Koehler Avenue, Suite 7 - Ronkonkoma, NY 11779 (631) 981-9700 - www.lakeland.com Lakeland Industries, Inc. Reports First Quarter Fiscal Year 2009 Financial Results EPS Increases 45% Year-over-Year on Record Revenue RON

701-7 Koehler Avenue, Suite 7 - Ronkonkoma, NY

(631) 981-9700 - www.lakeland.com

Industries, Inc. Reports First Quarter Fiscal Year 2009 Financial

Increases 45% Year-over-Year on Record Revenue

NY -- June 9, 2008 -- Lakeland Industries, Inc. (NASDAQ: LAKE) today announced

financial results for its first quarter fiscal year 2009 ended April 30,

Financial Results Highlights

and Recent Company Developments

First Quarter Fiscal Year

2009 Financial Results Summary

were a record $27.3 million in the first quarter of 2009, up 6.6% from $25.6

million in the comparable 2008 period and an increase of 9.3% sequentially from

the fourth quarter of 2008. Gross profit increased by $1.3 million,

or 24.3%, to $6.7 million for the first quarter of 2009, as compared to $5.4

million for the same period in 2008. Gross profit as a percentage of

net sales rose to 24.5% for the quarter ended April 30, 2008 from 20.0% last

year. Operating profit increased by $0.5 million, or 45.6%, to $1.5 million from

$1.0 million for the first quarter of fiscal year 2008. Operating

income as a percentage of net sales increased to 5.3% for the first quarter of

2009 from 3.9% for the same period in fiscal 2008. The improvement in

operating profit and margins is primarily due to the use of lower cost raw

materials, new product introductions, new customers, the Mexican restructuring

program in 2008, and the end of the rebate program initiated early in

FY08. Net income for the first quarter of FY09 was $0.9 million

compared with $0.6 million for the first quarter FY08. EPS for the

first quarter of fiscal year 2009 was $0.16, compared with $0.11 for the first

on the financial results, Lakeland Industries President and Chief Executive

Officer Christopher J. Ryan said, "This quarter we continued to focus on product

expansion - particularly overseas - and on margin improvement. Our

sales reached a record level even as the U.S. economy is in the

doldrums. This is a testimony to our growth in Latin America and

Asia, along with the strength of certain market segments such as our woven and

fire products unit, where sales rose 46%. Albeit off a small base,

our sales in China, the U.K., and Chile were each up approximately 400% versus

last year. We continue to view our international expansion as a

major catalyst for long term top line and margin growth.

margins remain a priority and are rising with demand for our products and as we

effectively manage our overhead expenses. In addition, we are

very pleased to have completed our acquisition of Brazilian protective apparel

supplier Qualytextil S.A. in May, which we see as being a great contribution to

our growth going forward. Our past investments overseas continue to

bear fruit, and we anticipate further EPS gains in the quarters to come

regardless of U.S. economic conditions."

First Quarter Fiscal Year

2009 Financial Results

Net Sales. Net sales

increased by $1.68 million, or 6.6%, to $27.3 million for the three months ended

April 30, 2008 from $25.6 million for the three months ended April 30,

2007. The net increase was mainly due to international expansion.

External sales from China increased by $1.3 million, or 350%, driven by sales to

our new Australian distributor. Canadian sales rose by $0.07 million, or 5.2%,

while U.K. sales increased by $0.04 million, or 43.5%, and Chile sales improved

by $0.3 million, or 372%. For domestic U.S. sales, disposables decreased by

$0.9 million, chemical suit sales increased by $0.08 million, wovens increased

by $0.5 million, reflective sales increased by $0.2 million, and glove sales

Gross Profit. Gross profit

rose by $1.30 million, or 24.3%, to $6.68 million for the three months ended

April 30, 2008 from $5.37 million for the three months ended April 30,

2007. Gross profit as a percentage of net sales increased to 24.5%

for the current quarter from 21% in the prior-year period, primarily due to a

one-time plant restructuring charge in Mexico of $0.5 million in the previous

year, the end of a sales rebate program in the prior year undertaken for

competitive conditions, and favorable claims experience in our medical insurance

program, slightly offset by gross losses in India of $(0.2) million resulting

from delayed start-up conditions.

Operating Expenses. Operating

expenses increased by $0.85 million, or 19%, to $5.2 million for the three

months ended April 30, 2008 from $4.4 million for the three months ended April

30, 2007. As a percentage of sales, operating expenses increased to

19.2% for the current quarter from 17.1% last year. The $0.85 million

increase in operating expenses in the three months ended April 30, 2008 was

million in costs relating to the proxy contest

million miscellaneous increases

million reduction in medical expenses charged to administrative

Expenses. Interest expense increased by $0.05 million for the

three months ended April 30, 2008 as compared to the three months ended April

30, 2007 due to higher borrowing levels outstanding, partially offset by lower

Fourth Quarter Conference

will host a conference call at 4:30 PM (EDT) on June 9, 2008, to discuss the

Company's first quarter financial results. The conference call will be hosted by

Christopher J. Ryan, Lakeland's President and CEO. Investors can

listen to the call by dialing 877-888-4605 (domestic) or 416-695-9719

(international), code 3261828.

conference call replay will be available by dialing 800-408-3053 (domestic) or

416-695-5800 (international), code 3261828.

Lakeland Industries, Inc.:

Industries, Inc. (Nasdaq: LAKE) manufactures and sells a comprehensive line of

safety garments and accessories for the industrial protective clothing

market. The Company's products are sold by a direct sales force and

through independent sales representatives to a network of over 800 safety and

mill supply distributors. These distributors in turn supply end user

industrial customers such as chemical/petrochemical, automobile, steel, glass,

construction, smelting, janitorial, pharmaceutical and high technology

electronics manufacturers, as well as hospitals and laboratories. In

addition, Lakeland supplies federal, state, and local

agencies, fire and police departments, airport crash rescue units, the

Department of Defense, the Centers for Disease Control and Prevention, and may

other federal and state agencies.

information concerning Lakeland, please visit the Company online at www.lakeland.com.