Market Overview

Culp, Inc. to Change NYSE Ticker Symbol to "CULP"

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Culp, Inc. (NYSE:CFI), today announced the change of its NYSE ticker
symbol from "CFI" to "CULP", effective at the start of trading on
Thursday, July 13, 2017.

"We are pleased to align our new ticker symbol with our corporate name
to allow for consistent brand recognition among all of our
stakeholders," said Frank Saxon, president and chief executive officer
of Culp, Inc. "The Culp name is well recognized in the marketplace as a
trusted source of innovative fabrics and this change reinforces our
commitment to delivering value for both our customers and our
shareholders."

Culp, Inc. is one of the world's largest marketers of mattress fabrics
for bedding and upholstery fabrics for residential and commercial
furniture. The company markets a variety of fabrics to its global
customer base of leading bedding and furniture companies, including
fabrics produced at Culp's manufacturing facilities and fabrics sourced
through other suppliers. Culp has operations located in the United
States, Canada and China.

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