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IN THE UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re: COLLINS & AIKMAN CORPORATION,

et al.1 Debtors. ) ) ) ) ) ) ) ) Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) (Tax Identification #13-3489233) Honorable Steven W. Rhodes

FOURTH INTERIM FEE APPLICATION OF KZC SERVICES, LLC AND JOHN R. BOKEN FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR RESTRUCTURING SERVICES PROVIDED TO THE DEBTORS FOR THE PERIOD FROM MAY 1, 2006 THROUGH AUGUST 31, 2006 Name of Applicant: Authorized to Provide Professional Services to: Date of Retention: Date of Entry of Order Authorizing Retention: KZC Services, LLC and John R. Boken Debtors May 17, 2005 June 9, 2005

Interim Fee Period for Which Compensation and May 1, 2006 through August 31, 2006 Reimbursement Is Sought:

The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 05-55949; Becker Group, LLC (d/b/a/ Collins & Aikman Premier Mold), Case No. 05-55977; Brut Plastics, Inc., Case No. 05-55957; Collins & Aikman (Gibraltar) Limited, Case No. 05-55989; Collins & Aikman Accessory Mats, Inc. (f/k/a the Akro Corporation), Case No. 05-55952; Collins & Aikman Asset Services, Inc., Case No. 05-55959; Collins & Aikman Automotive (Argentina), Inc. (f/k/a Textron Automotive (Argentina), Inc.), Case No. 05-55965; Collins & Aikman Automotive (Asia), Inc. (f/k/a Textron Automotive (Asia), Inc.), Case No. 05-55991; Collins & Aikman Automotive Exteriors, Inc. (f/k/a Textron Automotive Exteriors, Inc.), Case No. 05-55958; Collins & Aikman Automotive Interiors, Inc. (f/k/a Textron Automotive Interiors, Inc.), Case No. 05-55956; Collins & Aikman Automotive International, Inc., Case No. 05-55980; Collins & Aikman Automotive International Services, Inc. (f/k/a Textron Automotive International Services, Inc.), Case No. 05-55985; Collins & Aikman Automotive Mats, LLC, Case No. 05-55969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 05-55978; Collins & Aikman Automotive Services, LLC, Case No. 05-55981; Collins & Aikman Canada Domestic Holding Company, Case No. 05-55930; Collins & Aikman Carpet & Acoustics (MI), Inc., Case No. 05-55982; Collins & Aikman Carpet & Acoustics (TN), Inc., Case No. 05-55984; Collins & Aikman Development Company, Case No. 05-55943; Collins & Aikman Europe, Inc., Case No. 05-55971; Collins & Aikman Fabrics, Inc. (d/b/a Joan Automotive Industries, Inc.), Case No. 05-55963; Collins & Aikman Intellimold, Inc. (d/b/a M&C Advanced Processes, Inc.), Case No. 05-55976; Collins & Aikman Interiors, Inc., Case No. 05-55970; Collins & Aikman International Corporation, Case No. 05-55951; Collins & Aikman Plastics, Inc., Case No. 05-55960; Collins & Aikman Products Co., Case No. 05-55932; Collins & Aikman Properties, Inc., Case No. 05-55964; Comet Acoustics, Inc., Case No. 05-55972; CW Management Corporation, Case No. 05-55979; Dura Convertible Systems, Inc., Case No. 05-55942; Gamble Development Company, Case No. 05-55974; JPS Automotive, Inc. (d/b/a PACJ, Inc.), Case No. 05-55935; New Baltimore Holdings, LLC, Case No. 05-55992; Owosso Thermal Forming, LLC, Case No. 05-55946; Southwest Laminates, Inc. (d/b/a Southwest Fabric Laminators Inc.), Case No. 05-55948; Wickes Asset Management, Inc., Case No. 05-55962; and Wickes Manufacturing Company, Case No. 05-55968.

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0W[;&+-

0555927061113000000000006

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Amount of Compensation Requested: Amount of Expense Reimbursement Requested: Total Compensation and Expense Reimbursement Requested: This Is: Blended Rate of Professionals (Including Para-professionals) Blended Rate of Professionals (Excluding Para-professionals)

$7,630,948.00 $768,245.35 $8,399,193.35 Fourth Interim Fee Application $450.35 $472.91

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IN THE UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re: COLLINS & AIKMAN CORPORATION, et al.1 Debtors. ) ) ) ) ) ) ) ) Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) (Tax Identification #13-3489233) Honorable Steven W. Rhodes

FOURTH INTERIM FEE APPLICATION OF KZC SERVICES, LLC AND JOHN R. BOKEN FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR RESTRUCTURING SERVICES PROVIDED TO THE DEBTORS FOR THE PERIOD FROM MAY 1, 2006 THROUGH AUGUST 31, 2006 KZC Services, LLC and John R. Boken (Boken) (collectively, KZCS), in accordance with the terms of the Services Agreement between the debtors in the above-captioned chapter 11 cases (collectively, the Debtors) and KZCS (the Services Agreement), hereby apply (the Fourth Interim Fee Application) for the entry of an order allowing: (a) fees in the amount of $7,630,948.00 for the reasonable and necessary restructuring services KZCS has rendered to the Debtors; and (b) actual and necessary expenses incurred by KZCS in the amount of $768,059.07, for

The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 05-55949; Becker Group, LLC (d/b/a/ Collins & Aikman Premier Mold), Case No. 05-55977; Brut Plastics, Inc., Case No. 05-55957; Collins & Aikman (Gibraltar) Limited, Case No. 05-55989; Collins & Aikman Accessory Mats, Inc. (f/k/a the Akro Corporation), Case No. 05-55952; Collins & Aikman Asset Services, Inc., Case No. 05-55959; Collins & Aikman Automotive (Argentina), Inc. (f/k/a Textron Automotive (Argentina), Inc.), Case No. 05-55965; Collins & Aikman Automotive (Asia), Inc. (f/k/a Textron Automotive (Asia), Inc.), Case No. 05-55991; Collins & Aikman Automotive Exteriors, Inc. (f/k/a Textron Automotive Exteriors, Inc.), Case No. 05-55958; Collins & Aikman Automotive Interiors, Inc. (f/k/a Textron Automotive Interiors, Inc.), Case No. 05-55956; Collins & Aikman Automotive International, Inc., Case No. 05-55980; Collins & Aikman Automotive International Services, Inc. (f/k/a Textron Automotive International Services, Inc.), Case No. 05-55985; Collins & Aikman Automotive Mats, LLC, Case No. 05-55969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 05-55978; Collins & Aikman Automotive Services, LLC, Case No. 05-55981; Collins & Aikman Canada Domestic Holding Company, Case No. 05-55930; Collins & Aikman Carpet & Acoustics (MI), Inc., Case No. 05-55982; Collins & Aikman Carpet & Acoustics (TN), Inc., Case No. 05-55984; Collins & Aikman Development Company, Case No. 05-55943; Collins & Aikman Europe, Inc., Case No. 05-55971; Collins & Aikman Fabrics, Inc. (d/b/a Joan Automotive Industries, Inc.), Case No. 05-55963; Collins & Aikman Intellimold, Inc. (d/b/a M&C Advanced Processes, Inc.), Case No. 05-55976; Collins & Aikman Interiors, Inc., Case No. 05-55970; Collins & Aikman International Corporation, Case No. 05-55951; Collins & Aikman Plastics, Inc., Case No. 05-55960; Collins & Aikman Products Co., Case No. 05-55932; Collins & Aikman Properties, Inc., Case No. 05-55964; Comet Acoustics, Inc., Case No. 05-55972; CW Management Corporation, Case No. 05-55979; Dura Convertible Systems, Inc., Case No. 05-55942; Gamble Development Company, Case No. 05-55974; JPS Automotive, Inc. (d/b/a PACJ, Inc.), Case No. 05-55935; New Baltimore Holdings, LLC, Case No. 05-55992; Owosso Thermal Forming, LLC, Case No. 05-55946; Southwest Laminates, Inc. (d/b/a Southwest Fabric Laminators Inc.), Case No. 05-55948; Wickes Asset Management, Inc., Case No. 05-55962; and Wickes Manufacturing Company, Case No. 05-55968.

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the period from May 1, 2006 through August 31, 2006 (the Fourth Interim Fee Period), pursuant to sections 330 and 331 of the Bankruptcy Code, 11 U.S.C. 101-1330 (the Bankruptcy Code), Rules 2016-1 and 9014-1 of the Local Rules for the United States Bankruptcy Court for the Eastern District of Michigan (the Local Rules), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules), the Retention Orders (as defined below), the United States Trustee Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed under 11 U.S.C. 330 and the Order Granting Motion to Establish Procedures for Monthly Compensation and Reimbursement of Expenses for Professionals and Official Committee Members [Docket No. 290] (the Interim Compensation Order). Fee Application, KZCS respectfully states as follows: Background 1. On May 17, 2005 (the Petition Date), the Debtors filed their voluntary petitions for relief under chapter 11 of the Bankruptcy Code and commenced the above-captioned chapter 11 cases. The Debtors continue to operate their businesses and manage their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. No trustee or examiner has been appointed in the chapter 11 cases. On the Petition Date, the Court entered an order jointly administering these cases pursuant to Bankruptcy Rule 1015(b). 2. On May 24, 2005, the United States trustee appointed an official committee of unsecured creditors pursuant to section 1102 of the Bankruptcy Code (the Creditors Committee). 3. The Debtors and their non-debtor affiliates are leading suppliers of automotive components, systems and modules to all of the worlds largest vehicle manufacturers, including DaimlerChrysler, Ford Motor Company, General Motors Corporation, Honda Motor Company, Nissan Motor Company and Toyota. In support of this Fourth Interim

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Retention of and Continuing Disinterestedness of KZCS 4. By this Courts orders dated June 9, 2005 and July 18, 2005 (collectively, the Retention Orders), the Debtors were authorized to retain KZCS under the terms of the Services Agreement, as amended by the Retention Orders, to provide restructuring services, with Boken serving in the capacity of Chief Restructuring Officer, effective as of the Petition Date. The Retention Orders authorize the Debtors to compensate KZCS at KZCSs hourly rates charged for services of the type contemplated in the chapter 11 cases and to reimburse KZCS for actual and necessary out-of-pocket expenses and direct costs incurred, subject to application to this Court in accordance with applicable law. A copy of the Retention Orders is attached as Exhibit A to this Fourth Interim Fee Application. 5. As disclosed in the Affidavit of John R. Boken in Support of Debtors Application for Approval of the Services Agreement with KZCS filed on May 25, 2005 (as amended by supplemental affidavits, the Affidavits), KZCS does not hold or represent any interest adverse to the Debtors estates, and is a disinterested person as that term is defined in section 101(14) of the Bankruptcy Code as modified by section 1107(b) of the Bankruptcy Code. 6. KZCS may have in the past represented, may currently represent, and likely in the future will represent parties-in-interest in connection with matters unrelated to the Debtors and the chapter 11 cases. KZCS disclosed in the Affidavits its connections to parties-in-interest that it has been able to ascertain using its reasonable efforts. KZCS will update the Affidavits when necessary and as appropriate. 7. KZCS performed the services for which it is seeking compensation on behalf of or for the Debtors and their estates, and not on behalf of any committee, creditor or other entity. 8. Except to the extent of the advance payments paid to KZCS that KZCS previously disclosed to this Court in the Affidavits, KZCS has received no payment and no promises for 3
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payment from any source for services rendered or to be rendered in any capacity whatsoever in connection with the chapter 11 cases. 9. Pursuant to Bankruptcy Rule 2016(b), KZCS has not shared, nor has KZCS agreed to share: (a) any compensation it has received or may receive with another party or person other than with the members and associates of KZCS; or (b) any compensation another person or party has received or may receive. First Interim Fee Application 10. On November 9, 2005, KZCS filed the First Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from May 17, 2005 through August 31, 2005 [Docket No. 1652] (the First Interim Fee Application) requesting the entry of an order allowing it: (a) fees in the amount of $6,324,742.00 for the reasonable and necessary restructuring services KZCS rendered to the Debtors; and (b) actual and necessary expenses incurred by KZCS in the amount of $670,095.28, for the period from May 17, 2005 through August 31, 2005, pursuant to sections 330 and 331 of the Bankruptcy Code, Local Rules 2016-1 and 9014-1,

Bankruptcy Rule 2016, the Retention Orders and the Interim Compensation Order. No objections were filed to the First Interim Fee Application. 11. On December 9, 2005, the Court entered the Order Granting First Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from May 17, 2005 through August 31, 2005 [Docket No. 1883]. As of December 15, 2005, KZCS had been paid in full by the Debtors for the compensation and reimbursement of expenses requested in the First Interim Fee Application in accordance with the order.

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Second Interim Fee Application 12. On March 15, 2006, KZCS filed the Second Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from September 1, 2005 through December 31, 2005 [Docket No. 2392] (the Second Interim Fee Application) requesting the entry of an order allowing it: (a) fees in the amount of $5,587,232.00 for the reasonable and necessary restructuring services KZCS rendered to the Debtors; and (b) actual and necessary expenses incurred by KZCS in the amount of $548,632.58, for the period from September 1, 2005 through December 31, 2005, pursuant to sections 330 and 331 of the Bankruptcy Code, Local Rules 2016-1 and 9014-1, Bankruptcy Rule 2016, the Retention Orders and the Interim Compensation Order. No objections were filed to the Second Interim Fee Application. 13. On April 14, 2006, the Court entered the Order Granting Second Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from September 1, 2005 through December 31, 2005 [Docket No. 2611]. As of April 24, 2006, KZCS had been paid in full by the Debtors for the compensation and reimbursement of expenses requested in the Second Interim Fee Application in accordance with the order. Third Interim Fee Application 14. On July 26, 2006, KZCS filed the Third Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from January 1, 2006 through April 30, 2006 [Docket No. 3051] (the Third Interim Fee Application) requesting the entry of an order allowing it: (a) fees in the amount of $6,287,567.00 for the reasonable and necessary restructuring services KZCS rendered to the Debtors; and (b) actual and necessary expenses incurred by KZCS in the 5
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amount of $583,831.23, for the period from January 1, 2006 through April 30, 2006, pursuant to sections 330 and 331 of the Bankruptcy Code, Local Rules 2016-1 and 9014-1,

Bankruptcy Rule 2016, the Retention Orders and the Interim Compensation Order. No objections were filed to the Third Interim Fee Application. 15. On August 23, 2006, the Court entered the Order Granting Third Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided on Behalf of the Debtors for the Period from January 1, 2006 through April 30, 2006 [Docket No. 3190]. As of August 28, 2006, KZCS had been paid in full by the Debtors for the compensation and reimbursement of expenses requested in the Third Interim Fee Application in accordance with the order Fourth Interim Fee Application 16. This is the fourth interim fee application that KZCS has submitted in the chapter 11 cases. In accordance with the terms of the Interim Compensation Order, KZCS has served monthly fee statements (collectively, the Monthly Fee Statements) on the Debtors, the United States trustee, counsel to the Creditors Committee, counsel to the pre-petition secured lenders and counsel to the post-petition secured lenders (the DIP Lenders) for the following periods encompassing, in the aggregate, the entirety of the Fourth Interim Fee Period: (a) May 1, 2006 through May 31, 2006; (b) June 1, 2006 through June 30, 2006; (c) July 1, 2006 through July 31, 2006; and (d) August 1, 2006 through August 31, 2006. 17. In accordance with the Retention Orders, the Monthly Fee Statements include daily time logs by professionals and para-professionals that provide information regarding the principal daily activities of each KZCS individual providing services to the Debtors during the billing period. Pursuant to the Retention Orders, KZCS was not required to either: (a) keep time entries in

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increments of tenths of an hour; or (b) prepare separate time entries for each service performed each day (i.e., daily time descriptions could be compiled together in a single summary). The attached Exhibits B-1 and B-2 provide: (a) a summary of the number of hours of service rendered by each professional and paraprofessional and their hourly rate during the Fourth Interim Fee Period; and, (b) a summary of the expenses and other fees incurred during the Fourth Interim Fee Period. 18. The attached Exhibits C-1, C-2, C-3 and C-4 include a summary and the full and complete copy of each Monthly Fee Statement for the Fourth Interim Fee Period. 19. With respect to the Monthly Fee Statements relating to the Fourth Interim Fee Period, as of the date hereof, KZCS has received $6,872,817.47 from the Debtors for the fees earned and expenses incurred by KZCS, representing 80 percent of the fees and 100 percent of the expenses incurred and submitted by KZCS in the statements. 20. On July 7, 2005, Stephen Cooper (Cooper) and Leonard LoBiondo (LoBiondo) were appointed to the Debtors Board of Directors (the Board). Cooper is an Executive Managing Director and LoBiondo is a Senior Managing Director of Kroll Zolfo Cooper LLC, an affiliate of KZCS, and Cooper and LoBiondo are two of the three members of KZCS. Since the appointment of Cooper and LoBiondo to the Board, KZCS has been invoicing the Debtors separately, on an hourly basis plus applicable expenses, for the time Cooper and LoBiondo have incurred undertaking their responsibilities as members of the Board. With respect to the time and expenses incurred during the Fourth Interim Fee Period by Cooper and LoBiondo in their capacities as members of the Board, KZCS has invoiced and collected from the Debtors a total of $359,715.06, representing $346,216.00 in fees and $13,499.06 in expenses. Pursuant to the Court approved agreement reached by and among KZCS, the Debtors and the United States trustee, the fees and expenses incurred by Cooper

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and LoBiondo in their capacity as members of the Board are not required to be included for review and approval in connection with this or any subsequent fee application in the chapter 11 cases. Reasonable and Necessary Services Rendered by KZCS - General 21. KZCS provided a broad range of management and restructuring services to the Debtors during the Fourth Interim Fee Period. The activities of and services performed by KZCS during the Fourth Interim Fee Period, as described in this Fourth Interim Fee Application, were consistent with KZCSs duties and responsibilities as outlined in the Services Agreement. 22. During the Fourth Interim Fee Period, KZCS professionals and para-professionals expended a total of 16,944.5 hours in performing the services outlined herein. Based on the KZCS hourly rates for services of the type provided during the Fourth Interim Fee Period, and the services performed by each individual, the total reasonable value of such services is $7,630,948.00. 23. In accordance with the factors enumerated in section 330 of the Bankruptcy Code, the amount of fees requested is fair and reasonable given: (a) the complexity of the chapter 11 cases; (b) the time expended; (c) the nature and extent of the services rendered; (d) the value of such services; and (e) the costs of comparable services other than in a case under the Bankruptcy Code. See, e.g., In re Moss, 320 B.R. 143, 156-57 (Bankr. E.D. Mich. 2005); In re Ray, 314 B.R. 643, 662-63 (Bankr. M.D. Tenn. 2004); In re Chary, 201 B.R. 783, 787-88 (Bankr. W.D. Tenn. 1996). 24. Attached as Exhibit D to this Fourth Interim Fee Application are brief biographical profiles of the KZCS professionals who provided services to the Debtors during the Fourth Interim Fee Period. Reasonable and Necessary Services Rendered by KZCS - Summary 25. As has been articulated in numerous pleadings and Court hearings, the Debtors chapter 11 cases are exceedingly complex and challenging from a financial, operational and legal perspective. At the outset of the chapter 11 cases and throughout the proceedings, there has been an 8
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extraordinary degree of concern and uncertainty as to both the Debtors future and potential creditor recoveries. The fact that the Debtors retained their professionals only a few days before having to file what, at that time, was the largest chapter 11 filing of 2005 in terms of book value of assets, was indicative of, among other things, the severe liquidity crisis, operational dysfunction and management deficiencies faced by the Debtors. Further complicating the Debtors circumstances were the fact that: (a) the Debtors books and records were in disarray; (b) allegations of financial irregularities had been leveled; (c) the quality of the Debtors personnel in all departments was suspect; and (d) the industry within which the Debtors operate was beginning to experience severe distress. 26. KZCS assumed its role and responsibilities in the midst of this emerging crisis. The severity of the situation required KZCS to perform a broad range of restructuring and management support services designed, in the initial phases of these cases, to: (a) reasonably stabilize the existing environment; (b) prevent immediate and permanent diminution of enterprise value; and (c) create an opportunity to develop restructuring alternatives that would maximize creditor recoveries. 27. From the outset of these chapter 11 cases, KZCS has been instrumental in, among other things, securing the financial resources necessary to allow the Debtors to continue functioning as a going-concern and to preserve creditor recovery alternatives. In connection with its initial assessment of the situation and identification of potential impediments to a successful reorganization, KZCS communicated to all of the key constituencies and parties-in-interest its opinion that one essential element to re-establishing the Debtors as a viable, long-term supplier in the industry, preserving jobs and maximizing the value of the enterprise was to immediately reconstitute the Debtors operating management team, particularly in the Plastics operation, which was the most troubled of the Debtors businesses. The primary purpose of bringing in new

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management was to ensure that the Debtors had capable, experienced industry professionals leading the operational turnaround effort, the results of which would then establish a basis for the Debtors advisors to design and negotiate various restructuring alternatives with the principal creditor constituencies. The new management team would have primary responsibility for delivering operating stability and results while KZCS, along with the Debtors other restructuring advisors, would be principally responsible for supporting those efforts and, assuming success in stabilizing the operation, designing and delivering a feasible restructuring plan. 28. Shortly after the filing of these chapter 11 cases, the Debtors embarked on their effort to identify appropriate skilled individuals for senior management roles and, in early July 2005, approximately 45 days after the Chapter 11 filings, announced that Frank E. Macher had agreed to serve as Chief Executive Officer. Mr. Macher joined the Debtors with approximately 40 years of experience in the industry, having worked previously as a senior executive for one of the Debtors primary customers as well as for other Tier 1 suppliers. Mr. Macher was well regarded and respected within the automotive community and was the first step in the Debtors effort to reconstitute their operating management team. 29. With Mr. Macher in place and working to recruit other industry veterans to the Debtors senior management team, KZCS was able to devote its immediate attention to, among other things, securing financing and other forms of financial support so that the Debtors had access to sufficient financial resources to work towards rehabilitating the Debtors operations and maximizing value for creditors. 30. From the outset of these cases, the Debtors, primarily as a result of efforts by KZCS and the Debtors other restructuring advisors, made measurable progress in a number of areas, most notably in securing emergency liquidity enhancements through the negotiation of significant price

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increases, incremental funding support and other critical accommodations from their six primary customers. However, those accomplishments alone, although substantial, did not guarantee that the Debtors would be able to successfully emerge from chapter 11 as a stand-alone enterprise or, in the alternative, to achieve significant creditor recoveries through a sale or sales of their businesses. From the beginning of these cases, it was clear to all creditor constituencies and other parties-ininterest, including the Debtors primary customers, that the success of these cases would largely be measured by whether the operations would respond to the turnaround measures expected to be put in place by the Debtors new operating management team. In short, for the Debtors to demonstrate to all parties-in-interest that they could be a viable and sustainable stand-alone enterprise, severe operational problems in the Debtors Plastics operations, significant personnel deficiencies (in terms of quality and depth of personnel throughout the organization) and a host of other extraordinary challenges needed to be addressed and resolved in a satisfactory manner by the Debtors new operating management team. 31. The scope and depth of the services provided by KZCS from the inception of the cases through and including the Fourth Interim Fee Period were necessitated by, among other factors: (a) the Debtors initial and continuing liquidity challenges; (b) the limitations of the Debtors management team and support resources (particularly in, but not limited to, the Debtors accounting and finance functions); (c) the ongoing problems in the Debtors Plastics operations (which by the Fourth Interim Fee Period had not responded as anticipated to the turnaround measures implemented by the Debtors new operating management team, thereby putting more stress on liquidity and limiting the Debtors ability to pursue certain restructuring alternatives); (d) the adversarial environment that was created by the exigent circumstances of the Debtors situation (and that

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continued to exist during the Fourth Interim Fee Period); and (e) the urgent need to develop a viable plan that could align the Debtors situation with realistic expectations for creditor recoveries. 32. The activities performed by and the results achieved by KZCS during the Fourth Interim Fee Period, and throughout the course of these chapter 11 cases, have been instrumental in providing the Debtors with the opportunity to improve operating performance and consider a range of restructuring alternatives. From the inception of these cases through the Fourth Interim Fee Period, KZCS has been principally responsible for securing the infusion of approximately $688 million of incremental funds for use in operations, including rebuilding of the Debtors working capital position, representing the aggregate of the following: (a) first lien, super priority DIP financing of $150 million; (b) customer administrative claim financing of $30 million; (c) subordinated customer DIP financing of $82.5 million; (d) initial customer pricing surcharges of $82.5 million; (e) supplemental customer pricing surcharges of $59 million; (f) customer capital expenditure, launch and tooling funding of $74 million; (g) contract price increases for the fourth quarter of 2005 of $35 million; (h) contract price increases for January through August 2006 of approximately $90 million; and (i) miscellaneous settlements and recoveries of approximately $85 million. Furthermore, KZCS was principally responsible for a number of asset sales and other recoveries that, as of the end of the Fourth Interim Fee Period, have accumulated an additional approximately $36 million of funds set aside in restricted accounts, and accessible for operating purposes under certain conditions. The financings and accommodations that KZCS and the Debtors other restructuring advisors have been able to secure in these cases are without precedent when compared to other automotive supplier chapter 11 cases and have served to provide the Debtors with a reasonable opportunity to implement operational improvements and evaluate a range of restructuring and creditor recovery strategies, including emerging from chapter 11 as a stand-alone entity. The accomplishments of KZCS in this

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area in particular became much more critical to the Debtors and to creditor recovery opportunities during the Fourth Interim Fee Period as it started to become evident that the Debtors operating management team was not achieving success in revitalizing the Plastics business as anticipated, resulting in underperformance in comparison to the budget prepared and promoted at the beginning of 2006. 33. During the Fourth Interim Fee Period, in addition to continuing to address ongoing liquidity needs and supporting the Debtors operating management team in their turnaround endeavors, KZCS maintained responsibility for executing a broad range of activities relating to the restructuring of a number of core internal functions and processes (outside of ongoing manufacturing operations, for which the Debtors operating management team continued to have responsibility). These functions and processes, through sustained neglect and/or mismanagement, had contributed significantly to the Debtors financial problems and needed to be repaired for the Debtors to function effectively on a day-to-day basis. Furthermore, KZCS was responsible for directing and executing a significant volume of activities relating to the identification and analysis of viable restructuring alternatives as well as the investigation of issues anticipated to have an impact on the structure and timing of various restructuring scenarios. The Debtors continued operating challenges complicated these efforts, with the resulting lack of operating stability creating obstacles, in particular, to constructing a viable and feasible stand-alone restructuring plan. 34. KZCSs specific activities and accomplishments in all areas are detailed in this Fourth Interim Fee Application and demonstrate the significant value that KZCS provided to these chapter 11 estates during the Fourth Interim Fee Period in preserving the enterprise and establishing a platform for maximizing creditor recoveries.

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35. For purposes of summarizing the services provided and the activities performed by KZCS during the Fourth Interim Fee Period, KZCS identified the following categories (each, a Service Category) as representing the primary areas of KZCSs responsibilities and involvement: (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) Financial Forecasting; Cash and Liquidity Management; DIP Financing; Vendor Management; Receivables Management; Strategic and Business Planning; Plastics Operations; Fabrics Wind Down; Convertibles Business; Contract Pricing; Customer Negotiations; Non-Core Asset Sales; Capital Expenditure, Launch and Tooling Costs; Leases and Executory Contracts; Pensions and Retiree Benefits; Financial Reporting and Chapter 11 Compliance; European Administration and Recovery; Claims Analysis and Administration; Restructuring and Plan of Reorganization; General Management; Corporate Governance; Creditor Communications; 14
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(w) (x)

Bankruptcy Court Hearings; and Case Administration and Management.

36. In Paragraphs 37 through 60 herein are descriptions of the principal activities performed by KZCS and the key accomplishments under each Service Category. Supplemental information regarding the specific activities of individual KZCS professionals and para-professionals during the Fourth Interim Fee Period is located in the daily time log detail that supports and is a part of the Monthly Fee Statements at Exhibits C-1, C-2, C-3 and C-4 of this Fourth Interim Fee Application. 37. Financial Forecasting KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) implemented procedures and led process for the ongoing production and refinement of short-term (13 week) cash flow forecasts and supporting assumptions utilized for management purposes and to satisfy reporting requirements under the DIP financing agreements; performed scenario analyses utilizing short-term cash flow modeling tools to assess impact of variations in principal assumptions, measure potential liquidity risks and estimate incremental near-term funding needs; and assisted the Debtors operating management team in establishing procedures, conducting due diligence activities and performing analyses to modify, as necessary, the Debtors 2006 operating plan to re-set performance expectations given the continuing operating challenges within the Debtors Plastics business.

(b)

(c)

38. Cash and Liquidity Management KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) prepared daily and weekly liquidity reports to facilitate assessment of current and forecasted liquidity position and identified strategies to maintain liquidity sufficient to avoid potential interruptions in operations; 15
K&E 11262007.3

(b)

managed processes for requesting and accessing funds made available through various post-petition financing, funding and pricing mechanisms; implemented and refined procedures for gathering and validating data relating to daily cash activities; maintained responsibility for developing and managing database of detailed daily cash receipts and disbursements information; produced and refined weekly actual-to-forecast cash flow reports to allow for ongoing, timely assessment of cash flow performance; implemented and refined processes for investigating significant variances from forecasted cash flow performance and implementing strategies for corrective action; designed and implemented process for tracking payments of customer price increases, surcharges and retro-active payments required under the terms of customer agreements; designed, developed and produced various weekly cash disbursement reports to facilitate analyses of expenditures on a plant-by-plant basis; organized and led daily cash disbursement meetings with the Debtors corporate, divisional and plant managers to broaden understanding of cash flow performance, establish accountability measures and improve management of daily cash position; implemented and refined enhanced controls over expenditure authorizations; designed, developed and produced tracking reports monitoring capital expenditures and restructuring costs and reconciled report activity to financial statements and other internal reports; managed post-petition receivables portfolio on a daily basis to ensure that all customers were remitting funds within standard or modified terms and led process of initiating action in instances where post-petition customer receivables were outside of agreed-upon terms; and assisted in the refinement of customer payment application processes to minimize the magnitude of, and the risks associated with, unapplied cash receipts.

(c) (d) (e)

(f)

(g)

(h)

(i)

(j) (k)

(l)

(m)

16
K&E 11262007.3

39. DIP Financing KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) scheduled, structured, prepared and led periodic presentations to the DIP agent and the DIP Lenders regarding the Debtors operating performance, key restructuring issues and significant case developments; monitored liquidity position and cash flow performance in relation to DIP financing covenants, prepared required weekly reports for delivery to the agent for the DIP Lenders and prepared documentation necessary to support weekly financial officer representations and certifications; monitored financial performance and prepared required monthly financial statements and supporting materials for delivery to the agent for the DIP Lenders in satisfaction of DIP financing reporting requirements and prepared documentation necessary to support monthly financial officer representations and certifications; negotiated terms and conditions of the fourth amendment to the DIP financing agreement, including provisions for the use of certain asset sales proceeds for operating purposes and modification of various covenants and other terms to allow for greater operating flexibility, and led process to obtain approval of the amendment from the Creditors Committee and this Court; and executed transactions that, per the terms of prior amendments to the DIP financing agreement, resulted in an aggregated paydown of $9 million of the outstanding DIP financing obligations.

(b)

(c)

(d)

(e)

40. Vendor Management KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) provided guidance to purchasing personnel in regards to vendor questions and issues relating to claims and payments for post-petition shipments;

17
K&E 11262007.3

(b) (c)

provided guidance to purchasing personnel regarding parameters for negotiating terms with vendors; assisted in negotiating financial arrangements, including credit terms, with vendors to ensure continued flow of raw materials and purchased parts necessary to maintain production schedules; assisted in discussions and negotiations with various vendors regarding migration from deposit and cash-in-advance payment arrangements based on pro-forma invoices to more normalized processes to improve controls over payables and accounting, enhance liquidity and increase predictability of cash flows; assisted in discussions and negotiations with vendors regarding the maintenance or improvement of existing credit terms, resulting in the build-up of post-petition trade credit to approximately $40 million; consulted with purchasing personnel regarding various potential raw material and purchased part re-sourcing assessments; assisted purchasing personnel in addressing periodic issues critical to improving overall vendor relationships; and assisted the Debtors restructuring counsel in responding to motions of vendors for relief from the automatic stay and in negotiating agreements with vendors to resolve various other issues.

(d)

(e)

(f) (g) (h)

41. Receivables Management KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) managed collection activities on pre-petition receivables, including negotiations with customers relating to potential settlements, resulting in the reduction of outstanding amounts owed by the Debtors under a pre-petition financing arrangement with General Electric Capital Corporation (GECC) from approximately $127 million as of the Petition Date to approximately $4 million at the end of the Fourth Interim Fee Period, representing net collections of $123 million (approximately $10 million of which represented collections and recoveries during the Fourth Interim Fee Period); finalized negotiations with two customers on outstanding prepetition receivable settlements and filed stipulations that, once 18
K&E 11262007.3

(b)

approved by the Court, would result in the recovery of an additional $5 million subsequent to the end of the Fourth Interim Fee Period, effectively extinguishing all remaining obligations under the GECC arrangement and providing residual funds to the Debtors; (c) initiated a formal process with certain of the Debtors primary customers to reconcile pre-petition receivable balances, which process included the development of a database to facilitate the analysis, manipulation and matching of a significant volume of electronic information from both the Debtors and customers records; maintained responsibility for managing concentrated effort on collection of pre-petition receivables pledged as collateral for the GECC pre-petition financing arrangement to: (i) ensure fulfillment of collection responsibilities under the arrangement; (ii) facilitate the pay down of the remaining balance owed; and (iii) maximize prospects for residual recovery to the Debtors; facilitated ongoing monitoring requirements of GECCs financial advisors; managed a reconciliation process with GECC to monitor misdirected payments relating to post-petition receivables and assessed need for reimbursement from GECC (with such reimbursements since the Petition Date aggregating to $26 million); organized and managed extensive discussions with customer representatives and customer financial advisors regarding the process and action plan for the resolution of unapplied cash relating to post-petition customer remittances; managed and monitored ongoing communications with customer representatives to minimize the time period between customer remittances and delivery of supporting documentation, resulting in an overall reduction in average unapplied cash on a daily basis from approximately $100 million at the end of the Third Interim Fee Period to approximately $25 million; and designed and implemented a weekly reporting mechanism to monitor post-petition receivable balances, identify invoices outside of agreed terms and facilitate process for appropriate follow-up and resolution.

(d)

(e) (f)

(g)

(h)

(i)

19
K&E 11262007.3

42. Strategic and Business Planning KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) assisted the Debtors operating management team in the continued assessment of the Debtors business model and the ongoing development of turnaround and operational restructuring alternatives, including plant consolidation and rationalization strategies and other cost reduction initiatives; participated in regular, weekly senior management meetings and frequent smaller group meetings to discuss operational challenges, opportunities for improvement of operating performance and a broad range of strategic, operational and financial issues; assisted the Debtors operating management team in analyzing and tracking the implementation of cost reduction initiatives in areas of raw material usage and costs, purchased parts, labor rates and productivity, plant and equipment leases, plant and corporate overhead and other key cost areas; provided assistance and support to the Debtors operating management team in performing research and analyses regarding plant closure and consolidation alternatives; and assisted the Debtors operating management team in the ongoing process of identifying and implementing incremental action steps necessary to enhance financial stability, improve operating performance and maximize the value of the Debtors enterprise.

(b)

(c)

(d)

(e)

43. Plastics Operations KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) assisted the Debtors Plastics management team in designing and implementing enhanced internal control and reporting mechanisms to improve quality and timeliness of financial and operational information by plant; developed and implemented a comprehensive reporting process to monitor daily and monthly operating performance at all 23 Plastics plants in North America, consisting of 24 daily metrics 20
K&E 11262007.3

(b)

and 36 monthly metrics measuring quality, material usage, labor efficiency, product delivery and other key standards; (c) structured and led numerous training sessions with the Debtors Plastics management team, including plant leadership, regarding understanding and utilizing the new daily and monthly operating reports; conducted numerous plant visits to Plastics facilities and assisted the Debtors Plastics management team in identifying potential operational and other performance issues; assisted the Debtors Plastics management team in monthly review of operating performance, gaining an understanding of the root causes of variances from the 2006 operating plan and refining forecasts of and expectations for future performance; assisted the Debtors Plastics management team in documenting and tracking cost saving initiatives by plant; and at the request of the Debtors Plastics management team, assumed interim plant controller responsibilities at several Plastics plants due to unanticipated turnover of personnel and assisted in identifying qualified permanent replacements and transitioning functions to those individuals.

(d)

(e)

(f) (g)

44. Fabrics Wind Down KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) assumed responsibility for executing all aspects of the wind down of the Fabrics business unit, including coordination of customer program transition, collection of receivables and resolution of daily ad hoc issues; designed procedures to measure, control and manage the Fabrics wind down process with the objective of maximizing asset recoveries and minimizing operating and wind down costs; coordinated and monitored the activities of the third party liquidator regarding asset dispositions, including due diligence requests, asset ledger management, negotiations with facility landlords and review of all proposed transactions for reasonableness;

(b)

(c)

21
K&E 11262007.3

(d) (e)

produced weekly cash flow forecasts and actual-to-forecast reports for the Fabrics wind down process; secured program close-out price increases from one major customer resulting in increased wind down recoveries of approximately $750,000; managed process for the sale of the El Paso facility and the paint roller business, including supporting buyer due diligence, assisting in negotiations with potential acquirers and assisting counsel in preparing the final sale documents, with net result well in excess of orderly liquidation value; and achieved initial net proceeds from the wind down of approximately $16 million, well in excess of forecasted results, with additional net proceeds anticipated subsequent to the end of the Fourth Interim Fee Period.

(f)

(g)

45. Convertibles Business KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) performed ongoing evaluation of potential operational restructuring alternatives, including objective assessment of viability, benefits and risks of each possible option; supported ad hoc information and analysis needs of the Debtors investment bankers in their marketing of the Convertibles business unit for sale; participated in negotiations with principal Convertibles customers regarding outstanding pricing, commercial and other business issues relevant to maximizing the value of the business to potential third-party buyers; and assisted counsel in developing strategies for addressing and resolving outstanding patent litigation issues relating to the Convertibles business.

(b)

(c)

(d)

46. Contract Pricing KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows:

22
K&E 11262007.3

(a)

prepared a comprehensive profitability and pricing analysis supporting a $42 million annual price increase request to a major customer relating to a stand-alone facility in Mexico and assisted in meetings with the customer to review the analysis and initiate re-pricing negotiations; performed ongoing analyses relating to pricing on all significant contracts for purposes of determining whether incremental price increase requests would be justifiable in future pricing and commercial negotiations with the Debtors major customers; and assisted in refining the Debtors pricing model constructed to facilitate pricing negotiations for potential future programs.

(b)

(c)

47. Customer Negotiations KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) led daily interaction with the customers financial advisors and representatives regarding a wide variety of financial and operating issues; assisted the Debtors customer relationship managers in frequent negotiations with customers regarding outstanding commercial issues, resulting in total recoveries of approximately $15 million (bringing aggregate recoveries from customers on commercial issues since the inception of the chapter 11 cases to approximately $85 million); analyzed all outstanding pre-petition and post-petition commercial and contractual issues with each major customer in connection with the preparation of detailed draft customer agreements; and developed draft customer agreement term sheets to facilitate substantive negotiations regarding both the issues that needed to be resolved with each major customer to create a viable plan of reorganization and the modified terms and conditions under which the Debtors desired to operate with each major customer upon emergence from chapter 11.

(b)

(c)

(d)

23
K&E 11262007.3

48. Non-Core Asset Sales KZCS principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) assisted in the negotiation and closure of the sale of a joint venture interest to the Debtors joint venture partner for total proceeds of $13 million, including the payment of outstanding receivables of approximately $9 million; assisted in managing the sale process relating to two non-core production plants, including development of a list of potential buyers, accumulation of information required by interested parties and facilitation of third-party due diligence efforts; assisted in the assessment of offers and the evaluation of alternatives relating to the proposed sale of the two non-core production plants.

(b)

(c)

49. Capital Expenditure, Launch and Tooling Costs KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) (b) (c) coordinated and negotiated with third-party tooling vendors regarding payment terms and tool release requirements; assisted in the refinement of budgets by program for anticipated capital expenditure, launch and tooling costs; managed databases detailing customer advance fundings under the capital expenditure, launch and tooling protocol and disbursement activity from segregated customer accounts; maintained and produced reports summarizing the status of customer advance fundings under the capital expenditure, launch and tooling protocol and detailing disbursement activity from segregated customer accounts; identified action steps necessary to, among other things, enhance controls over management of tooling activity related to $400 million of open customer tooling purchase orders and address outstanding third-party vendor issues;

(d)

(e)

24
K&E 11262007.3

(f)

managed a consolidated tooling cash flow and financial forecast model, incorporating data from customer tooling purchase order databases and other disparate information systems; established and implemented tooling program management procedures designed to ensure timely data input, enhance data integrity and facilitate cash flow forecasting efforts; implemented procedures and developed a database for tracking internal and third-party vendor tooling commitments and billings; led reconciliation of pre-petition tooling receivables in connection with ongoing discussions with the customers regarding a resolution of outstanding pre-petition receivables issues; and served as principal information resource for the Debtors restructuring counsel regarding customer tooling matters, including vendor lien issues and various motions of tooling vendors for relief from the automatic stay.

(g)

(h) (i)

(j)

50. Leases and Executory Contracts KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) (b) assisted in maintaining detailed databases of executory contracts and leased and owned facilities and equipment; assisted in analyzing equipment capacity and utilization in connection with assessing alternatives for equipment deployment and lease assumption and rejection decisions; analyzed equipment appraisal reports and developed strategy and parameters for negotiations with lessors; assisted in researching and analyzing alternatives for leased equipment and facilities and prepared restructuring proposals to facilitate negotiations with lessors; structured and managed process to facilitate due diligence efforts and satisfy information requirements of multiple equipment and facility lessors; participated in lease restructuring negotiations with various lessors and landlords;

(c) (d)

(e)

(f)

25
K&E 11262007.3

(g)

assisted in identifying executory contracts for potential rejection and served as primary information source for the Debtors restructuring counsel in preparing pleadings and supporting exhibits relating to various lease and contract issues; and assisted in calculating or estimating cure costs and unsecured claims resulting from a variety of contract and lease assumption and rejection scenarios.

(h)

51. Pensions and Retiree Benefits KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) identified and analyzed alternatives for addressing under-funded U.S. and Canadian pension and retiree health obligations, including an objective assessment of the benefits, risks and costs of potential scenarios; completed analyses of the benefits of freezing the defined benefit pension plan for non-union employees and structuring a 401K defined contribution plan as a replacement thereto and assisted in the implementation of both the freeze and the replacement plan effective June 30, 2006; facilitated due diligence efforts of the Pension Benefit Guaranty Corporation related to the Debtors financial results and projections; and assisted advisors to the secured lenders, Creditors Committee and prospective investors with due diligence relating to pension obligations and retiree benefits issues.

(b)

(c)

(d)

52. Financial Reporting and Chapter 11 Compliance KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) managed reporting and compliance process to ensure ongoing segregation of pre-petition and post-petition activity and balances within the Debtors books and records; managed procedures and resources to gather, analyze and summarize asset, liability and other financial information

(b)

26
K&E 11262007.3

necessary to ensure timely ongoing compliance with the United States trustee and Bankruptcy Court filing requirements; (c) organized and coordinated preparation of detailed Monthly Operating Reports for the Debtors for each monthly period during the Fourth Interim Fee Period; examined and analyzed balance sheet accounts to identify potential liquidity enhancement opportunities and resolve various general ledger reconciliation issues; assisted in the ongoing refinement and restructuring of procedures for the month-end closing of books and records; enhanced processes and information flow to facilitate the ongoing preparation of monthly narrative explanations of financial results by operating division and by plant, emphasizing facilities with the greatest variances from the 2006 operating plan assisted management in monitoring and measuring financial performance by operating division and plant; assisted in preparing internal monthly financial statements, analyzing operating performance and presenting results to senior management and the Board; assisted in drafting and preparing various filings with the Securities and Exchange Commission (SEC); and supported the efforts of various parties-in-interest and their advisors in developing a detailed understanding of monthly financial performance.

(d)

(e) (f)

(g) (h)

(i) (j)

53. European Administration and Recovery KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows:2 (a) participated in conference calls and in-person meetings with the Administrator to understand the Administrators strategy with respect to liquidating remaining assets, resolving creditor claims

Prior to the initiation of a group-wide Administration proceeding by the Debtors European subsidiaries on July 15, 2005, KZCS provided direct management and advisory services to the Debtors for the Debtors European operations. Once the Debtors European entities were in Administration, the Debtors no longer had authority to manage or control those assets. The services that KZCS provided to the Debtors relating to the European entities after the initiation of the Administration, including all services provided in this area during the Fourth Interim Fee Period, related only to managing the Debtors position as a significant creditor in the European Administration process.

27
K&E 11262007.3

issues, initiating distributions to creditors and addressing other case issues; (b) participated in conference calls and in-person meetings with representatives of the Administrator to review draft intercompany claims and understand the requirements and process for filing claims against the Debtors former European subsidiaries in UK Administration; organized process to research the activities giving rise to intercompany balances with the Debtors former European subsidiaries in UK Administration and locate any relevant supporting documentation; compiled, reviewed and organized voluminous documentation relating to intercompany claims against the Debtors former European subsidiaries in UK Administration; prepared 47 individual claims against 19 of the Debtors former European subsidiaries in UK Administration representing aggregate claims of approximately $350 million with an estimated recovery range of $58 to $70 million; monitored payments made by the Administrator under the transition services agreement relating to support services provided by the Debtors to their former European subsidiaries in UK Administration; developed and refined a financial model in conjunction with the Administrator for forecasting and analyzing the Debtors potential claim recoveries under various scenarios based on assumed proceeds from liquidation, the costs of the Administration and claims estimates by country.

(c)

(d)

(e)

(f)

(g)

54. Claims Analysis and Administration KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) (b) assisted in structuring and implementing processes for claims reconciliation and a methodology for claims estimation; assisted in preparing periodic claims reports, support schedules and presentations to facilitate the monitoring of the claims reconciliation and estimation process;

28
K&E 11262007.3

(c)

assisted in analysis of a database of the Debtors scheduled claims and filed proofs of claims resulting in matching and recategorizing as unsecured claims over 500 alleged secured and priority claims with an aggregate claim value in excess of $90 million; and provided technical and analytical support to the Debtors personnel performing detailed claims reconciliations.

(d)

55. Restructuring and Plan of Reorganization KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) performed ongoing evaluation of potential restructuring alternatives, including objective assessment of the viability, benefits and risks of each possible option; maintained principal responsibility for compiling substantive information and materials about the Debtors assets, operations and financial performance in connection with maintaining an updated electronic data room established to facilitate due diligence efforts of both potential acquirors of the Debtors assets and operations and possible equity sponsors of a restructuring plan; assisted in negotiating terms and conditions of confidentiality agreements with numerous parties considering acquiring the Debtors assets or operations or participating as an equity sponsor of a restructuring plan; participated in conference calls and in-person meetings with various parties interested in assessing the opportunity to either acquire the Debtors assets or operations or participate as an equity sponsor of a restructuring plan; supported ad hoc requests for information and analyses by the Debtors investment bankers in marketing the Debtors business units and soliciting interest from parties to invest in the Debtors in conjunction with a restructuring plan; analyzed restructuring proposals received from various parties considering either a purchase of the Debtors assets or operations or an investment in the Debtors in conjunction with a restructuring plan and participated in term sheet negotiations with selected parties; 29
K&E 11262007.3

(b)

(c)

(d)

(e)

(f)

(g)

analyzed the viability of various restructuring proposals, including assessing working capital requirements, estimating the range of equity infusion needs, evaluating other requirements necessary to structure a feasible reorganization plan and measuring the potential range of creditor recoveries under various scenarios; performed a preliminary evaluation of possible impediments to an accelerated emergence from bankruptcy protection (including, but not limited to: pension, environmental and Department of Justice and SEC investigation issues) and assessed action steps necessary to mitigate the risk of potential delays in the emergence; refined preliminary financial model and facilitated due diligence efforts of the advisors to the Creditors Committee relating to substantive consolidation issues; continued to assess potential preference and fraudulent conveyance actions with the Debtors restructuring counsel; served as the primary business and decision-making resource for the Debtors restructuring counsel in strategizing, proposing and implementing resolutions to various ad hoc ordinary course operating and financial issues, as well as on all restructuringrelated matters; structured and led exploratory meetings and subsequent negotiations with the Debtors principal creditor constituencies regarding the terms of various stand-alone restructuring alternatives, including the conversion of secured debt to equity and exit financing possibilities; assisted in drafting, refining and finalizing the Debtors plan of reorganization and disclosure statement in support thereof filed on August 30, 2006; prepared hypothetical liquidation analysis for purposes of measuring the Debtors ability to meet the best interest of creditors standard in connection with the proposed stand-alone plan of reorganization.

(h)

(i)

(j) (k)

(l)

(m)

(n)

56. General Management KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows:

30
K&E 11262007.3

(a) (b) (c)

assisted the Debtors personnel in all corporate departments in day-to-day support processes; assisted in evaluating management personnel and assessing resource needs; assisted in interviews and assessments of candidates for key middle management positions in connection with the strategic objective to upgrade overall quality and depth of management and operations teams and led process for obtaining necessary approvals of proposed management contracts; assisted the Debtors management in addressing issues relating to various corporate insurance policy renewals; assisted in ongoing discussions with SEC investigation and finance personnel regarding the Debtors overall financial circumstances and other factors central to the SECs evaluation of whether to assess fines or other sanctions on the Debtors; monitored status and progress of Canadian tax court proceedings with regards to an outstanding $12 million tax assessment from the Canada Revenue Agency; assisted in supporting the Internal Revenue Service in on-site work in regards to its examination of the Debtors tax returns for the tax years 2001 through 2004; participated in meetings with and presentations to employees regarding bankruptcy issues, restructuring strategies and status updates; and assisted in drafting and reviewing press releases and internal communications materials.

(d) (e)

(f)

(g)

(h)

(i)

57. Corporate Governance KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) consulted with the Debtors management on a daily basis and provided related support with respect to ordinary course finance, operations, personnel and other management decisions; prepared analyses and related materials for distribution to the Board for informational purposes, to facilitate an understanding of critical issues, to provide updates on the status of various key 31
K&E 11262007.3

(b)

initiatives and to support Board oversight and decision-making processes; (c) (d) (e) developed agendas for and participated in conference calls of the Restructuring Committee of the Board; developed agendas for and participated in Board conference calls and in-person meetings; and apprised and updated the Board on a regular basis regarding the scope and depth of ongoing activities of KZCS and other outside advisors.

58. Creditor Communications KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) managed processes to satisfy extensive ongoing due diligence and information requirements of legal and financial advisors to the pre-petition secured lenders, the DIP Lenders and the Creditors Committee; managed various protocols with advisors to the Creditors Committee to ensure efficient and timely response to information and meeting requests; organized, structured and developed presentations for regular conference calls and in-person meetings with representatives of and advisors to the pre-petition secured lenders, the DIP Lenders and the Creditors Committee; organized and structured periodic meetings between selected personnel of the Debtors and financial advisors to the pre-petition secured lenders, the DIP Lenders and the Creditors Committee; and maintained daily ad hoc communications with financial advisors to various constituencies regarding liquidity, operating performance and a broad range of operating, financial and restructuring issues.

(b)

(c)

(d)

(e)

59. Bankruptcy Court Hearings KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: 32
K&E 11262007.3

(a)

served as the primary testimony resource for contested and uncontested matters, providing deposition and Court testimony on numerous occasions on a broad range of issues relating to the Debtors viability, performance, strategy and proposed financing arrangements; prepared for and attended all Court hearings relating to the Debtors cases, assisting the Debtors restructuring counsel in resolving questions raised by the Honorable Judge Rhodes and other parties; and assisted the Debtors restructuring counsel in assessing case developments and upcoming issues.

(b)

(c)

60. Case Administration and Management KZCSs principal activities and accomplishments under this Service Category during the Fourth Interim Fee Period were as follows: (a) served as principal liaison and resource for the Debtors restructuring counsel relating to operations, financing, personnel and other management issues; reviewed and provided input to the Debtors restructuring counsel regarding the Debtors court filings; drafted and revised affidavits of personnel from the Debtors and KZCS in support of various Court filings; structured and led daily conference call with the Debtors advisors to facilitate coordination and communication, monitor critical issues, develop strategies, assign responsibilities, establish priorities and ensure efficient management of resources and professional costs; maintained responsibility for review and analysis of monthly fee statements of the advisors for the Debtors and the Creditors Committee, maintained segregated professional fee trust account, managed professional fee payment process and regular monthly reporting to the Board regarding professional fees and strategies to manage the activities of all advisors and related costs to the Debtors estate; and established and implemented procedures to ensure ongoing compliance by the Debtors with this Courts orders.

(b) (c) (d)

(e)

(f)

33
K&E 11262007.3

Actual and Necessary Expenses 61. Attached as Exhibit B-2 to this Fourth Interim Fee Application is a summary of the outof-pocket expenses and direct costs incurred by KZCS during the Fourth Interim Fee Period for which reimbursement is sought. KZCSs request for reimbursement of out-of-pocket expenses and direct costs incurred during the Fourth Interim Fee Period totals $768,059.07. 62. It is KZCSs policy to charge its clients in all areas of practice for identifiable, non-overhead expenses incurred in connection with the representation of the client that would not have been incurred except for representation of that particular client. It is KZCSs policy to generally charge its clients the amount incurred by KZCS in connection with such items. Examples of such expenses are postage, overnight mail, courier delivery, computer assisted legal research, photocopying, out-going facsimile transmissions, airfare and lodging. With respect to airfare expenses, all travel, by all individuals, is billed at the coach class rate with the allowance of class upgrades. Representations 63. This Fourth Interim Fee Application is KZCSs fourth summary fee application pursuant to the Interim Compensation Order, covering the period from May 1, 2006 through August 31, 2006. Although every effort has been made to include all fees and expenses from the Fourth Interim Fee Period in this Fourth Interim Fee Application, some fees and expenses from the Fourth Interim Fee Period might not be included due to delays caused by accounting and processing procedures. KZCS reserves the right to make further application to the Court for allowance of additional fees and expenses incurred during the Fourth Interim Fee Period, but not included herein. 64. The total time spent by KZCS during the Fourth Interim Fee Period was 16,944.5 hours, including 16,027.3 professional hours and 917.2 para-professional hours, which represents fees of $7,630,948.00. The average hourly rate for the services rendered was $450.35. 34
K&E 11262007.3

65. KZCS incurred out-of-pocket expenses and direct costs in the amount of $768,059.07 during the Fourth Interim Fee Period and requests reimbursement thereof. 66. In summary, by this Fourth Interim Fee Application, KZCS requests allowance and payment of fees and expenses in the total amount of $8,399,007.07, consisting of: (a) $7,630,948.00 for the actual, reasonable and necessary professional services rendered by KZCS on behalf of the Debtors (representing 100 percent of fees for services rendered, including the 20 percent previously held back pursuant to the Interim Compensation Order); and (b) $768,059.07 for actual and necessary costs and expenses (representing 100 percent of the expenses incurred). KZCS

understands that the Debtors restructuring counsel, Kirkland & Ellis LLP (K&E), has explained to the Office of the United States Trustee that the professionals retained in this case are requesting approval for payment of 100 percent of fees (including the 20 percent held back). KZCS further understands that the Office of the United States Trustee had no objection and pointed K&E to certain cases in the Eastern District of Michigan where this procedure was followed. Moreover, as KZCS continues to represent the Debtors throughout the chapter 11 cases, there will continue to be certain earned fees for which KZCS has not been paid, including fees for which a Monthly Fee Statement has not been submitted and for the 20 percent holdback for those Monthly Fee Statements for which an interim fee application has not been submitted or is still subject to objection. For instance, at the time of filing the Fourth Interim Fee Application, KZCS had not been paid any fees or expenses for September 2006 or October 2006. Accordingly, the estates will remain protected should the Court grant KZCS request for payment of the holdback. WHEREFORE, KZCS respectfully requests the entry of an order, (a) allowing an administrative expense claim for KZCSs compensation and reimbursement for its fees and expenses

35
K&E 11262007.3

incurred during the Fourth Interim Fee Period, (b) authorizing and directing payment of such amounts and (c) granting such other and further relief as is just and proper. Dated: November 13, 2006 KZC SERVICES, LLC AND JOHN R. BOKEN /s/ John R. Boken John R. Boken KZC Services, LLC 101 Eisenhower Parkway 3rd Floor Roseland, New Jersey, 07068 Telephone: (973) 618-5100 Facsimile: (973) 618-9430

36
K&E 11262007.3

EXHIBIT A Retention Orders

K&E 11262007.3

0W[;%&)

0555927050609000000000003

#)

0W[;%'2
0555927050718000000000044

LL

IN THE UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re: COLLINS & AIKMAN CORPORATION, et al.1 Debtors. ) ) ) ) ) ) ) ) Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) (Tax Identification #13-3489233) Honorable Steven W. Rhodes

NOTICE AND OPPORTUNITY TO RESPOND TO THE FOURTH INTERIM FEE APPLICATION OF KZC SERVICES, LLC AND JOHN R. BOKEN FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR RESTRUCTURING SERVICES PROVIDED TO THE DEBTORS FOR THE PERIOD FROM MAY 1, 2006 THROUGH AUGUST 31, 2006 PLEASE TAKE NOTICE THAT KZC Services, LLC and John R. Boken have filed the Fourth Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided to the Debtors for the Period from May 1, 2006 through August 31, 2006 (the Application) pursuant

The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 05-55949; Becker Group, LLC (d/b/a/ Collins & Aikman Premier Mold), Case No. 05-55977; Brut Plastics, Inc., Case No. 05-55957; Collins & Aikman (Gibraltar) Limited, Case No. 05-55989; Collins & Aikman Accessory Mats, Inc. (f/k/a the Akro Corporation), Case No. 05-55952; Collins & Aikman Asset Services, Inc., Case No. 05-55959; Collins & Aikman Automotive (Argentina), Inc. (f/k/a Textron Automotive (Argentina), Inc.), Case No. 05-55965; Collins & Aikman Automotive (Asia), Inc. (f/k/a Textron Automotive (Asia), Inc.), Case No. 0555991; Collins & Aikman Automotive Exteriors, Inc. (f/k/a Textron Automotive Exteriors, Inc.), Case No. 05-55958; Collins & Aikman Automotive Interiors, Inc. (f/k/a Textron Automotive Interiors, Inc.), Case No. 05-55956; Collins & Aikman Automotive International, Inc., Case No. 05-55980; Collins & Aikman Automotive International Services, Inc. (f/k/a Textron Automotive International Services, Inc.), Case No. 05-55985; Collins & Aikman Automotive Mats, LLC, Case No. 05-55969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 05-55978; Collins & Aikman Automotive Services, LLC, Case No. 05-55981; Collins & Aikman Canada Domestic Holding Company, Case No. 05-55930; Collins & Aikman Carpet & Acoustics (MI), Inc., Case No. 05-55982; Collins & Aikman Carpet & Acoustics (TN), Inc., Case No. 05-55984; Collins & Aikman Development Company, Case No. 05-55943; Collins & Aikman Europe, Inc., Case No. 05-55971; Collins & Aikman Fabrics, Inc. (d/b/a Joan Automotive Industries, Inc.), Case No. 05-55963; Collins & Aikman Intellimold, Inc. (d/b/a M&C Advanced Processes, Inc.), Case No. 05-55976; Collins & Aikman Interiors, Inc., Case No. 05-55970; Collins & Aikman International Corporation, Case No. 05-55951; Collins & Aikman Plastics, Inc., Case No. 05-55960; Collins & Aikman Products Co., Case No. 05-55932; Collins & Aikman Properties, Inc., Case No. 0555964; Comet Acoustics, Inc., Case No. 05-55972; CW Management Corporation, Case No. 05-55979; Dura Convertible Systems, Inc., Case No. 05-55942; Gamble Development Company, Case No. 05-55974; JPS Automotive, Inc. (d/b/a PACJ, Inc.), Case No. 05-55935; New Baltimore Holdings, LLC, Case No. 05-55992; Owosso Thermal Forming, LLC, Case No. 05-55946; Southwest Laminates, Inc. (d/b/a Southwest Fabric Laminators Inc.), Case No. 05-55948; Wickes Asset Management, Inc., Case No. 05-55962; and Wickes Manufacturing Company, Case No. 05-55968.

K&E 11474198.1

to the Administrative Order Establishing Procedures for Monthly Compensation and Reimbursement of Expenses for Professionals and Official Committee Members dated June 9, 2005 [Docket No. 290] (the Compensation Procedures Order). PLEASE TAKE FURTHER NOTICE THAT your rights may be affected. You may wish to review the Application and discuss it with your attorney, if you have one in these cases. (If you do not have an attorney, you may wish to consult one.) PLEASE TAKE FURTHER NOTICE THAT in accordance with the Compensation Procedures Order, if you wish to object to the Court granting the relief sought in the Application, or if you want the Court to otherwise consider your views on the Application, no later than December 4, 2006 at 4:00 p.m. prevailing Eastern Time, or such shorter time as the Court may hereafter order and of which you may receive subsequent notice, you or your attorney must file with the Court a written response, explaining your position at:2 United States Bankruptcy Court 211 West Fort Street, Suite 2100 Detroit, Michigan 48226 PLEASE TAKE FURTHER NOTICE THAT if you mail your response to the Court for filing, you must mail it early enough so the Court will receive it on or before the date above. PLEASE TAKE FURTHER NOTICE THAT you must also serve the documents so that they are received on or before December 4, 2006 at 4:00 p.m. prevailing Eastern Time, in accordance with the Compensation Procedures Order, including to:

Response or answer must comply with Rule 8(b), (c) and (e) of the Federal Rules of Civil Procedure.

2
K&E 11474198.1

John R. Boken KZC Services, LLC 101 Eisenhower Parkway 3rd Floor Roseland, New Jersey, 07068 PLEASE TAKE FURTHER NOTICE THAT if no responses to the Application are timely filed and served, the Court may grant the Application and enter the order without a hearing as set forth in Rule 2016-3 of the Local Rules for the United States Bankruptcy Court for the Eastern District of Michigan. Dated: November 13, 2006 KIRKLAND & ELLIS LLP /s/ Marc J. Carmel Richard M. Cieri (NY RC 6062) Citigroup Center 153 East 53rd Street New York, New York 10022 Telephone: (212) 446-4800 Facsimile: (212) 446-4900 -andDavid L. Eaton (IL 3122303) Ray C. Schrock (IL 6257005) Marc J. Carmel (IL 6272032) 200 East Randolph Drive Chicago, Illinois 60601 Telephone: (312) 861-2000 Facsimile: (312) 861-2200 -andCARSON FISCHER, P.L.C. Joseph M. Fischer (P13452) 4111 West Andover Road West - Second Floor Bloomfield Hills, Michigan 48302 Telephone: (248) 644-4840 Facsimile: (248) 644-1832 Co-Counsel for the Debtors 3
K&E 11474198.1

CERTIFICATE OF SERVICE I, Marc Carmel, an attorney, certify that on the 13th day of November, 2006, I caused to be served, by e-mail and by overnight delivery, in the manner and to the parties set forth on the attached service lists, a true and correct copy of the foregoing Fourth Interim Fee Application of KZC Services, LLC and John R. Boken for Compensation and Reimbursement of Expenses for Restructuring Services Provided to the Debtors for the Period from May 1, 2006 through August 31, 2006. Dated: November 13, 2006 /s/ Marc J. Carmel Marc J. Carmel

K&E 11262900.3

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EXHIBIT B-1 Summary of Hours Billed by Professionals and Para-professionals For the Period from May 1, 2006 through August 31, 2006
Professional John Boken William Murphy David Orlofsky Rodney Peckham Charles Carnaval Bret Fernandes Mark Lymbery Richard Mizak Daniel Kerrigan Jon Emswiler Arthur Kaz John Sharpe Lee Smith Lyle Potash Tadd Crane Mark Cervi Dana Frazier Julie Black Puneet Agrawal Elizabeth Kardos Mark Lubin Scott Martinez Christopher Yi Matthew Jackson Nicholas Riley Leane Guo Sondra Lavin Total for Professionals Para-professional Laurie Verry Anita Singh Alicia Englund Kathleen Mahon Suzanne Mackay Kyle Caress Total for Para-professionals Total for Professionals & Para-professionals May 258.0 231.4 214.0 0.0 0.0 107.2 183.3 226.1 222.2 178.6 246.8 224.4 239.5 223.2 267.1 151.1 167.6 101.2 243.4 0.6 0.0 25.4 227.7 193.5 139.0 0.0 13.5 4,084.8 Jun 242.0 259.4 231.0 0.0 0.0 181.4 202.6 207.5 239.5 0.0 205.5 240.0 296.0 249.3 234.9 230.7 249.7 232.4 251.7 0.0 0.0 215.4 230.5 0.0 0.0 197.4 11.0 4,407.9 Jul 222.0 178.5 143.0 0.0 0.0 117.4 173.9 62.0 131.2 0.0 181.0 209.9 202.0 198.7 193.0 197.4 194.0 194.9 180.6 3.0 0.0 179.8 179.9 0.0 0.0 189.7 0.0 3,331.9 Aug Total 276.0 998.00 193.7 863.00 242.5 830.50 65.0 65.00 126.8 126.80 247.7 653.70 237.2 797.00 164.3 659.90 0.0 592.90 0.0 178.60 0.0 633.30 250.5 924.80 280.5 1,018.00 236.3 907.50 261.3 956.3 227.9 807.1 218.5 829.8 251.5 780.0 259.5 935.2 3.2 6.8 76.5 76.5 161.9 582.5 255.4 893.5 0.0 193.5 0.0 139.0 166.5 553.6 0.0 24.5 4,202.7 16,027.3 Rate $685.00 $625.00 $625.00 $605.00 $565.00 $510.00 $510.00 $495.00 $495.00 $485.00 $485.00 $485.00 $485.00 $465.00 $445.00 $445.00 $435.00 $390.00 $380.00 $375.00 $350.00 $350.00 $325.00 $325.00 $225.00 $325.00 $225.00 Compensation $683,630.00 539,375.00 519,062.50 39,325.00 71,642.00 333,387.00 406,470.00 326,650.50 293,485.50 86,621.00 307,150.50 448,528.00 493,730.00 421,987.50 425,553.50 359,159.50 360,963.00 304,200.00 355,376.00 2,550.00 26,775.00 203,875.00 290,387.50 62,887.50 31,275.00 179,920.00 5,512.50 7,579,479.00

0.0 0.0 18.5 60.2 8.0 0.0 86.7 4,171.5

0.0 0.0 51.5 56.7 4.6 108.5 221.3 4,629.2

2.5 2.0 8.5 54.0 8.4 199.1 274.5 3,606.4

5.5 32.5 11.5 56.1 10.6 218.5 334.7

8.0 34.5 90.0 227.0 31.6 526.1 917.2

$190.00 $80.00 $75.00 $75.00 $75.00 $40.00

1,520.00 2,760.00 6,750.00 17,025.00 2,370.00 21,044.00 51,469.00 $7,630,948.00

4,537.4 16,944.5

K&E 11262007.3

EXHIBIT B-2 Summary of Expenses and Other Fees For the Period from May 1, 2006 through August 31, 2006
May $168,541.26 16,331.87 5,012.77 2,281.99 62.00 16.00 30.90 9.28 June $178,821.34 17,774.80 2,467.84 546.96 6.00 12.00 109.20 5.00 July $158,213.02 15,861.52 4,102.81 79.64 292.00 68.00 67.80 9.10 August $175,975.48 17,674.27 3,349.57 163.40 126.00 24.00 19.20 4.05 Total $681,551.10 67,642.46 14,932.99 3,071.99 486.00 120.00 227.10 27.43

Travel and Lodging Meals Telephone Direct Costs Fax Charges-In Fax Charges-Out Photocopies Postage Total Expenses and Other Fees

$192,286.07 $199,743.14 $178,693.89 $197,335.97 $768,059.07

K&E 11262007.3

EXHIBIT C-1 Summary of Hours Billed by Professionals and Para-professionals For the Period from May 1, 2006 through May 31, 2006
Hours May 258.0 231.4 214.0 107.2 183.3 226.1 222.2 178.6 246.8 224.4 239.5 223.2 267.1 151.1 167.6 101.2 243.4 0.6 25.4 227.7 193.5 139.0 13.5 4,084.8 Hourly Rate $685.00 $625.00 $625.00 $510.00 $510.00 $495.00 $495.00 $485.00 $485.00 $485.00 $485.00 $465.00 $445.00 $445.00 $435.00 $390.00 $380.00 $375.00 $350.00 $325.00 $325.00 $225.00 $225.00 Compensation May $176,730.00 144,625.00 133,750.00 54,672.00 93,483.00 111,919.50 109,989.00 86,621.00 119,698.00 108,834.00 116,157.50 103,788.00 118,859.50 67,239.50 72,906.00 39,468.00 92,492.00 225.00 8,890.00 74,002.50 62,887.50 31,275.00 3,037.50 1,931,549.50

Professional John Boken William Murphy David Orlofsky Bret Fernandes Mark Lymbery Richard Mizak Daniel Kerrigan Jon Emswiler Arthur Kaz John Sharpe Lee Smith Lyle Potash Tadd Crane Mark Cervi Dana Frazier Julie Black Puneet Agrawal Elizabeth Kardos Scott Martinez Christopher Yi Matthew Jackson Nicholas Riley Sondra Lavin Total for Professionals Para-professional Alicia Englund Kathleen Mahon Suzanne Mackay Total for Para-professionals Total for Professionals & Para-professionals

18.5 60.2 8.0 86.7

$75.00 $75.00 $75.00

1,387.50 4,515.00 600.00 6,502.50

4,171.5

$1,938,052.00

2
K&E 11262007.3

Summary of Expenses and Other Fees For the Period from May 1, 2006 through May 31, 2006
May $168,541.26 16,331.87 5,012.77 2,281.99 62.00 16.00 30.90 9.28 $192,286.07

Travel and Lodging Meals Telephone Direct Costs Fax Charges-In Fax Charges-Out Photocopies Postage Total Expenses and Other Fees

K&E 11262007.3

Invoices for the Period May 1, 2006 through May 31, 2006 (See Attached)

K&E 11262007.3

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/01/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: letters from potential POR investors and follow-up - Meeting re: proposed revisions to Fabrics severance plan - Phone call with potential POR investor re: due diligence issues - Meeting re: status of various outstanding environmental issues - Meeting with Committee advisors re: Fabrics wind-down plan - Review of updated presentation re: forecast risks and opportunities - Meeting with Controller re: operating performance and key risk factors - Meeting re: update on DCX opportunity, pricing and outstanding issues - Conference call re: pension waiver issues and OPEB considerations - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: revised Fabrics severance plan and wind-down analysis - Phone call with potential POR investor re: updated letter and issues - Meeting re: update on status of tooling reconciliation and cash flows - Conference call re: issues relating to GECC $18mm LC draw down - Phone call re: update on Canadian tax issue and alternatives - Review of outline re: critical cash needs and timeline - Analysis of materials re: OPEB liability and strategic options - Participation in conference call with C&A Restructuring Committee - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated report on status of 2006 cost reduction initiatives - Review and revising of claims update presentation - Phone call with potential POR investor re: due diligence questions - Meeting with Committee advisors re: profitability of DCX opportunity - Claims update meeting with advisors to Committee, Secured Lenders - Phone call with Lazard re: balance sheet and cash flow forecast - Outlining of comments to draft SEC response and review with GC - Conference call with potential POR investor re: term sheet issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

05/02/06

14.0

05/03/06

14.0

Page 1 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/04/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for testimony at 05/04/06 hearing re: securities action - Conference call re: POR timeline and status of term sheet discussions - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Review and sign-off on updated 13-week cash flow forecast - Conference call with advisors to potential POR investor re: term sheet - Video conference with potential POR investor re: due diligence issue - Attendance and testimony at 05/04/06 hearing re: securities action - Phone call with GC re: proposed response to SEC and follow-up plan - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: GECC securitization and potential A/R settlements - Meeting re: update on status and timing of recovery from C&A Europe - Conference call re: POR status and action plan - Meeting re: tooling working capital, monetization strategy and issues - Meeting with CFO re: DCX opportunity investment requirements - Phone call with asset liquidation firm re: Fabrics wind down - Phone call re: potential labor dispute relating to pending plant closure - Addressing of potential issues re: Fabrics wind down plan - Review of detailed analysis re: Q3 2006 cash flow projection scenarios - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Review of final 5 year B/S forecast provided to potential POR investors - Outlining of discussion points for meetings with potential resin supplier - Ongoing assessment of situation and strategic alternatives Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of proposed strategy for addressing potential labor dispute - Review of communications re: pension and OPEB situation and issues - Outlining of key testimony points for 05/11/06 exclusivity hearing - Outlining of action plan for addressing potential Fabrics A/R issues - Updating of KZC objectives and action plans for week of 05/08/06

05/05/06

10.0

05/06/06

2.0

05/07/06

2.0

Page 2 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/08/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with CFO and Controller re: forecast risks and concerns - Participation in C&A senior management meeting via conference call - Review and sign-off on 02/06 Professional Fee Report for C&A Board - Phone call re: alleged offset claims against remaining pre-petition A/R - Phone calls with potential exit lenders re: case status and timeline - Phone call with potential POR investor re: valuation concerns - Outlining of alternatives for addressing investor valuation issues - Review of draft presentation re: retirement benefits issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation of agenda and materials for 05/10/06 C&A Board meeting - Meeting re: draft presentation on retirement benefits issues - Assistance in due diligence phone call with potential POR investor - Phone call with CEO re: 04/06 operating performance - Phone call with Lazard re: EBITDA concerns and implications - Conference call re: status of discussions with potential POR investors - Meeting re: initial outline of proposal for DIP financing amendment - Update phone call with C&A Board member - Review and revising of draft proffer for 05/11/06 exclusivity hearing - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of materials from potential POR investor re: earn-out concept - Meeting with CEO, CFO re: implications of 04/06 financial performance - Participation in C&A business strategy meeting with senior mgmt - Review of revised response to SEC and related discussion with GC - Conference call with potential POR investor re: earn-out concept - Assistance in communications re: resignation of C&A Board members - Conference call re: status of POR term sheet negotiations - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

05/09/06

12.0

05/10/06

12.0

Page 3 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/11/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with K&E and refinement of draft proffer for 05/11/06 hearing - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Phone call with Davis Polk re: comments to SEC letter - Meeting with GC re: proposed revisions to SEC letter - Meeting with CEO, CFO re: resin strategy and due diligence needs - Conference call with potential POR investor re: earn-out proposal - Analysis of updated information re: tooling action plan and cash flows - Preparation for and attendance at 05/11/06 hearing re: exclusivity - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with CEO re: reconsideration of Convertibles strategy - Meeting with CFO re: action plan and timeline for 2006 reforecast - Phone call re: segregation of net cash from Fabrics wind-down - Conference call with potential POR investor re: term sheet issues - Meeting re: status of collection efforts on small pre-petition A/R - Phone call with advisors to Secured Lenders re: POR status - Meeting re: potential tax deconsolidation issue and estimated impact - Analysis of updated information re: pre-petition A/R and GECC - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of revised Fabrics wind-down plan and recovery estimates - Analysis of updated actual to forecast cash flow reports - Review of updated outline of outstanding cash issues and action steps - Review of communications re: insurance recovery issue - Assessment of implications of performance issues on POR process Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Revising of outstanding customer issues to resolve in POR process - Review of backlogged e-mail communications re: misc case issues - Assessment of creditor recoveries under alternative EBITDA scenarios - Assessment of alternatives for addressing tooling issues - Updating of KZC objectives and action plans for week of 05/15/06

05/12/06

12.0

05/13/06

2.0

05/14/06

2.0

Page 4 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/15/06

HOURS 6.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in negotiations and discussions re: POR term sheets - Assistance in addressing outstanding issues re: POR term sheets - Phone call re: proposed revisions to Fabrics wind-down motion - Leadership of daily restructuring issues call with K&E and C&A - Updating of KZC objectives and action plans for week of 04/17/06 Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of updated memorandum re: potential tax deconsolidation issue - Participation in discussions and negotiations re: POR term sheets - Assistance in addressing outstanding issues re: POR term sheets - Review of updated information re: claims analysis and issues - Meeting re: plan for supporting bidder due diligence on Williamston - Assistance in addressing ongoing investor due diligence questions - Meeting with CEO re: resources and timeline for 2006 reforecast - Meeting re: initial comments on potential avoidance action information - Preparation for and participation in C&A Board conference call - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Addressing of issues and expectations re: 2006 reforecast process - Phone calls with potential POR investors re: POR term sheets - Conference call with creditor advisors re: POR term sheet issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Conference call re: assessment of potential avoidance actions - Meeting re: strategy for upcoming CEO meetings with resin supplier - Review of preliminary analyses relating to 04/06 financial results - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

05/16/06

12.0

05/17/06

12.0

Page 5 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/18/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: issues and concerns relating to POR term sheets - Meeting re: update on status of DCX opportunity and related issues - Review of updated information re: capex needs for DCX opportunity - Meeting re: contingency planning for Q3 and Q4 liquidity - Preparation of materials for 05/18/06 C&A Board conference call - Meeting re: status of tooling reconciliation and asset monetization - Phone call with advisors to Secured Lenders re: various case issues - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone calls re: status of various outstanding case issues - Phone call re: 2006 reforecast process and revisions to POR timeline - Outlining of follow-up issues re: profitability of DCX opportunity - Review of draft support for 04/06 Monthly Operating Report - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Review of backlogged e-mail communications re: misc case issues - Assessment of alternatives for addressing tooling issues - Updating of KZC objectives and action plans for week of 05/22/06 No hours incurred

05/19/06

6.0

05/20/06

4.0

05/21/06

Page 6 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/22/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in C&A senior management meeting via conference call - Conference call re: retirement benefits and alternative strategies - Phone call with potential POR investor re: valuation concerns - Phone call with advisor to GM re: case status and POR timeline - Conference call re: service parts business strategy and issues - Conference call re: status of Fabrics wind-down process - Review and sign-off on C&A Monthly Operating Report for 04/06 - Review of schedule re: Professional Fee Trust account activity - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: status of 2006 reforecast efforts - Conference call with potential POR investor re: case status and issues - Phone call with K&E re: information request from sub debt holders - Meeting re: status of tooling reconciliation and asset monetization - Meeting re: strategy and action plan for DIP amendment request - Meeting re: update on DCX opportunity and outstanding issues - Assessment of proposed capex repayment plans for various OEMs - Meeting re: proposed MOBIS transaction and outstanding issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: detailed review of preliminary 2006 reforecast figures - Outlining of proposed follow-up steps to refine preliminary reforecast - Drafting of vendor confirmation letters re: payments made by OEMs - Discussion with Controller re: rationale for vendor confirmation letters - Meeting re: status of outstanding customer commercial issues - Conference call with GC and K&E re: retirement benefits strategy - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Meeting re: status of tooling action plan and critical outstanding issues - Providing guidance to K&E and KZC professionals on various issues

05/23/06

12.0

05/24/06

12.0

Page 7 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/25/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting to review initial draft of MDA relating to 04/06 results - Phone call re: access and information request from sub debt holders - Review of notice from GECC re: termination of Hermosillo CAA - Phone call re: GECC action in Mexico, LC draws and response plan - Conference call re: summary of potential avoidance actions - Meeting with Committee advisors re: reforecast and other case issues - Meeting re: issues relating to 2006 reforecast for Plastics operation - Drafting of memo to agent for DIP lenders re: amendment request - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone calls with CEO, CFO re: implications of current reforecast - Refinement and transmittal of memo re: DIP amendment request - Phone calls re: outstanding reforecast issues and resolution strategy - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated 2006 reforecast figures and outlining of issues - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Analysis of updated creditor recovery / subcon model and output - Updating of KZC objectives and action plans for week of 05/30/06 No hours incurred No hours incurred

05/26/06

6.0

05/27/06

4.0

05/28/06 05/29/06

Page 8 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 05/30/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with potential POR investor re: timeline for 2006 reforecast - Phone calls re: strategy for addressing GECC action on Hermosillo - Phone call re: issues relating to Williamston sale process - Review of update draft of MDA relating to 04/06 results - Addressing of issues re: communications from potential POR investor - Review of updated Board presentation re: retirement benefits issues - Phone call re: status of presentation for Board on retirement benefits - Conference call re: status and issues relating to 2006 reforecast - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in update meeting re: updated 2006 reforecast - Revising of proffer for 06/01/06 hearing re: Fabrics wind-down plan - Participation in update meeting re: claims analysis and estimation - Phone call with agent for DIP lenders re: amendment request - Meeting re: alternatives for addressing GECC action on Hermosillo - Meeting re: status of tooling action plan and asset monetization efforts - Meeting re: Williamston sale process, issues and action plan - Working session with GC to refine Board presentation re: pensions - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

05/31/06

14.0

TOTAL

258.0

Page 9 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/01/06

HOURS 11.6

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 5 year model assumptions analysis - 2006 plan risk and opportunity analysis - Review 5 year plan taxes with J Heckman - Follow-up re "Fabrics" tax payments - Cash flow forecast sensitivity analysis - Workers Comp follow up re pre and post-petition claims - Tooling analysis update tooling follow-up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Review and analysis of current cash flow results and summary of significant cash flow issues - Weekly cash flow forecast through 9/30/06 analysis - Meeting with M Ripper re repayment proposal for OE CapEx funding - Cash flow forecast sensitivity analysis - Call with C Rand and J Heckman re Canada DOJ request for extension and GAAR matter update - Global Tooling analysis review and discussion with M Ripper Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Review and analysis of current cash flow results and summary of significant cash flow issues - Weekly cash flow forecast through 9/30/06 analysis - Analysis of new 13 week forecast due 5/5/06 - Conf call with A Kurinskas and Capstone re Fabrics winddown - Cash flow forecast sensitivity analysis - Draft changes to Tooling analysis - Analysis of March DIP financial statement questions

05/02/06

13.2

05/03/06

12.5

Page 10 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/04/06

HOURS 12.3

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf call re Fabrics winddown and DIP agreement implications - Meeting with T Trenary and M Ripper re Tooling analysis and cash flow - 13 week cash flow forecast through July analysis - Conf call with A Kurinskas and Capstone re Fabrics winddown - Conf call re asset transfer requests and DIP Agreement implications - Meeting with Bib re status, tooling and accounts receivables Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - March DIP month end financial report review - 13 week cash flow forecast through July analysis - Analysis of tooling financial statement forecast model analysis - Draft changes to cash flow Board presentation Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 13 week cash flow forecast review meeting with T Trenary and M Masanovich - Meeting with T Trenary and M Ripper re Tooling analysis and cash flow - 13 week cash flow forecast through July analysis - OE CapEx reimbursement plan meeting - AR follow-up - Tooling forecast analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling reorganization analysis - March DIP monthly financial statement review - 13 week cash flow forecast through July analysis - OE CapEx reimbursement plan meeting - Bi-weekly CapEx and tooling cash approval meeting - Weekly cash flow forecast through 9/30/06 analysis

05/05/06

4.0

05/08/06

10.7

05/09/06

12.8

Page 11 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/10/06

HOURS 12.9

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling reorganization analysis - Canada Plastics financial statement presentation for lease renewals - First quarter cash flow to EBITDA analysis - OE CapEx reimbursement plan meeting - Meeting re status of 3+9 forecast - Tooling financial statement forecast analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling balance sheet forecast analysis - Weekly cash flow forecast through 3rd quarter with sensitivity analysis - Tooling meeting re Ford - Conference call with Bib and Valiant re Honda tool matter - Conference call with Capstone and A&M re OEM funded CapEx repayment plan - Tooling financial statement forecast analysis Weekly Cash flow forecast analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling balance sheet forecast analysis - Conf call with principals from Valiant re tooling and equipment claims - Meeting with Tinney and Commercial Group re DCC open tooling purchase order status - Meeting with M O'Rourke and Canadian Counsel re Valiant matter and proposal - Weekly cash flow analysis through 9/30/06 - Fabrics winddown plan discussions re DIP issues - Prep for DCC tooling meeting with Tinney Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling balance sheet forecast analysis - Review changes to draft Fabrics motion language - Tooling analysis of reconciliation issues - AR aging analysis - Weekly cash flow analysis through 9/30/06 - Meeting with Capstone re Fabrics - Fabrics winddown analysis

05/11/06

12.6

05/12/06

8.2

05/16/06

11.7

Page 12 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/17/06

HOURS 12.6

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling balance sheet forecast analysis - Weekly cash flow sensitivity analysis through 3rd quarter - Tooling meeting re status and next steps - Conf call with GECC re 1st quarter update - Weekly cash flow analysis through 9/30/06 - Meeting with T Hill re current update re cash flow matters - Draft DIP amendment request outline Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - April preliminary results analysis - Weekly cash flow sensitivity analysis through 3rd quarter - Ford resin conf call with M Masanovich and MA Wright - CapEx forecast and actual analysis - ASC workers comp follow-up - Draft DIP amendment request outline Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - April preliminary results analysis - Analysis of weekly cash flow forecast through 9/30 - Calls with B Byrne re DCC and GM collection matters - CapEx forecast and actual analysis - ASC workers comp follow-up - DCC FIF settlement collection follow-up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - April preliminary results analysis - Lease analysis follow up - Meeting with BBK re April results and next steps re POR process - Tooling analysis - Draft changes to DIP amendment 4 requests and follow-up re process - CapEx forecast and actual analysis

05/18/06

11.2

05/19/06

2.4

05/22/06

10.6

Page 13 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/23/06

HOURS 12.4

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Ford V229 IP Settlement Discussion - Borrowing base calculation analysis - DIP conf call amendment request, amendment process and timing - Tooling analysis - Draft changes to DIP amendment 4 requests and follow-up re process - CapEx forecast and actual analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting with F Macher, MA Wright, Trinery and Hariskos re Resin matters - Farmington Asset Disposition analysis and review - DIP amendment 4 request follow up - Tooling analysis - Draft changes to DIP amendment 4 requests and follow-up re process - CapEx forecast and actual analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting with Capstone re GECC/Hermosillo status update - Follow-up with lizard re investor questions - DIP amendment request 4 follow-up - Tooling vendor claim follow-up - Draft changes to DIP amendment 4 requests and follow-up re process - Prep for SRR meeting - SRR meeting to review April results Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of weekly cash flow forecast through 9/30/06 - DIP amendment request 4 follow up - Tooling vendor claim follow-up - Draft changes to DIP amendment 4 requests and follow-up re process - Review and comment on new drafts of OE CapEx reimbursement letters

05/24/06

12.7

05/25/06

11.8

05/26/06

8.4

Page 14 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/30/06

HOURS 12.6

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of weekly cash flow forecast through 9/30/06 - DIP amendment request 4 follow-up result - April results analysis - Tooling vendor claim follow-up - Draft changes to DIP amendment 4 requests and follow-up re process - Review and comment on new drafts of OE CapEx reimbursement letters Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of weekly cash flow forecast through 9/30/06 - DIP amendment request 4 follow-up - April MDA review and draft changes - Tooling workplan follow-up - Draft changes to DIP amendment 4 requests and follow-up re process - Meeting with Capstone re 1stQ results follow-up

05/31/06

14.2

TOTAL

231.4

Page 15 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/01/06

HOURS 12.5

DAILY LOG Activities during the day included: - Call with a potential investor regarding due diligence requests and information - Call with the General Counsel, Lazard and Kirkland regarding offers from potential investors - Call with Capstone regarding personnel issues - Meeting with HR regarding personnel issues - Meeting with the Controller regarding risks and opportunities to the 2006 forecast - Reviewed the Fabrics liquidation analysis and had a meeting to discuss the issues - Call with Kirkland and Jones Day regarding the POR term sheet and stalking horse bid Activities during the day included: - Call with a potential investor regarding OPEB - Call with a potential investor regarding audit and personnel issues - Meeting with Alvarez regarding the Fabrics liquidation analysis and wind down plan - Meeting with Capstone regarding Fabrics liquidation analysis and wind down plan - Call with the Engineering department regarding potential new hires and personnel issues - Meeting with the accounting department to discuss the sale of Williamstown Activities during the day included: - Call with a potential investor regarding OPEB - Meeting with the Plastics controller regarding the sale of Williamstown, due diligence process and staffing levels during the sale process - Call with a potential investor, Fried Frank, Lazard and Kirkland regarding the POR term sheet - Meeting with the CFO and the engineering team to discuss future staffing levels and role of additional engineers

05/02/06

12.0

05/03/06

11.5

Page 16 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/04/06

HOURS 9.0

DAILY LOG Activities during the day included: - Call with a potential investor, Jones Day, Lazard and Kirkland regarding the POR term sheet - Reviewed analysis of potential takeaway business profitability - Video conference with a potential investor, senior management and the commercial team regarding the takeaway business, profitability and capital needs - Reviewed analysis of OPEB liability Activities during the day included: - Meeting with the CFO regarding the potential hiring of additional engineers - Call with a potential investor to discuss the Lear takeaway programs and the related analysis - Calls related to the wind down of the Fabrics division and the timing of the transfer of the DCX programs - Meting with the Controller regarding the financial projections for the wind down of the Fabrics divisions - Meeting to discuss the collection pre petition receivables - Meeting with the DCX commercial team regarding the Lear takeaway business Activities during the day included: - Meeting with the Soft Trim management regarding the POR, sale of convertibles, personnel issues and financial results - Calls with the Chief Engineer regarding the presentation to creditors regarding engineering staffing levels - Call with Kirkland regarding the Fabrics liquidation - Calls with the potential investor regarding the POR term sheet - Calls with Lazard, Kirkland and the general counsel regarding the status of investor offers - Calls with the Fabrics division regarding the cash flow forecast and the wind down plan

05/08/06

12.0

05/09/06

12.5

Page 17 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/10/06

HOURS 12.5

DAILY LOG Activities during the day included: - Call with a potential investor, CFO and EVP of Commercial to discuss the takeaway business, profitability and capital needs - Call with Lazard, Kirkland and general counsel to discuss the POR term sheet - Call with Lazard, Kirkland, Fried Frank and potential investor regarding the POR term sheet - Meeting with accounting personnel to discuss the indexing provision within the GM customer agreement - Reviewed the Fabrics wind down cash flow forecast and discussed key assumptions - Call with liquidator to discuss potential sale of Fabrics fixed assets Activities during the day included: - Call with Lazard and potential investor regarding financial conditions in the POR term sheet, proposed modifications, 2006 - 2010 balance sheet assumptions - Call with Lazard, Kirkland and the general counsel regarding the POR term sheet - Meeting with Alvarez, Capstone and engineering management regarding the engineering staffing levels for 2006 - 2010 and reviewed the presentation and analysis supporting the headcount need - Meeting with the general counsel to discuss the GECC lease issues - Call with the Fabrics management to discuss the wind down plan and the strategies to collect pass due receivables Activities during the day included: - Call with Capstone regarding the sale of convertibles and Fabrics severance issues - Call with Fried Frank, Kirkland, Lazard, general counsel and a potential investor regarding the POR term sheet - Calls with the engineering group regarding the proposed staffing levels - Call with Lazard regarding the sale of convertibles and sales information by OEM for a potential acquirer Activities during the day included: - Calls with Capstone and Kirkland regarding Fabrics severance and wind down issues

05/11/06

12.0

05/12/06

8.0

05/15/06

1.0

Page 18 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/16/06

HOURS 8.0

DAILY LOG Activities during the day included: - Calls with Capstone regarding the Fabrics wind down plan, cash flows, DIP amendment and severance - Call with Lazard, Kirkland regarding potential investors POR term sheets - Meeting to discuss sub con issues and the financial model - Call with Chief Engineer regarding the DCX cost reduction initiatives and VAVE Activities during the day included: - Call with Lazard and potential investor regarding the POR term sheet - Call with the Board, Lazard and Kirkland regarding the status of the stalking horse bids and next steps - Meeting with Plastics Management, accounting and purchasing to discuss the 2006 reforecasted projections - Call with a potential investor regarding the 2006 financial projections - Call with Fabrics management to discuss wind down plan - Meeting with Capstone regarding the Takeaway business and POR term sheet Activities during the day included: - Call with Lazard and Kirkland to review potential investors POR term sheets - Calls with a potential investor regarding April results and status of revised 2006 financial projections - Call with Chanin and Alvarez regarding April results and 2006 financial projections - Meeting with senior management to discuss the status of Convertibles, commercial issues and sale process - Reviewed the plan to collect past due receivables for Fabrics - Reviewed Fabrics wind down plan and cash flows and had a call with Alvarez regarding the Fabrics motion and status of breach of contract issues - Meeting with Purchasing to discuss the Brown settlement proposal Activities during the day included: - Calls with Chanin and Alvarez regarding April results and the reforecasted 2006 budget - Call with a potential investor regarding April results, reforecasted 2006 budget, weekly cash flow forecast, actual vs budgeted cash flow variances and the status of the DCX takeaway business - Call with the CFO and controller to prepare for calls with interested parties regarding the April results and reforecasted 2006 budget

05/17/06

11.0

05/18/06

11.0

05/19/06

3.5

Page 19 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/22/06

HOURS 12.0

DAILY LOG Activities during the day included: - Call with Lazard and Kirkland regarding Fabrics wind down, issues raised by UCC, severance, breach of contract claim issues and the relationship with Tier 1 suppliers - Meeting with the CFO and controller regarding the status of the 2006 reforecast - Meeting with BBK, CFO and controller to discuss April results and POR status - Call with Lazard and potential investor to discuss April results, pension issues, reforecasted 2006 financial projections and cost savings - Meeting with the general counsel regarding the status of the sale of the Mobis JV - Call with SRR regarding the April results and status of the POR process Activities during the day included: - Meeting with Plastics management to prepare for call with a potential investor regarding April results, Evart, cost reductions and forecast for remainder of 2006 - Meeting with the controller and Capstone to review April results - Call with Plastics management and potential investor to discuss April YTD results, projections for the remainder of 2006, status of Evart and cost reductions - Meeting with Purchasing and CEO regarding the issues with Brown - Call with Kirkland, Alvarez and Akin regarding Fabrics wind down timing and breach of contract issues - Meeting with the general counsel regarding personnel issues Activities during the day included: - Meeting with senior management to discuss revised 2006 financial projections - Meeting with Alvarez regarding the Fabrics wind down - Call with a potential investor regarding the sales forecast detail, part profitability, labor rates at the plants and customer funded capital expenditure repayment - Meeting with general counsel to discuss sale of Mobis - Reviewed analysis of Fabrics receivables and discussed collection strategy

05/23/06

11.5

05/24/06

11.0

Page 20 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/25/06

HOURS 11.0

DAILY LOG Activities during the day included: - Meeting with SRR regarding April results, POR status, reforecasted 2006 budget and weekly cash flows - Call with Fabrics management regarding collection of past due receivables, wind down strategy and program wind down dates - Meeting with Lazard, Convertibles management and the Commercial group regarding sales and future projections - Call with Lazard regarding the POR process, investor status and next steps - Meeting with the controller regarding the Textron lease - Call with Kirkland regarding Fabrics wind down motion Activities during the day included: - Calls with Mobis accounting staff and accounting firm performing due diligence on behalf of the acquirer of the JV entity to discuss due diligence needs - Meeting with the general counsel regarding reps and warranties in the Mobis JV purchase agreement - Call with Kirkland regarding the Fabrics wind down and breach of contract issues - Reviewed draft letter to Fabrics tier 1 customers regarding the wind down plan and waiver of breach of contract claims Activities during the day included: - Call with general counsel and Mobis attorney regarding the term sheet, reps and warranties, due diligence and next steps - Call with Kirkland regarding Fabrics wind down - Meetings with Fabrics management regarding customer communication and wind down status - Call with Kirkland and Lazard regarding the 2006 reforecast - Call to discuss next steps for the 2006 reforecast, timing, risks and opportunities and deliverables - Call with a potential investor to discuss due diligence items - Reviewed proposals to purchase and/or manage the sale process of Fabrics equipment

05/26/06

8.0

05/30/06

10.0

Page 21 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 05/31/06

HOURS 14.0

DAILY LOG Activities during the day included: - Meeting with Capstone to discuss Fabrics wind down, SERP and Mobis sale - Meeting with Kirkland to discuss Fabrics motion and UCC comments - Call with HILCO regarding Fabrics equipment sale - Reviewed Fabrics production schedule - Meeting with management to discus the sale of Williamstown - Meeting with the CFO to discus reforecasted 2006 P&L and presentation to stakeholders regarding the financial projections - Reviewed analysis of 2006 Plastics plant P&Ls and discussed variances with Plastics management - Meeting with the controller regarding EBITDA bridges from the original 2006 forecast to the revised 4 + 8 2006 forecast - Call with GE regarding the lease issues, Hermosillo, POR status and YTD results

TOTAL

214.0

Page 22 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS

DATE 05/16/06

HOURS 3.8

DAILY LOG Activities during the day included: - Review existing recovery model data to gain understanding - Background discussions regarding Debtors to assist in achieving model objectives Activities during the day included: - Review C&A debt documents - Consider debt assignment/allocation methods in model - Rewrite certain model links to reconfigure model Activities during the day included: - Obtain updated financial data for creation "new" recovery model using 3/31/06 data - Review pre-petition secured debt debentures to understand and map to collateral at various entities - Review post-petition DIP debentures to understand and map to collateral at various entities Activities during the day included: - Begin to update model with 3/06 data - Continue to review debt docs to determine what, if any, value may be unencumbered Activities during the day included: - Continue to update model data and clean up linkings - Redesign model summary data to facilitate scenario analysis systems and operating systems being utilized by the plastics division - Continue to review debt docs Activities during the day included: - Consider alternative priority sequencing for model and layer in waterfall for model - Review modeling assumptions/issues with KZC (M Lymbery) - Scrub model data to clean inconsistent data/naming conventions Activities during the day included: - Continue updating model data - Incorporate claim estimates into model - Consider implications of term sheet on model data

05/17/06

11.2

05/18/06

11.1

05/19/06

8.5

05/22/06

9.3

05/23/06

11.0

05/24/06

11.5

Page 23 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS

DATE 05/25/06

HOURS 11.2

DAILY LOG Activities during the day included: - Continue to refine model - Re-sequence priority assumptions based on feedback from KZC - Begin to develop summary formatting for ease of Recovery model review Activities during the day included: - Summarize model assumptions and open questions in prep for internal distribution - Redesign summary data in accordance with discussions with M Lymbery Activities during the day included: - Update assumptions and issues list - Consider incremental setoff in subcon scenario - Begin to model in certain Non Debtor entities Activities during the day included: - Clean up model data and summarize in anticipation of review with Lazard - Redesign summary comparison of subcon vs. standalone based on conversations with M Lymbery - Build template for update to the '07-'10 business plan

05/26/06

8.0

05/30/06

9.1

05/31/06

12.5

TOTAL

107.2

Page 24 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 05/01/06

HOURS 9.3

DAILY LOG Activities during the day included: - Review and edits to recovery model - Analysis of legal entity financials - Discussions with C&A staff re retiree benefits - Conference call with Kies (C&A), debtor counsel and Committee counsel re subcon issues - Meeting with C&A tax staff re taxes in Business Plan Activities during the day included: - Meeting with prospective buyer for plastics plant - Discussions with C&A staff and actuary re retiree benefits - Review of EBITDA reconciliation prepared by prospective buyer - Review and comment on claims analysis presentation draft - Prepare business plan support documents re retiree benefits Activities during the day included: - Participate in pension update conference call with C&A staff and debtor counsel - Review and comment on claims analysis presentation draft - Prepare business plan support documents re retiree benefits - Discussion with creditor advisors re prospective offer status Activities during the day included: - Discussions with C&A staff and actuary re retiree benefits - Review of 5 year plan projections - Review and comment on claims analysis presentation draft - Prepare business plan support documents re retiree benefits - Preparation for in-person meeting with prospective plan sponsor Activities during the day included: - Review of 5 year plan projections - Discussions with C&A staff and actuary re retiree benefits - Prepare business plan support documents re retiree benefits - Participate in in-person meeting with prospective plan sponsor Activities during the day included: - Participate in conference call with prospective plan sponsor

05/02/06

9.8

05/03/06

10.1

05/04/06

8.4

05/05/06

8.6

05/07/06

1.0

Page 25 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 05/08/06

HOURS 9.2

DAILY LOG Activities during the day included: - Discussions with C&A staff and actuary re business plan--taxes and retiree benefits - Prepare draft presentation re retiree benefits - Discussions with C&A staff re proposed sale of plant Activities during the day included: - Discussions with C&A staff and actuary re retiree benefits in business plan - Prepare draft presentation re retiree benefits - Discussions with C&A staff re proposed sale of plant - Discussions with creditor financial advisors re retiree benefits issues Activities during the day included: - Preparation for, and participation in, conference call with prospective plan sponsors - Discussions with creditor financial advisors re retiree benefits issues - Review and provide comments re proffer - Discussions re fabrics pension issues Activities during the day included: - Discussions with C&A staff re retiree benefits issues - Review environmental claims data - Review 5 year plan retiree benefits projections - Discussions with C&A staff re proposed sale of plant Activities during the day included: - Review recovery model and legal entity financial data - Discussions with C&A staff re proposed sale of plant - Review of various information requests and diligence items Activities during the day included: - Review recovery model and legal entity financial data including intercompany balances

05/09/06

9.5

05/10/06

10.2

05/11/06

9.4

05/12/06

6.1

05/14/06

1.5

Page 26 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 05/16/06

HOURS 7.6

DAILY LOG Activities during the day included: - Review recovery model and legal entity financial data including intercompany balances - Review open items re recovery model - Discussions of open items re claims estimates Activities during the day included: - Preparation for, and participation in, conference call re potential avoidance actions - Review open items re recovery model - Participate in claims update meeting - Review of updated pension data - Prepare business plan support information Activities during the day included: - Review information re potential avoidance actions - Review of updated pension data - Discussion of cost reduction data with creditor advisors - Review updated recovery model Activities during the day included: - Preparation for, and participation in, conference calls re April results - Review of updated pension data - Review updated recovery model Activities during the day included: - Discussion with creditors' financial advisors re status of asset sales - Review of updated pension data - Review cost savings data Activities during the day included: - Preparation for, and participation in, conference calls re potential avoidance actions - Review data related to Europe settlement - Discussions related to 5 year projections - Preparation of pension presentation

05/17/06

11.1

05/18/06

10.3

05/19/06

8.5

05/22/06

4.7

05/23/06

9.7

Page 27 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 05/24/06

HOURS 11.4

DAILY LOG Activities during the day included: - Respond to diligence questions from prospective plan sponsors - Discussions related to 5 year projections - Preparation of pension presentation - Discussions with actuary re pension data - Prepare open items list related to pension diligence Activities during the day included: - Preparation for, and participation in, conference calls re potential avoidance actions - Prepare information re potential avoidance actions - Discussions related to 5 year projections Activities during the day included: - Discussion with creditors' financial advisors re status of asset sales - Numerous internal discussions re status of asset sales and next steps - Discussions with actuary re open diligence items Activities during the day included: - Respond to diligence questions from prospective plan sponsors - Preparation of pension presentation - Discussions with actuary re pension data - Review open items list related to pension diligence - Review open items re substantive consolidation

05/25/06

6.6

05/30/06

10.0

05/31/06

10.3

TOTAL

183.3

Page 28 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 05/01/06

HOURS 10.3

DAILY LOG Activities on this date included: - Work with controller on preliminary budget balance sheets, on an entity-byentity basis - Analysis of tooling balance sheet for Div Tool division within Tooling division - Analyzed preliminary model for comparison with budgeting process Activities on this date included: - Built balance sheet line item comparison and analysis financial model for 2006 budget that cross references five business lines and 50+ plants - Prepared for and participated in meetings with accounting department programmers re: OutlookSoft financial statement downloads and model templates Activities on this date included: - Built income statement line item comparison and analysis financial model for 2006 budget that cross references five business lines and 50+ plants - Built analysis of 2006 Operating Plan versus corporate accounting adjustments - Researched differences identified in analysis - Prepared for meeting to recover prior versions certain financial information - Held additional meetings on the preparation of a financial template for budget Activities on this date included: - Prepared for and participated in meeting with IT, Accounting and Controllers office on the recovery of old financial data from system records - Wrote memorandum on the preparation of a financial template for budget - Downloads of template into OutlookSoft for budget of Carpet division Activities on this date included: - Downloads of template into OutlookSoft/Excel for modeling Specialty division budget - Downloads of template into OutlookSoft/Excel for modeling Plastics division budget - Downloads of template into OutlookSoft/Excel for modeling Tooling division budget

05/02/06

12.3

05/03/06

11.7

05/04/06

11.5

05/05/06

5.0

Page 29 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 05/08/06

HOURS 11.0

DAILY LOG Activities on this date included: - Analyzed current version of plant balance sheets - Began the development of OutlookSoft/Excel projected consolidating income statement, balance sheet and cash flow build-up for carpets division - Began the development of OutlookSoft/Excel projected consolidating income statement, balance sheet and cash flow build-up for plastics division - Began the development of OutlookSoft/Excel projected consolidating income statement, balance sheet and cash flow build-up for specialty division Activities on this date included: - Added elimination accounts to consolidating model for carpets - Added elimination accounts to consolidating model for specialty - Added elimination accounts to consolidating model for fabrics Activities on this date included: - Added elimination accounts to OutlookSoft/Excel consolidating model for tooling - Added elimination accounts to OutlookSoft/Excel consolidating model for plastics - Prepared for meeting with Carpet and Plastics Division heads Prepared written document with notes on all sub-balance sheets for each division over 50 in total Activities on this date included: - Prepared for and participated in meeting with controller to discuss carpet division balance sheets - Worked on the reconciliation of Plastics division integrated financial statement OutlookSoft/Excel model - Worked on the reconciliation of Carpet division integrated financial statement OutlookSoft/Excel model Activities on this date included: - Worked on the reconciliation of Home Office division OutlookSoft/Excel integrated financial statement model - Worked on the reconciliation of Corporate Eliminations into OutlookSoft/Excel integrated financial statement model

05/09/06

12.4

05/10/06

12.0

05/11/06

11.5

05/12/06

8.0

Page 30 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 05/16/06

HOURS 12.1

DAILY LOG Activities on this date included: - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for the Carpets division - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for the Specialty division - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for the Tooling division - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for the Home Office and Administrative division - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for the Plastics division Activities on this date included: - Worked on the development of OutlookSoft/Excel consolidated budget income statements, balance sheets and cash flow statements for C&A consolidated - Made revisions to existing financial model based on changes to Specialty group that were pushed through accounting system - Continued to make progress on documentation of questions on budgeted plant balance sheets Activities on this date included: - Developed written requests for information on balance sheets for several Carpet division entities - Prepared for and participated in meetings with Controller Activities on this date included: - Developed written requests for information on balance sheets for several Plastics division entities - Developed written requests for information on balance sheets for several Specialty division entities - Developed written requests for information on balance sheets for several Carpet division entities

05/17/06

12.2

05/18/06

11.0

05/19/06

8.0

Page 31 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 05/22/06

HOURS 11.2

DAILY LOG Activities on this date included: - Work on Fabrics Division wind-down analysis and balance sheet accounts - Analyzed cash flow projections for Fabrics division versus modeled income statements, balance sheets and cash flow statements prepared in budget process Activities on this date included: - Analyzed balance sheets and prepared detailed list of questions for plant controllers of Carpet division - Analyzed balance sheets and prepared detailed list of questions for plant controllers of Specialty division Activities on this date included: - Analyzed balance sheets and prepared detailed list of questions for plant controllers of Tooling division - Follow-up meetings with personnel on budget Activities on this date included: - Continued to analyze individual plant balance sheets for plastics division - US plants and operations - Continued to analyze individual plant balance sheets for plastics division Mexican plants - Continued to analyze individual plant balance sheets for plastics division Canadian plants Activities on this date included: - Updated OutlookSoft/Excel consolidating balance sheets by division - carpets - Updated OutlookSoft/Excel consolidating balance sheets by division - tooling - Updated OutlookSoft/Excel consolidating balance sheets by division - home office - Updated OutlookSoft/Excel consolidating balance sheets by division specialty - Updated OutlookSoft/Excel consolidating balance sheets by division - fabrics - Updated OutlookSoft/Excel consolidating balance sheets by division - US and Mexican Plastics

05/23/06

12.1

05/24/06

11.4

05/25/06

11.5

05/26/06

8.0

Page 32 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 05/30/06

HOURS 10.8

DAILY LOG Activities on this date included: - Work on budgeted cash flow by division - home office division - Work on budgeted cash flow by division - carpets division - Work on budgeted cash flow by division - fabrics division - Work on budgeted cash flow by division - specialty division - Work on budgeted cash flow by division - tooling division - Updated consolidating balance sheets by division - Canadian Plastics Activities on this date included: - Worked on OutlookSoft/Excel consolidating statements - added new home office division to subgroup - Reran consolidated financial statements - Updated US and Mexican Plastics budget numbers in OutlookSoft/Excel consolidating model - Updated Mexican and Admin Plastics division budget numbers in OutlookSoft/Excel consolidating model

05/31/06

12.1

TOTAL

226.1

Page 33 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/01/06

HOURS 9.6

DAILY LOG Activities during the day included: - Calls with counsel to reach settlement agreement with tooling supplier - Reko - Meetings with Mitsubishi program team re: settlement agreement - Reko - Review and approve various tooling funding requests - Review revised tooling cash flow analysis - Meeting with BBK to discuss treatment and funding of 384 program tooling - Meeting with Mary Ann Wright to review capital repayment proposals / issues Activities during the day included: - Review prototype unapplied cash analysis - Review analysis of prototype tools by customer - Review updated customer capital repayment schedules - Review and process various tooling funding requests - Review revised open tool order / tooling cash flow analysis - Calls with K&E re: vendor payment / settlement issues Activities during the day included: - Meeting with GST group re: tooling accounting / funding issues - Meetings to review and discuss various vendor payment / settlement issues - Review plant level capital projections and funding needs - Review REKO pre and post petition payment history - Meeting with purchasing group re: Brown payment / settlement issue - Call with K&E to discuss REKO tooling release issues - Meeting to review and revise capital repayment proposals Activities during the day included: - Meeting with Carson Fischer re: vendor relief motions - Review PM/MK 49 tooling program short term cash requirements with program team - Meeting with tooling operations group to discuss status of projects and other issues - Meeting with Ford program team to discuss capital repayment status and tooling funding requirements - Review reconciliation of customer funding accounts

05/02/06

11.6

05/03/06

12.3

05/04/06

11.9

Page 34 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/05/06

HOURS 4.0

DAILY LOG Activities during the day included: - Meeting with Carson Fischer re: vendor relief motions - Call with Mary Ann Wright re: customer capital repayment issues / status - Call with K&E and Carson Fischer re: vendor tooling lien obligations - Meeting with DCX program team to review various tooling advance funding needs Activities during the day included: - Meeting with tooling group to review vendor lien obligations and potential hostage payment requirements - Call with Carson Fischer and C&A purchasing group re: vendor settlement negotiations - Meeting with C&A DCX LX program team to review program costs and funding requirements - Draft capital / launch repayment letters for respective OEM's - Meeting with Mary Ann Wright re: customer capital repayment draft letters Activities during the day included: - Review tooling balance sheet and cash flow analysis - Call with GST group re: tooling funding requirements for EC and Dura - Review various funding requests for GST / Dura - Capex and restructuring cash forecast meeting - Call with Hal Rogers re: Ford vendor directed payments - Meeting with BBK to discuss open tooling funding issues Activities during the day included: - Review tooling balance sheet and cash flow analysis - Review various funding requests for GST / Dura - Review tooling cash requirements analysis - Meeting with BBK to discuss open tooling funding issues - Revise capital/launch repayment proposal letters - Review reconciliation of customer funding accounts

05/08/06

9.5

05/09/06

11.5

05/10/06

11.9

Page 35 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/11/06

HOURS 12.4

DAILY LOG Activities during the day included: - Review tooling balance sheet and cash flow analysis - Review tooling cash requirements analysis - Meeting with BBK to discuss open tooling funding issues - Revise capital/launch repayment proposal letters - Meeting with Capstone and A&M to review capital / launch repayment proposals and draft letters - Meeting to review revised 2006 tooling financial statements - Meeting with Ford program team to discuss collection efforts on open TPO balances Activities during the day included: - Review tooling balance sheet and cash flow analysis - Review tooling cash requirements analysis - Meeting with BBK to discuss open tooling funding issues - Revise capital/launch repayment proposal letters - Meeting with C&A DCX program team to discuss funding status of LX Trapline program - Meeting with Tooling operations group re: review tooling cash flow and next steps - Call with SRR re: Ford tooling funding issues / settlements Activities during the day included: - Review revised tooling balance sheet and cash flow analysis - Revise capital/launch repayment proposal letters - Meeting with C&A DCX program team to discuss funding status of LX Trapline program - Review and approve various tooling funding requests - Call with Counsel re: REKO settlement issues - Review prototype tool analysis by customer

05/12/06

9.4

05/16/06

9.1

Page 36 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/17/06

HOURS 12.1

DAILY LOG Activities during the day included: - Review bi weekly tooling cash requirement analysis - Revise capital/launch repayment proposal letters - Review and approve various tooling funding requests - Call with Counsel re: REKO settlement issues - Discussions with C&A Commercial team re: status of capital / launch draft funding letters - Participate in call with GECC to review 1st qtr actual results Activities during the day included: - Review bi weekly tooling cash requirement analysis - Revise capital/launch repayment proposal letters - Call with Counsel re: REKO settlement issues - Review Ford U387 program cancellation claim analysis - Review Ford vendor directed payment analysis - Meeting with C&A LX Trapline program team re: status of funding request and next steps Activities during the day included: - Review Ford vendor directed payment analysis - Meeting with Carson Fischer and C&A Purchasing team to review and discuss vendor settlement proposal - Review and revise vendor settlement proposal based on JD Powers production estimates - Meeting with accounting group to review treatment of Hermosillo funded launch costs - Participate in various vendor settlement negotiations - Update capital / launch repayment proposal letters Activities during the day included: - Review and revise vendor settlement proposal based on JD Powers production estimates - Participate in various vendor settlement negotiations - Discussion with DCX program team re: status of LX Trapline funding request - Review various vendor settlement proposals - Review tooling cash flow / funding need analysis

05/18/06

11.7

05/19/06

8.4

05/22/06

9.2

Page 37 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/23/06

HOURS 11.6

DAILY LOG Activities during the day included: - Discussions with Capstone and A&M re: capital / launch proposals - Participate in capital / tooling funding meeting - Meetings to review and discuss various vendor payment / settlement issues Activities during the day included: - Meetings to review customer capital repayment schedules - Meeting with New Domestics program team to review capital funding / repayment reconciliation - Review of tooling cash flow forecast supporting schedules - Discussions with bank and committee professionals re: customer capital repayment Activities during the day included: - Review and revise vendor settlement proposal based on JD Powers production estimates - Participate in various vendor settlement negotiations - Discussion with DCX program team re: status of LX Trapline funding request - Review various vendor settlement proposals - Review tooling cash flow / funding need analysis Activities during the day included: - Prepare response to lender professional inquiry into capital repayment questions - Discussions with BBK re: customer capital repayment issues - Review tooling 2006 balance sheet and cash flow analysis - Participate in tooling accounting/funding meeting - Review customer advance funding management report Activities during the day included: - Meeting to review Honda capital repayment reconciling issues - Review and approve various tooling funding requests - Call with K&E re: draft capital / launch repayment letters - Review and process convertible group tooling funding requests - Meeting with Commercial group re: capital loan repayment status / issues - Participate in bi weekly capital and tooling spending approval meeting

05/24/06

12.5

05/25/06

12.1

05/26/06

8.1

05/30/06

12.6

Page 38 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 05/31/06

HOURS 10.7

DAILY LOG Activities during the day included: - Meeting with Carson Fisher re: fact gathering in REKO matter for the release of tools - Review DCX program funding requirements - Review and submit for approval various tooling funding request for Dura - Meeting with Capstone to review open tooling funding and other issues - Review various vendor payment / settlement issues

TOTAL

222.2

Page 39 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/01/06

HOURS 8.9

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on changes in prior weeks ATB Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers

05/02/06

10.9

Page 40 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/03/06

HOURS 11.2

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Update GECC loan balance Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash

05/04/06

11.5

05/05/06

9.6

Page 41 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/07/06

HOURS 0.6

DAILY LOG Activities during the day included: - Update projected recovery schedules - Prepare open items for week Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on changes in prior weeks ATB Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC

05/08/06

8.8

05/09/06

11.2

Page 42 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/10/06

HOURS 11.5

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Update GECC loan balance Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash

05/11/06

10.9

05/12/06

9.3

Page 43 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/13/06

HOURS 0.5

DAILY LOG Activities during the day included: - Prepare open items for week Activities during the day included: - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on changes in prior weeks ATB - Calls and emails to contacts at various customers w pre-petition balances Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers

05/15/06

4.0

05/16/06

8.9

Page 44 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/17/06

HOURS 11.2

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Update GECC loan balance Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash

05/18/06

11.6

05/19/06

8.1

Page 45 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/22/06

HOURS 8.7

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on changes in prior weeks ATB - Calls and emails to contacts at various customers w pre-petition balances Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers

05/23/06

10.8

Page 46 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JON EMSWILER DIRECTOR PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/24/06

HOURS 10.4

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on tooling vendor motion - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules

TOTAL

178.6

Page 47 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Construct detailed cash forecast for tooling operations - Meeting with GM Commercial Group to discuss accounting treatment of GMX384 secondary tooling/capital - Discuss proposed repayment plan for Customer Advanced Capital with Maryanne Wright Activities during the day included: - Construct detailed cash forecast for tooling operations - Direct efforts to segregate tooling payables for cash forecasting purposes - Provide C&A management with status update on Capital Repayment process - Conference call with C&A Mexico operations relating to supplier Nugar - Conversations with C&A Tooling Purchasing and Program Management regarding resorting of Lorre business to JIP/Meridian Automotive Activities during the day included: - Construct detailed cash forecast for tooling operations - Conference call with J.Flood C&A EDC to discuss tooling procurement and build process - Direct efforts of C&A Treasury to relate customer specific cash transactions for tooling, capital & launch costs - Meeting to discuss Product Line Profitability with M. Ripper C&A Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Meeting with C&A IT to discuss process redesign and synchronization of payables systems - Direct efforts to understand tooling commitments awaiting supplier invoicing for cash forecasting purposes - Meeting with Tooling Operations Group to discuss status of current initiatives

05/02/06

15.0

05/03/06

12.8

05/04/06

13.3

Page 48 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/05/06

HOURS 4.3

DAILY LOG Activities during the day included: - Direct efforts to understand uninvoiced tooling projects for cash forecasting purposes. - Conference call with Carson Fischer to discuss relief of stay motion from tooling vendor Triway. - Work with C&A purchasing to develop resin price indexing model. Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Conference call with Carson Fischer to discuss relief of stay motion from tooling vendor Triway - Meeting with Tooling Operations Group to discuss financial requirements for LX refresh program Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Work with C&A purchasing to develop resin price indexing model - Meeting with C&A Accounts Payable to discuss segregation of tooling payables - Conference calls with K&E, Baker McKenzie, & C&A Mexico regarding parts supplier Nugar Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to understand tooling commitments awaiting supplier invoicing for cash forecasting purposes - Work with Carson Fischer on response to relief of stay motion filed by tooling vendor D&F - Communication with C Rigby C&A commercial regarding status of open tooling programs

05/08/06

14.0

05/09/06

12.8

05/10/06

16.0

Page 49 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/11/06

HOURS 13.0

DAILY LOG Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to segregate tooling payables for cash forecasting purposes - Communication with BBK regarding Pine River Plastics and status of LX Trapline tool audit - Conference calls C&A Mexico regarding supply chain issues related to parts supplier Nugar Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Communication with C&A Commercial Group and BBK to discuss Lambda settlement cash transfer - Direct efforts to understand uninvoiced tooling projects for cash forecasting purposes - Meeting with DCX Program team to discuss status of open tooling programs and specifically LX Trapline Activities during the day included: - Conference call with C&A Mexico operations relating to supplier Nugar - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Communications with Carson Fischer regarding DOTT industries agreement to surrender molds in their possession - Work with Project Accounting to develop tooling accounting reconciliation workplan Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to understand tooling commitments awaiting supplier invoicing for cash forecasting purposes - Work with J Stead C&A Commercial to understand status of Toyota tooling programs and collections - Meeting with C&A IT to discuss reporting and systems enhancements

05/12/06

7.3

05/16/06

11.5

05/17/06

12.8

Page 50 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/18/06

HOURS 15.3

DAILY LOG Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to segregate tooling payables for cash forecasting purposes - Meeting with C&A Tooling operations group to discuss reconciliation workplan and resource requirements - Conference call with C&A EDC to discuss process flow and go-forward reporting - Conference call with J Kies C&A GST to update on Mexico supplier Nugar Activities during the day included: - Meeting with M Masonovic C&A Controller to discuss tooling cash flow forecast and risk areas - Construct detailed cash forecast for tooling operations - Direct efforts of C&A Treasury to relate customer specific cash transactions for tooling, capital & launch costs - Meeting with GM Commercial Group to discuss treatment of GMX384 secondary tooling/capital - Call with M Wright C&A Commercial to update on Mexico supplier Nugar Activities during the day included: - Review and sign-off on Management Reporting Package detailing funding activity for Capital, Tooling & Launch Costs - Direct efforts to understand uninvoiced tooling projects for cash forecasting purposes - Conference call with Carson Fischer to discuss relief of stay motion from tooling vendor Triway - Call with K&E and C&A Mexico to discuss dispute with Mexican supplier Nugar Activities during the day included: - Offered direction and guidance to C&A Accounts Payable related to claims reconciliation and direct customer payments for tooling - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Attend bi-weekly meeting to approve tooling cash requirements - Communication with Carson Fischer regarding final form of Mold Surrender Agreement with DOTT industries

05/19/06

6.8

05/22/06

10.5

05/23/06

11.3

Page 51 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/24/06

HOURS 13.0

DAILY LOG Activities during the day included: - Offered direction and guidance to C&A Accounts Payable related to claims reconciliation and direct customer payments for tooling - Construct detailed cash forecast for tooling operations - Direct efforts of C&A Treasury to relate customer specific cash transactions for tooling, capital & launch costs - Call with T Trenary and J Kies to discuss next steps in Nugar matter Activities during the day included: - Direct efforts to segregate tooling payables for cash forecasting purposes - Construct detailed cash forecast for tooling operations - Communication with A&M regarding tooling related motions scheduled to be heard - Attend meeting to discuss tooling accounting issues - Meeting with C&A DCX team to understand LX Trapline request status and next steps Activities during the day included: - Drafted letter to C&A Tooling Suppliers who received monies directly from OEM - Direct efforts to understand uninvoiced tooling projects for cash forecasting purposes - Work with Project Accounting to clean up Accounts Payable aging report by retiming invoice due dates - Direct Project purchasing efforts to compile contact matrix for future communications to suppliers Activities during the day included: - Direct efforts to update estimated PPAP dates for cash forecasting purposes - Conversations with Carson Fischer regarding potential relief of stay pleading from Huron Model & Gauge / Huron Mold - Work with Project Accounting to clean up Accounts Payable aging report by retiming invoice due dates - Meeting with V.Lovelace C&A IT to discuss progress of current tooling related projects - Communication with A&M regarding upcoming tooling motions

05/25/06

13.3

05/26/06

7.3

05/30/06

13.0

Page 52 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 05/31/06

HOURS 12.0

DAILY LOG Activities during the day included: - Conversation with M. Apsey C&A Evart regarding ongoing IT initiatives and resource allocation - Direct efforts to segregate tooling payables for cash forecasting purposes - Meeting with C&A Commercial group to discuss collectability of DCX LX tooling programs - Communication with C&A DCX team and BBK regarding outstanding tool change orders on HG program

TOTAL

246.8

Page 53 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/01/06

HOURS 10.2

DAILY LOG Activities during the day included: - Analysis and other work related to March 2006 reporting required under the DIP Credit - Analysis and work related reconciling cash reported in 13 week cash reporting to actual financial performance - Analyze, and other work related to updating forecast for periods ended December 31, 2006, focus on balance sheets and statements of cash flows - Coordinating, preparation and consulting with advisors to the various stakeholders Activities during the day included: - Analysis and other work related to March 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plants financial performance for the periods ended March 2006 - Work related to review of Tooling Business Units financial results for the months and three months ended March 31, 2006 - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analyzed, reviewed, and other work related preparation of financial information for inclusion in Board Package - Work related to asset transfers and potential impact on DIP Loan Agreement - Analysis and other work related to drafting Management Discussion and Analysis to Board - Analysis and other work related to accessing changes in working capital Activities during the day included: - Analysis and other work related to March 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended March 2006 - Coordinated, prepared and consulted with advisors to the various stakeholders

05/02/06

12.1

05/03/06

12.2

05/04/06

12.3

Page 54 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/05/06

HOURS 4.0

DAILY LOG Activities during the day included: - Analyzed, reviewed, and other work related preparation of financial information for inclusion in Board Package - Analysis and other work related to drafting Management Discussion and Analysis to Board - Analysis and other work related to accessing realization of Ford resin indexing for first quarter 2006 Activities during the day included: - Analyzed, reviewed, and other work related preparation of financial information for inclusion in Board Package - Analysis and other work related to drafting Management Discussion and Analysis to Board - Prepare, participate, and other work related to call w Deloitte related to C & A Recapitalization Model - Analysis and other work related to accessing changes in working capital Activities during the day included: - Coordinate, analyze, and other work related to addressing information requested by certain interested parties - Direct, analyze, and other work related to a detailed review of financial performance of certain Plastic Business Unit plants - Analysis and other work related to accessing balances of certain accrued liabilities Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended April 29, 2006 - Coordinating, preparation and consulting with various advisors on various issues including financial performance for the periods ended March 2006 - Analysis and other work related to detail review of certain plant financial performance for the periods ended April 2006

05/08/06

10.8

05/09/06

12.0

05/10/06

12.1

Page 55 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/11/06

HOURS 11.5

DAILY LOG Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended April 29, 2006 - Analysis and work related reconciling cash reported in 13 week cash reporting to actual financial statements - Analysis and other work related to detail review of certain balance sheet account and accessing future impacts on working capital Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended April 29, 2006 - Coordinating, preparation and consulting with various advisors on various issues including financial performance for the periods ended March 2006 - Analysis and other work related to detail review of material usage as compared to 2006 operating plan Activities during the day included: - Analysis and other work related to drafting Management Discussion and Analysis to Board, including detailed discussions with certain plants to better understand operations and financial performance - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Analysis and other work related to preparation of statements of cash flows for inclusion in financial reporting package Activities during the day included: - Analysis and other work related to inter-company funding from US to Canadian and Mexican operations - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Coordinated, prepared and consulted with various advisors on various issues including financial performance for the periods ended February 2006 - Analysis and other work related to detail review of material usage as compared to 2006 operating plan

05/12/06

8.1

05/16/06

8.1

05/17/06

12.2

Page 56 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/18/06

HOURS 12.3

DAILY LOG Activities during the day included: - Analysis and other work related to drafting Management Discussion and Analysis to Board, including detailed discussions with certain plants to better understand operations - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Analysis and other work related to preparation of statements of cash flows for inclusion in financial reporting package - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analysis and other work related to April 2006 reporting, including reporting to US Trustee - Analysis and other work related to inter-company funding from US to Canadian and Mexican operations Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended April 2006 - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Work related to detail review of certain plant financial performance for the periods ended April 2006 Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended April 2006 - Coordinated, prepared and consulted with advisors to the various stakeholders

05/19/06

8.0

05/22/06

10.8

05/23/06

12.0

05/24/06

12.1

Page 57 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/25/06

HOURS 11.5

DAILY LOG Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Work related to detail review of certain plant financial performance for the periods ended April 2006 Activities during the day included: - Analysis and other work related to drafting Management Discussion and Analysis to Board, including detailed discussions with certain plants to better understand operations - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Analysis and other work related to preparation of statements of cash flows for inclusion in financial reporting package - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended March 2006 - Analysis and other work related to review of financial performance of tooling business unit

05/26/06

8.1

05/30/06

11.6

Page 58 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 05/31/06

HOURS 12.4

DAILY LOG Activities during the day included: - Analysis and other work related to April 2006 reporting required under the DIP Credit Facility - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended April 2006 - Analysis and other work related to review of financial performance of tooling business unit

TOTAL

224.4

Page 59 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Building a BOS model for the plastics division - Reviewing cap ex spend through April by division - Dealing with a number of questions from Capstone - Working with cash flow team to reconcile forecast price increases from OEM's to actual monies received Activities during the day included: - Preparing for and attending a meeting with P. Speers re: Soft Trim finance function and how plastics can replicate the same systems - Reviewing due diligence request list from potential investors - Building a BOS model for the plastics division - Dealing with questions from potential investors Activities during the day included: - Building a BOS model for the plastics division - Working with cash flow team to reconcile forecast price increases from OEM's to actual monies received - Collecting data in respect of due diligence request list from prospective investors - Meeting with D. DeSebastian to talk through the BOS metrics Activities during the day included: - Reviewing an updated new business schedule re: DCX take away business - Dealing with questions from potential investors - Reviewing soft trim financial systems and replicating them within the plastics division - Building a BOS model for the plastics division Activities during the day included: - Preparing for and attending a meeting with the plastics division to walk them through progress on the BOS model - Dealing with questions from Alvarez and Marsal - Reviewing a detailed cap ex schedule re: DCX take away business - Preparing for and attending a meeting with P. Speers re: soft trim financial systems

05/02/06

12.0

05/03/06

12.0

05/04/06

11.5

05/05/06

9.0

Page 60 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/08/06

HOURS 11.5

DAILY LOG Activities during the day included: - Preparing for and attending a meeting with the plastics division re: BOS model - Preparing for and attending a meeting with M. Masanovich re: working capital requirements for DCX take away business - Dealing with questions from potential investors Activities during the day included: - Preparing for and attending a meeting with the Quality group re: the BOS model - Dealing with questions from Capstone - Building the BOS model - Working with cash flow team to reconcile forecast price increases from OEM's to actual monies received Activities during the day included: - Building a working capital model for the DCX take away business - Preparing for and attending a meeting with T. Trenary re: potential investors due diligence requests - Dealing with questions from potential investors - Reviewing the BOS model Activities during the day included: - Working with cash flow team to reconcile forecast price increases from OEM's to actual monies received - Reviewing the progress of the Westland closure with R. Kibbey - Reviewing the status of the V229 claim with R. Robson - Reviewing the BOS model Activities during the day included: - Preparing for and attending a meeting with D. Sebastian re: BOS model - Preparing for and attending a meeting with the plastics division re: the BOS model - Preparing for and attending a meeting with R. Kibbey and Capstone re: Westland closure issues - Dealing with questions from potential investors

05/09/06

12.5

05/10/06

12.5

05/11/06

11.0

05/12/06

8.5

Page 61 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/16/06

HOURS 11.0

DAILY LOG Activities during the day included: - Preparing and filing CNO for March time and expenses - Reviewing status of raw material costs reimbursement from OEMs - Dealing with questions from potential investors - Building the BOS model Activities during the day included: - Preparing for and attending a meeting re: raw material reimbursement from the OEMs - Dealing with questions from potential investors - Reviewing the BOS model - Dealing with questions from Capstone Activities during the day included: - Finalizing the DCX take away working capital model - Preparing for and attending a meeting with M. Masanovich re: working capital requirements for DCX take away business - Reviewing the BOS model - Dealing with questions from the potential investors Activities during the day included: - Preparing for and participating in a meeting with M. Masanovich re: working capital requirements for DCX take away business - Reviewing an update on plastics plant closures - Reviewing the BOS model Activities during the day included: - Preparing for and attending a meeting with D. DeSebastian re: BOS model - Preparing for and attending a meeting with R. Kibbey re: Westland plant closure - Dealing with questions from potential investors - Dealing with questions from Capstone

05/17/06

12.5

05/18/06

12.0

05/19/06

9.0

05/22/06

10.5

Page 62 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/23/06

HOURS 11.0

DAILY LOG Activities during the day included: - Preparing for and attending a meeting with D. Proffit re: conference call with investors about plastics April results - Participating in a conference call with potential investors re: plastics April results - Attending a meeting with N. Radawick and Capstone re: Westland - Dealing with questions from potential investors Activities during the day included: - Dealing with questions from Alvarez and Marsal - Reviewing the BOS model - Reviewing the plastics April results in detail by plant - Dealing with questions from potential investors Activities during the day included: - Dealing with questions from Alvarez and Marsal - Reviewing the BOS model - Reviewing the plastics April results in detail by plant - Dealing with questions from potential investors Activities during the day included: - Preparing for and attending a meeting with P. Speers re: plastics FY 2006 bridges - original budget to revised forecast - Reviewing several plant bridges for reasonableness - Reviewing the BOS model - Dealing with questions from potential investors Activities during the day included: - Reviewing forecast results by plastic plants Activities during the day included: - Preparing for and attending a meeting with P. Speers re: plastics FY 2006 bridges - original budget to revised forecast - Reviewing several plant bridges for reasonableness - Reviewing the BOS model - Dealing with questions from potential investors

05/24/06

12.0

05/25/06

12.0

05/26/06

9.0

05/29/06

1.0

05/30/06

13.0

Page 63 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/31/06

HOURS 14.0

DAILY LOG Activities during the day included: - Preparing for and attending a meeting with P. Speers re: plastics FY 2006 bridges - original budget to revised forecast - Reviewing several plant bridges for reasonableness - Reviewing the BOS model - Dealing with questions from potential investors

TOTAL

239.5

Page 64 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/01/06

HOURS 11.0

DAILY LOG Activities during the day included: - Update cash flow forecast for remainder of 2nd quarter - Review of quarter-to-date Cash results and comparison to Forecast - Development of presentation for C&A Board re Cash Forecast - Update "scorecard" of cash flow items to be addressed - Meeting with management to discuss risks to 2006 Operating Plan Activities during the day included: - Review of cumulative results for period-to-date and year-to-date - Update information on Letters of Credit and balance of DIP Loan including discussions with D Jachcik - Development of interim 13-week cash flow for Lenders as required under DIP Agreement - Analysis of preliminary actual results for prior week - Update development of presentation for C&A Board Activities during the day included: - Analysis of period to date Shipments - Development of interim 13-week cash flow for Lenders as required under DIP Agreement - Analysis of prior week's actual cash flow results vs. plan, including explanation of variances - Development of two-week daily cash flow forecast - Development of YTD analysis of Restructuring Costs for discussion with B Nawrocki - Preparation of information for meeting with BBK re cash receipts Activities during the day included: - Conference call with Capstone re cash flow reporting including preparation of requested information - Development of YTD analysis of capital expenditures as compared to the Operating Plan - Meeting with P Winquist re analysis of CapEx disbursements for year-to-date - Analysis of period to date benefit payments - Meeting with BBK re cash flow report, tooling issues, financial results - Development of YTD analysis of Restructuring Costs for discussion with B Nawrocki

05/02/06

13.5

05/03/06

12.7

05/04/06

13.2

Page 65 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/05/06

HOURS 7.0

DAILY LOG Activities during the day included: - Analysis of consolidated 5-Year Budget - Update report on various cash reporting issues - Development of update Letter of Credit schedules - Meeting with accounting re Restructuring Expenses - Development of information for Capstone and telephone call to review Activities during the day included: - Development of reconciliation of cash flow forecast to budget - Development of revised CapEx forecast as compared to original budget - Development of information report regarding cash flow forecast for management - Update "scorecard" of one-time cash flow receipts - Review of information re cash balances in Mexico - Meeting with T Trenary and M Masanovich re cash flow forecast Activities during the day included: - Review of cash flow forecast from Mexico - Review of consolidated Restructuring Expense budget - Analysis of forecasted DCC payment schedule for May - Update information and presentation for Board of Directors meeting - Discussions regarding analysis of Fabrics liquidation - Analysis of preliminary actual results for prior week Activities during the day included: - Analysis of prior week's actual cash flow results vs. plan, including explanation of variances - Analysis of 1st quarter financial results and reconciliation to cash flow - Meeting with management re CapEx forecast - Analysis of Restructuring Expenses for prior 5 weeks - Development of report for management re cash flow forecast and alternative scenarios - Update cash flow forecast through September under various assumptions

05/08/06

10.6

05/09/06

12.4

05/10/06

13.5

Page 66 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/11/06

HOURS 13.1

DAILY LOG Activities during the day included: - Analysis of 1st quarter financial results and reconciliation to cash flow - Review of payroll information for Fabrics winddown analysis - Development of report for management re cash flow forecast and alternative scenarios - Analysis of various lease contracts re computer/MIS equipment - Development of report for management re cash flow forecast and alternative scenarios - Review of Lambda settlement analysis and payback Activities during the day included: - Analysis of various lease contracts re computer/MIS equipment - Review of actual payments related to Benefits - Development of information on status of GECC Letters of Credit - Development of report for management re cash flow forecast and alternative scenarios Activities during the day included: - Development of presentation for executive management re cash flow - Analysis of various lease contracts re computer/MIS equipment, including meeting with G Kistler - Analysis of preliminary actual results for prior week - Review of preliminary CapEx spend schedule as prepared by Company - Analysis of receivables and receipts history for cash balance reconciliation - Development of information for Capstone and A&M as requested Activities during the day included: - Analysis of prior week's actual cash flow results vs. plan, including explanation of variances - Development of two-week daily cash flow forecast - Analysis of cash reconciliation developed by Lazard - Development of presentation for executive management re cash flow - Meeting with executive management regarding cash flow forecast - Analysis of current version of Recapitalization Plan - Update cash forecast presentation for executive team based on meeting

05/12/06

8.0

05/16/06

11.5

05/17/06

13.0

Page 67 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/18/06

HOURS 12.0

DAILY LOG Activities during the day included: - Reconciliation of quarter-to-date cash flows to budget - Meeting with B Nawrocki re Restructuring Expenses - Development of information for Capstone re cash reports - Review status of Lambda settlement and receipt of payment - Update analysis of year-to-date Restructuring Expenses - Development of re-forecast of estimated CapEx budget Activities during the day included: - Analysis of CapEx disbursements per Accounting database - Update estimate on monthly lease disbursements - Review of comparison of sales results based on invoice data as compared to financial systems - Response to questions from the financial advisors to the Committee - Review of update Restructuring Costs and estimate plant shut-downs Activities during the day included: - Meeting with BBK to review actuals results for April - Meeting with Relational Funding re operating leases proposals - Analysis of recent lease renewals and calculate implicit lease pricing - Preparation of period-to-date cash flow variance report - Review of information related to Fabrics winddown - Development of two-week daily cash flow forecast Activities during the day included: - Analysis of reconciliation prepared by Lazard re cash flow - Analysis of CapEx forecast prepared by management - Development of update cash flow forecast through September 30 under various scenarios and assumptions - Discussions with Capstone re: cash flow forecast updates - Development of cash flow presentation for management - Analysis of preliminary actual results for prior week - Review of information regarding adjustment to Canadian pension payment

05/19/06

8.0

05/22/06

10.0

05/23/06

12.5

Page 68 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 05/24/06

HOURS 12.5

DAILY LOG Activities during the day included: - Meeting with BBK re accounts receivable - Discussions with M Masanovich re Cash Flow - Meeting with T Trenary re review of new lease proposals - Development of cash flow presentation for management - Meeting with T Muscillo re CapEx forecast - Development of update cash flow forecast through September 30 under various scenarios and assumptions Activities during the day included: - Development of information as requested by Third Avenue Investors - Preparation of information for conference call with SRR Activities during the day included: - Development of analysis of alternative CapEx forecasts - Discussions with T Trenary re Cash Flow - Review of sales and receipts rollforward for 2nd-quarter - Preparation of information for conference call with Kraft - Participation on conference call with Kraft re Financial Results - Development of cash flow presentation for management - Meeting with P Winquist re CapEx forecast - Analysis of preliminary actual results for prior week Activities during the day included: - Meetings with Capstone re Cash Flow Forecast - Development of update cash flow forecast through September 30 under various scenarios and assumptions - Analysis of prior week's actual cash flow results vs. plan, including explanation of variances - Analysis of sales forecast for remainder of 2nd quarter - Development of two-week daily cash flow forecast - Discussions with M Masanovich re Cash Flow - Development of analysis of alternative CapEx forecasts

05/25/06

2.5

05/30/06

12.0

05/31/06

14.2

TOTAL

223.2

Page 69 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/01/06

HOURS 13.1

DAILY LOG Activities of the day - Preparing for, participating in and following up on meeting with senior members of Kroll Zolfo Cooper regarding the winddown plan for the Fabrics business unit - Preparing, analyzing and editing the Fabrics Winddown Plan - Preparing for, participating in and following up on conference call with C&A Fabrics EVP and the accounts receivable manager regarding the status of certain credit and collections efforts - Participating in and following up on call with Steve Cargo regarding the sale of a facility - Participating in and following up on discussions with the purchasing manager of the Fabrics business unit regarding the lease rejection work plan for the Fabric's winddown - Reading and analyzing the global fork truck replacement plan - Preparing for, participating in and following up on discussions regarding the importance of the GECC equipment to the overall operations of C&A Activities of the day - Preparing for, participating in and following up on meeting with Capstone, the financial advisors to the secured lenders, regarding the winddown plan for the Fabrics business unit - Preparing, analyzing and editing the Fabrics Winddown Plan - Participating in and following up a meeting with Kongsberg, the potential acquirer of a C&A facility - Reading, analyzing and editing the Fabric's past due customer accounts schedule - Preparing for, participating in and following up on discussions with EVP of Fabrics and Lazard regarding the due diligence status of the potential business line and stand alone facilities sales of Fabrics - Preparing for and participating in discussions with Viscotec regarding the possible acquisition of the Farmville facility - Preparing for, participating in and following up on meeting with the financial advisors to the creditor's committee regarding the winddown plan for the Fabrics business unit - Reading and analyzing the flow chart of the GECC equipment documenting the dependency of the equipment

05/02/06

13.6

Page 70 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/03/06

HOURS 14.3

DAILY LOG Activities of the day - Preparing for, participating in and following up on meeting with EVP of Fabrics and all direct reports regarding expectations of the Fabrics' winddown and key topics such as the winddown of inventory, the customer exit plans, the collection of receivables, asset sales and the retention plan - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for and participating in a meeting with a potential auctioneer of the Fabrics fixed assets - Reading and analyzing the flow chart of the GECC equipment documenting the dependency of the equipment - Preparing for and participating in discussion with a potential stalking horse bidder for assets held at Westland and Manchester Activities of the day - Preparing for, participating in and following up on meeting with the Debtor's professionals regarding the negotiations of the DIP amendment relating to the Fabrics Winddown - Participating in and following up on discussions with C&A personnel regarding the DIP restrictions on international asset transfers - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading and analyzing the schedule of LCs posted to GECC leases - Participating in discussions with Hilco regarding the affidavit for the GECC hearing at the June 1 court date - Reading and analyzing the Fabrics Pension schedule to estimate the effect of the Fabrics' Winddown on the C&A pension - Preparing for and participating in discussions regarding the response to due diligence requests relating to the potential sale of a Plastic's facility

05/04/06

12.5

Page 71 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/05/06

HOURS 8.1

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for and participating in discussions regarding the response to due diligence requests relating to the potential sale of a Plastic's facility - Reading, analyzing and editing the cash payment schedule relating to GECC leases and discussing with K&E - Preparing for and participating in discussions with Fabrics business unit controller and HR manager regarding vacation pay due to hourly workers - Preparing in discussions with Fabrics EVP and facilities manager to establish the process of showing equipment available for sale, the receipt of bids, the recording of all bids and asset sales and the estimation of the related cash receipts - Participating in discussions with Hilco regarding the affidavit for the GECC hearing at the June 1 court date Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in and following up on discussions with C&A corporate and Fabrics personnel regarding the collection of Fabrics' accounts receivable - Reading and analyzing the schedule of costs to relocate facilities and equipment out of WP Carey leased facilities to allow for rejection of the WP Carey leases - Preparing for, participating in and following up on negotiations with potential auctioneers of the Fabric's equipment - Preparing for, participating in and following up on discussions with Fabrics and Commercial personnel regarding the exit plans of DCX - Preparing for, participating in and following up on discussions with Lazard and a potential acquirer of the painter roller business regarding the M&A process in Chapter 11 and the status of the interest level of the interested party

05/08/06

14.3

Page 72 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/09/06

HOURS 13.5

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in discussions with a potential asset auctioneer for the Fabrics equipment - Reading, analyzing and editing the financial impact of various proposed settlements relating to the GECC lease issue - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility - Preparing a response to a due diligence request relating to the SWL facility - Participating in and following up on discussions with C&A corporate accounts receivables personnel regarding the collection of actual collection data for reporting and control purposes Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for, participating in and following up on discussion with Fabrics EVP and the EVP of the C&A Commercial group regarding the DCX exit program for the Vegas program - Participating in discussions with a potential asset auctioneer for the Fabrics equipment - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility - Participating in and following up on discussions with C&A corporate payroll personnel regarding the collection of Fabrics Payroll & Severance payments for inclusion in reporting and control documents

