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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________)*
Paragon Trade Brands, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
69912K107
------------------------------------------------------
(CUSIP Number)
Robin E. Winslow
440 S. LaSalle St.--Suite 1208
Chicago, Illinois 60605
(312) 663-7109
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 27, 1999
------------------------------------------------------
(Date of Event which Requires Filing of this
Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
1
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------- -------------------------
CUSIP NO. 69912K107 PAGE 2
- ---------------------------- -------------------------
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robin E. Winslow Social Security ####-##-####
- --------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY 37,342
EACH -------------------------------------------------------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 548,350
-------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
37,342
-------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
548,350
- --------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
585,692
- --------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
- --------------------------------------------------------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
2
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------- -------------------------
CUSIP NO. 69912K107 PAGE 3
- ---------------------------- -------------------------
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Frank E. Williams, Jr. Social Security # ###-##-####
- --------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 26,000
OWNED BY --------------------------------------------------------------------------------------------------
EACH
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 0
--------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
26,000
--------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
26,000
- --------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2 %
- --------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
3
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------- -------------------------
CUSIP NO. 69912K107 PAGE 4
- ---------------------------- -------------------------
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Matthew S. Metcalfe Social Security # ###-##-####
- --------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF 10,000 shares; AF 15,000 shares
- --------------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 25,000
OWNED BY --------------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
25,000
--------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000
- --------------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2 %
- --------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
4
<PAGE>
AS TO ALL REPORTING PERSONS:
Item 1. Security and Issuer
This statement relates to shares of common stock, par value
$.01 per share, (the "Shares") of Paragon Trade Brands, Inc., a Delaware
corporation (the "Issuer"). The percentages of Common Stock owned by each of the
reporting persons and of all of them collectively have been calculated by
dividing the number of common shares held by each, by the number of shares of
Common Stock issued and outstanding, as shown on the Issuer's most recent Form
10-Q (for the thirteen week period ended June 27, 1999), i.e. 11,949,714.
The principal executive offices of the Issuer are located at
180 Technology Parkway, Norcross, Georgia 30092.
The aggregate number of shares beneficially owned by the
members of the group identified in this filing is 636,692 or 5.3% of the
Issuer's outstanding common stock, calculated as described above.
The response to this Item 1 is applicable to and incorporated
by reference into the response of each reporting person set forth below.
Item 4. Purpose of Transaction
The reporting persons have decided to call themselves the
"Committee to Enhance the Value of Paragon"(the "Committee") and the Committee's
name describes its purpose. The Committee seeks to remove the present Board of
Directors and to replace that Board with nominees of its own, that is the
respective members of the Committee, Robin E. Winslow, Frank E. Williams, Jr.
and Matthew Metcalfe. The Committee plans to solicit proxies to further that
end. Once the incumbent Board of Directors has been replaced by the Committee's
nominees, the Committee intends immediately to invite up to three persons to be
chosen by the Official Creditors Committee of Paragon from its members (other
than representatives of Weyerhaeuser, Procter & Gamble or Kimberly-Clark) to
join the Board of Paragon. The Committee proposes to take whatever actions are
necessary and appropriate to increase the Board and then to appoint such
representatives to the Board. The specifics of the Committee's intentions as to
the redirection of Paragon's business activities and its position vis-a-vis a
Plan of Reorganization will be included in proxy solicitation materials to be
furnished to the shareholders in conformance with Federal Securities Laws.
The members of the Committee do not plan to acquire additional
securities or to dispose of securities presently owned.
The response to this Item 4 is applicable to and incorporated
by reference into the response of each reporting person set forth below.
5
<PAGE>
Item 5 (c) Transactions in Securities in the Past 60 days
On September 22, 1999, Robin E. Winslow and his wife Alison L.
Winslow caused the transfer of 25,000 shares, held by them together as joint
tenants, to Robin E. Winslow individually. Except for that transaction, no
person described in Item 5(a) of the Schedules below had any transaction in the
Issuer's securities in the past 60 days.
INFORMATION ABOUT EACH REPORTING PERSON FOLLOWS:
AS TO ROBIN E. WINSLOW:
Item 2. Identity and Background
(a) Robin E. Winslow
(b) His address is c/o Dempsey & Company, 440 S. LaSalle Street,
Suite 1208, Chicago, Illinois 60605.
