July 15, 2003


Gildan Activewear Schedules Its Third Quarter Conference Call For 10:00 AM On August 7, 2003

MONTREAL, July 15 /PRNewswire-FirstCall/ - Gildan Activewear Inc. (NYSE: GIL; TSX: GIL.A) will report its fiscal 2003 third quarter results on Thursday, August 7, 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 1-800-967-7184 or by live webcast at www.gildan.com.

If you are unable to participate in the conference call, a replay of the conference call will be available by dialing 1-888-203-1112 and entering passcode 354935, until August 14. 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, United States and European 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 :

Jessy Hayem, CFA

Vice-President, Head of Investor Relations

(514) 744-8511

Media inquiries :

Geneviève Gosselin

Director, Global Communications and Corporate Marketing

(514) 343-8814