FIFTH AMENDMENT TO CREDIT AGREEMENT
                                         
               
     FIFTH AMENDMENT TO CREDIT AGREEMENT, dated as of June 28,
1995 (this "Amendment"), to the Revolving Credit, Factoring and
Security Agreement, dated as of September 20, 1993, as amended by
letter agreement Re: Amendment to Credit Agreement with respect
to the Mississippi Property, dated June 14, 1994 (the "First
Amendment"), and by letter agreement Re: Amendment to Credit
Agreement with respect to Additional Guarantors, dated August 24,
1994 (the "Second Amendment"), and by the Third Amendment to
Credit Agreement, dated as of February 28, 1995 (the "Third
Amendment"), and by the Fourth Amendment to Credit Agreement
dated as of March 1, 1995 (the "Fourth Amendment") (as so
amended, and as further amended, supplemented or otherwise
modified from time to time, the "Credit Agreement"), between THE
CIT GROUP/COMMERCIAL SERVICES, INC. ("Lender") and SALANT
CORPORATION ("Borrower").

                                WITNESSETH:

     WHEREAS, Lender and Borrower are parties to the Credit
Agreement;

     WHEREAS, Borrower has requested Lender to amend the Credit
Agreement to increase the Maximum Credit (as defined therein) for
the month of June, 1995; and

     WHEREAS, Lender is willing to make such amendment to the
Credit Agreement upon the terms and subject to the conditions set
forth in this Amendment.

     NOW, THEREFORE, in consideration of the premises, the
parties hereto hereby agree, effective as of the date hereof, as
follows:

             1.  Defined Terms.  Initially capitalized terms used
and not otherwise defined herein shall have their respective
meanings as defined in the Credit Agreement.

             2.  Amendment of Section 3.3.   Section 3.3 of the
Credit Agreement is amended by deleting the dollar amount of
"$130,000,000" set forth opposite the month of June, and
inserting the dollar amount of "$132,000,000" in lieu thereof.

             3.  Continuing Effect of Credit Agreement.   This
Amendment shall not constitute a waiver  or amendment of any
provision of the Credit Agreement not expressly referred to
herein and shall not be construed as a consent to any further or
future action on the part of Borrower that would require consent
of Lender. Except as expressly amended, the provisions of the
Credit Agreement are and shall remain in full force and effect.

     4.   Counterparts.   This Amendment may be executed in
counterparts, and all of such counterparts taken together shall
be deemed to constitute one and the same instrument.

     5.   Governing Law.  This Amendment shall be governed by,
and construed and interpreted in accordance with, the laws of the
State of New York.

     IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed and delivered in New York, New York
by their proper and duly authorized officers as of the day and
year first above written.

                         THE CIT GROUP/COMMERCIAL SERVICES, INC.

                         By /s/Kenneth Wendler
                         Name:  Kenneth Wendler
                         Title:    Vice President



                         SALANT CORPORATION

                         By /s/ Richard P. Randall           
                         Name:  Richard P. Randall
                         Title: Senior Vice President and CFO     
   

     CONSENT OF GUARANTORS
                      

     Each of the undersigned, CLANTEXPORT, INC., DENTON MILLS,
INC., FROST BROS. ENTERPRISES, INC., SLT SOURCING, INC., VERA
LICENSING, INC., SALANT CANADA INC. and J.J. FARMER CLOTHING
INC., each a Guarantor under its respective Guarantee, each dated
as of September 20, 1993 (individually, its "Guarantee"), made in
favor of The CIT Group/Commercial Services, Inc. ("Lender")
pursuant to the Credit Agreement as defined in the Fifth
Amendment to Credit Agreement, dated as of June 28 , 1995 between
Lender and Salant Corporation (the "Amendment"), to which this
Consent is attached, hereby consents to the Amendment and the
matters contemplated thereby, and hereby confirms and agrees that
its Guarantee is, and shall continue to be, in full force and
effect and is hereby ratified and confirmed in all respects
except that, on or after the effective date of the Amendment,
each reference in its Guarantee to "the Credit Agreement",
"thereunder", "thereof" or words of like import referring to the
Credit Agreement shall mean and be a reference to the Credit
Agreement as amended by the Amendment.

     IN WITNESS WHEREOF, each of the undersigned has caused this
Consent of Guarantors to be duly executed and delivered by its
authorized officer as of the 28th day of June, 1995.

CLANTEXPORT, INC.                  FROST BROS. ENTERPRISES, INC.

By:  /s/Richard P. Randall         By: /s/Richard P. Randall  
Title:  Vice President             Title: Vice President      


DENTON MILLS, INC.                 SLT SOURCING, INC.

By:  /s/Richard P. Randall         By: /s/Richard P. Randall
Title:  Vice President             Title: Vice President  


VERA LICENSING, INC.                    SALANT CANADA INC.

By:  /s/Richard P. Randall              By: /s/Richard P. Randall
Title:  Vice President                  Title: Vice President 


J.J. FARMER CLOTHING INC.

By: /s/Todd Kahn     
Title: Secretary