Tarrant Apparel Group

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Materials in this Site may contain, or contain links to, information that includes or is based upon forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.

Under the safe harbor provisions of that Act, Tarrant Apparel Group cautions investors that any forward-looking statements of projections made by Tarrant Apparel Group, including, but not limited to, any made in this Site or any document linked to this Site, are subject to risks and uncertainties that may cause actual results to differ materially from those projected.

Statements that are not historical facts, including, but not limited to, statements about Tarrant Apparel Group's and management's beliefs and expectations, are forward-looking statements. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "are comfortable with", and variations of these words and similar expansions are intended to identify forward-looking statements. These statements are based on current plans, estimates and projections, and therefore investors should not place undue reliance on them. Forward-looking statements speak only as of the date they are made. Tarrant Apparel Group undertakes no obligation to correct or update publicly any of them in light of new information, future events or otherwise.

Forward-looking statements involve inherent risks and uncertainties. Tarrant Apparel Group cautions investors that a number of important factors could cause actual results to differ materially from those anticipated in any forward-looking statement. These factors include, among others: a softening of retailer or consumer acceptance of Tarrant Apparel Group's products, pricing pressures and other competitive factors, or the unanticipated loss of a major customer. These and other risks are more fully described in Tarrant Apparel Group's filings with the Securities and Exchange Commission.