Russell Corporation to Hold Special Stockholders Meeting

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.