Tefron Ltd. Announces Scheduling of Public Auction in Connection with Underwritten Public Offering in Israel

Business Wire, Jan 8, 2006

MISGAV, Israel -- Tefron Ltd. (NYSE:TFR) (TASE:TEFRON), one of the world's leading producers of seamless intimate apparel and active wear, announced today that, in furtherance of its previous announcement on January 5, 2006, Tefron has rescheduled the public auction in Israel relating to Tefron's contemplated underwritten offering to the public in Israel to Tuesday, January 10, 2006. There is no guarantee that the contemplated offering will be completed.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Tefron manufactures boutique-quality everyday seamless intimate apparel, active wear and swim wear sold throughout the world by such name-brand marketers as Victoria's Secret, Nike, The Gap, Banana Republic, Target, Warnaco/Calvin Klein, Patagonia, Reebok and El Corte Englese, as well as other well known retailers and designer labels. The company's product line includes knitted briefs, bras, tank tops, boxers, leggings, crop, T-shirts, nightwear, bodysuits, swim wear, beach wear and active-wear. The Company's Healthcare Division manufactures and sells a range of textile healthcare products.

This press release contains certain forward-looking statements with respect to the Company's business, financial condition and results of operations. These forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements, including, but not limited to, fluctuations in product demand, economic conditions as well as certain other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated.