<SEC-DOCUMENT>0000891092-11-002777.txt : 20110429
<SEC-HEADER>0000891092-11-002777.hdr.sgml : 20110429
<ACCEPTANCE-DATETIME>20110429152413
ACCESSION NUMBER:		0000891092-11-002777
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110101
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110429
DATE AS OF CHANGE:		20110429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALBANY INTERNATIONAL CORP /DE/
		CENTRAL INDEX KEY:			0000819793
		STANDARD INDUSTRIAL CLASSIFICATION:	BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221]
		IRS NUMBER:				140462060
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0218

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10026
		FILM NUMBER:		11794113

	BUSINESS ADDRESS:	
		STREET 1:		1373 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12204
		BUSINESS PHONE:		5184452200

	MAIL ADDRESS:	
		STREET 1:		1373 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALBINT INC
		DATE OF NAME CHANGE:	19870924
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e43340_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

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<P style="TEXT-ALIGN: center"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
<B>Washington, D.C. 20549</B><BR>
<BR>
<B>FORM 8-K</B><BR>
<BR>
<B>CURRENT REPORT</B><BR>
<B>Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</B></P>
<p style="TEXT-ALIGN: left" align="left">Date of Report (Date of earliest event reported): January 1, 2011<BR>



</p>
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      <div align="center"><b>ALBANY INTERNATIONAL CORP.</b></div>
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    <td colspan="2">
      <div align="center"><font face="Times New Roman, Times, serif">(Exact name of registrant as specified in its charter)</font></div>
    </td>
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    <TD align=center width="33%">&nbsp;</TD>
    <TD align=center width="33%">&nbsp;</TD>
    <TD align=center width="33%">&nbsp;</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="33%"><B>Delaware</B></TD>
    <TD align=center width="33%"><B>1-10026</B></TD>
    <TD align=center width="33%"><B>14-0462060</B></TD>
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    <TD align=center width="33%">(State or other jurisdiction</TD>
    <TD align=center width="33%">(Commission</TD>
    <TD align=center width="33%">(I.R.S. Employer</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=center width="33%">of incorporation)</TD>
    <TD align=center width="33%">File Number)</TD>
    <TD align=center width="33%">Identification No.)</TD>
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     <TD align=center width="69%"><B>216 Airport Drive, Rochester, New Hampshire</B></TD>
     <TD align=center width="30%"><B>03867</B></TD></TR>
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     <TD align=center width="69%">(Address of principal executive offices)</TD>
     <TD align=center width="30%">(Zip Code)</TD></TR></TABLE><BR>
<P style="TEXT-ALIGN: left">Registrant&#146;s telephone number, including area code (518) 445-2200</P>
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      <div align="center">None</div>
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      <hr noshade size="1" align="center">
    </td>
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      <div align="center">(Former name or former address, if changed since last report.)</div>
    </td>
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<P style="TEXT-ALIGN: left" align="left">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
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  <TR vAlign=bottom>
    <TD align=left width="3%"><font face="Wingdings">o</font></TD>


    <TD align=left width="100%">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD>
  </TR>

  <TR vAlign=bottom>
    <TD align=left width="3%"><font face="Wingdings">o</font></TD>


    <TD align=left width="100%">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
  </TR>

  <TR vAlign=bottom>
    <TD align=left width="3%"><font face="Wingdings">o</font></TD>


    <TD align=left width="100%">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
  </TR>

  <TR vAlign=bottom>
    <TD align=left width="3%"><font face="Wingdings">o</font></TD>


    <TD align=left width="100%">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))</TD>
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</TABLE>
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<P style="TEXT-ALIGN: left"><B>Item 2.02. Results of Operations and Financial Condition</B></P>
<P style="TEXT-ALIGN: left">Albany International Corp. (the &#147;Company) operates its business in the following five segments: Paper Machine Clothing, Albany Door Systems, Engineered Fabrics, Engineered Composites, and PrimaLoft&#174; Products. Effective January 1, 2011, the Company changed its business segment reporting by reclassifying its Fiber Preparation sales and expenses from its Engineered Fabrics segment to its Paper Machine Clothing segment. Additionally, the Company has modified previously reported segment operating income as detailed in Exhibit 99.1 to be consistent with the reclassification.</P>
<P style="TEXT-ALIGN: left"><B>Item 9.01. Financial Statements and Exhibits.</B></P>
<P style="TEXT-ALIGN: left">(d) Exhibits.</P>
<P style="TEXT-ALIGN: left">99.1 Schedules showing the effect on net sales and operating income of changes in reportable segments for quarterly periods of 2010, full year 2010, and full year 2009.</P>
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<P style="TEXT-ALIGN: center"><B>Signature</B></P>
<P style="TEXT-ALIGN: left">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
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    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left width="50%">ALBANY INTERNATIONAL CORP.</TD>
  </TR>