05/10/06

15.3

Page 73 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/11/06

HOURS 14.2

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading and analyzing the Fabrics Payroll Report received from C&A Corporate Payroll personnel - Participating in and following up on a meeting with the Fabrics Controller and EVP regarding the Winddown Cash Flow Projections - Preparing for, participating in and following up on negotiations with potential auctioneers of the Fabric's equipment - Participating in and following up on status report and open item discussions regarding the Fabrics business line and facility sale process with Lazard, Millard King and the EVP of the Fabrics business unit - Participating in an accounts receivable status meeting with EVP Fabrics business unit and Fabrics AR manager - Preparing the summary schedule of announced closed C&A facilities - Reading and analyzing the most recent past due schedule relating to Fabrics' accounts receivable - Reading and analyzing the second amendment to the new HQ lease and provided feedback to K&E Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for and following up on discussions with K&E regarding the collection of Foamex Accounts Receivable - Reading, analyzing and editing the schedule of the Fabrics' employee roles and responsibilities - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in and following up on discussion with the Lenders' financial advisor regarding the Fabrics retention

05/12/06

8.3

05/15/06

2.5

Page 74 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/16/06

HOURS 13.6

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for and participating in discussion with K&E regarding the Toyota fork truck motion - Participating in and following up on discussion with the Lenders' financial advisor regarding the Fabrics retention - Reading, analyzing and editing the Fabrics daily cash collection report provided by the C&A corporate collections group - Preparing for and participating in discussions regarding the environmental liabilities section of the due diligence request from a potential investor - Read and analyzed the draft DIP amendment relating to the Winddown of Fabrics Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in and following up on discussions regarding the location of equipment included in the GECC lease - Preparing for and participating in discussions with KZC and C&A Corporate AP personnel regarding set off issues relating to Fabrics accounts receivable - Reading, analyzing and providing feedback to part profitability analysis for parts produced at a facility for sale - Reading and analyzing the revised Customer Exit plan document and related production schedule, inventory analysis and planned direct material purchases - Preparing for, participating in and following up on a meeting with the EVP of Fabrics, Director of Manufacturing and the Inventory Control Manager regarding the development of inventory management and direct purchasing reporting and control reports - Participating in discussions with C&A corporate accounting regarding the process of asset disposals

05/17/06

14.3

Page 75 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/18/06

HOURS 13.5

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in and following up on discussions regarding the location of equipment included in the GECC lease - Reading and analyzing an offer to buy excess Fabrics assets - Participating in discussions with Joe Cottone of Guilford Mills regarding potential asset sales - Participating in discussions with a potential acquirer of the Paint Roller business line - Participating in discussions with a potential auctioneer for the Fabrics assets Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in and following up on discussions with Chip Moore and K&E regarding the Chip Moore affidavit relating GECC motion - Reading and analyzing an offer to buy excess Fabrics assets - Reading and analyzing the Fabrics Inventory control schedule - Participating in discussions with a potential auctioneer for the Fabrics assets - Preparing for and participating in discussions with K&E to discuss all outstanding issues relating to the preparation for the GECC June 1 court date Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for, participating in and following up on a call with a potential buyer of the Paint Roller business line - Reading and analyzing an auction proposal relating to the Fabrics Winddown - Preparing for and participating in discussions with Chip Moore regarding the importance of the GECC equipment to C&A's viability - Participating in discussions with the Debtor's professionals regarding various Winddown issues - Participating in call with K&E relating the Toyota Fork Truck motion - Participating in a discussion with K&E regarding the GECC court hearing on June 1

05/19/06

8.4

05/22/06

13.4

Page 76 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/23/06

HOURS 13.7

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in discussions with a potential auctioneer for the Fabrics assets - Reading and analyzing an auction proposal relating to the Fabrics Winddown - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility - Reading and analyzing the past due accounts schedule relating to Fabrics' accounts receivable Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in discussions with a potential auctioneer for the Fabrics assets - Preparing for, participating in and following up on a meeting with the EVP of Fabrics and all direct reports to discuss the status of open issues relating to the cash flow projections - Participating in discussions with K&E to discuss all outstanding issues relating to the preparation for the GECC June 1 court date - Preparing for and participating in a discussion with the C&A facilities manger regarding the strategy to clean out the Fabrics facilities at the completion of the Winddown Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in discussions with a potential auctioneer for the Fabrics assets - Preparing for, participating in and following up on discussions with K&E and Chip Moore regarding the preparation of the Chip Moore Affidavit for the June 1st hearing - Preparing for, participating in and following up on discussions regarding the open items and significant issues surrounding the Fabrics Winddown with KZC, the EVP of Fabrics, Lazard and Millard King

05/24/06

14.5

05/25/06

9.3

Page 77 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/26/06

HOURS 10.5

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and editing the Chip Moore Affidavit for the June 1st hearing - Preparing for, participating in and following up on discussions with K&E and Chip Moore regarding the preparation of the Chip Moore Affidavit for the June 1st hearing - Preparing for, participating in and following up on a meeting with the EVP of Fabrics and the HR director regarding the communication strategy of the retention plan and the June 7th and June 9th employee terminations Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Participating in discussions with a potential auctioneer for the Fabrics assets - Reading, analyzing and editing the Chip Moore Affidavit for the June 1st hearing - Reading and analyzing an auction proposal relating to the Fabrics Winddown - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for, participating in and following up on discussions with K&E and Lazard regarding the offer to purchase the SWL facility and next steps - Reading and analyzing the past due accounts schedule relating to Fabrics' accounts receivable - Preparing for, participating in and following up on discussions with K&E and Chip Moore regarding the preparation of the Chip Moore Affidavit for the June 1st hearing

05/29/06

3.5

05/30/06

10.3

Page 78 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 05/31/06

HOURS 12.4

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and editing the Chip Moore Affidavit for the June 1st hearing - Reading and analyzing an auction proposal relating to the Fabrics Winddown - Preparing for, participating in and following up on discussions with K&E and Chip Moore regarding the Chip Moore Affidavit

TOTAL

267.1

Page 79 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/10/06

HOURS 10.5

DAILY LOG Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules Activities during the day included: - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Update GECC loan balance - Update ATB analysis of top OEM Customers Activities during the day included: - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Develop AR/AP Setoff reporting mechanism for fabrics plants - Develop daily cash receipts reporting mechanism for fabrics plants Activities during the day included: - Disc w local counsel re tooling vendor - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers

05/11/06

11.5

05/12/06

8.0

05/16/06

11.3

Page 80 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/17/06

HOURS 11.5

DAILY LOG Activities during the day included: - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Conference call w K&E and committee re European presentation - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM - Calls and emails to contacts at various customers w pre-petition balances - Update projected recovery schedules Activities during the day included: - Develop response to tooling vendor, including potential adequate protection offer - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers Activities during the day included: - Conference call with financial advisors and tooling vendor re settlement discussions - Read and comment on materials for application of DCX post petition unapplied cash - Update AP Setoff reporting mechanism for fabrics plants - Update Daily cash receipts reporting mechanism for fabrics plants

05/18/06

11.8

05/19/06

8.0

Page 81 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/22/06

HOURS 10.5

DAILY LOG Activities during the day included: - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on changes in prior weeks ATB - Calls and emails to contacts at various customers w pre-petition balances Activities during the day included: - Read and comment on materials for application of DCX post petition unapplied cash - Identify proceeds from close on sale of European businesses - Update presentation on sale of European businesses - Read and comment on receivables data support BBC - Read and comment on draft BBC - Disc w Giuliani re loan balance and target customers Activities during the day included: - Calls and emails to contacts at various customers w pre-petition balances - Discussion within C&A regarding Mobis pending sale - Prepare JPM BBC - Assist in accumulating data for distribution model - Call to discuss GM retro payments Activities during the day included: - Discussion with Fabrics plant regarding customer setoffs - Calls and emails to contacts at various customers w pre-petition balances - Discussion with International regarding general update and their information request Activities during the day included: - Discussion with Fabrics plant regarding customer setoffs - Calls and emails to contacts at various customers w pre-petition balances - Discuss Plastics Reporting Strategy Activities during the day included: - Review 4 plus 8 Forecast - Prepare work plan for week

05/23/06

11.0

05/24/06

11.5

05/25/06

11.7

05/26/06

9.5

05/29/06

2.0

Page 82 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 05/30/06

HOURS 9.8

DAILY LOG Activities during the day included: - Read and comment on data for GECC true up calculation - Discussion with Counsel regarding tooling vendors - Calls and emails to Giuliani regarding customers w pre-petition balances - Discussion with Counsel regarding JCI Stipulation Activities during the day included: - Participate in Call with Honda regarding AR collection - Discussion with counsel on Intier stipulation - Calls and emails to contacts at various customers w pre-petition balances - Respond to European request for documents - Read and comment on receivables data support BBC - Read and comment on draft BBC - Finalize and submit BBC to JPM

05/31/06

12.5

TOTAL

151.1

Page 83 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/01/06

HOURS 9.8

DAILY LOG Activities during the day included: - Review and process claim estimates provided by C&A claims teams - Correspond with K. Schweninger re: claims process and draft presentation - Assist K. Schweninger with draft claims presentation and accompanying schedules - Participate on claims team conference call Activities during the day included: - Correspond with K. Schweninger re: claims process and draft presentation - Assist K. Schweninger with draft claims presentation and accompanying schedules Activities during the day included: - Participate on conference call with C&A management as well as debtor and creditor professionals to discuss preliminary claims presentation - Correspond with K. Schweninger re: claims process and draft presentation - Assist K. Schweninger with draft claims presentation and accompanying schedules Activities during the day included: - Correspond with K. Schweninger and KZC team leadership re: claims process next steps - Prepare grid of all debtor and non-debtor North American entity payables - Organize claims related materials & files for future reference Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Prepare due diligence status report and checklist Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Update due diligence status report and checklist

05/02/06

11.8

05/03/06

9.1

05/04/06

8.3

05/08/06

8.4

05/09/06

9.9

Page 84 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/10/06

HOURS 10.3

DAILY LOG Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Update due diligence status report and checklist Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Update due diligence status report and checklist - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Update due diligence status report and checklist - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Update due diligence status report and checklist - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare due diligence analyses for C&A Williamston

05/11/06

10.7

05/12/06

8.2

05/14/06

1.7

05/15/06

9.2

Page 85 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/16/06

HOURS 10.4

DAILY LOG Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare FY 2005 & FY 2006 program and customer level revenue, expense and profitability analyses for C&A Williamston Activities during the day included: - Participate in meetings with representatives and employees of a potential buyer for Williamston plant - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare FY 2005 & FY 2006 program and customer level revenue, expense and profitability analyses for C&A Williamston Activities during the day included: - Review due diligence materials relating to potential sale of C&A Williamston plants - Forward due diligence materials to KZC Matt Jackson to post to Intralinks

05/17/06

11.1

05/18/06

10.7

05/19/06

8.3

05/22/06

2.5

Page 86 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 05/23/06

HOURS 3.5

DAILY LOG Activities during the day included: - Review due diligence materials relating to potential sale of C&A Williamston plants - Forward due diligence materials to KZC Matt Jackson to post to Intralinks Activities during the day included: - Review due diligence materials relating to potential sale of C&A Williamston plants - Forward due diligence materials to KZC Matt Jackson to post to Intralinks Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Meetings and discussions with C&A Williamston management, corporate personnel and KZC team regarding due diligence requests - Upload Williamston due diligence materials to Intralinks - Prepare due diligence analyses for C&A Williamston - Prepare program and customer level revenue, expense and profitability analyses for C&A Williamston by month

05/26/06

2.0

05/30/06

10.3

05/31/06

11.4

TOTAL

167.6

Page 87 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 05/17/06

HOURS 9.5

DAILY LOG Activities during the day included: - Spoke with L. Smith regarding high level review of BOS system - Filled out forms & followed up with IT specialists regarding gaining access to C&A network systems - Reviewed Business Operating System Presentation Activities during the day included: - Obtained network log-in and downloaded software needed to access C&A systems - Met with N. Riley to review monthly & quarterly fee application process as well as BOS reports and the use of cube formulas - Reviewed monthly & quarterly fee application documents - Reviewed OutlookSoft BOS reports Activities during the day included: - Created template for monthly fee statement - Reviewed PowerPoint describing BOS metrics - Downloaded Excel add-in software for Cube Analysis to be used in BOS report - Met with L. Smith, N. Riley and VPOs regarding status of BOS project and coming up with an agreed upon set of metrics Activities during the day included: - Met with L. Smith to discuss changes to the BOS project metrics - Input metric formula changes to BOS report - Met with R. Guyse to discuss status of BOS project and her ability to use formulas to input data from plants into BOS - Obtained access to C&A BOS cube - Created template of measurables to be obtained from the plants, which will drive the BOS metrics Activities during the day included: - Met with R. Guyse regarding creating OutlookSoft BOS IDs for new measurables - Revised BOS Report so that certain metrics will be pulled from the Finance cube instead of the BOS cube - Learned how to pull new metrics from the BOS cube into the BOS report using cube formulas - Formatted BOS Report - Revised BOS Template

05/18/06

10.2

05/19/06

7.5

05/22/06

9.2

05/23/06

11.3

Page 88 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 05/24/06

HOURS 11.0

DAILY LOG Activities during the day included: - Met with R. Guyse regarding creating new BOS IDs for new measures as well as using formulas in the new BOS template to input data into the BOS cube - Input formulas into the new BOS template that send the plant data to the BOS cube - Input formulas into the BOS report that pull data from the BOS cube for new BOS measures - Formatted BOS Report to highlight positive/negative trends Activities during the day included: - Reviewed formatting to highlight trends in BOS report - Added Quality measures to BOS report - Revised pivot tables and charts in BOS report - Tied data from old BOS template to new BOS template to ensure formulas were correct - Set up BOS template for budgeted data and input formulas to link the budgeted data to the BOS report Activities during the day included: - Reviewed pivot tables & charts in the BOS report - Reviewed BOS template for budgeted data - Prepared schedule comparing budgeted to actual April, 2006 YTD Net Sales and EBITDA for Plastics and Tooling Plants Activities during the day included: - Identified Plastics & Tooling plants whose actual YTD EBITDA is behind budget by more than $200K - Prepared analysis by plant for both Plastics & Tooling divisions of April YTD 2006 actual results versus budgeted results Activities during the day included: - Prepared analysis by plant for both Plastics & Tooling divisions of April YTD 2006 actual results versus budgeted results - Created charts and graphs for each plant that highlight problem plants and buckets (i.e. pricing, material, cost reductions)

05/25/06

11.2

05/26/06

8.0

05/30/06

10.5

05/31/06

12.8

TOTAL

101.2

Page 89 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 05/01/06

HOURS 10.6

DAILY LOG Activities during the day included: - Worked on the substantive consolidation model to fix the existing structure and formulas - Began to develop a new overall structure for the "SubCon" model to more easily extract the desired insights Activities during the day included: - Worked on the substantive consolidation model by continuing development a new structure for the "SubCon" model - Participated in an outlook soft internal database meeting to better understand how to access pertinent data from the company's servers Activities during the day included: - Worked to further progress on the subcon model - Found and removed a number of formula errors on a segment of the sheets - Met with M. Lymbery to sketch out next action steps for the subcon model Activities during the day included: - Performed an analysis of all the prepetition liabilities paid post petition categorizing the amounts into addressable buckets - Modeled scenarios for possible Ford capital repayment schedules - Worked to further progress on the subcon model Activities during the day included: - Furthered the Pre-petition payables analysis to better understand balance available to pay a segment of vendor payables - Continued work on the subcon model Activities during the day included: - Worked to further progress on the subcon model - Minimized the impact of the circularity function that allocated all intercompany receivables / payables - Met with M. Lymbery to sketch out next action steps for the subcon model

05/02/06

12.9

05/03/06

11.6

05/04/06

11.2

05/05/06

8.0

05/07/06

2.5

Page 90 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 05/08/06

HOURS 11.4

DAILY LOG Activities during the day included: - Modeled more scenarios for capital repayment to each of the Customers - Furthered the Pre-petition payables analysis to better understand balance available to pay a segment of vendor payables - Continued work on the subcon model Activities during the day included: - Met with accounts payable department about inconsistencies in data represented in 2 different systems (PAS, TMS) - Met with Nick Riley to transition more of his responsibilities to myself - Mapped transactions made in the BBK log against those in the C&A treasury log - Furthered work on the subcon model Activities during the day included: - Met with M. Lymbery to discuss status of subcon model and handoff in order to allow for more of my time to be spent with the tooling team - Met with A. Kaz, D. Kerrigan, N. Riley for the full afternoon to scope out the next set of tooling initiatives Activities during the day included: - Performed follow-up analysis on the subcon model based on comments from the previous day's subcon meeting - Discovered additional amounts that had been invoiced in reference to the H2 and met with Ann Arent to address the situation Activities during the day included: - Continued work on delineating which invoices have been paid directly to the vendor by the customer and how that information appears in C&A internal systems Activities during the day included: - Worked to reconcile inconsistencies in the I/C payables in the subcon model Activities during the day included: - Met with V. Kopki to reconcile more inconsistencies between internal systems regarding payments and invoices issued - Worked with A. Kaz to reconcile $41m in unallocated customer payments

05/09/06

11.9

05/10/06

12.6

05/11/06

12.3

05/12/06

8.0

05/13/06

2.0

05/16/06

13.7

Page 91 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 05/17/06

HOURS 12.2

DAILY LOG Activities during the day included: - Met with J. Boken, A. Kaz, D. Kerrigan, W. Murphy regarding tooling status - Continued work to reconcile unallocated customer payments Activities during the day included: - Performed analysis to segregate LX Trapline product line from the rest of LX in order to better understand outstanding commitments and billings. Met with A. Kaz, D. Kerrigan to review LX Trapline findings - Continued to reconcile invoice amounts between systems and identify PPAP dates that require updating Activities during the day included: - Met with Matti M. to review status of tooling payables / receivables - Continued trapline analysis to better understand cash flows stemming from the program Activities during the day included: - Participated on a conference call with legal regarding triway claims against tools - Continued with Trapline analysis to detail the cash situation of each TPO Activities during the day included: - Met with J.Boken and tooling team regarding capital repayment schedules and a tooling update - Worked on capital repayment schedules and forecasting expected vehicle shipments - Investigated a lien claim from D&F and worked with the payables team to confirm the status of their invoices Activities during the day included: - Continued work on capital repayment schedules - Met with J. Boken and tooling team regarding capital repayment as well as letters to be sent to vendors confirming their receipt of payment directly from the customer for outstanding invoices - Assembled the appropriate data for the vendor confirmation letters to be included in a schedule that will be sent along with the letters

05/18/06

11.8

05/19/06

8.0

05/22/06

10.1

05/23/06

12.0

05/24/06

11.7

Page 92 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 05/25/06

HOURS 15.7

DAILY LOG Activities during the day included: - Began work on compiling quantitative aspect of the vendor confirmation letters using transaction logs given to us from SRR and BBK - Finalized Ford capital repayment schedules Activities during the day included: - Continued work on the detailed backup for the vendor payment confirmation letters. Participated on a call with the BBK team to gain clarity on a number of the transactions listed in their DCX log Activities during the day included: - Continued work on the quantitative detail behind each of the vendor payment confirmation letters - Began compiling a contact list for each of the 50+ vendors to send letters to. Enlisted the help of Tim Woody (C&A) to return to me their details for each of the vendors - Prepared an analysis identifying the balances left uncollected in a set of TPOs Activities during the day included: - Continued work on the quantitative detail behind each of the vendor payment confirmation letters - Met with J. Boken with preliminary sketch of design and type of information that can be included in each of the detailed schedules to be sent along with each of the vendor payment confirmation letters - Discussed with Tim Woody issues his team was having in compiling the contact list. Offered direction regarding the type of individuals with whom we wanted to communicate

05/26/06

9.0

05/30/06

12.2

05/31/06

12.0

TOTAL

243.4

Page 93 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ELIZABETH KARDOS MANAGING DIRECTOR PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION

DATE 05/11/06 05/12/06 TOTAL

HOURS 0.3 0.3 0.6

DAILY LOG Discussion with KZC staff regarding disclosures and ethical screening Discussion with KZC staff regarding disclosures and ethical screening

Page 94 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSES RELATING TO LEASE RENEGOTIATION EFFORTS IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/24/06

HOURS 9.7

DAILY LOG Activities of the day - Reviewed GECC Master Lease Phase I Contract - Reviewed GECC Master Lease Phase II Contract - Reviewed GECC Master Lease Phase III Contract - Prepared analyses assuming renewal of the GECC contracts Activities of the day - Reviewed Toyota Lift Fleet analyses prepared by C&A - Reviewed Toyota Lift Fleet analyses prepared by TMCC - Prepared an analysis in preparation of GECC negotiations - Reviewed cash flow projection model Activities of the day - Reviewed Southwest Laminates P&L and balance sheet for cash flow projections - Worked with C&A employees on lease information to be included in the cash flow model - Updated cash flow model based upon new information received from C&A - Reviewed yards projection for winddown period

05/25/06

5.5

05/31/06

10.2

TOTAL

25.4

Page 95 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/02/06

HOURS 12.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and reported financial information for Monthly DIP Reporting Package - Analyzed actual shipment information for trends and variances to budget - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Refining of Cash Flow Model and supporting databases

05/03/06

13.7

05/04/06

12.6

05/05/06

6.0

Page 96 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/08/06

HOURS 11.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Resolved vendor issues - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

05/09/06

13.8

05/10/06

12.9

05/11/06

13.8

Page 97 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/12/06

HOURS 6.8

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

05/16/06

12.7

05/17/06

12.8

Page 98 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/18/06

HOURS 11.4

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Discussed with Pam Winquist, C&A, identifying and recording restructuring expenses - Resolved vendor issues - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Constructed and refined an integrated financial statement model for the Tooling division for the 2006 forecasted period - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

05/19/06

5.8

05/22/06

12.3

Page 99 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/23/06

HOURS 12.6

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

05/24/06

12.2

05/25/06

13.6

05/26/06

7.3

Page 100 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 05/30/06

HOURS 11.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

05/31/06

12.8

TOTAL

227.7

Page 101 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/01/06

HOURS 8.2

DAILY LOG Activities of the day: - Researching real estate leases for Fabrics in order to determine actual rent charges and continuing to build real estate lease rejection analysis - Researching pre-petition and post-petition balances on Fabrics real estate leases. Working to determine balances by individual plant - Determining action steps that need to be taken in order to build an online war room - Meeting with the Fabrics controller to discuss key milestones in the wind down of the Fabrics division in order to begin building a projected timeline - Preparing a timeline that outlines key milestones in the wind down of Fabrics Activities of the day: - Creating a data storage room, uploading key documents to this room and restricting the access so that only certain people could view the contents - Working with C&A leadership to determine pre-petition and post-petition real estate lease balances for each plant in Roxboro - Continuing to develop the Fabrics real estate lease rejection analysis by updating rent figures and cross checking information to ensure accuracy - Updating the timeline that outlines key milestones in the wind down of Fabrics. Adding important asset sale information after speaking with the Fabrics facilities manager Activities of the day: - Continuing to develop the Fabrics real estate lease rejection analysis by updating rent figures and cross checking information to ensure accuracy - Reviewing information regarding Williamston. Assessing the relevance of the information to the online data storage room and uploading the necessary information - Acquiring a schedule of Fabrics product build-outs and sending this information to those that requested it - Updating timeline that outlines key milestones in the wind down of Fabrics

05/02/06

9.3

05/03/06

9.2

Page 102 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/04/06

HOURS 10.1

DAILY LOG Activities of the day: - Discussing Fabrics equipment and services contracts with the Fabrics purchasing leader. Analyzing individual leases to ensure that necessary lease rejections are filed and certain leases are cancelled - Analyzing information on Roxboro warehouses whose leases had been rejected. Using this information to continue developing the real estate lease rejection sheet for Fabrics - Updating online data storage room. Ensuring that necessary security settings are in place and giving the proper people access to the information - Projecting Fabrics division severance costs under a variety of circumstances relating to years of service at C&A - Discussing accrued vacation and other related vacation data with the Fabrics controller Activities of the day: - Meeting with the Fabrics facilities manager to discuss owned and leased equipment relating to the Fabrics division - Acquiring detailed information regarding the owned and leased equipment for the Roxboro and Southwest Laminates locations - Preparing a detailed asset register relating to all of the owned and leased equipment at the Roxboro - Sycamore, Roxboro - Cavel and Roxboro - Elm locations Activities of the day: - Reviewing and analyzing asset and equipment information relating to the Fabrics plant in Farmville - Preparing and developing an asset register for Fabrics that will enable asset sales to be tracked during the wind down - Reviewing and reassessing user rights to an online data storage space Activities of the day: - Reviewing and analyzing asset and equipment information relating to the Fabrics plant in Farmville - Preparing and developing an asset register for Fabrics that will enable asset sales to be tracked during the wind down - Reviewing and updating user rights to an online data storage space

05/05/06

8.1

05/08/06

9.4

05/09/06

5.2

Page 103 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/10/06

HOURS 10.7

DAILY LOG Activities of the day: - Speaking with the Fabrics facilities manager regarding the sale of equipment and assets during the wind down - Reviewing and analyzing asset and equipment information relating to the Western Ave plant - Preparing and developing an asset register for Fabrics that will enable asset sales to be tracked during the wind down - Preparing and revising employee information relating to the potential sale of a Fabrics facility - Updating the online data storage space in order to ensure that the appropriate people could access the information - Speaking with organizations that may be interested in purchasing property currently occupied by Fabrics Activities of the day: - Reviewing and editing a proposal regarding the collection of accounts receivable at Fabrics - Gathering and preparing lease information relating to the potential sale of a Fabrics facility - Updating the online data storage space to ensure that information was both properly accessible and protected - Analyzing and developing a wind down cash flow projection for Fabrics - Working to ensure that all requests made by potential purchasers of the property currently occupied by Fabrics are satisfied Activities of the day: - Analyzing and developing a wind down cash flow projection for Fabrics - Preparing and analyzing Fabrics employee data for submission to the courts as part of the wind down of Fabrics - Preparing and analyzing lease information relating to the potential sale of a plant - Speaking with organizations that may be interested in purchasing property currently occupied by Fabrics - Updating the online data storage space in order to ensure that the appropriate people could access the information

05/11/06

11.4

05/12/06

8.1

Page 104 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/16/06

HOURS 12.1

DAILY LOG Activities of the day: - Preparing and analyzing Fabrics employee data for submission to the courts as part of the wind down of Fabrics - Meeting with individuals at Fabrics and gathering lease information from them relating to the potential sale of a plant - Working with the legal advisors to obtain a confidentiality agreement for a party interested in purchasing Fabrics businesses/equipment - Analyzing and assessing the wind down cash flow analysis for the Fabrics division - Developing an asset register for Fabrics so that sales could be tracked on a weekly basis as opposed to a monthly basis Activities of the day: - Working with the legal advisors to obtain a confidentiality agreement for a party interested in purchasing Fabrics businesses/equipment - Updating the online data storage space to ensure that the appropriate people had access - Developing an asset register for Fabrics that could track sales on a weekly basis and beginning to input weekly asset sale projections - Working with Fabrics leadership to gather employee data for submission to the courts as part of the Fabrics wind down - Developing the wind down cash flow analysis for Fabrics so that cash flows could be tracked on a weekly basis as opposed to a monthly basis Activities of the day: - Working with Fabrics leadership to gather employee data for submission to the courts as part of the Fabrics wind down - Working with C&A corporate to understand asset leases in order to produce information relating to the potential sale of a plant - Gathering and preparing information relating to an asset auction at Fabrics - Developing the wind down cash flow analysis for Fabrics so that cash flows could be tracked on a weekly basis as opposed to a monthly basis - Incorporating equipment sale projections into the wind down cash flow analysis for Fabrics

05/17/06

12.6

05/18/06

9.3

Page 105 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/19/06

HOURS 8.1

DAILY LOG Activities of the day: - Developing the wind down cash flow analysis for Fabrics so that cash flows could be tracked on a weekly basis as opposed to a monthly basis - Working with the legal advisors to obtain a confidentiality agreement for a party interested in purchasing Fabrics businesses/equipment - Working with Fabrics leadership to gather employee data for submission to the courts as part of the Fabrics wind down - Working with Fabrics facilities manager to ensure that the asset register is properly maintained with accurate asset data and cash flow projections Activities of the day: - Working with Fabrics leadership to gather employee data for submission to the courts as part of the Fabrics wind down - Developing the wind down cash flow analysis for Fabrics so that cash flows could be tracked on a weekly basis as opposed to a monthly basis - Analyzing the sales projections for Fabrics and updating the wind down cash flow to reflect this information - Gathering information relating to Williamston and posting this information to the online data storage space - Updating the Williamston Due Diligence tracking report to account for new open items as well as completed requests Activities of the day: - Working with Fabrics leadership to gather employee data for submission to the courts as part of the Fabrics wind down - Analyzing payroll information for both hourly and salaried employees and updating the Fabrics wind down cash flow with this information - Discussing the severance policy for Fabrics with the Fabrics controller and updating the wind down cash flow with severance information - Gathering information relating to Fabrics utilities and adding this information to the wind down cash flow - Analyzing the sales projections for Fabrics and updating the wind down cash flow to reflect this information

05/22/06

8.8

05/23/06

13.1

Page 106 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/24/06

HOURS 12.2

DAILY LOG Activities of the day: - Gathering information relating to Williamston and posting this information to the online data storage space - Analyzing payroll information for hourly employees and updating the Fabrics wind down cash flow with this information - Assessing and analyzing severance information for hourly employees at Fabrics and incorporating this information into the cash flow wind down - Gathering information relating to Farmville and Roxboro utilities and adding this information to the wind down cash flow - Developing the weekly cash flow for Fabrics and ensuring that all data is input properly and formulas are calculating correctly Activities of the day: - Analyzing Fabrics direct material projections for the wind down and incorporating these into the wind down cash flow - Gathering waste disposal cost information for Fabrics and updating the wind down cash flow with this information - Speaking with the purchasing leader at Fabrics regarding leases and adding lease data into the wind down cash flow - Assessing and analyzing payroll information for Fabrics to ensure that data was accurately represented in the cash flow model - Speaking with the controller for Fabrics regarding prepaid accounts and incorporating this information into the wind down cash flow Activities of the day: - Assessing and analyzing severance information for salaried and hourly employees at Fabrics to ensure that the projections for severance costs were within the total allowable amount - Acquiring and analyzing balance sheet information and income statement projections for Fabrics - Speaking with the controller for Fabrics regarding severance for employees and the timing of prepaid accounts - Acquiring information regarding prepaid accounts at Fabrics and incorporating this information into the wind down cash flow

05/25/06

9.4

05/26/06

8.1

Page 107 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 MATTHEW JACKSON ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF OPERATIONS AND RESTRUCTURING ALTERNATIVES (FABRICS) IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION

DATE 05/31/06

HOURS 10.1

DAILY LOG Activities of the day: - Gathering data from members of the Fabrics leadership team that will be incorporated into the wind down cash flow - Transitioning cash flow responsibilities to other members of KZC and providing them with appropriate materials - Providing other members of KZC with any information that may be useful going forward at Fabrics

TOTAL

193.5

Page 108 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 NICK RILEY ANALYST PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF CUSTOMER FUNDED CAPEX, LAUNCH AND TOOLING COST DATABASES RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS ASSISTANCE IN DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS)

DATE 05/01/06

HOURS 11.0

DAILY LOG Activities during the day included: - Integrated BOS template into an OutlookSoft format for automated updating - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Prepared questions for Don Sebest related to OutlookSoft tutorial - Prepared April Fee Statement template for time description insert Activities during the day included: - Attended OutlookSoft tutorial courtesy of Don Sebest - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Updated BOS template to include additional OutlookSoft account naming conventions - Prepared April Fee Statement template for time description insert Activities during the day included: - Identified early Capex funding for Tony Muscillo to include in capital repayment analysis - Insert April time descriptions into April Fee Statement template - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Updated Chase Insight bank report database for Ann Arendt - Spoke with Arthur Kaz about go forward capital repayment planning for all OEM's Activities during the day included: - Updated capital repayment schedules to include most recent agreed upon repayment timeframes - Worked with Puneet Agrawal to prepare updated capital repayment schedules for distribution to OEM's - Updated BOS template to include additional OutlookSoft account naming conventions - Updated Chase Insight bank report database for Ann Arendt Activities during the day included: - Updated Lee Smith's laptop with OutlookSoft and excel OLAP software - Insert April time descriptions into April Fee Statement template - Reviewed BOS presentation for 5/18 meeting with the Plastic's VPO's - Printed out various graphs to test output of new BOS reporting system

05/02/06

12.8

05/03/06

12.4

05/08/06

10.0

05/09/06

12.9

Page 109 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 NICK RILEY ANALYST PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF CUSTOMER FUNDED CAPEX, LAUNCH AND TOOLING COST DATABASES RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS ASSISTANCE IN DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS)

DATE 05/10/06

HOURS 13.0

DAILY LOG Activities during the day included: - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Insert April time descriptions into April Fee Statement template - Obtained and reviewed April KZC invoice - Combined the OutlookSoft Finance database with the BOS database for ratio analysis within new BOS reporting system Activities during the day included: - Prepared a capital repayment schedule which compares agreed upon repayment terms and full JD Power years terms - Insert April time descriptions into April Fee Statement template - Combined the OutlookSoft Finance database with the BOS database for ratio analysis within new BOS reporting system - Updated Chase Insight bank report database for Ann Arendt Activities during the day included: - Prepared the March CNO for signature - Filed the April Fee Statement - Combined the OutlookSoft Finance database with the BOS database for ratio analysis within new BOS reporting system Activities during the day included: - Spoke with Leona Phillips about TCL content going forward - Prepared for 5/18 BOS presentation to Plastic's VPO's - Ran BOS report from new system to test expediency - Spoke with Lee Smith about automation of new BOS reporting system - Updated Chase Insight bank report database for Ann Arendt Activities during the day included: - Insert safety measurable into BOS reporting system - Spoke with Don Sebest about initiatives for cleaning up the current BOS plant logging system - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Prepared for 5/18 BOS presentation to Plastic's VPO's

05/11/06

13.1

05/12/06

9.0

05/16/06

11.0

05/17/06

12.3

Page 110 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 NICK RILEY ANALYST PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF CUSTOMER FUNDED CAPEX, LAUNCH AND TOOLING COST DATABASES RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS ASSISTANCE IN DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS)

DATE 05/18/06

HOURS 12.5

DAILY LOG Activities during the day included: - Spoke with Julie Black about go forward maintenance of BOS reporting system and other related tasks - Prepared May Fee Statement descriptions - Spoke with Rene Guyse about KZC's initiatives for updating the BOS system for Plastics - Spoke with Puneet Agrawal about binder system for logging customer funded capex, launch and tooling letters Activities during the day included: - Attended meeting on BOS reporting system and the revamping of plant level logging of measurables - Downloaded data and files onto the C&A network for go forward accessibility - Updated capital repayment schedules for all OEM's - Spoke with Julie Black and Rene Guyse about maintenance of BOS reporting system

05/19/06

9.0

TOTAL

139.0

Page 111 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 SONDRA LAVIN ANALYST PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION

DATE 05/05/06

HOURS 4.0

DAILY LOG Activities for the day included: - Made general changes to template for April time descriptions - Formatted time descriptions for Lavin, Cooper, Mackay, Mizak and Frazier Activities for the day included: - Made general changes to template for April time descriptions - Formatted time descriptions for Mahon Activities for the day included: - Made general changes to template for April time descriptions - Formatted time descriptions for Potash Activities for the day included: - Made general changes to template for April time descriptions - Formatted time descriptions for Sharpe, Crane, Lymbery, Jackson, and Kaz Activities for the day included: - Made general changes to template for April time descriptions - Formatted time description for Orlofsky

05/08/06

0.5

05/10/06

2.0

05/11/06

5.0

05/12/06

2.0

TOTAL

13.5

Page 112 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 05/02/06

HOURS 1.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

05/03/06

2.0

05/04/06

0.5

05/08/06

0.5

05/11/06

0.5

Page 113 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 05/16/06

HOURS 0.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

05/18/06

0.5

05/22/06

2.0

05/23/06

1.5

Page 114 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 05/30/06

HOURS 0.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

05/31/06

9.0

TOTAL

18.5

Page 115 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 KATHLEEN MAHON PARA-PROFESSIONAL