(c) His principal occupation is that of a Securities Trader
employed by Dempsey & Company. The principal business of
Dempsey & Company is as a broker-dealer and a member of the
Chicago Stock Exchange.
(d) During the last five years, he has not been convicted in a
criminal proceeding (excluding traffic violations and similar
misdemeanors).
(e) During the last five years he has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which proceeding he was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to federal or state securities laws or finding any violation
with respect to such laws.
(f) He is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
The shares were purchased from private funds of the Winslow family and
from funds set aside for Mr. Winslow's pension or IRA, and see Exhibit A.
Item 5. Interest in Securities of the Issuer.
Mr. Winslow and his wife, Alison L. Winslow, as joint
tenants, own 422,050 shares of common stock. Mr. Winslow is the sole owner of
25,000 shares of common stock. Mr. Winslow is the beneficial owner of 12,278
shares of common stock held in a simplified employee pension
6
<PAGE>
plan ("SEPP") and of 64 shares in an IRA. Dempsey & Company owns 126,300 shares
of common stock, over which Mr. Winslow has powers of voting and of disposition
but is not otherwise the beneficial owner.
7
<PAGE>
AS TO MATTHEW S. METCALFE:
Item 2. Identity and Background
(a) Matthew S. Metcalfe
(b) His address is c/o Airland Corporation, 63 South Royal Street,
Suite 200, Mobile, Alabama 36602 (or P.O. Box 2903, Mobile,
Alabama 36652).
(c) His principal occupation is that of Chairman and President of
Airland Corporation, whose principal business is consulting.
(d) During the last five years, he has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years he has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which proceeding he was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to federal or state securities laws or finding any violation
with respect to such laws.
(f) He is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Metcalfe purchased his shares from his private funds.
Airland Corporation purchased its shares from its funds. Mr. Metcalfe is the
100% owner of Airlands Corporation.
<TABLE>
<CAPTION>
NUMBER AND PRICE OF
NAME OF SHAREHOLDER DATE SHARES ACQUIRED
- --------------------------- --------- ------------------------
<S> <C> <C>
Matthew S. Metcalfe May 20, 1999 10,000 shares at $3.0625
Airland Corporation November 25, 1998 5,000 shares at $2.8687
Airland Corporation May 17, 1999 10,000 shares at $2.1875
</TABLE>
Item 5. Interest in Securities of the Issuer.
Mr. Metcalfe owns directly 10,000 shares of common stock and
15,000 shares of common stock through Airland Corporation. Airland Corporation
is 100% owned by Mr. Metcalfe, and he has the power to vote and dispose of the
shares held by Airland Corporation.
8
<PAGE>
AS TO FRANK E. WILLIAMS, JR.:
Item 2. Identity and Background
(a) Frank E. Williams, Jr.
(b) His address is 2789 Hartland Road, Falls Church, Virginia
22043.
(c) His principal occupation is Chairman of the Board of Williams
Enterprises of Georgia. The principal business of that company
is steel fabrication and construction, and its address is 1285
Hawthorne Ave., P.O. Box 756, Smyrna, GA 30081.
(d) During the last five years, he has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years he has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction as a result of which proceeding he was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to federal or state securities laws or finding any violation
with respect to such laws.
(f) He is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Williams purchased the shares for his father from his
father's funds pursuant to a durable power of attorney.
ACCOUNT OF EVERETT F. WILLIAMS (FATHER OF FRANK E. WILLIAMS, JR.)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DATE PURCHASED NUMBER AND PRICE OF SHARES TOTAL
- -------------- -------------------------- ------
<S> <C> <C>
June 15, 1999 10,000 at $1.75 $18,206
June 23, 1999 10,000 at $1.1875 $12,356
June 15, 1999 6,000 at $0.9375 $5,856
</TABLE>
Item 5. Interests in Securities of the Issuer.
Mr. Williams' father, Everett F. Williams, owns 26,000 shares
of common stock. Mr. Williams, Jr. has the power to vote and dispose of the
shares which are owned by his father.