  <TR>
    <TD width="50%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
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    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left width="50%">By: /s/ John B. Cozzolino</TD>
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    <TD width="50%">&nbsp;</TD>
    <TD width="50%">
      <HR noshade SIZE=1>

</TD>
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    <TD width="50%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
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    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left width="50%">Name: John B. Cozzolino</TD>
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    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left width="50%">Title: Chief Financial Officer and Treasurer</TD>
  </TR>

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    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left width="50%">(Principal Financial Officer)</TD>
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</TABLE>
<BR>
<P style="TEXT-ALIGN: left">Date: April 29, 2011</P>
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<P style="text-align: center;"> <B>EXHIBIT INDEX</B></P>
<TABLE border=0 width=100% cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;">
<TR valign="bottom">
     <TD align=left width=11%> <B>Exhibit No.</B></TD>
     <TD align=left width=88%> <B>Description</B></TD> </TR>
<TR>
     <TD colspan=2>&nbsp; </TD> </TR>
<TR valign="bottom">
     <TD align=left width=11%> 99.1</TD>
     <TD align=left width=88%> Schedules showing the effect on net sales and operating income of changes in reportable segments for quarterly</TD> </TR>
<TR valign="bottom">
     <TD align=left width=11%>&nbsp; </TD>
     <TD align=left width=88%> periods of 2010, full year 2010, and full year 2009.</TD> </TR> </TABLE><BR>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>e43340ex99-1.htm
<DESCRIPTION>SCHEDULES
<TEXT>

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  <TR valign="bottom">

    <TD align=center colspan=10> <B>EXHIBIT 99.1</B></TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>






  <TR valign="bottom">

    <TD align=left rowspan="2"> Segment net sales reclassification   <br>
      quarter ended March 31, 2010</TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">As previously</div>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Effect of change in</div>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Segment totals based</div>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR valign="bottom">

    </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;144,408</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;2,329</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;146,737</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,755</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,755</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 21,441</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,329</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 19,112</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 8,641</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 8,641</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 5,628</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 5,628</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;213,873</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;213,873</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left rowspan="3"> Segment operating income <br>
      reclassification quarter ended <br>
      March 31, 2010</TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">As previously</div>
      <div align="center">reported</div>
    </TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">Effect of change in</div>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">Segment totals based</div>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR valign="bottom">

    </TR>

  <TR valign="bottom">

    </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;26,797</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;864</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;27,661</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,884</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,884</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,521</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (864</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 1,657</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,229</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,229</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,069</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,069</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (5,811</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (5,811</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (16,470</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (16,470</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;9,761</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;9,761</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>



  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>



  <TR valign="bottom">

    <TD align=left> Segment net sales reclassification </TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> quarter ended June 30, 2010</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;150,755</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;2,907</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;153,662</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,792</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,792</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 23,939</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,907</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 21,032</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 10,870</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 10,870</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 8,094</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 8,094</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;227,450</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;227,450</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>



  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>



  <TR valign="bottom">

    <TD align=left rowspan="2">Segment operating income   <br>
      reclassification  quarter ended <br>
      June 30, 2010</TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">As previously</div>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Effect of change in</div>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Segment totals based</div>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR valign="bottom">

    </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;37,544</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> $1,031</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;38,575</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,339</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,339</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 4,866</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (1,031</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,835</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (1,989</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (1,989</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,926</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,926</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (7,132</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (7,132</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (14,774</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (14,774</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;23,780</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;23,780</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>

</TABLE>
<BR>
<HR noshade align="center" width="100%" size="5">
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<div title="EE+ Page Break" style="FONT-SIZE: 1pt; PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px"></div>
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<BR>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" width=100% cellpadding="0">

