The Hallwood Group Incorporated is a holding company that has a 100% consolidated investment in its textile products subsidiary, and a 25% equity investment in its energy affiliate. The Company's textile products subsidiary is an integrated textile company that develops and produces innovative woven fabrics through specialized finishing, treating and coating processes.

The Company's energy affiliate is Hallwood Energy, L.P., which is currently involved in exploration and operation of oil and gas properties in three identifiable areas: Central Eastern Arkansas, South Louisiana and West Texas.

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