The Hallwood Group Incorporated (HWG)

[Penny Roger$]

The Hallwood Group Incorporated (Hallwood) operates as a holding company operating in the textile products industry. Textile products operations are conducted through the Company’s wholly owned subsidiary, Brookwood Companies Incorporated (Brookwood). Brookwood is an integrated textile firm that develops and produces fabrics and related products through specialized finishing, treating and coating processes. Brookwood principally operates as a converter, finisher and laminator in the textile industry, which processes fabrics at its plants, located in Rhode Island and Connecticut, or by contracting with independent finishers. Brookwood is a coater of woven nylons in the United States. On March 1, 2009, Hallwood Energy, L.P. (Hallwood Energy), Hallwood Energy Management, LLC (the general partner of Hallwood Energy, HEM) and Hallwood Energy’s subsidiaries, filed petitions for relief under Chapter 11 of the United States Bankruptcy Code.

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