To all Warnaco Employees,

We are excited to offer you significant new and improved employee benefit programs for 2005. These changes reflect Warnaco’s continued commitment to provide comprehensive flexible benefits that meet the changing needs of our employees and their families.

We believe that quality healthcare and wellness options, along with diversified retirement planning, are key elements of our benefits program. Among the improvements available to you in 2005 are:

• a new profit sharing program
• a new flexible healthcare program
• lower employee medical premiums
• a new employee assistance program
• a new vision program
• domestic partner benefits
• enhancements to our disability, dental, and life programs

On behalf of the Warnaco leadership team, thank you for your continued hard work and dedication, and we look forward to our continuing success in 2005.

Sincerely,

Joe Gromek