Exhibit 99.1

For Release:	Immediately
Contact:	Frank H. Boykin, Chief Financial Officer

Mohawk Industries, Inc. Announces Third Quarter Earnings

CALHOUN, Ga., Oct. 29 /PRNewswire-First Call/ — Mohawk Industries, Inc. (NYSE: MHK) today announced 2009 third quarter net earnings of $34 million and diluted earnings per share (EPS) of $0.50 which included a restructuring charge of approximately $16 million, primarily related to our distribution and manufacturing infrastructure. Excluding the restructuring charge, net earnings and EPS would be $44 million and $0.64 per share, respectively. In the third quarter of 2008, the net loss was $1,485 million and loss per share was $21.70. Excluding the 2008 third quarter charges, net earnings and EPS would have been $84 million and $1.23 per share, respectively. Net sales for the 2009 third quarter were $1,383 million, a decrease of 22% (21% with a constant exchange rate) from 2008. Continued cost control, reduced capital spending and lower working capital enabled generation of free cash flow of $128 million for the quarter.

For the nine months of 2009, our net loss was $25 million or a net loss per share of $0.37. Excluding year to date charges, net earnings would be $108 million and EPS would be $1.57. In the first nine months of 2008 net loss and loss per share were $1,331 million and $19.45 per share, respectively. Excluding the 2008 year to date charges, net earnings and EPS would have been $244 million and $3.56 per share, respectively. Net sales for the first nine months of 2009 were $3,997 million representing a 25% decrease from 2008. Sales declined 22% with a constant exchange rate excluding carpet tile charges. The sales decrease for both the quarter and the year to date in the U.S. and Europe is primarily attributable to continuing low home sales, soft business investment and weak consumer discretionary spending.

In commenting on the third quarter results, Jeffery S. Lorberbaum, Chairman and CEO stated, “Our third quarter earnings were slightly better than our guidance due to the many changes we have made to manage through this difficult environment. Our gross margin of 27%, an improvement of almost 200 basis points over last year benefited from lower raw material and freight costs, personnel reductions, cost containment measures and plant consolidations. Investments in new products, research and development and capital expenditures are being made to improve sales, efficiencies, quality and service. Our balance sheet is strong with over $300 million of cash, ample liquidity from our new $600 million bank facility and free cash flow of over $340 million exceeding last year by approximately 55% on a year to date basis. Our strategy continues to be adjusted as the economic environment requires.”

Mohawk segment sales were down 21% for the third quarter, in line with the industry. Much of our efforts to reduce costs and improve processes have been offset by low industry volumes and unabsorbed overhead. Consumers are purchasing more value-oriented products and selling prices on commoditized products have compressed. Residential volume remains weak with commercial still in decline. We have made improvements in our controllable production costs and quality throughout our processes. Reductions in our SG&A continue to be made throughout the organization. The restructuring of our distribution model and consolidating regional warehouses with Dal-Tile will lower our infrastructure cost further. The commercial team is focused on the government, healthcare and education markets, which should be stronger than the other channels.

Dal-Tile sales for the third quarter were down 23% or 22% with a constant exchange rate. The decline in new housing sales and commercial is significantly affecting the ceramic industry. Dal-Tile is taking share from imports, which make up about half of the industry volume with our broad product line and strong distribution. We further reduced our SG&A in the third quarter by merging local service centers, consolidating regional warehouses and reducing our warehousing infrastructure. Manufacturing costs continue to improve with increased productivity, lower waste levels, and higher quality. Our new introductions of engineered stone and terrazzo tile products are growing in the U.S. market. In Mexico, we are improving our market position by broadening our product line and expanding our customer base.

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Unilin sales declined 21% or 18% with a constant exchange rate. Our operating margins for the quarter were approximately 12% and the EBITDA margin was approximately 26%. Demand in both our U.S. and European markets remained challenging in the quarter. Lower raw material costs, increased royalty income, postponement of expenses and better than expected sales volume in some of our products favorably impacted our earnings. Our laminate business has been influenced by customers trading down to lower value alternatives. To improve our laminate sales, we are increasing participation in the DIY channels, growing sales of our new product introductions, adding new product features and investing in new product innovation. We broadened our wood distribution in both the U.S. and Europe under multiple brands to reach all markets. We continue to invest in research and development in our products to provide greater value and to lower production costs. The board products remain under significant pricing pressure due to excess capacity in the markets and high fixed operating costs. Unilin has implemented many cost reductions to lower SG&A, reduce manufacturing costs and manage inventory levels.

