Sale of Ontera Modular Carpets completed

Further to the announcement on 27 August 2015, Cavalier Corporation advises that the transaction to sell the Ontera business to Milliken has now been completed.

Paul Alston

Chief Executive Officer

For and on behalf of the Board of Directors

2 September 2015

For more information regarding this announcement, please contact Paul Alston on 021 918 033 or 09 277 1135.