RML Russell CP Delaware

The board of directors of Russell Corporation (NYSE: RML) announced today a Special Meeting of the Stockholders is scheduled for 9 a.m. local time, on Tuesday, August 1, 2006 for stockholders of record June 12, 2006. The purpose of the meeting is to approve the Agreement and Plan of Merger between Russell Corporation and Berkshire Hathaway Inc. whereby Berkshire Hathaway has agreed to acquire Russell Corporation in exchange for $18.00 per share of Russell Corporation stock. About Russell Corporation Russell Corporation is a leading branded athletic and sporting goods company marketing athletic apparel, uniforms, footwear and equipment for a wide variety of sports, outdoor and fitness activities. The Company's major brands include Russell Athletic(R), JERZEES(R), Spalding(R), Brooks(R), Huffy Sports(R), Bike(R), Moving Comfort(R), AAI(R) and Mossy Oak(R). The Company's common stock is listed on the New York Stock Exchange under the symbol RML and its web site address is http://www.russellcorp.com. Additional Information and Where to Find It In connection with the proposed acquisition and required stockholder approval, Russell Corporation has filed preliminary and definitive proxy statements with the Securities and Exchange Commission ("SEC"). The definitive proxy statement will be mailed to the stockholders of Russell Corporation. RUSSELL CORPORATION'S STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND RUSSELL CORPORATION. Investors and stockholders may obtain free copies of these documents (when they are available) and other documents filed with the Securities and Exchange Commission at the SEC's web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Russell Corporation through the Investor Relations section of its website, http://www.russellcorp.com, as soon as reasonably practicable after filing with the SEC. Participants in Solicitation Russell Corporation and its officers and directors may be deemed to be participants in the solicitation of proxies from Russell Corporation's stockholders with respect to the proposed merger. Investors and stockholders may obtain more detailed information regarding the direct and indirect interests of Russell Corporation's executive officers and directors in the merger by reading Russell Corporation's definitive proxy statement which has been filed with the SEC. The proxy statement is available free of charge at the SEC's web site at http://www.sec.gov or by going to Russell Corporation's Investor Relations page on its corporate website at http://www.russellcorp.com.