FOAMEX BOARD OF DIRECTORS ANNOUNCES MANAGEMENT CHANGES

           Industry Veteran Peter Johnson Joins As President,              Succeeding John Televantos;

CFO Thomas Chorman Assumes Additional Responsibilites
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LINWOOD, PA, December 6, 2001 – The Board of Directors of Foamex International Inc. (NASDAQ: FMXI), the leading manufacturer of flexible polyurethane and advanced polymer foam products, announced today that Peter W. Johnson has joined the company as President and Chief Operating Officer.  Thomas Chorman, Executive Vice President and Chief Financial Officer, has assumed additional responsibilities in the new position of Chief Administrative Officer.  John Televantos, formerly President and Chief Executive Officer, has resigned by mutual agreement with the Board.

 Foamex has implemented a new management structure in which Johnson will be responsible for all line functions and Chorman for all administrative and finance functions.   Reporting to Johnson are Foamex’s business units, research & development, marketing and sales, and product development.   Reporting to Chorman are strategy and finance, treasury, accounting, purchasing, distribution and logistics, and information technology. 

Johnson, 54, has spent over 30 years in increasingly senior management positions at ICI Group plc, a leading global chemicals group, and serves on the Board of Directors of ICI Americas Inc.  Most recently, he was President of Uniqema Americas, an ICI unit specializing in surfactants and oleochemical derivatives.  At Uniqema, Johnson was responsible for business strategy, merging business systems, creating a new organizational structure and overseeing P&L for a $450 million business in North and South America.  During his tenure at ICI, Johnson has been responsible for numerous acquisitions, building companies and improving underperforming businesses.  He received an M.B.A. from the University of Delaware and a B.S. in Chemical Engineering from Manhattan College. 

Chorman, 47, joined Foamex earlier this year as Executive Vice President and Chief Financial Officer.  Chorman has broad-range financial and management experience, including profitability-improvement initiatives, cash generation programs, the supply chain process, new business development, and acquisitions for international industrial and consumer products companies.  Chorman previously served as Chief Financial Officer of Ansell Healthcare, Inc., a unit of Pacific Dunlop, a global manufacturer of medical and industry products, where he spearheaded significant profitability-improvement and cash-generation projects.  From 1997 to 2000, he was Vice President, Finance and Chief Financial Officer of Armstrong’s Worldwide Floor Product Operations, where he initiated and directed two major acquisitions.  Earlier in his career, he spent 13 years at Procter & Gamble, in financial management positions of increasing responsibility. Chorman was recently awarded the International Franz Edelman Award for his work in operations research management science, and his work in new product portfolio and supply chain management are now part of the curriculum at top graduate schools.  Chorman holds an MBA from Rutgers Graduate School of Management and an undergraduate degree in economics from City University of New York.

 About Foamex International Inc.

Foamex, headquartered in Linwood, Pennsylvania, 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. Revenues for 2000 were $1.3 billion. For more information visit the Foamex web site at http://www.foamex.com.