Biscayne: News Release FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: Peter Vandenberg, Jr. President and Chief Operating Officer (973) 473-3240 BISCAYNE APPAREL ANNOUNCES STOCK TO BE REMOVED FROM THE AMERICAN STOCK EXCHANGE CLIFTON, NJ - (November 24, 1998) Biscayne Apparel, Inc. (ASE: BHA) today announced that it is consenting to the removal of its Common Stock from the American Stock Exchange (AMEX). This action became necessary because the Company no longer fully satisfies all the guidelines of the AMEX for continued listing. As previously announced, Biscayne is in the process of selling some or all of its assets and the net proceeds will likely be used to repay obligations. The AMEX had advised that the last day for trading in the Company's Common Stock will be Friday, November 27, 1998. The Company believes that a market for its stock may develop over the counter following the Amex trading halt. ### End