9
<PAGE>
AS TO ALL MEMBERS OF THE GROUP INCLUDED IN THIS FILING:
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
Messrs. Robin E. Winslow, Frank E. Williams, Jr. and Matthew
S. Metcalfe (the "Group") constitute a Sub-Committee of the Official Committee
of Equity Holders of Paragon. They have agreed that they will act together to
seek to remove the incumbent management of the Issuer, Paragon, at its next
annual meeting of shareholders scheduled to be held November 29, 1999; that at
that meeting Mr. Winslow will make a motion to remove the incumbent Board of
Directors (the "Motion") and he will nominate Messrs. Williams and Metcalfe and
himself as directors; that the Group will cast their votes in favor of the
Motion and for these nominees; and that they will solicit the votes of others to
support the Motion and the nominations referred to. If elected, the present
members of the Group, as directors of Paragon, propose immediately to offer to
take the necessary steps to expand the size of the Board in order to offer
directorships in Paragon to up to three members of the Official Creditors
Committee of Paragon (not inclusive of representatives of Weyerhaeuser, Proctor
& Gamble or Kimberly-Clark on the Creditors Committee). Beyond that, the only
arrangements or understandings concerning Paragon or its securities are that
each member of the Group is pledged to act so as to enhance the value of Paragon
and otherwise to act in furtherance of the best interests of Paragon
consistently with their fiduciary duties.
Each of Messrs. Winslow, Williams and Metcalfe are also
members of the full Official Committee of Equity Holders of Paragon (the "Equity
Committee"). The other members of the Equity Committee have been informed of the
foregoing arrangements and understandings, but, while they approve of the
Sub-Committee's (the Group's) goals, they do not intend to be participants in
the solicitation of proxies. Their names are Leon Frenkel (whose address is care
of OTA Limited Partnership, 401 City Avenue, Suite 526, Bala Cynwyd,
Pennsylvania 19004), Jerome Simon (whose address is care of Lonestar Partners,
L.P., 735 Montgomery Street, Suite 400, San Francisco, California 94111) and
Youssef Tishbi (whose address is 30981 Sunderland Drive, Farmington Hills,
Michigan 48331). The Equity Committee as a whole has the duty to represent all
of the equity holders of the Corporation and to take whatever steps it deems
appropriate in the interests of those holders consistent with the rights of the
Corporation's creditors.
There are no other arrangements or understandings concerning
the Corporation or its securities with the aforementioned persons or with any
other person, firm or corporation.
Item 7. Material to be filed as Exhibits.
See Exhibit A and B
10
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: October 4, 1999
/s/ Robin E. Winslow
-------------------------------
Robin E. Winslow
Date: October 4, 1999
/s/ Frank E. Williams, Jr.
-----------------------------------
Frank E. Williams, Jr.
Date: October 4, 1999
/s/ Matthew S. Metcalfe
------------------------------------
Matthew S. Metcalfe
11
<PAGE>
EXHIBIT A
PARAGON TRADE BRANDS, INC.: JT/TN ACCOUNT OF ROBIN E. AND ALISON L.
