April 28, 2003

Financial

Gildan Activewear Will Hold Its Second Quarter Conference Call

MONTREAL, April 28 /PRNewswire-FirstCall/ - Gildan Activewear Inc. (NYSE: GIL; TSX: GIL.A) will report its fiscal 2003 second quarter results on Thursday, May 8, 2003. A press release will be published before market open and a conference call is scheduled the same day at 10:00 AM, eastern time.

To listen to the conference call, you may access by phone by dialling 1- 800-967-7134 or by live webcast at www.gildan.com.

If you are unable to participate, a replay of the conference call will be available by dialling 1-888- 203-1112 and entering passcode 495791, until May 15. Concurrently, the conference call will be available on the Investor Relations section of Gildan's website, for 30 days. Gildan Activewear is a vertically-integrated manufacturer and marketer of premium quality branded basic activewear for sale principally in the wholesale imprinted activewear segment of the Canadian, U.S., European and other international apparel markets. The Company manufactures and sells premium quality 100% cotton and 50% cotton/50% polyester T-shirts, placket collar sport shirts and fleece in a variety of weights, sizes, colours and styles. The company sells its products as blanks, which are ultimately decorated with designs and logos for sale to consumers.

Investor inquiries :

Sophie Argiriou

Vice president, Investor Communications

(514) 343-8815

Media inquiries :

Geneviève Gosselin

Director, Global Communications and Corporate Marketing

(514) 343-8814