DATE 05/05/06

HOURS 9.5

DAILY LOG Activities during the day included: - Collecting & entering time & expense reports Activities during the day included: - Verify accuracy of expenses submitted Activities during the day included: - Create initial schedules for the monthly invoice Activities during the day included: - Begin gathering data for next monthly invoice Activities during the day included: - Prepared draft invoice Activities during the day included: - Completed processing of final invoice

05/09/06

9.0

05/12/06

9.7

05/17/06

11.0

05/22/06

10.5

05/25/06

10.5

TOTAL

60.2

Page 116 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 SUZANNE MACKAY PARA-PROFESSIONAL

DATE 05/01/06 05/02/06 05/03/06 05/04/06 05/05/06 05/08/06 05/09/06 05/13/06 05/11/06 05/12/06 05/15/06 05/16/06 05/17/06 05/18/06 05/19/06 05/22/06 05/23/06 05/24/06 05/25/06 05/26/06 05/30/06

HOURS 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.6 0.4 0.3 0.4 0.4 0.5 0.6 0.3 0.2 0.1 0.1 0.3 0.3 0.2

DAILY LOG Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities

Page 117 of 118

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG MAY 2006 SUZANNE MACKAY PARA-PROFESSIONAL

DATE 05/31/06 TOTAL

HOURS 0.1 8.0

DAILY LOG Assisting S. Cooper in relation to C&A activities

Page 118 of 118

EXHIBIT C-2 Summary of Hours Billed by Professionals and Para-professionals For the Period from June 1, 2006 through June 30, 2006
Hours June 242.0 259.4 231.0 181.4 202.6 207.5 239.5 205.5 240.0 296.0 249.3 234.9 230.7 249.7 232.4 251.7 215.4 230.5 197.4 11.0 4,407.9 Hourly Rate $685.00 $625.00 $625.00 $510.00 $510.00 $495.00 $495.00 $485.00 $485.00 $485.00 $465.00 $445.00 $445.00 $435.00 $390.00 $380.00 $350.00 $325.00 $325.00 $225.00 Compensation June $165,770.00 162,125.00 144,375.00 92,514.00 103,326.00 102,712.50 118,552.50 99,667.50 116,400.00 143,560.00 115,924.50 104,530.50 102,661.50 108,619.50 90,636.00 95,646.00 75,390.00 74,912.50 64,155.00 2,475.00 2,083,953.00

Professional John Boken William Murphy David Orlofsky Bret Fernandes Mark Lymbery Richard Mizak Daniel Kerrigan Arthur Kaz John Sharpe Lee Smith Lyle Potash Tadd Crane Mark Cervi Dana Frazier Julie Black Puneet Agrawal Scott Martinez Christopher Yi Leane Guo Sondra Lavin Total for Professionals Para-professional Alicia Englund Kathleen Mahon Suzanne Mackay Kyle Caress Total for Para-professionals Total for Professionals & Para-professionals

51.5 56.7 4.6 108.5 221.3

$75.00 $75.00 $75.00 $40.00

3,862.50 4,252.50 345.00 4,340.00 12,800.00

4,629.2

$2,096,753.00

K&E 11262007.3

Summary of Expenses and Other Fees For the Period from June 1, 2006 through June 30, 2006
June $178,821.34 17,774.80 2,467.84 546.96 6.00 12.00 109.20 5.00 $199,743.14

Travel and Lodging Meals Telephone Direct Costs Fax Charges-In Fax Charges-Out Photocopies Postage Total Expenses and Other Fees

K&E 11262007.3

Invoices for the Period June 1, 2006 through June 30, 2006 (See Attached)

2
K&E 11262007.3

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/01/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: Williamston sale process, issues and action plan - Addressing of outstanding issues re: proposed MOBIS transaction - Participation in conference call re: strategy for GECC negotiations - Conference call re: draft Board presentation on pension alternatives - Preparation for and attendance at hearing re: Fabrics and GECC - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Participation in conference call with C&A Restructuring Committee - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Working session to refine draft Board presentation re: pension issues - Meeting re: issues relating to catastrophic health insurance coverage - Sign-off on 04/06 Monthly Reporting Package to DIP Lenders - Review of updated presentation re: forecast risks and opportunities - Resolution or resource issues re: claims reconciliation and estimation - Participation in conference call re: proposed DIP financing amendment - Meeting re: strategy and resources for managing Fabrics wind down - Meeting re: status of tooling action plan and asset monetization efforts - Planning for 06/05/06 restructuring strategy meeting with K&E - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Review of materials in preparation for 06/04/06 senior mgmt meeting - Revising of restructuring work plan for 06/05/06 strategy meeting - Updating of KZC objectives and action plans for week of 06/05/06 Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in C&A senior mgmt meeting re: operations and forecast - Revising of restructuring work plan and timeline for 06/05/06 meeting - Review of materials in preparation for 06/05/06 restructuring meeting - Assessment of creditor recoveries under alternative EBITDA scenarios - Ongoing assessment of situation and strategic alternatives

06/02/06

10.0

06/03/06

2.0

06/04/06

8.0

Page 1 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/05/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review and revising of updated Board presentation re: pension issues - Meeting re: draft letters to tooling vendors confirming OEM payments - Meeting with CFO re: Hermosillo financial performance and issues - Meeting with CFO re: preliminary 2007 and 2008 reforecast output - Leadership of restructuring strategy meeting with K&E and C&A - Phone call with Board member re: performance questions - Phone calls with potential POR investors re: reforecast timing - Participation in conference call with C&A Restructuring Committee - Review and sign-off on updated 13-week cash flow forecast - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation of agenda and materials for 06/07/06 C&A Board call - Review and sign-off on 03/06 Professional Fee Report for C&A Board - Meeting re: refinement to DIP amendment proceed sharing proposal - Meeting re: update on DCX opportunity, pricing and outstanding issues - Meeting with GC re: status of negotiations on resin supply agreement - Discussion re: status of disclosure statement and revised timeline - Outlining of strategy for constituency updates re: Fabrics wind down - Resolution of outstanding issues re: 2006 - 2008 reforecast - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Planning for presentations to various constituencies re: reforecast - Conference call re: Plastics operating performance issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Preparation for and participation in C&A Board conference call Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of revised analyses re: Hermosillo operating results - Review of draft term sheet from DCX re: requirements for new business - Conference call re: DCX term sheet issues and strategy - Participation in presentation to creditor advisors re: reforecast - Leadership of daily restructuring issues call with K&E and C&A

06/06/06

12.0

06/07/06

6.0

06/08/06

4.0

Page 2 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/09/06

HOURS 4.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone calls re: status of outstanding issues and various KZC projects - Participation in presentations to potential POR investors re: reforecast - Conference call re: labor strategy, analysis requirements and timeline - Drafting of language for Third Interim Fee Application for KZC - Leadership of daily restructuring issues call with K&E and C&A Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Assessment of alternatives for addressing various outstanding issues - Drafting of agenda and materials for upcoming creditor meetings - Updating of KZC objectives and action plans for week of 06/12/06 No hours incurred Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for 06/14/06 and 06/15/06 meetings with creditors - Phone call re: Convertibles issues and status of sale process - Phone call re: Fabrics wind down and asset liquidation - Conference call with potential POR investor re: term sheet timing - Analysis of updated information re: pre-petition A/R and GECC - Phone call with CFO re: operating performance issues - Phone call re: potential tax deconsolidation issue - Outlining of key restructuring issues to address in creditor meetings - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

06/10/06

2.0

06/11/06 06/12/06

10.0

Page 3 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/13/06

HOURS 14.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: revisions to 2007 / 2008 reforecast figures - Phone call with Restructuring Committee members re: reforecast - Meeting with customer advisors re: pre-petition A/R reconciliation - Preparation for 06/14/06 and 06/15/06 meetings with creditors - Phone call re: status of bids for liquidation of Fabrics equipment - Meeting re: draft letters to tooling vendors confirming OEM payments - Meeting re: Williamston sale process, issues and action plan - Phone call with CEO re: Hermosillo and other plant issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Outlining of anticipated requirements for individual OEM term sheets - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Phone call with potential POR investor re: due diligence issues - Outlining of alternatives for resolving pre-petition A/R issues - Meeting with CEO, CFO and GC re: operating and restructuring issues - Meeting with K&E in preparation for meeting with Committee - Meeting with Committee representatives, counsel and advisors - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for meeting with Secured Lenders and advisors - Meeting with agent for Secured Lenders, counsel and advisors - Addressing of issues re: Ford recovery of capex and launch advances - Phone call re: status of outstanding issues relating to tooling - Phone call re: update on supporting claims against C&A Europe - Phone call with potential POR investor re: due diligence questions - Meeting with K&E re: labor strategy, issues and timeline - Revising of outline of issues to address in individual OEM term sheets - Phone call re: preliminary operating results for 05/06 - Providing guidance to K&E and KZC professionals on various issues

06/14/06

12.0

06/15/06

10.0

Page 4 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/16/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with SVP - Commercial re: outstanding commercial issues - Phone call with potential POR investor re: due diligence questions - Participation in update meeting with Nissan representatives - Phone call re: outstanding DCX and GM pre-petition A/R - Review of weekly sales flash report - Phone call re: strategy for reforecast meetings with OEM advisors - Discussion with CFO re: finance and accounting staffing issues - Outlining of recurring performance issues for discussion with CEO - Phone call with CEO re: recurring issues and need for action plan - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Analysis of detailed information re: recent Plastics results by plant - Review of materials in preparation for 06/19/06 C&A mgmt meeting - Updating of KZC objectives and action plans for week of 06/19/06 No hours incurred Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Assistance in scheduling of update meetings with OEM advisors - Participation in C&A senior management meeting - Phone call with potential POR investor re: value and recovery issues - Review of draft support for 05/06 Monthly Operating Report - Analysis of financial information re: Hermosillo and Ford Fusion prgm - Preparation for testimony at hearing re: Hermosillo / GECC issue - Attendance at hearing re: Hermosillo / GECC issue - Phone call with asset liquidation firm re: bid for Fabrics opportunity - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

06/17/06

4.0

06/18/06 06/19/06

12.0

Page 5 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/20/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: union labor negotiation strategy and issues - Review of bids for liquidation of Fabrics equipment - Conference call re: response to DCX term sheet for new business - Preparation of agenda and materials for 06/21/06 C&A Board call - Review and sign-off on C&A Monthly Operating Report for 05/06 - Conference call with K&E re: Hermosillo information needs - Working session re: Hermosillo performance and Ford program - Participation in conference call with C&A Restructuring Committee - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call with Administrator re: status of C&A Europe process - Participation in reforecast and update meeting with OEM advisors - Resolution of outstanding issues re: DIP amendment request - Phone calls re: status of discussions with potential POR investors - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Outlining of action plan for resolving claims issues with C&A Europe - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for presentation to DIP lenders re: amendment request - Presentation to DIP lenders re: rationale for amendment request - Phone calls with potential POR investors re: proposed bid timeline - Review of actual to budget analyses re: Hermosillo facility - Conference call re: status of Fabrics wind down process - Conference call re: Hermosillo / GECC issue and alternatives - Meeting re: strategy for upcoming meetings with UAW and USW - Review of proposed response to DCX term sheet for new business - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

06/21/06

12.0

06/22/06

12.0

Page 6 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/23/06

HOURS 8.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with GC re: latest discussions with potential POR investors - Conference call with Secured Lender group re: C&A update - Phone call re: presentation for 06/26/06 meeting with UAW - Outlining of potential testimony re: Hermosillo operations - Conference call re: Hermosillo / GECC issue and alternatives - Phone call with SVP - Commercial re: status of DCX opportunity - Analysis of various liquidity forecast scenarios through 12/31/06 - Phone call re: cash flow / liquidity scenarios through 12/31/06 - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Outlining of potential testimony re: Hermosillo operations - Review of communications re: outstanding Fabrics wind down issues - Updating of KZC objectives and action plans for week of 06/26/06 No hours incurred Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in meeting with UAW representatives re: labor issues - Phone calls with asset liquidation firms re: Fabrics bids - Phone call with potential POR investor re: POR proposal concepts - Meeting re: C&A Europe intercompany claim issues and action plan - Review of draft presentation for meeting with potential POR investor - Phone call re: need for due diligence on resin supply intermediary - Conference call re: withdrawal of motion on Hermosillo / GECC issue - Meeting re: review of GECC proposal for resolution of lease issues - Conference call with C&A restructuring advisors re: POR action plan - Providing guidance to K&E and KZC professionals on various issues

06/24/06

2.0

06/25/06 06/26/06

12.0

Page 7 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/27/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Outlining of comments re: draft motion for extension of exclusivity - Participation in conference call re: DIP amendment issues - Outlining of due diligence needs from resin supply intermediary - Meeting re: Williamston sale process, issues and action plan - Phone call re: KPMG and process / timeline for potential audit work - Participation in management presentation to potential POR investor - Phone call re: bid timeline strategy and drafting of letters - Conference call with C&A restructuring advisors re: POR action plan - Conference call re: status of disclosure statement and responsibilities - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Revising and transmittal of bid timeline letters to potential investors - Outlining of additional comments to exclusivity motion and affidavit - Meeting re: update on claims reconciliation and estimation process - Meeting re: status of tooling action plan and asset monetization efforts - Participation in update meeting with GM representatives - Meeting re: update on C&A Europe intercompany claims issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with Carson Fischer re: GM tooling motion issues - Review of materials from C&A senior management strategy meeting - Conference call with Committee advisors re: C&A Europe claims - Assistance in follow-up due diligence with potential POR investor - Conference call re: update on union labor negotiation strategy - Conference call re: status of Fabrics wind down process - Sign-off on 04/06 Monthly Reporting Package to DIP Lenders - Participation in conference call with Secured Lenders - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

06/28/06

12.0

06/29/06

10.0

Page 8 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 06/30/06

HOURS 6.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with President-Plastics re: performance and personnel issues - Participation in meeting with USW representatives re: labor issues - Review of schedule re: Professional Fee Trust account activity - Phone call re: progress on action plan relating to C&A Europe claims - Addressing of issues re: communications from potential POR investor

TOTAL

242.0

Page 9 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/01/06

HOURS 12.7

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast meeting with T Trenary and M Masanovich - DIP amendment conf call with JP Morgan - April MDA review and draft changes - Analysis of scenarios for weekly cash flow forecast through 9/30/06 - Draft changes to DIP amendment 4 requests and follow-up re process - Insurance matters follow-up with R Stash Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - April MDA review and draft changes - Analysis of scenarios for weekly cash flow forecast through 9/30/06 - Draft changes to DIP amendment 4 requests and follow-up re process - Analysis of Weekly Cash flow for DIP amendment discussions Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - April MDA review and draft changes - Analysis of the 6/5 13week cash flow for DIP reporting - Tooling analysis update - Draft changes to DIP amendment 4 requests and follow-up re process - Review agenda and presentation for Tooling meeting with Tim Trenary on Wed - Meeting with K&E re support US claims in the European Administration Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment request follow up - Meeting re Pre-petition Textron Workers Compensation Claims - Tooling cash flow forecast analysis - 4+8 forecast model meeting with Lazard and C&A - Draft tooling presentation for Trenary meeting - 4+8 forecast update analysis

06/02/06

6.2

06/05/06

11.8

06/06/06

14.8

Page 10 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/07/06

HOURS 12.3

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment request follow up - AON quarterly property and casualty insurance update meeting - Tooling cash flow forecast analysis - Meeting with F Macher and T Trenary re weekly cash flow forecast scenarios - Draft tooling presentation for Trenary meeting - Discuss 2006 EBITDA bridge with M Massanovich Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling cash flow forecast analysis - DIP amendment request prep for 11am conference call - 4+8 Review with the Creditors (Capstone, Alvarez, Chanin) - DIP amendment request conference call with JP Morgan - Tooling documentation process follow up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Tooling cash flow forecast analysis - DIP amendment request follow up - Nissan AR analysis and tel call with MA Wright - Reconciliation of 4+8 forecast to weekly cash flow Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meetings re 4+8 model and analysis - DIP amendment request follow up - Next steps re 5 yr forecast with T Trenary - 4+8 work session with Lazard re working capital and other balance sheet assumptions - Canada tax appeal follow up

06/08/06

13.6

06/09/06

8.8

06/12/06

14.2

Page 11 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/13/06

HOURS 14.9

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Nugar matter follow up - DIP amendment request follow up - Meeting with A&M re cash flow forecast - 4+8 work session with Lazard re working capital and other balance sheet assumptions - Tooling TPO analysis and summary Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting with Capstone and Masanovich re DCC new business analysis - Analysis of 4+8 revisions and reconciliation to the weekly cash flow forecast - Nissan AR analysis - Accounts receivable roll forward analysis - Work sessions with Lazard re 4+8 working capital assumptions in the model - Tooling TPO analysis and summary - Meeting to review 2006 Forecast with T Trenary Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Honda funded CapEx letter follow up - Accounts receivable roll forward analysis - Work sessions with Lazard re 4+8 working capital assumptions in the model - Tooling conference call - Meeting at Pontiac Airport with Macher and Trenary to discuss 2007/2008 and cash flow forecast Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf call with Capstone, A&M and Chanin re 2007 and 2008 - Weekly cash flow forecast tied to the 4+8 analysis and follow-up - Work sessions with Lazard re 4+8 working capital assumptions in the model - Tooling conference call - Borrowing base analysis and follow up

06/14/06

13.5

06/15/06

14.9

06/16/06

9.2

Page 12 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/19/06

HOURS 2.0

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Conference call with Bib and SRR re 4+8 and cash flow - 4+8 cash flow analysis for presentation Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Workers comp reserve analysis discussion with S Shoemaker - BBK/SRR presentation redraft - Meeting with Capstone re 4+8 cash flow analysis - International claim follow up - May results analysis - CapEx & Restructure Cash Forecast - 5 year plan model analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Analysis of revised 5 year plan model - BBK/SRR presentation redraft - Workers comp reserve meeting - Cash flow and 07/08 - International claim follow up - SRR meeting re 4+8 - CapEx & Restructure Cash Forecast - BBK meeting re 4+8 Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Analysis of revised 5 year plan model - Workers comp reserve meeting - International claim follow up - CapEx & Restructure Cash Forecast

06/20/06

13.8

06/21/06

14.2

06/22/06

12.9

Page 13 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/23/06

HOURS 8.0

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - ASC workers comp matter follow up - Revised 3 year plan analysis - Workers comp reserve meeting - 4+8 presentation to the secured lenders - Conf call with JPM, JPM advisors, T Trenary, E Mendelshon and M Carmel re 4th DIP amendment proposal and process for approval - DIP amendment follow up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - 4+8 model review and analysis - Analysis of revised 5 year plan model - DIP amendment redraft request memo - 4th DIP amendment draft review and compare to request - Workers comp reserve meeting - Nissan AR follow up conf call - Honda stipulation follow up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf call with M Carmel and D Marshall re DIP amendment - Conf call with JPM re next steps with the DIP amendment - Meeting with Capstone re DIP amendment comments - Meeting with A&M re DIP amendment - WC analysis and follow-up with S Shoemaker Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf calls with M Carmel and D Marshall re DIP amendment - Conference Call: Stipulations / Negotiations with Vendors Holding Pre-petition Claims - Tooling Update - Cash flow forecast for the DIP amendment documentation - Draft script for the lender presentation re DIP amendment - Review and draft changes to DIP amendment motion

06/26/06

11.8

06/27/06

14.3

06/28/06

13.9

Page 14 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/29/06

HOURS 13.4

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Prep for Lenders call - Conference Call: Stipulations / Negotiations with Vendors Holding Pre-petition Claims - DIP amendment follow up - Conference call with UCC advisors re European Administration proceeds - Draft script for the lender presentation re DIP amendment - Prep for UCC professionals meeting re International Claims Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment follow up - CapEx & Restructure Cash Forecast - 13 week cash flow forecast analysis for 7-5-06 DIP reporting - Draft script for the lender presentation re DIP amendment - Tooling analysis follow up

06/30/06

8.2

TOTAL

259.4

Page 15 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Meeting with Lazard regarding reforecasted 2006 budget and Hermosillo; - Call with Soft Trim controller regarding Capstone and Alvarez information requests; - Reviewed April YTD Hermosillo results; - Call with Hyundai auditors regarding due diligence regarding the sale of Mobis; - Call with a potential liquidator regarding their proposal to sell Fabrics assets; - Reviewed analysis of Hermosillo profitability and price relief options; - Calls with management and Kirkland regarding the status of the GECC settlement negotiations Activities during the day included: - Call with Hyundai auditors and Mobis accounting staff regarding due diligence items and next steps - Prepared outline of Hermosillo presentation to management - Meeting with Alvarez regarding the Fabrics liquidation analysis and wind down plan - Call with the Soft Trim controller regarding the revised 2006 forecast and sales to Hermosillo - Reviewed analysis of April YTD results for Hermosillo Activities during the day included: - Meeting with management, Kirkland and Lazard to review the revised 2006 forecast, next steps, POR and meetings with the creditors advisors - Meeting with Capstone to discuss revised 2006 forecast - Meeting with the CFO and controller to review the reconciliation of the original to revised 2006 forecast and discuss presentation to financial advisors - Prepared outline of presentation to financial advisors - Meeting with the general counsel regarding GECC and Mobis - Call with the Mobis controller regarding due diligence issues - Meeting with Alvarez regarding the revised 2006 forecast and POR timeline - Call with GECC regarding Hermosillo and equipment leases - Reviewed analysis of Hermosillo price increases and sensitivity analysis

06/02/06

8.0

06/05/06

14.0

Page 16 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/06/06

HOURS 12.0

DAILY LOG Activities during the day included: - Reviewed Hermosillo price increase sensitivity analysis - Meeting with CEO, General Counsel, President of Plastics, HR and Kirkland regarding 1113 and 1114 issues - Call with a potential investor regarding revised 2006 projections and management meetings - Meeting with CEO regarding Hermosillo, personnel issues and management meetings with creditors - Meeting with the general counsel regarding 1113 and 1114 issues - Meeting with CFO and Controller regarding presentation to financial advisors regarding revised 2006 projections - Reviewed Fabrics weekly cash flow, proposals from potential liquidators and status of past due Fabrics receivables - Reviewed analysis comparing original vs. revised 2006 EBITDA forecasts Activities during the day included: - Meeting with Giuliani regarding Hermosillo and GECC equipment leases - Call with Mobis accounting personnel regarding due diligence issues - Calls with Kirkland and HR personnel regarding 1113 process and issues - Reviewed analysis of 2007 - 2010 financial projections - Call with commercial team regarding the 2007 sales forecast - Meeting with CFO and CEO regarding 2007 - 2010 projections and Plastics operational issues - Reviewed pension presentation and discussed issues with General Counsel - Meeting with CFO and Controller to review the revised 2006 forecast presentation Activities during the day included: - Reviewed presentation to creditors advisors regarding the revised 2006 forecast - Meeting with CFO and Controller to discuss the revised 2006 forecast - Call with Alvarez, Akin Gump, Capstone, Chanin and Kirkland to discuss status of Fabrics wind down - Calls with the Alvarez regarding Pension issues, Hermosillo and underperforming plastics plants - Meeting with Alvarez, Chanin, Lazard, Capstone and senior management to review the revised 2006 forecast and YTD results - Calls with Kirkland regarding presentation to creditors advisors - Call with Mobis accounting personnel regarding status of due diligence

06/07/06

15.0

06/08/06

12.5

Page 17 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/09/06

HOURS 9.0

DAILY LOG Activities during the day included: - Call with Kirkland, Lazard and General Counsel regarding 1113 & 1114 process and plant specific issues - Meeting with senior management and a potential investor to review the revised 2006 forecast, pension and OPEB issues, underperforming Plastic plants, new business and cash flows - Video conference with senior management and a potential investor to discuss new business, revised 2006 forecast, purchasing initiatives and Pension and OPEB issues Activities during the day included: - Call with GECC regarding equipment lease and POR status - Meeting with General Counsel regarding the status of Mobis sale and GECC negotiations - Reviewed analysis comparing original vs. revised projected 2006 EBITDA - Reviewed GECC lease analysis and prior settlement proposals - Call with Kirkland regarding liquidation of Fabrics equipment - Meeting with Lazard regarding revised forecasted 2006 balance sheet and cash flows - Reviewed analysis of pension and OPEB liabilities by plant - Meeting with Alvarez regarding Pension and OPEB liability and revised 2006 forecast Activities during the day included: - Meeting with General Counsel regarding personnel issues, Mobis and alternative resin supply agreements - Reviewed and revised presentation to UCC regarding financial projections, POR and avoidance actions - Meeting with Lazard and Controller to review 2006 balance sheet, cash flows and working capital assumptions - Reviewed and revised agenda for meeting with UCC - Reviewed analysis of offers to liquidate the Fabrics equipment - Call with potential liquidator regarding their term sheet - Reviewed analysis of Hermosillo profitability - Call with GECC regarding settlement equipment and Hermosillo settlement proposal

06/12/06

11.0

06/13/06

14.0

Page 18 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/14/06

HOURS 11.5

DAILY LOG Activities during the day included: - Reviewed the revised 2006 forecasted balance sheet, cash flows and working capital assumptions - Meeting with CFO, Controller and Lazard to review the revised 2006 balance sheet, cash flows and working capital assumptions - Call with HR and Kirkland regarding 1113 and 1114 issues - Call with Fabrics management regarding build out of customer programs - Meeting with senior management and creditors advisors regarding the revised 2006 forecast, 1113/1114 issues, Plastics issues and POR status Activities during the day included: - Meeting with the Bank Steering Comm, Capstone, Wachtel, Lazard, Kirkland and senior management to discuss the revised 2006 forecast, POR, liquidity, new business and Plastics - Call with Lazard regarding the 2007 - 2010 financial projections - Calls with potential liquidators to discuss their proposals - Meeting with Kirkland and Lazard to discuss 1113/1114 issues - Meeting with GECC regarding Hermosillo and equipment lease issues Activities during the day included: - Reviewed revised 2007 - 2008 business plan presentation - Call with the Lazard and a potential investor to review the revised 2007 - 2008 forecast - Call with Alvarez, Capstone and Chanin to regarding the revised 2007 - 2008 forecast - Call with a potential liquidator regarding Fabrics equipment sales - Call with Kirkland and Lazard regarding potential investors and GECC lease issues - Reviewed the revised 2006 balance sheet and cash flows - Call with Fabrics management, Lazard and commercial group regarding past due receivables, sale of paint rollers and sale of Woodbridge Activities during the day included: - Call with a potential investor regarding the 2007 - 2008 revised forecast - Calls with general counsel, CFO and Kirkland regarding personnel issues - Calls with liquidators regarding proposals to sell Fabrics equipment - Calls with Lazard regarding the 2007 and 2008 balance sheet and cash flows

06/15/06

8.0

06/16/06

8.0

06/19/06

9.0

Page 19 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/20/06

HOURS 9.0

DAILY LOG Activities during the day included: - Calls with Lazard and Kirkland regarding POR - Call with Kirkland and Fabrics management regarding status of Fabrics wind down - Call with Kirkland and commercial group regarding response to DCX new business proposal - Reviewed and revised presentation for the secured and DIP lenders regarding the revised 2006 forecast - Call with Lazard and a potential investor regarding the 2006 revised forecast and management meetings Activities during the day included: - Meeting with general counsel regarding alternate resin sourcing - Meeting with Capstone regarding POR and personnel issues - Call with Lazard and the CFO regarding the 2007 - 2010 balance sheet and cash flows - Call with GECC regarding lease issues - Call with DCX, senior management and Kirkland to discuss the DCX takeaway business proposal - Call with potential investors regarding due diligence requests - Call with potential liquidators regarding proposals to sell Fabrics equipment Activities during the day included: - Call with Capstone, Alvarez, Chanin, Akin, Kirkland regarding status of Fabrics wind down - Reviewed 2007 - 2010 recapitalization model - Meeting with CFO and Controller to review 2007 - 2010 recapitalization model - Call with Kirkland and Fabrics management to discuss personnel issues and asset sales - Call with a potential liquidator regarding their engagement letter - Call with a potential investor regarding due diligence info - Call with a potential investor regarding post emergence capital structure

06/21/06

11.0

06/22/06

12.0

Page 20 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/23/06

HOURS 8.0

DAILY LOG Activities during the day included: - Meeting with Giuliani to discuss Hermosillo and POR status - Call with a potential investor and Lazard regarding the recapitalization model - Call with GECC regarding equipment and Hermosillo lease settlement proposals - Call with Alvarez regarding personnel issues - Call with Kirkland regarding GECC lease and POR issues Activities during the day included: - Meeting with Lazard and potential investor regarding business plan, POR, 1113/1114 and due diligence issues - Call with a potential investor regarding status of their POR term sheet - Call with GECC regarding equipment and Hermosillo lease issues - Call with general counsel regarding personnel issues - Call with Kirkland and Lazard regarding POR issues - Reviewed and revised management presentation to a potential investor Activities during the day included: - Management presentation to a potential investor to review the business plan, revised financial projections and operational issues - Meeting with the general counsel regarding the alternate resin supply issues - Call with Kirkland and Lazard regarding various bids from potential investors - Calls with a potential investor regarding bid status - Meeting with Alvarez regarding management issues Activities during the day included: - Meeting with the CEO and Alvarez regarding YTD financial results, Plastics and personnel issues - Reviewed analysis of the GECC settlement proposal - Call with Kirkland regarding the DCX new business proposal - Call with Fabrics management, commercial team and Kirkland regarding wind down of Fabrics and build out of DCX fabrics programs - Call with a potential investor regarding status of the proposal - Meeting with general counsel regarding Mobis sale status

06/26/06

10.0

06/27/06

11.0

06/28/06

11.0

Page 21 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 06/29/06

HOURS 11.0

DAILY LOG Activities during the day included: - Call with a potential investor, CFO and Controller regarding 2006 - 2008 financial projections - Call with potential investor regarding cash flows and DCX new business proposal - Call with general counsel and Kirkland regarding Mobis - Call with Kirkland, Capstone, Alvarez, Akin, Wachtel and Alvarez regarding Fabrics wind down update - Call with GECC regarding lease settlement proposals Activities during the day included: - Reviewed analysis of 2006 monthly EBITDA changes - Calls with CFO, Controller and potential investor regarding monthly EBITDA analysis - Call with Fabrics management and creditors advisors regarding status of the Fabrics wind down - Call with a potential investor regarding plant balance sheets

06/30/06

4.0

TOTAL

231.0

Page 22 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION

DATE 06/01/06

HOURS 11.7

DAILY LOG Activities during the day included: - Detail the non-debtor intercos in the model - Discuss 'missing' balance sheet issues with Brian N. - Test model results Activities during the day included: - Ongoing updates to model data - Modify summary pages for presentation Activities during the day included: - Modify bank debt assumption in model: all to Products - Prepare version for first send to Lazard Activities during the day included: - Continue to update model data and format of output - Internal review of model results - Update non-debtor balance sheet data for the subcon scenario Activities during the day included: - Update non-debtor tab for subcon scenario modification Activities during the day included: - Continue to update model data and format of output - Obtain buy-in on model treatment for subcon vs standalone Activities during the day included: - Continue to develop standalone detail for non-debtors in the recovery model - Update all interco data to include all non-debtor detail Activities during the day included: - Continue to model through the new intercomany detail - Sync up non-debtor subcon and standalone pages Activities during the day included: - Continue to layer in the new interco detail and link to non-debtors in both the subcon and standalone scenario - Update assumptions page for new treatments

06/02/06

9.2

06/05/06

8.6

06/06/06

6.4

06/08/06

4.7

06/12/06

11.5

06/13/06

12.0

06/14/06

10.3

06/15/06

9.7

Page 23 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION

DATE 06/16/06

HOURS 8.3

DAILY LOG Activities during the day included: - Develop subcon detail for non-debtors in the recovery model - Link subcon detail through to summary data tab of model - Assess outcomes for reasonableness Activities during the day included: - Build toggle page to facilitate modification of model assumptions - Build check balance/audit function for model - Begin to quantify setoff in subcon version Activities during the day included: - Enhance model to be able to subordinate interco balances - Generate various debt allocation assumptions in recovery model - High level review of disc stmnt Activities during the day included: - Disc stmt call with K&E - Develop draft master task list of open items related to disc stmt - Review narrative of draft version of liquidation analysis and assess needs for updates Activities during the day included: - Read disc stmt draft from K&E - Assign preliminary responsible parties and due dates to each of the open tasks in the disc stmt Activities during the day included: - Develop recovery model modifications/flexibility - Continue read of draft disc stmt - Compare recovery model outcomes to earlier versions for reasonableness and consistency Activities during the day included: - Disc stmt task list assignment call with K&E & updates to task list - Recovery model quantification of incremental setoff of interco claims - Provide copy of recovery model for Lazard review

06/20/06

10.8

06/21/06

11.2

06/22/06

11.1

06/23/06

8.0

06/26/06

8.8

06/27/06

11.3

Page 24 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION

DATE 06/28/06

HOURS 10.2

DAILY LOG Activities during the day included: - Various meetings with C&A personnel to collect disc stmt data - Review/understand current version of liquidation analysis - Update disc stmt task assignment list Activities during the day included: - Collect receivables facility data points for the disc stmt - Prepare and send out request for disc stmt data Activities during the day included: - Collect foreign debt data for disc stmt - Continue to review existing liquidation analysis data

06/29/06

9.2

06/30/06

8.4

TOTAL

181.4

Page 25 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 06/01/06

HOURS 11.3

DAILY LOG Activities during the day included: - Prepare presentation materials for board of directors - Review updated pension materials, discussions with C&A staff and actuary - Status update re asset sale process Activities during the day included: - Participate in call re board of directors materials - Prepare presentation materials for board of directors - Review updated pension materials, discussions with C&A staff and actuary Activities during the day included: - Review presentation materials for board of directors Activities during the day included: - Discussions with C&A staff re proposed sale of plant - Preparation for, and participation in, disclosure statement update call - Preparation for, and participation in, financial projections meeting - Prepare presentation materials for board of directors - Review updated pension materials, discussions with C&A staff and actuary Activities during the day included: - Review pension information for presentation to creditor advisors - Prepare presentation materials for board of directors - Review updated pension materials, discussions with C&A staff and actuary - Review 4+8 forecast presentation - Discuss working capital assumptions with C&A staff Activities during the day included: - Preparation for, and participation in, in-person meeting with prospective plan sponsor - Review updated open items list, discussions with C&A staff - Review 4+8 forecast presentation Activities during the day included: - Discussions with C&A staff re asset sale process - Review and discuss business plan pension assumptions with C&A staff and actuary - Review updated open items list, discussions with C&A staff

06/02/06

8.3

06/03/06

1.0

06/06/06

11.0

06/07/06

11.6

06/08/06

10.6

06/09/06

5.0

Page 26 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 06/12/06

HOURS 12.1

DAILY LOG Activities during the day included: - Discussions with C&A staff re asset sale process - Review and discuss business plan pension assumptions with C&A staff and actuary - Review updated projections data Activities during the day included: - Discussions with C&A staff re asset sale process status - Review information request open items - Discussions with C&A staff re administrative claims - Discussions with C&A staff re business plan update - Review information re potential avoidance actions Activities during the day included: - Participate in claims update meeting - Review status of claims open items - Discussions with C&A staff re business plan update - Discussions with C&A staff re administrative claims Activities during the day included: - Discussions with C&A staff re asset sale process status - Review information request open items - Review information re potential avoidance actions - Discussions with C&A staff re property taxes Activities during the day included: - Prepare update re asset sale process status - Review sale volume data supporting business plan revenue - Review information request open items Activities during the day included: - Discussions with C&A staff re proposed sale of plant - Review support for financial projections - Review open items re asset sale agreement

06/13/06

10.7

06/14/06

11.1

06/15/06

10.2

06/16/06

4.6

06/19/06

9.4

Page 27 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 06/20/06

HOURS 11.6

DAILY LOG Activities during the day included: - Participate in daily professionals call - Preparation for, and participation in, restructuring committee call - Discussions with C&A staff re asset sale agreement status - Review and discussion regarding plan sponsor term sheet Activities during the day included: - Participate in call with counsel and actuary re pension review process - Preparation for, and participation in, financial projections meeting - Review financial projections and assumptions - Discussions with C&A staff re asset sale process status Activities during the day included: - Discussions with C&A staff re asset sale process status - Review status of disclosure statement open items - Discussions with C&A staff re business plan update Activities during the day included: - Prepare status update re asset sale - Discussions with C&A staff re asset sale agreement and process status Activities during the day included: - Preparation for in-person meeting with prospective plan sponsor Activities during the day included: - Preparation for, and participation in, in-person meeting with prospective plan sponsor - Discussions with C&A staff re asset sale agreement and process status Activities during the day included: - Preparation for, and participation in, in-person meeting with prospective plan sponsor - Preparation for, and participation in, disclosure statement update call - Discussions with C&A staff re asset sale agreement and process status - Discussions with C&A staff re status of numerous information requests

06/21/06

11.2

06/22/06

9.1

06/23/06

2.0

06/25/06

1.1

06/26/06

10.7

06/27/06

12.3

Page 28 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: RETIREMENT BENEFITS

DATE 06/28/06

HOURS 11.1

DAILY LOG Activities during the day included: - Participate in VA/VE meeting with creditor advisors and company staff - Participate in claims update meeting - Review request list for potential alternative supplier - Discussions with C&A staff re asset sale agreement and process status - Review data re nonqualified pension plan and potential claims Activities during the day included: - Participate in labor strategy meeting with counsel and company staff - Preparation for, and participation in, conference call with prospective plan sponsor - Discussions with C&A staff and counsel re asset sale agreement - Review request list from bank advisors Activities during the day included: - Discussions with actuary and C&A staff re pension data - Discussion with creditors' financial advisors re cost savings results - Participate in conference call re DIP amendment - Update bank advisors re pension status - Discussions with C&A staff and counsel re asset sale

06/29/06

9.2

06/30/06

7.4

TOTAL

202.6

Page 29 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 06/01/06

HOURS 11.2

DAILY LOG Activities on this date included: - Work on OutlookSoft/Excel consolidating financial statement model by legal entity. Focused on debtor entities. - Work on OutlookSoft/Excel consolidating financial statement model by legal entity. Focused on non-debtor entities. - Continued efforts on cash flow models. Activities on this date included: - Continued work on OutlookSoft/Excel consolidating financial statement model by legal entity. Focused on non-debtor entities, continued. - Preparation for and participation in conference call with accountants and plant personnel re: Mobis plant visit on 6/7/2006. Activities on this date included: - Continued efforts on cash flow models. - Preparation for Athens Plant/Mobis financial data due diligence visit 6/7/2006 to 6/9/2006. - Prepared information requested by Lazard on financial model, including: 2006 lease payments. - Prepared information requested by Lazard on financial model, including: 2006 projected income statements. Activities on this date included: - Continued efforts on cash flow models. - Preparation for Athens Plant/Mobis financial data due diligence visit 6/7/2006 to 6/9/2006. - Prepared information requested by Lazard on financial model, including: 2006 lease payments. - Prepared information requested by Lazard on financial model, including: 2006 projected income statements. Activities on this date included: - Participation in Athens Plant/Mobis financial data due diligence visit 6/7/2006 to 6/9/2006. - Work on OutlookSoft/Excel non-debtor roll-up income statements, balance sheets and cash flows.

