Exhibit(99)







                        Contact:   Willis C. Moore
                                   Senior Vice President and CFO
                                   (336) 316-5664




 FOR IMMEDIATE RELEASE


	GREENSBORO, NC January 8, 1998 Unifi, Inc. (NYSE: UFI) announced today
 that it intends to offer and sell up to $300 million of its senior, unsecured
 debt securities (the "Notes") inside the United States to qualified
 institutional buyers and outside the United States to non-U.S. investors.
 The net proceeds of the offering, which is expected to be completed in
 January 1998, will be used to repay a portion of the Company's bank credit
 facility.  The Notes will not be registered under the Securities Act of 1933
 and may not be offered or sold in the United States absent such registration
 or an applicable exemption from the registration requirements.  This press
 release does not constitute an offer to sell or the solicitation of an offer to
 buy any security.






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