CALHOUN, Georgia, August 5, 2010 - Mohawk Industries, Inc. (NYSE: MHK) today announced 2010 second quarter net earnings of US$68 million and diluted earnings per share (EPS) of US$0.99 which included non-recurring tax benefits, charges for redemption premiums on bonds and restructuring activities. Excluding these unusual items, net earnings and EPS would have been US$53 million and US$0.77 per share. In the second quarter of 2009, the net earnings were US$46 million and EPS was US$0.67. Excluding the 2009 unusual items, net earnings and EPS would have been US$54 million and US$0.79 per share. Net sales for the second quarter of 2010 were US$1.4 billion which was flat versus 2009 net sales. Our operating margin has improved to 6.4% (6.8% adjusted) and is the highest we have achieved in two years. We have a strong financial position with free cash flow of US$111 million in the quarter, cash of US$343 million and an improving net debt to EBITDA ratio of 2.1.

NEW YORK - The International Forest Products Transport Association (IFPTA) and RISI announced today a number of initiatives to help reduce the cost of attending the upcoming PPI Transport Symposium 18. The event will be held in Liverpool, England, from 6-9 October 2009.

WASHINGTON - Fannie Mae's (NYSE: FNM) June 2009 Monthly Summary is now available at www.fanniemae.com/ir/monthly. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

CAMBRIDGE, Massachusetts - With the voice market shrinking, telecom operators face an opportunity to expand data services in Puerto Rico, as data revenue is expected to more than double by 2014 despite the deep economic contraction, according to the latest report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com).

LONDON - The House of Lords has delivered judgment in Moore Stephens' application to strike out the legal action brought against them by former client Stone & Rolls Limited (in liquidation).