Culp, Inc. Announces Cash Dividend

Culp, Inc. (NYSE: CFI), today announced its Board of Directors has declared a cash dividend of $0.03 (three cents) per share payable October 15, 2012, to stockholders of record on October 1, 2012.

Culp, Inc. is one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics for furniture. The company's fabrics are used principally in the production of bedding products and residential and commercial upholstered furniture.

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