Business conditions remain weak as we move into seasonally slower quarters. The residential business appears to have stabilized and the commercial business will continue to be difficult next year. Sequentially, lower plant utilization rates in the fourth quarter will result in higher unabsorbed overhead. Carpet material costs will reduce margins until we pass them through with higher prices. Our fourth quarter guidance for earnings is $0.28 to $0.38 per share. Excluded from the guidance is an estimated restructuring charge of $25 million, primarily non-cash reductions of our manufacturing and distribution infrastructure. We continue to make the necessary structural changes to strengthen our long-term business. Each segment is executing innovative ways to positively position us in all product categories. All of our efforts to strengthen the business during this downturn will significantly benefit us in the future as the industry recovers.

Certain of the statements in the immediately preceding paragraphs, particularly anticipating future performance, business prospects, growth and operating strategies and similar matters and those that include the words “could,” “should,” “believes,” “anticipates,” “expects,” and “estimates,” or similar expressions constitute “forward-looking statements.” For those statements, Mohawk claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. There can be no assurance that the forward-looking statements will be accurate because they are based on many assumptions, which involve risks and uncertainties. The following important factors could cause future results to differ: changes in economic or industry conditions; competition; raw material and energy costs; timing and level of capital expenditures; integration of acquisitions; rationalization of operations; claims; litigation and other risks identified in Mohawk’s SEC reports and public announcements.

Mohawk is a leading supplier of flooring for both residential and commercial applications. Mohawk offers a complete selection of carpet, ceramic tile, laminate, wood, stone, vinyl, and rugs. These products are marketed under the premier brands in the industry, which include Mohawk, Karastan, Ralph Lauren, Lees, Bigelow, Dal-Tile, American Olean, Unilin and Quick Step. Mohawk’s unique merchandising and marketing assist our customers in creating the consumers’ dream. Mohawk provides a premium level of service with its own trucking fleet and over 250 local distribution locations.

There will be a conference call Friday, October 30, 2009 at 11:00 AM Eastern Time.

The telephone number to call is 1-800-603-9255 for US/Canada and 1-706-634-2294 for International/Local. Conference ID # 34166688. A conference call replay will also be available until November 13, 2009 by dialing 800-642-1687 for US/local calls and 706-645-9291 for International/Local calls and entering. Conference ID # 34166688.

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MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

Consolidated Statement of Operations	Three Months Ended					Nine Months Ended
(Amounts in thousands, except per share data)	September 26, 2009			September 27, 2008		September 26, 2009			September 27, 2008
Net sales	$	1,382,565		1,763,034			3,996,916		5,341,176
Cost of sales		1,013,106		1,323,963			3,106,380		3,959,374
Gross profit		369,459		439,071			890,536		1,381,802
Selling, general and administrative expenses		301,388		321,259			893,671		993,609
Impairment of goodwill and other intangibles		—		1,418,912			—		1,418,912
Operating income (loss)		68,071		(1,301,100	)		(3,135	)	(1,030,719	)
Interest expense		32,318		30,540			92,504		97,049
Other (income) expense, net		(610	)	4,201			(2,617	)	8,630
Earnings (loss) before income taxes		36,363		(1,335,841	)		(93,022	)	(1,136,398	)
Income tax expense (benefit)		2,015		148,940			(67,744	)	194,215
Net earnings (loss)	$	34,348		(1,484,781	)		(25,278	)	(1,330,613	)
Basic earnings (loss) per share	$	0.50		(21.70	)		(0.37	)	(19.45	)
Weighted-average common shares outstanding—basic		68,456		68,411			68,446		68,396
Diluted earnings (loss) per share	$	0.50		(21.70	)		(0.37	)	(19.45	)
Weighted-average common shares outstanding—diluted		68,653		68,411			68,446		68,396
Other Financial Information
(Amounts in thousands)
Net cash provided by operating activities	$	146,549		190,287			412,594		376,979
Depreciation and amortization	$	76,435		77,712			221,177		226,020
Capital expenditures	$	18,678		49,512			71,281		155,322
Consolidated Balance Sheet Data
(Amounts in thousands)						September 26, 2009			September 27, 2008
ASSETS
Current assets:
Cash and cash equivalents						$	306,145		62,025
Receivables, net							832,105		933,741
Inventories							939,478		1,234,651
Prepaid expenses							117,367		122,464
Deferred income taxes and other current assets							164,016		151,160
Total current assets							2,359,111		2,504,041
Property, plant and equipment, net							1,841,779		1,963,939
Goodwill							1,424,391		1,529,321
Intangible assets, net							817,586		954,826
Deferred income taxes and other non-current assets							45,588		20,259
						$	6,488,455		6,972,386
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt						$	53,163		131,663
Accounts payable and accrued expenses							876,579		980,873
Total current liabilities							929,742		1,112,536
Long-term debt, less current portion							1,802,138		1,924,698
Deferred income taxes and other long-term liabilities							510,486		558,471
Total liabilities							3,242,366		3,595,705
Total equity							3,246,089		3,376,681
						$	6,488,455		6,972,386
Segment Information	As of or for the Three Months Ended					As of or for the Nine Months Ended
(Amounts in thousands)	September 26, 2009			September 27, 2008		September 26, 2009			September 27, 2008
Net sales:
Mohawk	$	755,904		953,827			2,118,025		2,827,297
Dal-Tile		361,590		472,031			1,096,772		1,402,593
Unilin		281,803		357,785			829,984		1,173,065
Intersegment sales		(16,732	)	(20,609	)		(47,865	)	(61,779	)
Consolidated net sales	$	1,382,565		1,763,034			3,996,916		5,341,176
Operating income (loss):
Mohawk	$	16,261		(224,376	)		(142,234	)	(167,542	)
Dal-Tile		21,166		(479,918	)		72,626		(364,808	)
Unilin		34,929		(592,549	)		80,622		(482,472	)
Corporate and eliminations		(4,285	)	(4,257	)		(14,149	)	(15,897	)
Consolidated operating income (loss)	$	68,071		(1,301,100	)		(3,135	)	(1,030,719	)
Assets:
Mohawk						$	1,697,334		2,122,463
Dal-Tile							1,622,502		1,736,212
Unilin							2,754,233		2,912,235
Corporate and eliminations							414,386		201,476
Consolidated assets						$	6,488,455		6,972,386