WINSLOW
<TABLE>
<CAPTION>
PURCHASES
---------
<S> <C> <C> <C>
5,000 Paragon 1/7/98 $ 25,019.75
" " 1/15/98 25,119.75
" " 1/15/98 25,312.50
" " 1/16/98 23,769.75
" " 1/20/98 22,500.00
" " 1/20/98 22,500.00
" " 1/20/98 22,717.25
" " 1/20/98 23,125.00
" " 1/21/98 21,269.75
" " 1/21/98 21,562.50
" " 2/11/98 23,437.50
" " 2/11/98 23,750.00
" " 2/11/98 24,855.58
" " 2/12/98 22,519.75
" " 2/20/98 22,822.82
" " 3/5/98 25,119.75
" " 3/5/98 25,312.50
" " 3/9/98 25,019.75
" " 3/24/98 27,519.75
100 " 4/1/98 539.75
300 " 4/2/98 1,589.75
</TABLE>
12
<PAGE>
<TABLE>
<S> <C> <C> <C>
1,000 " 4/3/98 5,264.75
1,700 " 4/6/98 8,287.50
4,700 " 4/6/98 23,340.00
5,000 " 4/6/98 25,625.00
2,200 " 4/7/98 11,059.82
3,300 " 4/7/98 16,087.50
5,000 " 4/7/98 23,750.00
6,700 " 4/7/98 32,243.75
5,000 " 4/8/98 24,082.25
1,500 " 4/9/98 7,117.89
5,000 " 4/9/98 23,750.00
1,000 " 4/13/98 4,715.45
800 " 4/15/98 3,777.95
1,700 " 4/16/98 7,968.75
5,000 " 4/16/98 22,500.00
5,000 " 4/16/98 22,637.94
4,800 " 4/17/98 21,000.00
5,000 " 4/17/98 22,617.75
200 " 4/20/98 882.25
5,000 " 4/23/98 22,519.75
1,200 " 4/24/98 5,344.75
3,800 " 4/24/98 17,100.00
1,700 " 4/27/98 7,543.75
5,000 " 5/8/98 24,402.95
1,700 " 5/11/98 7,784.20
3,300 " 5/11/98 14,850.00
500 " 5/21/98 2,437.50
4,500 " 5/21/98 22,519.75
</TABLE>
13
<PAGE>
<TABLE>
<S> <C> <C> <C>
500 " 5/26/98 2,488.50
4,500 " 5/26/98 21,937.50
5,000 " 5/27/98 23,769.75
300 " 5/28/98 1,388.50
4,700 " 5/28/98 21,737.50
5,000 " 6/3/98 22,519.75
5,000 " 6/9/98 20,000.00
800 " 6/10/98 3,119.75
1,100 " 6/11/98 3,712.50
2,000 " 6/11/98 7,250.00
2,200 " 6/11/98 7,700.00
4,200 " 6/11/98 16,275.00
5,000 " 6/11/98 17,500.00
5,000 " 6/11/98 18,967.31
5,000 " 6/12/98 16,269.75
1,900 " 6/15/98 5,244.75
3,100 " 6/16/98 8,932.25
1,900 " 6/17/98 5,485.36
3,100 " 6/17/98 8,912.50
5,000 " 6/19/98 15,000.00
1,000 " 6/24/98 2,957.25
5,000 " 6/25/98 14,375.00
20,000 " 6/25/98 57,776.31
3,100 " 6/26/98 8,544.75
5,000 " 6/30/98 13,125.00
5,000 " 6/30/98 13,557.25
5,000 " 8/18/98 19,402.95
5,000 " 8/24/98 18,152.95
</TABLE>
14
<PAGE>
<TABLE>
<S> <C> <C> <C>
1,400 " 8/25/98 4,927.95
5,000 " 10/9/98 13,457.25
5,000 " 10/16/98 11,590.45
2,000 " 10/19/98 4,375.00
5,000 " 10/19/98 11,027.25
127,550 " 10/19/98 286,987.50*
<CAPTION>
TRANSFERRED
------------
<S> <C> <C> <C>
25,000 " 9/22/99 0**
PARAGON TRADE PURCHASES FOR SEPP ACCOUNT
4,800 " 1/21/98 21,014.75
200 " 1/21/98 850.00
1,110 " 1/21/98 4,869.06
5,000 " 1/21/98 21,250.00
600 " 6/10/98 2,250.00
568 " 6/11/98 2,149.75
12,278
PARAGON TRADE PURCHASES FOR IRA ACCOUNT
64 " 1/21/98 approx. 350
</TABLE>
* Transfer (from Dempsey & Company)
** Transfer from JT/TN Account to Robin Winslow
15
<PAGE>
EXHIBIT B
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities and
Exchange Act of 1934, the persons named below agree to the joint filing on
behalf of each of them of a Statement on Schedule 13D (including amendments
thereto) with respect to the common stock of Paragon Trade Brands, Inc. and
further agree that this Joint Filing Agreement be included as an Exhibit to such
joint filings. In evidence thereof, the undersigned, being duly authorized,
hereby execute this Agreement this 4th day of October, 1999.
/s/ Robin E. Winslow
-------------------------------
Robin E. Winslow
/s/ Frank E. Williams, Jr.
-----------------------------------
Frank E. Williams, Jr.
/s/ Matthew S. Metcalfe
------------------------------------
Matthew S. Metcalfe
16