06/02/06

8.0

06/06/06

13.0

06/07/06

10.5

06/08/06

10.0

Page 30 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 06/09/06

HOURS 8.0

DAILY LOG Activities on this date included: - Participation in Athens Plant/Mobis financial data due diligence visit 6/7/2006 to 6/9/2006. - Wrote summary report on due diligence efforts by MOBIS auditors. Activities on this date included: - Follow-up with Athens Plant/Mobis re: due diligence visit 6/7/2006 to 6/9/2006. - Worked on OutlookSoft/Excel consolidating tooling income statements, balance sheets and cash flows. Presented summary schedule for full year and interim periods. - Began to develop OutlookSoft/Excel tool to show consolidating income statement, balance sheet and cash flow of Mexican reporting entity. Activities on this date included: - Developed MOBIS working capital analysis for past twelve months. - Developed OutlookSoft/Excel tool to show consolidating income statement, balance sheet and cash flow of Mexican reporting entity. Activities on this date included: - Developed MOBIS working capital analysis for past twelve months. - Developed OutlookSoft/Excel tool to show consolidating income statement, balance sheet and cash flow of Canadian reporting entity. - Prepared for and participated in meeting to discuss potential preference payments made in the 90 days prior to filing. Activities on this date included: - Worked on OutlookSoft/Excel tool for geographical roll-up for Canada, Mexico and US plus the corporate adjustment and elimination accounts. - Prepared for and participated in a meeting with accounting department staff re: cash flow modeling. - Prepared for and participated in meeting with financial planning staff re: balance sheet projections.

06/12/06

11.0

06/13/06

11.3

06/14/06

11.7

06/15/06

10.0

Page 31 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 06/16/06

HOURS 8.0

DAILY LOG Activities on this date included: - Prepared for and participated in a meeting with accounting department staff re: balance sheet projections by business line. - Analysis of current balance sheets on an entity-by-entity basis. Activities on this date included: - Continued analysis of current balance sheets on an entity-by-entity basis. Activities on this date included: - Prepared analysis, support schedules and information for Hermosillo plant visit by GECC advisors. - Prepared for and participated in meeting and conference call to discuss Hermosillo financial performance. Activities on this date included: - Prepared additional analysis, support schedules and information for Hermosillo plant visit by GECC advisors. - Prepared for and participated in a cash flow discussion with accounting department. Activities on this date included: - Prepared income statement analysis for Hermosillo facility. - Gathered certain pricing data for Hermosillo facility. Activities on this date included: - Analysis of Hermosillo cash flows and financial data for distribution. Activities on this date included: - Analysis of cash flows and financial data for distribution. - Preparation for Giuliani visit to Hermosillo Mexico plant. - Discussion and analysis of OutlookSoft cash flow model. Activities on this date included: - Preparation for Giuliani visit to Hermosillo Mexico plant - Preparation for and participation in meeting with M. de Irala re: Hermosillo plant visit - Read over materials and work plan sent by Hermosillo staff. - Discussion with accounting regarding cash flow analysis.

06/19/06

10.6

06/20/06

10.5

06/21/06

10.3

06/22/06

9.5

06/23/06

4.0

06/26/06

10.3

06/27/06

10.5

Page 32 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY PLANT-LEVEL BALANCE SHEET ACCOUNT RECONCILIATION AND ANALYSIS UPDATING AND REFINEMENT OF FINANCIAL FORECASTS FINANCIAL MODELING

DATE 06/28/06

HOURS 10.7

DAILY LOG Activities on this date included: - Analysis of cash flows and financial data for distribution. - Preparation for and participation in meeting with controller and accounting staff. - Began the development of written report on cash flow projection process. Activities on this date included: - Worked on financial models. - Arranged and reorganized financial models on C&A G drive. - Began work on written report on balance sheet projection process. - Continued work on written report on cash flow projection process. Activities on this date included: - Work with team mates on financial models. - Finalized written report on balance sheet projection process. - Finalized written report on cash flow projection process.

06/29/06

10.4

06/30/06

8.0

TOTAL

207.5

Page 33 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/01/06

HOURS 12.6

DAILY LOG Activities during the day included: - Calls with counsel to reach settlement agreement with tooling supplier - Reko - Meetings with Mitsubishi program team re: settlement agreement - Reko - Review and approve various tooling funding requests - Review revised tooling cash flow analysis - Meeting with BBK to discuss treatment and funding of 384 program tooling - Meeting with Mary Ann Wright to review capital repayment proposals / issues Activities during the day included: - Discussions with Mary Ann Wright re: capital repayment vendor negotiations - Review and revise customer capital repayment schedules - Calls with K&E re: customer capital repayment issues - Review revised open tool order / tooling cash flow analysis - Review vendor confirmation letters Activities during the day included: - Meetings to review and discuss various vendor payment / settlement issues - Review plant level capital projections and funding needs - Review REKO pre and post petition payment history - Meeting with purchasing group re: Brown payment / settlement issue - Call with K&E to discuss REKO tooling release issues - Meeting to review and revise capital repayment proposals Activities during the day included: - Meeting with Carson Fischer re: vendor relief motions - Review DCX teams tooling program short term cash requirements with program team - Meeting with tooling operations group to discuss status of projects and other issues - Participate in various discussion re: vendor payment settlement issues - Develop one page tooling program summaries Activities during the day included: - Review and revise tooling cash flow - Review May 2006 tooling account reconciliation and unapplied cash - Prepare customer funded capex summary for Lazard - Calls with purchasing group re: Brown settlement discussions - Prepare for and participate in tooling update meeting with Tim Trenary

06/02/06

8.1

06/05/06

12.6

06/06/06

11.6

06/07/06

12.1

Page 34 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/08/06

HOURS 11.9

DAILY LOG Activities during the day included: - Meeting with tooling group to review vendor lien obligations and potential hostage payment requirements - Review tooling P.O.'s related to REKO tools - Participate in calls with Carson Fischer re: vendor settlement issues - Review status of vendor confirmation letters and detailed support - Meeting with C&A DCX LX program team to review program costs and funding requirements Activities during the day included: - Review tooling balance sheet and cash flow analysis - Call with Hal Rogers re: Ford vendor directed payments - Meeting with BBK to discuss open DCX tooling funding issues - Meeting with cross functional C&A team to review tooling process/flow - Review current tooling process flow charts - Review and revise tooling project plan Activities during the day included: - Prepare and develop one page tooling summaries for select programs - Review and comment on revised tooling process flow charts - Discussion with SRR re: reconciliation of Ford directed vendor payments - Participate in tooling program update meeting. Activities during the day included: - Review and revise one page tooling program summaries - Review tooling cash requirements analysis - Discussion with BBK re: GM tooling process issues status - Participate in non OEM CapEx cash forecast team meeting - Calls with various program managers to review one page tooling summaries re: TPO, payment and third party obligations

06/09/06

8.5

06/12/06

15.1

06/13/06

10.6

Page 35 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/14/06

HOURS 13.6

DAILY LOG Activities during the day included: - Review tooling cash requirements analysis - Meeting with C&A DCX program team to discuss funding status of LX Trapline program - Meeting with Tooling operations group re: review tooling cash flow and next steps - Meeting with project accounting team to reconcile TPO, AR and PAS data bases - Review revised one page tooling program summaries Activities during the day included: - Meeting with GM and DCX program teams re: short term vendor obligations - Meeting to prepare and review tooling presentation - Review program analysis for the H2 to determine amount of short term cash needs - Meeting with DCX program team re: update on LX Trapline funding - Review and revise one page tooling program summaries Activities during the day included: - Review bi weekly tooling cash requirement analysis - Call with Counsel re: REKO settlement issues - Discussions with C&A Commercial team re: status of capital / launch draft funding letters - Review and revise tooling project work plan - Review revisions made to tooling process flow charts Activities during the day included: - Call with Counsel re: REKO settlement issues - Meeting with C&A LX Trapline program team re: status of funding request and next steps - Prepare for and participated in commercial / project accounting tooling management process meeting - Coordination of meetings with program teams to review information contained in one page tooling program summaries

06/15/06

12.4

06/16/06

8.3

06/19/06

9.8

Page 36 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/20/06

HOURS 11.6

DAILY LOG Activities during the day included: - Meeting to review and update tooling update package - Meeting with commercial / program accounting team to review the tooling quote and process flow - Meeting with treasury group to review and discuss GM return to process issues / concerns - Review non OEM capex / tooling cash forecast - Participated in the bi weekly non OEM capex / tooling cash review meeting - Review advanced tooling vendor payment requirement for various programs Activities during the day included: - Participate in various vendor settlement negotiations - Prepare for and participate in tooling process flow meeting - Discussion with DCX program team re: status of LX Trapline funding request - Review revised tooling cash flow requirements - Review intercompany purchases analysis to Hermosillo prepared by C&A accounting group - Calls with Carson Fischer re: GM relief motion Activities during the day included: - Discussions with C&A LX Trapline team re: status of DCX review and funding - Read and review GM tooling motion in preparation of meeting with Carson Fischer - Meeting with Carson Fischer to discuss open issues with regard to GM tooling motion and information request - Prepare for and participate in tooling update meeting with Tim Trenary - Prepare for and participate in tooling process team meeting - Meeting with Carson Fischer re: information request for the GM tooling motion - Meeting with the C&A DCX HG/HB team to review one page tooling summary and related issues

06/21/06

12.3

06/22/06

11.5

Page 37 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/23/06

HOURS 12.0

DAILY LOG Activities during the day included: - Meetings to review customer capital repayment schedules - Meeting with New Domestics program team to review capital funding / repayment reconciliation - Review of tooling cash flow forecast supporting schedules. - Meeting with GM program team re: advance vendor payments - Review and revise tooling program work plan - Review and revise one page tooling program summaries Activities during the day included: - Prepare for and participate in meeting with counsel and C&A commercial team re: REKO settlement issues - Participate in various vendor settlement negotiations - Discussion with DCX program team re: status of LX Trapline funding request - Calls with Carson Fischer re: GM tooling motion an coordination of preparing information request - Review and revise tooling process work plan - Meeting with Mike Ripper to review enhanced tooling process flow charts Activities during the day included: - Meeting with C&A commercial team re: REKO settlement issues - Meeting with commercial / project accounting teams to review tooling process flow charts - Review and revise tooling work plan - Discussion with Carson Fischer re: GM relief motion - Coordinate work effort for various tooling areas - Review funding request for Ford direct payment to vendor - Participate in various vendor payment settlement discussions Activities during the day included: - Read and review C&A issued P.O.'s to HS Die - Meeting with C&A DCX LX Trapline team re: review and funding process - Discussion with Joe Fischer re: Status of GM tooling motion and next steps - Meeting with tooling team re: tooling reporting systems and accounting - Meeting with program teams re introduction and reconciliation process of one page tooling summary analyses

06/26/06

9.4

06/27/06

11.5

06/28/06

11.4

Page 38 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 06/29/06

HOURS 12.6

DAILY LOG Activities during the day included: - Meeting with Carson Fisher re: fact gathering in REKO matter for the release of tools - Review DCX program funding requirements - Review and submit for approval various tooling funding request for Dura - Review and revise tooling program work plan - Plan and coordinate tooling team work efforts - Review various vendor payment / settlement issues

TOTAL

239.5

Page 39 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 06/01/06

HOURS 14.3

DAILY LOG Activities during the day included: - Direct Project purchasing efforts to compile contact matrix for futurec communications to tooling suppliers. - Review Tooling Cash Flows with Mike Ripper, C&A. - Attend weekly tooling accounting issues review meeting. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Review Tooling balance sheet assumptions in 2006 4 + 8 Forecast Activities during the day included: - Direct efforts to segregate tooling payables for cash forecasting purposes. - Conversations with Carson Fischer regarding potential relief of stay pleading from Huron Model & Gauge / Huron Mold. - Research potential liens related to Huron Model & Gauge - Review Tooling balance sheet assumptions in 2006 4 + 8 Forecast - Meeting with J. Boken to discuss status of various tooling programs. Activities during the day included: - Communications with Carson Fischer regarding DOTT industries agreement to surrender molds in their possession. Activities during the day included: - Communications with Carson Fischer regarding DOTT industries agreement to surrender molds in their possession. Activities during the day included: - Meetings with C&A Purchasing to discuss resolution of commercial disputes involving Vendors including LAX and Jansville Sackner. - Directed efforts to contact C&A Tooling Suppliers who received monies directly from OEM. - Direct efforts to understand uninvoiced tooling projects for cash forecasting purposes. - Work with Project Accounting to clean up Accounts Payable aging report by retiming invoice due dates.

06/02/06

7.3

06/03/06

0.5

06/04/06

1.0

06/05/06

13.5

Page 40 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 06/06/06

HOURS 13.3

DAILY LOG Activities during the day included: - Review Tooling Cash Forecast with M. Ripper and D. Kerrigan. - Meeting with Tooling Purchasing to review Standardization of PO Payment Terms. - Work with Project Accounting to clean up Accounts Payable aging report by retiming invoice due dates. - Attend bi-weekly meeting to approve tooling cash requirements. Activities during the day included: - Attend meeting on strategy & priority of current IT initiatives. - Meeting with C&A CFO, Tim Trenary to review Tooling Cash Forecast. - Calls with Larry Johnson C&A IT to discuss changes to Project Accounting Systems. - Meeting with Veena Lovelace, C&A IT to discuss changes to tooling information systems TMS/ECMS. Activities during the day included: - Call with Huron Model and Gauge to discuss request of adequate protection. - Attend weekly Tooling Management Meeting to discuss open issues and status of current initiatives. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Offered direction and guidance to C&A Accounts Payable related to claims reconciliation and direct customer payments for tooling. Activities during the day included: - Meeting with Veena Lovelace, C&A IT to discuss changes to tooling information systems TMS/ECMS. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Directed efforts to contact C&A Tooling Suppliers who received monies directly from OEM. Activities during the day included: - Communication with C&A GST to discuss next steps in Nugar matter. - Review of tooling group work plan including Vendor communication matrix. Activities during the day included: - Communication with C&A GST to discuss next steps in Nugar matter. - Review of tooling group work plan including Vendor communication matrix.

06/07/06

13.6

06/08/06

12.4

06/09/06

9.8

06/10/06

1.0

06/11/06

2.0

Page 41 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 06/19/06

HOURS 12.2

DAILY LOG Activities during the day included: - Conference calls with C&A Purchasing to discuss potential hostage situation with vendor Milliken. - Communication with GECC collection agency inquiring about certain operating leases. - Meeting with Commercial group re: capital loan repayment status / issues. - Meeting with Veena Lovelace, C&A IT to discuss changes to tooling information systems TMS/ECMS. - Direct efforts to understand tooling commitments awaiting supplier invoicing for cash forecasting purposes. Activities during the day included: - Conference calls with C&A Purchasing to discuss potential hostage situation with vendor Milliken. - Review of tooling group work plan including Vendor communication matrix. - Directed efforts to contact C&A Tooling Suppliers who received monies directly from OEM. - Meeting with C&A Accounts Receivable Director Rick Onisco to discuss GM billing process and strategy for normalization. - Communication with C&A GST to discuss status and next steps in Nugar matter. Activities during the day included: - Conference calls with C&A Purchasing and vendor Milliken to discuss obsolescence claim. - Communication with tooling vendor Huron to discuss request for adequate protection. - Conference call with Carson Fischer investigating alleged claim status by vendor Huron. - Participating in and following up on Tooling Process Flow charting and analysis meeting.

06/20/06

14.8

06/21/06

13.5

Page 42 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 06/22/06

HOURS 14.3

DAILY LOG Activities during the day included: - Attend weekly tooling accounting issues review meeting. - Preparation for and participating in meeting with Tim Trenary, C&A CFO to discuss status of tooling operations management. - Meeting with Carson Fischer to discuss GM Tooling motion and preparation for discovery. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Meeting with DCX HB/HG commercial team to review program and status of open TPO's. Activities during the day included: - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Directed efforts to create up-to-date Tooling Process Flow Charts. - Communication with V.Lovelace C&A IT to discuss progress of current tooling related projects. - Review Tooling balance sheet assumptions in 2006 4 + 8 Forecast Activities during the day included: - Meeting to discuss V.Lovelace C&A IT to discuss progress of current tooling related projects. - Review Tooling balance sheet assumptions in 2006 4 + 8 Forecast - Directed efforts to review responses from letters sent to C&A Tooling Suppliers who received monies directly from OEM. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Conference calls with Lewis Brewer, C&A GST Purchasing to discuss Milliken obsolescence claim. Activities during the day included: - Directed efforts to review responses from letters sent to C&A Tooling Suppliers who received monies directly from OEM. - Prepare Tooling Program Cash Summaries to identify collectability by TPO - Analyzed books and records related to GM Tooling Motion and preparation for legal discovery. - Preparation for participating in and following up on Tooling Process flows with Mike Ripper, C&A.

06/23/06

7.3

06/26/06

9.4

06/27/06

9.5

Page 43 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 06/28/06

HOURS 16.4

DAILY LOG Activities during the day included: - Design new tooling cash activity report - Attended meeting on claims reconciliation process and stipulations/settlements related to vendors holding pre-petition secured tooling claims. - Directed efforts to review responses from letters sent to C&A Tooling Suppliers who received monies directly from OEM. - Meeting with A. Hariskos C&A Purchasing to discuss Standard Terms and forecasting PO's issued. - Conference calls with C&A Purchasing to discuss potential hostage situation with vendor Milliken. Activities during the day included: - Meeting with C&A Accounts Receivable Director Rick Onisco to discuss prepetition tooling AR. - Conference call with Carson Fischer to discuss GM Tooling motion and preparation for legal discovery. - Meeting with C&A Commercial Managers from GM and Ford to introduce Tooling Program Summaries Analysis. Activities during the day included: - Offered direction and guidance to V. Kopki, C&A Project Accounting related to pre-petition tooling invoices to be written off. - Assisted and instructed Chris O'Connell C&A Project Accounting on preparation of near-term cash requirements report. - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts. - Discuss proposed repayment plan for Customer Advanced Capital with John Smail Vice President C&A Commercial Group.

06/29/06

11.7

06/30/06

8.0

TOTAL

205.5

Page 44 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 06/01/06

HOURS 12.1

DAILY LOG Activities during the day included: - Analysis and other work related to accessing working capital in an effort to improve liquidity, including review of certain balances accounts - Coordinating, preparation and consulting with advisors to the various stakeholders Activities during the day included: - Analyzed, reviewed and other work related to understanding and reporting the reasons for higher than budgeted material expense for April 2006 - Coordinated, and participated on call with various plants to review components material expense with unusual variances - Coordinated, reviewed, and provided certain information requested by Capstone including trend analysis for various balance sheets items Activities during the day included: - Analyzed, reviewed, and other work related the reconciliation of unsecured claims reported on the Debtor Schedules and Statements with Debtor balance sheets - Analysis and work related reconciling cash reported in 13 week cash reporting to actual financial performance - Analysis, discussion, and other work related to reforecast balance sheets for inclusion in 4x8 Forecast Activities during the day included: - Analysis, advise and other work related to the preparation of Revenue and EBITDA Bridges, actual to budget, for the four months April 2006 - Reviewed certain information and advised on various CapEx transfer issues including the potential impacts related to DIP Credit Facility - Reviewed, reported and other work related to the analysis of certain balance sheet accounts, including certain aspect related to liabilities subject to compromise

06/02/06

8.0

06/05/06

11.8

06/06/06

12.2

Page 45 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 06/07/06

HOURS 12.1

DAILY LOG Activities during the day included: - Analyzed, reviewed, and other work related the reconciliation of unsecured claims reported on the Debtor Schedules and Statements with Debtor balance sheets - Coordinated the forecasting of certain expense items for inclusion in 4x8 Forecast, including certain lease payments, interest, and tax payments - Coordinating, preparation and consulting with advisors to the various stakeholders. - Participated and advised on revisions to certain inter-company netting or cash clearing procedures Activities during the day included: - Coordinate, analyze, and other work related to reforecast balance sheet with focus on certain working capital assumptions - Directed, reviewed, and provided certain financial information in support of certain service provider negotiations - Analysis and other work related to account receivable, including directing and reviewing the reconciliation of sub ledger and other information to balance sheets Activities during the day included: - Coordinate, analyze, and provided assistance on efforts to reforecast balance sheets and cash flow statements for inclusion on 4x8 Forecast - Directed, reviewed the preparation of certain information related to Hermosillo requested by GECC and other interested parties Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended April 29, 2006 - Coordinated the preparation of certain information and consulted with various advisors on various issue Activities during the day included: - Coordinate, analyze, and provided assistance on efforts to reforecast balance sheets and cash flow statements for inclusion on 4x8 Forecast - Directed, reviewed the preparation of certain information including historical business unit balance sheets

06/08/06

12.0

06/12/06

11.6

06/13/06

12.1

06/14/06

11.9

Page 46 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 06/15/06

HOURS 12.2

DAILY LOG Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended May 2006 - Analysis and other work related to inter-company funding from US to Canadian and Mexican operations - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended May 2006 - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended May 2006 - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analysis and other work related to May reporting, including reporting to US Trustee - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended May 2006 - Analyzed, reviewed and other work related to understanding and reporting the reasons for higher than budgeted material expense for May 2006 Activities during the day included: - Analysis and other work related to May reporting, including reporting to US Trustee - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended May 2006 - Analyzed, reviewed and other work related to understanding and reporting the reasons for higher than budgeted material expense for May 2006

06/16/06

8.0

06/19/06

11.2

06/20/06

15.8

06/21/06

12.1

Page 47 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 06/22/06

HOURS 11.4

DAILY LOG Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended May 2006

06/23/06

8.0

06/26/06

11.4

06/27/06

12.7

Page 48 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 06/28/06

HOURS 12.6

DAILY LOG Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue - Prepare and participate in certain plant performance reviews with Senior Management Activities during the day included: - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended May 2006 - Analysis and other work related to May 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended May 2006 - Coordinating, preparation and consulting with various advisors on various issue

06/29/06

12.8

06/30/06

8.0

TOTAL

240.0

Page 49 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/01/06

HOURS 13.5

DAILY LOG Activities during the day included: - Preparing for and attending a meeting with P. Speers re: plastics FY 2006 bridges - original budget to revised forecast - Reviewing several plant bridges for reasonableness - Reviewing the BOS model - Dealing with questions from potential investors Activities during the day included: - Preparing the 4+8 revised FY 2006 forecast with T. Trenary and M. Masanovich - Preparing for and attending a meeting with P. Speers re: plastics FY 2006 bridges - original budget to revised forecast - Reviewing several plant bridges for reasonableness - Dealing with questions from potential investors Activities during the day included: - Preparing the 4+8 revised FY 2006 forecast with T. Trenary and M. Masanovich - Preparing a reporting package to be presented to F. Macher and the rest of the management team on the 4+8 revised forecast Activities during the day included: - Preparing for and attending a meeting with F. Macher re: 4 + 8 FY 2006 forecast and plastics FY 2006 bridges - original budget to revised forecast Activities during the day included: - Preparing for and attending a meeting with T. Trenary and M. Masanovich re: revised FY 2007 - FY 2010 Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Attending a meeting with D. Proffit re: plastics strategy - Dealing with questions from potential investors

06/02/06

16.5

06/03/06

14.0

06/04/06

6.5

06/05/06

13.0

Page 50 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/06/06

HOURS 13.5

DAILY LOG Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to original Business Plan - Dealing with questions from potential investors - Dealing with questions form Capstone Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to original Business Plan - Dealing with questions from potential investors Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to original Business Plan - Dealing with questions from potential investors Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to original Business Plan - Dealing with questions from potential investors Activities during the day included: - Preparing for and participating in a meeting with F. Macher and the plastics group to understand and estimate an annualized EBITDA run rate - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to original Business Plan - Dealing with questions from potential investors

06/07/06

15.0

06/08/06

13.0

06/09/06

8.0

06/12/06

12.5

Page 51 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/13/06

HOURS 15.5

DAILY LOG Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Reconciling sales numbers from commercial group to the original Business Plan - Dealing with questions from potential investors Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Dealing with questions from potential investors - Dealing with questions from Capstone Activities during the day included: - Working directly with M. Masanovich to understand and articulate assumptions for FY 2007 - FY 2010 Revised Business Plan - Building an integrated FY 2007 - FY 2010 Business Plan model - Presenting the revised Business Plan to F. Macher and the rest of the management team - Dealing with questions from potential investors Activities during the day included: - Preparing for and participating in a meeting where the Company presented a high level summary of its business plan to the Banks advisors and unsecured creditors advisors - Preparing for and participating in a meeting where the Company presented a high level summary of its business plan to one of the potential investors - Dealing with questions from potential investors

06/14/06

15.5

06/15/06

14.0

06/16/06

9.0

Page 52 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/19/06

HOURS 13.0

DAILY LOG Activities during the day included: - Preparing for and participating in a meeting where the Company presented a high level summary of its business plan to one of the potential investors - Preparing for and attending a meeting with D. DeSebastian re: BOS model - Dealing with questions from potential investors - Dealing with questions from Capstone Activities during the day included: - Dealing with Giuliani re: Hermosillo visit - Undertaking a deep dive analysis on the sales numbers and corporate overhead numbers in the FY2007 and FY 2008 business plan - Preparing a short presentation on the FY 2007 and FY 2008 revised business plan for J. Boken for inclusion in his Board presentation - Dealing with questions from customers advisors - Dealing with questions from potential investors Activities during the day included: - Undertaking a deep dive analysis on corporate overhead within FY 2007 and FY2008 business plan - Reviewing headcount assumptions in relation to the business plan - Dealing with questions from potential investors - Dealing with questions from customers advisors - Dealing with questions from Capstone Activities during the day included: - Preparing for and participating in a meeting with Capstone where the detailed FY2007 and FY2008 business plan was presented - Dealing with questions from potential investors Activities during the day included: - Preparing for and attending a meeting with Giuliani re: Hermosillo - Dealing with questions from potential investors - Dealing with questions from Capstone - Dealing with Giuliani re: Hermosillo - Reviewing the BOS model

06/20/06

14.5

06/21/06

13.5

06/22/06

12.5

06/23/06

8.0

Page 53 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/26/06

HOURS 10.0

DAILY LOG Activities during the day included: - Preparing for and participating in a meeting with Alvarez where the detailed FY2007 and FY2008 business plan was presented - Dealing with questions from potential investors - Reviewing May actual results re: plastics - Dealing with questions from Capstone Activities during the day included: - Preparing for and attending a meeting with a potential investor re: Plastics division performance - Rolling out the BOS model to Athens - Dealing with questions from potential investors - Reviewing the reasonableness of several plastic plants balance sheets Activities during the day included: - Reviewing and updating the BOS model - Dealing with questions from potential investors - Reviewing the reasonableness of several plastic plants balance sheets - Participating in a meeting with a potential investor re: Business Plan Activities during the day included: - Reviewing and updating the BOS model - Dealing with questions from potential investors - Reviewing the reasonableness of several plastic plants balance sheets - Participating in a meeting with a potential investor re: Business Plan Activities during the day included: - Reviewing and updating the BOS model - Dealing with questions from potential investors - Reviewing the reasonableness of several plastic plants balance sheets - Participating in a conference call with a potential investor re: plastics division

06/27/06

12.5

06/28/06

12.0

06/29/06

12.5

06/30/06

8.0

TOTAL

296.0

Page 54 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/01/06

HOURS 13.0

DAILY LOG Activities during the day included - Update development of cash flow forecast through September - Prepare information response to questions from Third Ave Investors - Meeting with Capstone re new cash flow forecast through September - Meeting with executive management in preparation for call with Lenders - Discussions with payroll department re payroll during shutdown period - Development of information for call with Lenders Activities during the day included: - Development of cash flow forecast through December 31 under various scenarios - Preparation of information as requested by Third Avenue Investors - Conference call with Third Avenue to view cash flow reports - Review of preliminary A/R roll forward for OEMs - Development of information as requested by advisors to the Committee - Review of reconciliation of sales per the financial system and invoice system Activities during the day included: - Update development of cash flow forecast through September - Meeting with executive management in preparation for call with Lenders - Meeting with Capstone re new cash flow forecast through September - Development of presentation for Board of Directors re cash forecast - Development of interim 13-week cash flow forecast for Lenders Activities during the day included: - Review of preliminary 4+8 Business Plan forecast - Conference call with Lazard and management to review forecast - Analysis of preliminary actual cash flow results for prior week - Update analysis of CapEx and Restructuring Expense forecast - Meeting with Capstone re new cash flow forecast through September - Analysis of information from Mexico re cash balances and forecasts

06/02/06

8.0

06/05/06

12.3

06/06/06

13.3

Page 55 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/07/06

HOURS 13.0

DAILY LOG Activities during the day included: - Meeting with executive management re cash flow forecast - Development of report for management re cash flow forecast and alternative scenarios - Analysis of prior week's actual cash flow results vs plan, including explanation of variances - Review of updated wind down plan for the Fabrics division - Meeting with Capstone and accounting re sale and transfer of assets - Update analysis and forecast of CapEx disbursements through year-end Activities during the day included: - Review of preliminary 4+8 Business Plan forecast - Conference call with Lenders and management to the review cash flow forecast - Development of information for updated 2006 EBITDA forecast - Development of cash flow forecast through December 31 under various scenarios - Discussions with management re analysis of new 2006 EBITDA Forecast - Development of debt and interest schedule as requested by Capstone Activities during the day included: - Development of revised cash flow forecast through year-end - Analysis of and provide comments on revised ReCap plan as development by Lazard - Development of assumptions and input model based on new 4+8 Forecast - Meeting with management to review the 4+8 Forecast - Meeting with Capstone to review cash flow forecast and open issues Activities during the day included: - Meeting with Lazard re the new ReCap model and forecast - Meeting with management to review updates to cash forecast - Development of reconciliation of January cash flow forecast to current cash position - Analysis of updated Recap model and Forecast - Update cash flow forecast through December under various scenarios and assumptions

06/08/06

13.5

06/09/06

8.0

06/12/06

13.7

Page 56 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/13/06

HOURS 15.0

DAILY LOG Activities during the day included: - Preview of preliminary cash flow report for prior week - Meeting with Lazard re analysis of update ReCap model and forecast - Update forecast of CapEx disbursements for remainder of year - Update cash flow forecast and preliminary reconciliation to ReCap model - Meeting with management to review cash forecast and ReCap model Activities during the day included: - Analysis of preliminary A/R roll forward model and estimates - Analysis of prior week's actual cash flow results vs. plan, including explanation of variances - Development of daily two-week cash flow forecast - Analysis of updated financial statements under the 4+8 Forecast - Update various scenarios under cash flow forecast for available and restricted cash Activities during the day included: - Analysis of multiple-versions of proposed 4+8 Balance Sheet forecast - Discussions with Lazard re Forecasted Balance Sheet and proposed alternative scenarios - Development of alternative cash flow forecast through December - Reconciliation of cash flow forecasts to 4+8 Forecast - Analysis of updated A/R roll forward - Development of summary information package for management regarding cash flow forecasts Activities during the day included: - Analysis of revised financial statements under the 4+8 Forecast - Update presentation of updated cash flow forecast through December 2006 - Analysis of Fabric's revised wind down forecast Activities during the day included: - Analysis of revised financial statements under the 4+8 Forecast - Development of updated reconciliation analysis for cash flow forecast - Meeting with T Trenary to review current cash flow forecast - Update presentation of updated cash flow forecast through December 2006 - Analysis of Fabric's revised wind down forecast

06/14/06

14.3

06/15/06

14.0

06/16/06

4.0

06/19/06

11.0

Page 57 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/20/06

HOURS 13.5

DAILY LOG Activities during the day included: - Preparation of information for meeting with Capstone and OEM advisors - Meeting with Capstone re Cash Flow forecast and 4+8 Forecast - Development of presentations for Board of Directors - Review of preliminary cash flow results - Meeting with management to review CapEx forecast and expenditures - Reconciliation of various scenarios under cash flow forecast Activities during the day included: - Review of preliminary 2007/2008 Forecasts - Meeting with management and Lazard to review assumptions for 2007/2008 Forecast - Preparation of information for meetings with BBK and SRR regarding 4+8 Forecast and cash flow forecast - Meeting with management and BBK re 4+8 Forecast and cash flow forecast - Analysis of prior week's actual cash flow results, including explanation of variances Activities during the day included: - Review of preliminary 2007/2008 Forecasts - Analysis of CapEx expenditures for the month of June and year-to-date - Meeting with management to review assumptions for 2007/2008 Forecast - Preparation of information to questions from SRR re cash flow forecast - Meeting with M Masanovich re information to be provided to BBK - Review of update forecast, including actuals, on Fabric wind down Activities during the day included: - Reconciliation of payroll and Overhead costs in 4+8 Forecast to cash flow forecast analysis of various assumptions - Meeting regarding development of information on Fabrics wind down Activities during the day included: - Development of information as request by OEM advisors - Development of cash flow forecast required under DIP Amendment - Discussions with accounting re revised CapEx forecast - Review and discussions of revised Restructuring Expense report

06/21/06

13.3

06/22/06

10.0

06/23/06

8.0

06/26/06

11.0

Page 58 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 06/27/06

HOURS 14.2

DAILY LOG Activities during the day included: - Development of report on open information requests from various third-parties - Meeting with management re open information requests - Development of cash flow forecast required under DIP Amendment - Read draft of Fourth DIP Amendment - Discussions with payroll and treasury re vacation pay funding - Review of preliminary actual cash flow report for prior week - Review of revised CapEx forecast and comparison to prior estimates Activities during the day included: - Development of information in support of DIP Amendment - Review updated A/R roll forward - Update report on current debt balances and L/C balances - Development of 13-week forecast for DIP Covenant purposes - Meeting with management re 4+8 Forecast and cash flow forecast - Analysis of prior week's actual cash flow results, including explanation of variances Activities during the day included: - Development of information in support of DIP Amendment - Telephone call with Lenders regarding DIP Amendment - Development of 13-week forecast for DIP Covenant purposes and reconciliation to prior forecasts - Analysis of update forecast for CapEx and Restructuring and comparison to actuals - Analysis of updated wind down forecast for Fabrics

06/28/06

13.7

06/29/06

12.5

TOTAL

249.3

Page 59 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/01/06

HOURS 13.1

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading, analyzing and editing the Fabrics wind down Production Schedule. - Reading and analyzing an auction proposal relating to the Fabrics wind down. - Participating in and following up on discussions with Asset Liquidator regarding the disposition of Fabrics Assets. - Preparing for, participating in and following up on discussions Millard King, Gerald Jones and Rob Kost. - Participating in discussion with Chip Moore regarding the office equipment leases. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Participating in and following up on discussions with a potential acquirer of the El Paso facility. - Reading and analyzing the draft Asset Purchase Agreement for Southwest Laminates. - Reading and analyzing the Fabrics Inventory tracking reports. - Reading and analyzing a revised proposal from an asset liquidator regarding the liquidation of the Fabrics Assets. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading and analyzing the month of May cash distributions for the Fabrics Division. - Preparing for, participating in and following up on a meeting regarding the sale of assets at the Westland and Manchester facilities. - Participating in and following up on a call with Rick Kibbey regarding the sale of the Williamston Facility. - Reading and analyzing the Major Past Due Accounts Receivable Schedule.