Reconciliation of Net Sale to Adjusted Net Sales
(Amounts in thousands)
	Three Months Ended					Nine Months Ended
	September 26, 2009			September 27, 2008		September 26, 2009		September 27, 2008
Net sales	$	1,382,565		1,763,034		3,996,916		5,341,176
Add: Commercial carpet tile reserve		—		14,614		110,224		23,651
Add: Exchange rate		16,825		—		89,825		—
Adjusted net sales	$	1,399,390		1,777,648		4,196,965		5,364,827
Reconciliation of Segment Net Sale to Adjusted Segment Net Sales
(Amounts in thousands)
	Three Months Ended
	September 26, 2009			September 27, 2008
Dal-Tile segment
Net sales	$	361,590		472,031
Add: Exchange rate		4,518		—
Adjusted net sales	$	366,108		472,031
Unilin segment
Net sales	$	281,803		357,785
Add: Exchange rate		12,307		—
Adjusted net sales	$	294,110		357,785
Reconciliation of Net Earnings (Loss) to Adjusted Net Earnings
(Amounts in thousands, except per share data)
	Three Months Ended					Nine Months Ended
	September 26, 2009			September 27, 2008		September 26, 2009		September 27, 2008
Net earnings (loss)	$	34,348		(1,484,781	)	(25,278	)	(1,330,613	)
Unusual charges:
Add: Impairment of goodwill and other intangibles		—		1,418,912		—		1,418,912
Add: Commercial carpet tile reserve		—		14,614		122,492		23,651
Add: FIFO inventory		—		—		61,794		—
Add: Business restructurings		16,019		—		31,936		—
Add: Income tax expense (benefit)		(6,167	)	135,620		(83,004	)	132,140
Adjusted net earnings	$	44,200		84,365		107,940		244,090
Basic earnings (loss) per share	$	0.50		(21.70	)	(0.37	)	(19.45	)
Weighted-average common shares outstanding—basic		68,456		68,411		68,446		68,396
Adjusted Diluted earnings per share	$	0.64		1.23		1.57		3.56
Weighted-average common shares outstanding—diluted		68,653		68,600		68,606		68,599
Reconciliation of Free Cash Flow
(Amounts in thousands)
	Three Months Ended September 26, 2009					Nine Months Ended
						September 26, 2009		September 27, 2008
Net cash provided by operations	$	146,549				412,594		376,979
Net cash used in investing		(24,282	)			(77,205	)	(163,668	)
less: Acquisitions, net of cash		5,604				5,924		8,346
Free cash flow	$	127,871				341,313		221,657
Reconciliation of Unilin Segment Operating Income to Unilin Segment EBITDA
(Amounts in thousands)
	Three Months Ended September 26, 2009
EBITDA reconciliation
Operating income	$	34,929
Add: Other income		833
Add: Depreciation and amortization		38,247
EBITDA	$	74,009

The Company believes it is useful for itself and investors to review, as applicable, both GAAP and the above non-GAAP measures in order to assess the performance of the Company’s business for planning and forecasting in subsequent periods.