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment net sales</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification quarter ended</TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">As previously <br>
      reported</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Effect of change in <br>
      reportable segments</div>
    </TD>
    <TD align=left colspan=3 rowspan="2">
      <div align="center">Segment totals based on <br>
      2011 classification</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> September 30, 2010</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;155,008</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;2,461</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;157,469</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 36,247</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 36,247</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 20,961</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,461</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 18,500</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 10,585</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 10,585</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 5,613</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 5,613</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;228,414</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;228,414</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left rowspan="3"> Segment operating income <br>
      reclassification quarter ended <br>
      September 30, 2010</TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">As previously <br>
      reported</div>
    </TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">Effect of change in <br>
      reportable segments</div>
    </TD>
    <TD align=right colspan="3" rowspan="3">
      <div align="center">Segment totals based on <br>
      2011 classification</div>
    </TD>
  </TR>

  <TR valign="bottom">

    </TR>

  <TR valign="bottom">

    </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;38,916</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;1,268</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;40,184</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,490</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,490</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,391</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (1,268</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 1,123</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,637</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,637</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 1,264</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 1,264</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,330</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,330</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (17,942</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (17,942</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;18,152</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;18,152</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left rowspan="3"> Segment net sales reclassification <br>
      quarter ended December 31, 2010</TD>
    <TD align=center colspan="3" rowspan="3">    As previously <br>
      reported</TD>
    <TD align=center colspan="3" rowspan="3">    Effect of change in <br>
      reportable segments</TD>
    <TD align=center colspan="3" rowspan="3">    Segment totals based on <br>
      2011 classification</TD>
  </TR>

  <TR valign="bottom">

    </TR>

  <TR valign="bottom">

    </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;163,339</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;2,348</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;165,687</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 44,793</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 44,793</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 21,169</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,348</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 18,821</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 11,771</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 11,771</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,547</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,547</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;244,619</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;244,619</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment operating income</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification quarter ended</TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> December 31, 2010</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;49,102</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;1,037</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;50,139</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 4,884</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 4,884</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,524</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (1,037</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 2,487</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,321</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (2,321</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 351</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 351</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,791</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,791</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (19,258</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (19,258</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;29,491</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;29,491</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=2>

</TD>
  </TR>

</TABLE>
<BR>
<HR noshade align="center" width="100%" size="5">
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<div title="EE+ Page Break" style="FONT-SIZE: 1pt; PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px"></div>
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<BR>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" width=100% cellpadding="0">

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment net sales</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification year ended</TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> December 31, 2010</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;613,510</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;10,045</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;623,555</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 148,587</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 148,587</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 87,510</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (10,045</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 77,465</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 41,867</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 41,867</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 22,882</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 22,882</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;914,356</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;914,356</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment operating income</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification year ended</TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> December 31, 2010</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;152,359</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;4,200</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;156,559</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 12,597</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 12,597</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 13,302</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (4,200</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 9,102</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (9,176</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (9,176</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 6,610</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 6,610</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (26,064</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (26,064</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (68,444</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (68,444</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;81,184</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;81,184</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment net sales</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification year ended</TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> December 31, 2009</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;598,590</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;11,308</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;609,898</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 133,423</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 133,423</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 86,216</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (11,308</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 74,908</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,824</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 33,824</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 18,992</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 18,992</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;871,045</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;871,045</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR>

    <TD colspan=10>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> USD 000's</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR>

    <TD>
      <HR noshade size=1>

</TD>
    <TD colspan=9>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Segment operating income</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> reclassification year ended</TD>
    <TD align=left colspan=3>
      <div align="center">As previously</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Effect of change in</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">Segment totals based</div>
    </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> December 31, 2009</TD>
    <TD align=left colspan=3>
      <div align="center">reported</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">reportable segments</div>
    </TD>
    <TD align=left colspan=3>
      <div align="center">on 2011 classification</div>
    </TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Paper Machine Clothing</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;37,530</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;5,094</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> &#36;42,624</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Albany Door Systems</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (259</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (259</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Fabrics</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 8,141</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (5,094</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,047</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Engineered Composites</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,653</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (6,653</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> PrimaLoft<sup>&#174;</sup> Products</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,689</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> 3,689</TD>
    <TD align=left>&nbsp; </TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Research expense</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (23,849</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (23,849</TD>
    <TD align=left>)</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Unallocated expenses</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (56,797</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (56,797</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <HR noshade size=1>

</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left> Total</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (&#36;38,198</TD>
    <TD align=left>)</TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> -</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=right>&nbsp; </TD>
    <TD align=right> (&#36;38,198</TD>
    <TD align=left>)</TD>
  </TR>

  <TR>

    <TD colspan=10>
      <hr noshade size=2>

</TD>
  </TR>

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