Biscayne: News Release FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: A. Richard Hurwitz Vice President, Corporate Communications Biscayne Apparel, Inc. (305) 858-2200 or Della Olscher Director of Marketing Lola, Inc. (212) 398-1490 BISCAYNE APPAREL SIGNS LICENSING AGREEMENT TO MANUFACTURE A LINE OF XOXO OUTERWEAR CLIFTON, NJ - (September 4, 1997) Biscayne Apparel, Inc. (ASE:BHA) today announced that it has signed a licensing agreement with XOXO to manufacture a line of junior/ women's outerwear. The XOXO outerwear line will focus on the upscale contemporary junior customer for distribution through major department and better specialty stores. The new line will express a hip, modern attitude for which the XOXO brand is well-known, and is current with the trend and direction of today's fashion,. Initial shipments are slated for delivery in Fall 1998. Gregg Fiene, President and CEO of privately-owned Lola, Inc., the parent company of XOXO, stated, " We are looking forward to a successful partnership with Biscayne Apparel. Outerwear will be an important addition to our growing licensed product family." XOXO, located in City of Commerce, CA, is a leading manufacturer of junior and contemporary sportswear. XOXO has recently initiated a program of licensing its brand name, and has signed 14 licensing agreements over the past year including: swimwear, childrenswear, footwear, leather and suede apparel, belts and kid's accessories, watches, denim and sport legwear, silver jewelry, innerwear, sunglasses, and timepieces. Earl Powell, Biscayne's Chairman, President, and Chief Executive Officer commented, "We are very pleased to expand our licensing partnerships with a long-term association with XOXO, a pacesetter in the junior apparel markets. The addition of XOXO to our family of licenses enhances the range of our junior/ women's outerwear offerings with a well-known and rapidly growing brand name." Biscayne Apparel, Inc. is a designer, manufacturer, and importer of diversified apparel products and has the following operations: Andy Johns Fashions International - women's, junior's, and children's outerwear; M&L International - infant's, toddler's, and children's outerwear, sportswear, and swimwear; Mackintosh of New England - women's woolen coats and outerwear; and Varon - girl's and boy's underwear and girl's daywear. Additional information on Biscayne Apparel, Inc. is available on the Internet World Wide Web at this address: http://www.cfonews.com/bha; or interested parties may dial direct by modem to (718) 279-3590; or may send E-mail to cfo@panix.com, with the subject bha. Ends.