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New Cosco Home & Office President Named

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Dorel Industries Inc. announced it has promoted Jeff Cartwright to the position of President of Cosco Home & Office, part of Dorel's Home Furnishings segment. He replaces Tom Szczurek who has left the Company to pursue other opportunities. Jeff has a 25-year history with consumer products companies, serving in a variety of capacities. Most recently he was Executive Vice President, Operations at Dorel Juvenile Group, USA. Cosco Home & Office, based in Columbus, Indiana, manufactures and distributes a variety of products, including step stools, ladders, metal tables and chairs as well as a line of Samsonite commercial office furniture. Last September, Cosco Home & Office entered the home healthcare market with its new line of Ability Care Essentials. About Dorel: Dorel is a global consumer products company which designs, manufactures or sources, markets and distributes a diverse portfolio of powerful product brands, marketed through its Juvenile, Home Furnishings, and Recreational/Leisure segments. US operations include the Dorel Juvenile Group USA, which incorporates the Cosco and Safety 1st brands; Ameriwood Industries, Cosco Home & Office; and Pacific Cycle, which includes the Schwinn, Mongoose, GT, InSTEP and Roadmaster brands. In Canada, Dorel operates Dorel Juvenile Group Canada, Ridgewood Industries and Dorel Home Products. The Dorel Juvenile Group Europe carries out activities throughout Europe, under the Maxi-Cosi, Quinny, Safety 1st, Bebe Confort, Babideal, MonBebe and Baby Relax brands. Dorel Asia sources and imports home furnishings. Dorel employs approximately 5,000 people in fourteen countries. 2003 sales were US$1.2 billion. 2004 sales are expected to be between US$1.6 - US$1.8 billion.

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