Gunster Yoakley Valdes-Fauli & Stewart, formerly Valdes-Fauli Bischoff Friss & Mandler prior to its merger with Gunster Yoakley & Stewart in 1994. Prior to that, Mr. Valdes-Fauli was a senior tax attorney with Creole Petroleum Corporation in Caracas, Venezuela and he started his career as a tax counsel with Standard Oil.  Mr. Valdes-Fauli received his bachelor's degree from Tulane University, where he graduated with honors, and his J.D. from Harvard University.  Mr. Valdes-Fauli has held numerous public service positions in Coral Gables, Florida. He was Mayor from 1993 to 2001,City Commissioner from 1985 to 1989 and Vice Mayor from 1987 to 1988. Mr. Valdes-Fauli is a member of the New York State Bar Association and Florida Bar Association. He chaired the Florida Bar Association from 1979 to 1981 and is currently a member of its international law committee. In addition, Mr. Valdes-Fauli is an honorary consul of the Republic of El Salvador, the founder and President of the Spain-U.S. Chamber of Commerce in Miami and the founder of the Venezuelan-American Association of the U.S.  About Foamex International Inc. Foamex, headquartered in Linwood, PA, is the world's leading producer of comfort cushioning for bedding, furniture, carpet cushion and automotive markets.  The Company also manufactures high-performance polymers for diverse applications in the industrial, aerospace, defense, electronics and computer industries as well as filtration and acoustical applications for the home. 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, those relating to completion of the operational restructuring as currently contemplated and the currently anticipated benefits of the restructuring, including those relating to the work force reductions, cost savings and restructuring charges from Project Transformation, the expected benefits of expanding the use of VPF technology, the Company's ability to introduce new products, enhance sales growth and margins and the outlook for the Company's financial performance. These forward-looking statements are affected by risks, uncertainties and assumptions that the Company makes about, among other things, its ability to implement customer selling price increases in response to higher raw material costs, raw material price increases, general economic conditions, conditions in the capital markets, the interest rate environment, the level of automotive production, carpet production, furniture and bedding production and housing starts, the completion of various restructuring/consolidation plans, the achievement of management’s business plans, its capital and debt structure (including various financial covenants), litigation and changes in environmental legislation and environmental conditions and other factors mentioned in the documents filed by the Company with the Securities and Exchange Commission.  While the Company believes that its assumptions regarding the foregoing matters are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that the Company's forward-looking statements will prove to be accurate. 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. #        #        #