06/02/06

12.1

06/05/06

11.3

Page 60 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/06/06

HOURS 12.1

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Preparing for, participating in and following up on a meeting with Gerald Jones and Bryan Glei regarding the May financial performance of the Fabrics Division. - Preparing, editing and analyzing the April and May net cash to EBITDA reconciliation. - Participating in and following up on due diligence request from a potential buyer of the El Paso Facility. - Participating in and following up on discussions with Millikan and Guilford regarding the transfer of a DCX program. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading and analyzing an auction proposal relating to the Fabrics wind down. - Reading, analyzing and editing the asset bid summary schedule to compare the bids from auctioneers. - Reading and analyzing a letter of intent regarding the Paint Roller Business. - Preparing for and participating in discussions with Guilford Mills regarding asset sales. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Participating in and following up on discussions relating to the due diligence request relating to the sale of a facility. - Preparing for and participating in discussions regarding the Textron settlement. - Preparing for, participating in and following up on conference call with the creditor's professionals regarding the status of the Fabrics wind down. - Participating in discussions with a potential auctioneer for the Fabrics assets. - Reading and analyzing the past due accounts schedule relating to Fabrics' accounts receivable.

06/07/06

12.3

06/08/06

11.5

Page 61 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/09/06

HOURS 8.5

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading, analyzing and editing the asset bid summary schedule to compare the bids from auctioneers. - Reading, analyzing and editing the Textron Proposal. - Participating in and following up on discussions with Gerald Jones and direct reports regarding the direct material purchases included in the Fabrics wind down plan. - Preparing for and participating in a meeting with Commercial regarding the re-sourcing of DCX programs from the Fabrics Division. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Preparing for, participating in and following up on a meeting with Gerald Jones and Rocky Carver regarding the plan to minimize inventory risk. - Participating in and following up on due diligence request from a potential buyer of the El Paso Facility. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading and analyzing an auction proposal relating to the Fabrics wind down. - Reading, analyzing and editing the asset bid summary schedule to compare the bids from auctioneers. - Reading, analyzing and editing the financial impact of various scenarios relating to a potential GECC settlement.

06/12/06

8.3

06/13/06

11.5

Page 62 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/14/06

HOURS 11.1

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Reading, analyzing and following up on the Fabrics Past Due Accounts schedule. - Reading and analyzing an auction proposal relating to the Fabrics wind down. - Reading, analyzing and editing the asset bid summary schedule to compare the bids from auctioneers. - Preparing for, participating in and following up discussions with K&E and Lazard regarding the sale of the SWL facility. - Preparing for, participating in and following up on negotiations with a potential acquirer of the SWL facility. - Reading, analyzing and editing the timeline relating to the retention of an auctioneer for the Fabrics' assets. - Participating in discussions with creditors regarding their questions relating to the wind down cash flow projections. Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections and variance analysis. - Preparing for, participating in and following up on a conference call with the financial advisors and lawyers to the Lenders and the Committee. - Reading, analyzing and editing the auctioneer bids summary. - Participating in and following up on staff meeting regarding roles and responsibilities. - Reading, analyzing and editing the timeline relating to the retention of an auctioneer for the Fabrics' assets. - Participating in discussions with creditors regarding their questions relating to the wind down cash flow projections. - Participating in and following up on the resourcing DCX programs from Fabrics. Activities of the day - Reading, analyzing and editing the auctioneer bids summary. - Participating in discussions with the financial advisors to the Committee regarding the Fabrics wind down issues and risks. - Participating in and following up on the resourcing DCX programs from Fabrics. - Reading and analyzing the inventory tracking reports to monitor the Fabrics' inventory risk.

06/15/06

10.4

06/16/06

8.4

Page 63 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/19/06

HOURS 10.9

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics Cash Flow Projections. - Participating in discussions with a potential auctioneer for the Fabrics assets. - Reading, analyzing and editing the auctioneer bids summary. - Preparing for, participating in and following up on discussions regarding the open items and significant issues surrounding the Fabrics wind down with Gerald Jones. Activities of the day - Reading, analyzing and editing the auctioneer bids summary. - Participating in and following up on a discussion with KZC senior personnel regarding selection of the auctioneer. - Preparing for, participating in and following up on discussion with Fabrics management team regarding the Tusho AR issues. - Reading and analyzing an offer to purchase Fabrics owned equipment from Guilford Mills. - Participating in discussion with potential acquirer of the leased reas estate in Roxboro. - Reading, editing and analyzing a proposal to Tsusho regarding the settlement of prepetition accounts receivable issues. Activities of the day - Preparing for, participating in and following up on conference call with Foamex regarding the pre-petition accounts receivables and sales terms. - Reading, editing and analyzing a proposal to Tsusho regarding the settlement of pre-petion accounts receivable issues. - Preparing for, participating in and following up on a meeting with Fabrics personnel regarding the negotiating strategy regarding a settlement with Tsusho relating to the accounts receivable. - Preparing for, participating in and following up on a conference call regarding the asset sales at the Westland and Manchester plants. - Preparing for and participating in meeting with Fabrics and Commercial personnel regarding the exit plan for DCX programs.

06/20/06

11.2

06/21/06

11.4

Page 64 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/22/06

HOURS 10.5

DAILY LOG Activities of the day - Preparing for, participating in and following up on conference call with the financial advisors and the attorneys of the Lenders and the Committee regarding the weekly Fabrics update. - Reading, editing and analyzing the Fabrics wind down cash flows and the actual to budget variance analysis. - Preparing for and participating in discussion with KZC personnel, K&E personnel and C&A personnel regarding the status of the Fabrics wind down. - Editing, reviewing and analyzing the Dorchester inventory build analysis. - Preparing for and participating in discussions with Miliken and Guilford regarding the re-sourcing of a DCX product. - Read, analyzed and edited the Textron Proposal. Activities of the day - Preparing for, participating in and following up on conference call with the C&A personnel regarding the asset sales at Westland and Manchester. - Preparing for and participating in discussions with Fabrics and Carpet and Acoustics personnel regarding the transfer of intercompany assets. - Read and analyzed the GECC proposal for a settlement of the master lease issues. - Participated in discussions with various asset liquidators regarding proposals to assist with the Fabrics wind down. - Participated in discussions with Guilford personnel regarding the potential sale of certain Fabrics' assets. - Read, analyzed and edited the cash flows for the Fabrics wind down. Activities of the day - Preparing for, participating in and following up on conference call with the C&A personnel regarding the asset sales at Westland and Manchester. - Preparing for and participating in discussions with Fabrics and Carpet and Acoustics personnel regarding the transfer of intercompany assets. - Read and analyzed the GECC proposal for a settlement of the master lease issues. - Participated in discussions with various asset liquidators regarding proposals to assist with the Fabrics wind down. - Participated in discussions with Guilford personnel regarding the potential sale of certain Fabrics' assets. - Read, analyzed and edited the cash flows for the Fabrics wind down.

06/23/06

8.3

06/26/06

10.8

Page 65 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/27/06

HOURS 11.5

DAILY LOG Activities of the day - Preparing for, participating in and following up on conference call with the Foamex personnel regarding past due receivables. - Read, analyzed and edited the cash flows for the Fabrics wind down. - Read, analyzed and edited the Toyota fork truck analysis regarding overtime charges. - Created, read and edited a summary of machines at Fabrics that will be sold by Gordon Brothers. This summary will be included in the Gordon Brothers retention stipulation. - Participated in discussions with C&A accounts payable regarding the payment of Foamex payables via ETFs. Activities of the day - Preparing for, participating in and following up on conference call K&E and C&A personnel regarding the DCX exit plan. - Read, analyzed and edited the GECC proposal analysis. - Read, analyzed and edited the cash flows for the Fabrics wind down. - Prepared for and participated in discussions regarding asset sales with C&A personnel. - Prepared for, participated in and followed up on negotiations with Tsusho regarding the payment of pre-petition accounts receivable and the reconciliation of claims. - Participating in and following up on discussions with Shawmut personnel regarding the delivery of products produced relating to the DCX inventory build. - Reading and analyzing the Fabrics wind down Production Plan.

06/28/06

11.1

Page 66 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 06/29/06

HOURS 10.5

DAILY LOG Activities of the day - Participating in and following up on discussions with Shawmut personnel regarding the delivery of products produced relating to the DCX inventory build. - Reading, editing and analyzing the Fabrics wind down cash flow report. - Reading and analyzing the Fabrics wind down Production Plan. - Reading and analyzing the Fabrics Aged accounts receivable report. - Preparing for, participating in and following up on the weekly Fabrics wind down status call with the Financial advisors and attorneys for the Lenders and the Committee. - Preparing for, participating in and following up on a call with GECC to negotiate the settlement of the master leases. - Preparing for and participating in a discussion with Guilford to negotiate the sale of the Paint Roller business - a sub business unit within Fabrics. Activities of the day - Participating in and following up on discussions with Shawmut personnel regarding the delivery of products produced relating to the DCX inventory build. - Reading, editing and analyzing the Fabrics wind down cash flow report. - Preparing for, participating in and following up on discussions with Tsusho regarding the settlement of claims and the payment of accounts receivables. - Reading, editing and analyzing the GECC proposal schedule relating to a potential settlement of the recharacterization issue.

06/30/06

8.1

TOTAL

234.9

Page 67 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/01/06

HOURS 11.4

DAILY LOG Activities during the day included: - Calls and emails to contacts at various customers w pre-petition balances - Review and analysis of fabrics receivable collection efforts - Discussion with tax group to get European claims support. - Research Becker GE lease payment status - Review and calculate GE portion of Coleshill IP money Activities during the day included: - Discussion with K&E Regarding strategy for supporting European claims - Review status of intercompany position between US and European entities - Calls and emails to contacts at various customers w pre-petition balances - Disc w local counsel re tooling vendor - Develop response to tooling vendor, including potential adequate protection offer - Review document provided by Honda to support offsets Activities during the day included: - Read and comment on data for GECC true up calculation - Calls and emails to contacts at various customers w pre-petition balances - Review status of intercompany position between US and European entities - Review and analysis changes in ATB Activities during the day included: - Read and comment on data for GECC true up calculation - Discussion with Giuliani regarding pre-petition customer collections - Calls and emails to contacts at various customers w pre-petition balances - GECC loan balance review and analysis - Disc w local counsel re tooling vendor - Develop response to tooling vendor, including potential adequate protection offer Activities during the day included: - JPM BBC preparation and analysis - Disc w local counsel re tooling vendor - Develop response to tooling vendor, including potential adequate protection offer - Call with Huron President and Controller - Calls and emails to contacts at various customers w pre-petition balances

06/02/06

9.5

06/05/06

10.3

06/06/06

11.2

06/07/06

12.2

Page 68 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/08/06

HOURS 12.5

DAILY LOG Activities during the day included: - Understand and Plan recovery of Nissan Pre/Post petition AR - Analysis of Huron tooling issue - Call with Huron President and Controller - Calls and emails to contacts at various customers w pre-petition balances - Discussion with Giuliani regarding GECC loan balance Activities during the day included: - Meeting to discuss Frimo tooling issue - Analysis of Huron tooling issue - Calls and emails to contacts at various customers w pre-petition balances - Review and analyze various customers w pre-petition balances - Prepare Nissan invoice dispute support - Discuss communication to UCC regarding European Administration Activities during the day included: - Understand and Plan recovery of Nissan Pre/Post petition AR - Meeting to discuss international claims from affiliates and third parties - JPM BBC preparation and analysis for WE 6/9/06 - JPM BBC preparation and analysis for May ME - Review and Analyze AR post petition AR balances and DSO calculation Activities during the day included: - Understand and Plan recovery of Nissan Pre/Post petition AR - Meeting to discuss reconciliation of GM and DCX pre-petition AR with BBK - JPM BBC preparation and analysis for May ME - Meeting to discuss future monitoring of DSO and reconciliation of ATB to books - Preparation of AR section of Monthly Operating Report

06/09/06

11.5

06/12/06

11.5

06/13/06

12.2

Page 69 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/14/06

HOURS 12.6

DAILY LOG Activities during the day included: - Understand and Plan recovery of Nissan Pre/Post petition AR - Meeting to discuss international claims from affiliates and third parties - JPM BBC preparation and analysis for WE 6/9/06 - JPM BBC preparation and analysis for May ME - Review and Analyze AR post petition AR balances and DSO calculation - Conference Call to discuss Toyota Tsusho setoff and claims - Conference Call to discuss Lear claims - Follow up work on Huron Tooling issue - Discussion with council regarding Frimo tooling issue Activities during the day included: - Review and discuss status of international claims reconciliation with C&A accounting - Conference call to discuss Lear pre and post petition claims - JPM BBC preparation and analysis for May ME - Review and Analyze AR post petition AR balances and DSO calculation - Discussion with GECC advisors regarding loan balance and AR collection status - Discussion with Europe regarding documentation requirements for US tax returns Activities during the day included: - Conference Call to discuss Toyota Tsusho setoff of Pre-petition - Conference Call to discuss Toyota Tsusho claims Activities during the day included: - Calls and emails to contacts at various customers w pre-petition balances - Review and analysis of fabrics receivable collection efforts - Discussion with accounting regarding reconciliation of European claims. - Discussion with Lear regarding past due receivables - Settlement Call with Toyota Tsusho - European Claims conference call

06/15/06

10.8

06/16/06

2.5

06/19/06

9.4

Page 70 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/20/06

HOURS 12.9

DAILY LOG Activities during the day included: - Discussion with counsel regarding goals for July 13 hearing - Review status of intercompany position between US and European entities - Calls and emails to contacts at various customers w pre-petition balances - Disc w local counsel re tooling vendor - Develop response to tooling vendor, including potential adequate protection offer - Review Honda proposed settlement draft document - Review Toyota Tsusho term sheet Activities during the day included: - Read and comment on data for GECC true up calculation - Calls and emails to contacts at various customers w pre-petition balances - Review status of intercompany position between US and European entities - Review and analysis changes in ATB - Call with Simon Appell regarding status of UK Administration Activities during the day included: - Read and comment on data for GECC true up calculation - Discussion with Giuliani regarding pre-petition customer collections - Calls and emails to contacts at various customers w pre-petition balances - GECC loan balance review and analysis - Disc w local counsel re tooling vendor Activities during the day included: - Review letter agreement from Honda - Analyze European claim schedule Activities during the day included: - Internal discussion regarding Nissan Pre/Post petition AR Dispute - Analysis of Huron tooling issue - Call with Huron President and Controller - Calls and emails to contacts at various customers w pre-petition balances - Discussion with Giuliani regarding GECC loan balance

06/21/06

12.2

06/22/06

10.1

06/23/06

2.2

06/26/06

9.6

Page 71 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/27/06

HOURS 12.2

DAILY LOG Activities during the day included: - Coordinate payment of European invoices - Calls and emails to contacts at various customers w pre-petition balances - Review and analyze various customers w pre-petition balances - Prepare Fabrics cash receipts analysis - Discuss communication to UCC regarding European Administration Activities during the day included: - Understand and Plan recovery of Nissan Pre/Post petition AR - Meeting to discuss international claims from affiliates and third parties - JPM BBC preparation and analysis for WE 6/23/06 - Discussion with JCI regarding AR settlement - Discussion with K&E regarding various issues - Discussion with AR/AP departments regarding JCI AR - Meeting with Counsel and C&A to discuss coordinating AR settlement and claims reconciliation efforts - Discussion with Bob Solomon regarding intercompany policies and procedures memo Activities during the day included: - Prepared for conference call with advisors to UCC regarding international claims - Participated in conference call with advisors to UCC regarding international claims - Discussion with K&E regarding support for international claims - Discussion with B. Solomon regarding draft Affidavit for international claims support - Reviewed and organized support for international claims - Reviewed and updated sections of the Disclosure Statement - Discussion with Carson Fischer regarding Toyota Tsusho AR settlement - Coordination with Fabrics personnel regarding Toyota Tsusho and cash receipts

06/28/06

12.1

06/29/06

13.0

Page 72 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 06/30/06

HOURS 8.8

DAILY LOG Activities during the day included: - Discussion with AP to initiate adequate protection payment to D&F Tooling - Prepared revisions to B. Solomon Affidavit for international claims support - Reviewed and organized support for international claims - Reviewed and updated sections of the Disclosure Statement - Review and Analyze AR post petition AR balances and DSO calculation

TOTAL

230.7

Page 73 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/01/06

HOURS 11.9

DAILY LOG Activities during the day included: - Participate in meetings with employees of a potential buyer for Williamston plant - Prepare due diligence analyses for C&A Williamston - Discuss proposed Williamston business plan forecast with C&A management - Discuss meeting with potential buyer with C&A management and KZC M. Lymbery Activities during the day included: - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management - Meetings with C&A management to discuss Williamston business plan forecast Activities during the day included: - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management - Meetings with C&A management to discuss Williamston business plan forecast - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management - Meetings with C&A management to discuss Williamston business plan forecast - Prepare due diligence analyses for C&A Williamston Activities during the day included: - Review and input tooling claim estimates - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management

06/02/06

8.1

06/05/06

10.7

06/06/06

12.3

06/07/06

12.9

06/08/06

12.4

06/09/06

9.5

Page 74 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/10/06

HOURS 6.1

DAILY LOG Activities during the day included: - Review and input tooling claim estimates Activities during the day included: - Preparation of claims reports and lists for 6/12-13 claims meetings Activities during the day included: - Preparation of claims reports and binders for claims meetings - Participate in claims meetings with C&A claims team and certain members of C&A management re: claims estimates and processes - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management Activities during the day included: - Participate in claims meetings with C&A claims team and certain members of C&A management re: claims estimates and processes - Preparation of detailed business plan forecast for C&A Williamston plant - Discuss proposed Williamston business plan forecast with C&A management Activities during the day included: - Prepare due diligence analyses for C&A Williamston - Post Williamston due diligence items to Intralinks and add new users to Intralinks due diligence site - Discuss environmental claims with C&A management and KZC team - Compare environmental claims file prepared by C&A to updates entered by KZC analyst Activities during the day included: - Prepare due diligence analyses for C&A Williamston - Discuss HR and environmental claims with C&A management and KZC team - Compare environmental claims file prepared by C&A to updates entered by KZC analyst - Participate in C&A Williamston meetings with C&A management Activities during the day included: - Prepare due diligence analyses for C&A Williamston - Discuss HR and environmental claims with C&A management and KZC team - Prepare exhibits and schedules to draft C&A Williamston term sheet - Participate in C&A Williamston meetings with C&A management

06/11/06

1.0

06/12/06

10.8

06/13/06

14.1

06/14/06

12.1

06/15/06

11.8

06/16/06

8.4

Page 75 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/19/06

HOURS 10.7

DAILY LOG Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Participate in C&A Williamston meetings with C&A management - Discuss upload of claims database with Kurtzman Carson Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Participate in C&A Williamston meetings with C&A management - Discuss and prepare C&A Williamston inventory schedule - Discuss HR related documents in Williamston asset purchase agreement - Preparation of claims related binders for trade team and add certain claims data to database Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Participate in C&A Williamston meetings with C&A management - Update C&A Williamston inventory schedule - Discuss HR related documents in Williamston asset purchase agreement - Review and preparation of teaser for C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Participate in C&A Williamston meetings with C&A management - Update exhibits and schedules for Williamston asset purchase agreement Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update exhibits and schedules for Williamston asset purchase agreement - Communicate with Kurtzman Carson re: claims site access for KZC team member - Discuss executory contract claims with KZC team member

06/20/06

11.4

06/21/06

11.7

06/22/06

10.1

06/23/06

8.2

Page 76 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 06/26/06

HOURS 11.1

DAILY LOG Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update exhibits and schedules for Williamston asset purchase agreement Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update exhibits and schedules for Williamston asset purchase agreement Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update exhibits and schedules for Williamston asset purchase agreement Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update exhibits and schedules for Williamston asset purchase agreement - Update and preparation of trade claims database - Communicate with C&A management and Carson Fischer L. Lichtman re: liens at C&A Williamston Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update and preparation of environmental claims database - Preparation of draft claims update presentation - Updates to claims database per C&A management input

06/27/06

11.5

06/28/06

12.3

06/29/06

12.1

06/30/06

8.5

TOTAL

249.7

Page 77 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 06/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Created an Excel spreadsheet containing all Plastics plant bridges from budgeted EBITDA to actual/forecasted EBITDA - Created charts to depict the change in EBITDA from budget to actual/forecast for full year 2006 - Spoke to D. Sebest regarding linking information from the Finance cube to the BOS cube to simplify the running/updating of the BOS reports Activities during the day included: - Updated charts that depict the change in EBITDA from budget to actual/forecast for Plastics plants - Added Tooling and Soft Trim plants to Excel spreadsheet listing of plants' bridges from budgeted EBITDA to actual/forecasted EBITDA - Created & formatted charts that depict the change in EBITDA from budget to actual/forecast for Tooling and Soft Trim plants Activities during the day included: - Created instructions on how to download the Excel 2002/2003 Add-in for SQL Server Analysis needed for opening and updating the BOS reports - Revised spreadsheet containing bridges from budgeted EBITDA to actual/forecasted EBITDA due to plant revision of actual/forecasted results - Formatted the plants' charts of the change in EBITDA - Reviewed Hermosillo IRR Analysis Activities during the day included: - Updated and revised C&A POR Action Plan (Gantt Chart) - Analyzed changes from budgeted EBITDA to Forecasted EBITDA by bucket (i.e. volume/mix, manufacturing performance) and plant Activities during the day included: - Updated BOS reports and charts to include May 2006 information - Ran and printed BOS reports and charts for select plants - Met with A. Kaz, V. Lovelace and D. Sebest regarding linking data from the GL-Finance cube to the BOS cube versus rolling-out a new Excel add-in application

06/02/06

8.0

06/05/06

11.3

06/06/06

12.8

06/07/06

12.8

Page 78 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 06/08/06

HOURS 12.2

DAILY LOG Activities during the day included: - Ran and printed BOS reports and charts for select plants - Updated the BOS PowerPoint presentation - Created a model that pulls metrics from the Finance cube and sends them to the BOS cube along with instructions on how to use the model - Created a listing of plants and their names/IDs in the Finance cube and BOS cube Activities during the day included: - Created a listing of open items to be addressed regarding the BOS report - Created an explanation of metrics to accompany the BOS template to be given to plants - Created directions for plants on how to use the BOS template - Formatted individual's May time entries Activities during the day included: - Formatted individual's May time entries - Revised a detailed analysis of lost business per plant - Revised formulas used in BOS report - Revised FY 2007 - 2010 Business Plan for Plastics Division Activities during the day included: - Formatted and reviewed individual's May time entries - Revised BOS report to determine if Cube Analysis formulas may be used instead of OutlookSoft formulas - Created draft of May Cover Letter for Fee Application Activities during the day included: - Clarified directions on how to pull information from the Finance to the BOS Cube - Revised formulas in model allowing information to be pulled from the Finance to the BOS Cube to allow for greater efficiency - Spoke to R. Guyse re. BOS Coordinators and how plant data is currently submitted - Obtained listing of BOS Coordinators, identified plants without BOS Coordinators and plants that are not using the BOS system - Spoke to M. Lymbery re. strategy of initially rolling out BOS to select plants

06/09/06

8.0

06/12/06

11.3

06/13/06

13.0

06/14/06

11.5

Page 79 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 06/15/06

HOURS 10.2

DAILY LOG Activities during the day included: - Formatted and reviewed individual's May time entries - Finalized May Cover Letter for Fee Application - Revised directions on how to use the BOS template - Reformatted BOS Template to be more transparent - Revised BOS PowerPoint to coincide with BOS Explanation of Metrics, BOS Template and BOS Report Activities during the day included: - Adjusted formulas on BOS Report to agree with those in the BOS PowerPoint - Created listing of issues that must be resolved prior to roll out of BOS Template - Revised directions on how to run the BOS Report and Pivot Tables/Charts for different plants - Spoke with M. Lymbery, J. Sharpe, S. Shoemaker, D. Cue, K. Carlson and T. Palomba regarding Hermosillo Plant information - Gathered and formatted Income Statement, Balance Sheet and detailed sales information for J. Boken regarding Hermosillo Plant - Spoke with L. Smith regarding Hermosillo high level product line information Activities during the day included: - Met with M. Lymbery to revise Hermosillo Ford sales information and research interior awards won in 2006 for J. Boken - Revised Hermosillo Income Statement, Balance Sheet and key points for J. Boken - Met with D. Sebest to discuss rolling out new BOS Template, as well as security and responsibility concerns - E-mailed D. DiSebastian an update on the status of the BOS rollout - Listed new BOS Accounts to be created so that Finance Information may be sent into the BOS. E-mailed listing to R. Guyse - Created list of action steps to be carried out prior to roll-out of BOS Template and Report

06/16/06

10.0

06/19/06

10.4

Page 80 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 06/20/06

HOURS 13.3

DAILY LOG Activities during the day included: - Analyzed change in EBITDA from Q3 '06 to Q4 '06 for Plastics plants - Prepared the third interim fee application - Obtained biographies from P. Agrawal, B. Fernandes, M. Cervi and S. Martinez - Created biography for M. Jackson - Met with B. Nawrocki to obtain Hermosillo capital lease payment and interest payment information - Met with R. Mizak to discuss re-formatting and obtaining more detail for select line items on the Hermosillo Income Statement Activities during the day included: - Revised and reformatted the business plan for FY 2007 - FY 2008 (Plastics) - Revised "Primary Area of Responsibility" on Professional's May time entries - Spoke to D. Sebest regarding using existing BOS Accounts vs. creating new BOS Accounts for Finance Metrics as well as how new accounts should be mapped/rolled up - Spoke to R. Guyse regarding creating new BOS IDs for Finance Metrics - Revised formulas in model so that Finance information is sent to BOS cube in US$000 Activities during the day included: - Spoke to K. Mahon regarding formatting changes to KZC May Invoice - Spoke to D. Sebest regarding how to create a Data Input Report in OutlookSoft - Revised formulas in model that sends information from the Finance Cube to the BOS Cube - Updated model that allows all May information to be sent from the Finance Cube to the BOS Cube for Plastics & Soft Trim Plants - Packed files in box for move to Southfield No hours incurred Activities during the day included: - Established internet and printing connection in new Southfield office - Finalized, copied and mailed May Fee Applications - Met with L. Smith to discuss preparations needed to rollout New BOS Template - Revised formulas used to calculate metrics in the BOS Presentation and Report

06/21/06

12.0

06/22/06

11.4

06/23/06 06/26/06

8.9

Page 81 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 06/27/06

HOURS 12.1

DAILY LOG Activities during the day included: - Met with L. Smith and D. Sebest regarding saving BOS Template to Company folder and next steps to roll out - Simplified user directions in BOS Template - Prepared for rollout of New BOS Template to Athens Plant - Saved Jan. '05 - May '06 Plastics information from Finance Cube to BOS Cube Activities during the day included: - Prepared for rollout of New BOS Template to Athens Plant - Met with D. Sebest to establish administrative rights to New BOS Template - Conference call with L. Smith, D. Sebest, C. Wagner, L. Brantley, B. Blackledge and N. Harmon, to introduce New BOS Template - Saved Jan. '05 - May '06 Plastics information from Finance Cube to BOS Cube Activities during the day included: - Saved Jan. '05 - May '06 Plastics information from Finance Cube to BOS Cube - Revised roll up of New BOS Accounts within BOS Cube - Met with D. Sebest to revise a report that tracks Plastics Plants' input of BOS information - Met with C. Wagner and L. Smith to revise BOS measures and descriptions - Revised draft BOS Report for Athens Activities during the day included: - Revised Quality and Delivery Measures on BOS PowerPoint and BOS Template - Met with R. Mizak and C. Yi to discuss how to pull financial statements from OutlookSoft - Met with C&A IT to install C&A VPN to laptop

06/28/06

11.1

06/29/06

12.5

06/30/06

7.6

TOTAL

232.4

Page 82 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 06/01/06

HOURS 13.3

DAILY LOG Activities during the day included: - Compiled direct payment schedules to be distributed to vendors based on data provided by SRR and BBK - Worked with engineering and accounting teams to assemble contact information for all vendors to be contacted - Met with Susan Shoemaker review GM prototypes and amounts remaining to bill - Edited introductory letters to be sent to those vendors Activities during the day included: - Continued work on compiling letters to be sent to vendors regarding direct invoice payments - Met with John Boken and the rest of the KZC tooling team to review vendor payment confirmation letters and other outstanding issues - Directed the efforts of an accounts payable staff member in thoroughly vetting the vendor contact list by searching for information and calling some of the vendors directly for appropriate names Activities during the day included: - Compiled direct payment schedules to be distributed to vendors based on data provided by SRR and BBK - Directed efforts of an accounts payable staff member to complete vetting the vendor contact list - Met with Bill Murphy and some of the KZC tooling team to draft a presentation for a meeting with Tim Trenary - Had a meeting with John Boken and the rest of the KZC tooling team to review outstanding issues Activities during the day included: - Continued work on compiling both letters as well as repayment schedules to be sent to vendors regarding direct invoice payments - Met with Bill Murphy and some of the KZC tooling team to draft a presentation for a meeting with Tim Trenary - Worked on forecasting Tooling cash flow requirements - Helped Lisa Henson in accounting to track the payment of a vendor

06/02/06

8.7

06/05/06

13.5

06/06/06

14.5

Page 83 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 06/07/06

HOURS 13.7

DAILY LOG Activities during the day included: - Worked with W. Murphy, M. Ripper and others to finalize the tooling presentation intended for Tim Trenary and other members of management - Presented the state of the tooling operations to Tim Trenary along with M. Ripper and the KZC tooling team - Continued work on compiling letters to be sent to vendors regarding direct invoice payments Activities during the day included: - Finalized vendor contact list by making calls to the remaining outstanding vendors for the appropriate finance individual's information - Addressed one vendor personally to test the process of receiving vendor confirmations on a larger scale - Continued work on compiling letters to be sent to vendors regarding direct invoice payments Activities during the day included: - Continued work on compiling letters to be sent to vendors regarding direct invoice payments - Furthered progress on gathering data for one page program summaries - Worked with A. Kaz to transition his outstanding work to myself for the following week that he will not be available Activities during the day included: - Worked with D. Kerrigan to outline the changes needed for the updated one page summaries - Met with project accounting staff to better understand the source of the data that needed to be compiled for the one page summaries - Developed draft one page summaries for twelve major programs Activities during the day included: - Continued to work on completing one page summaries - Reviewed letter confirmations received from vendors - Corresponded with multiple Tawainese vendors to make them aware of the vendor payment confirmation effort and to compile the packets in accordance with their requirements

06/08/06

13.5

06/09/06

8.0

06/12/06

16.3

06/13/06

16.1

Page 84 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 06/14/06

HOURS 12.5

DAILY LOG Activities during the day included: - Continued to compose and address letters to vendors. Worked with Dale Perryman's team to coordinate logistics of copying and mailing letters - Met with J. Boken to sign vendor letters. - Met with Ann Arndt and her team to understand discrepancies in TPO listings between V. Kopki's Tooling 2 database and PAS. Reconciling these 2 databases will allow us to understand how much of the gross TPO has been collected Activities during the day included: - Reviewed issues with KZC version of tooling 2 database and outlined steps to rectify the problems - Participated on a tooling cash call with W. Murphy, D. Kerrigan, and C&A teams - Met with M. Cervi and C. Yi to analyze future tooling ARs by customer - Outlined system for response keeping and communication disbursement of Vendor payment confirmation letters Activities during the day included: - Continued work on Vendor communications plan and management - Met with Dale Perryman to review communications process, information disbursement and invoice / materials reconciliation which will begin next week - Began work on incorporating changes into the 1 page program summaries as well as automation of the production of these reports Activities during the day included: - Meeting to discuss issues surrouding allocation of invoices to TPOs - Furthered work on 1 page program summaries - Outlined process for the management of the receipt of vendor invoices over the next several weeks. Process involves both C&A teams as well as some KZC individuals. Alerted various groups around C&A and got their feedback regarding the confirmation and reconciliation process that will commence once the letters have been sent.

06/15/06

11.8

06/16/06

8.0

06/19/06

12.9

Page 85 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 06/20/06

HOURS 14.8

DAILY LOG Activities during the day included: - Progressed work on the one page summaries by program of TPO amounts and collections. Incorporated the revised TPO data into the analysis as well as added and populated columns to break out the collections into Protocol verses regular course payments - Introduced team members to the vendor payment confirmation effort and briefed them on how to begin creating the physical file folders for each vendor. Began work on reconciling letters and invoices received with letters - Met with Dale Perryman, A. Kaz, and other members of the payables team to outline a process for reconciling invoices once they've been received from the vendors in response to the payment verification letters sent last week Activities during the day included: - Continued work on one page program summaries - Guided KZC employee in assembling backup materials for vendor payment confirmations as well as in managing communication between parties - Worked with Tony Muscillo to gather capital and launch data for his analysis No hours incurred No hours incurred Activities during the day included: - Created an action plan based on tooling meetings from previous week - Incorporated comments from program teams into one page summaries and continued to work on completing summaries - Reviewed letter confirmations received from vendors to date and began the process of verifying the validity of unknown invoices received Activities during the day included: - Continued to work on completing one page summaries - Reviewed letter confirmations received from vendors and structured analysis based on new information. - Outlined next steps based on vendor confirmations received - Directed the creation of a report to illustrate the progress of the vendor payment confirmation effort along with an analysis to identify the areas that will need a greater amount of effort to confirm

06/21/06

14.7

06/22/06 06/23/06 06/26/06

11.7

06/27/06

15.0

Page 86 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUBSTANTIVE CONSOLIDATION ANALYSIS AND MODELING

DATE 06/28/06

HOURS 13.0

DAILY LOG Activities during the day included: - Continued to work on completing one page summaries. Began to restructure the analysis given more accurate collections data for all twelve programs - Reviewed letter confirmations received from vendors and structured analysis based on new information. Activities during the day included: - Continued to work on completing one page summaries - Reviewed letter confirmations received from vendors and structured analysis based on new information. - Meeting with Program managers of GM and Ford to introduce ECMS and PAS variances and solicit the help of their teams to reconcile and forecast cash flows Activities during the day included: - Continued to work on completing one page summaries - Reviewed letter confirmations received from vendors - Began reconciliation of tooling cash against bank and treasury logs. Identified one of the Customers as the largest piece and structured a process for identifing bank cash flows with descriptions using other data sources

06/29/06

11.7

06/30/06

8.0

TOTAL

251.7

Page 87 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 06/01/06

HOURS 10.9

DAILY LOG Activities of the day - Updated the severance schedule for the wind down cash flow model for the Fabrics division - Updated the payroll schedule for the wind down cash flow model - Worked with C&A employees regarding variances in severance files - Analyzed Southwest Laminates cost structure for wind down cash model Activities of the day - Updated the production schedule for the cash flow model - Updated the sales projections for the cash flow model - Revised SWL's cost structure based upon conversations with C&A employees - Work session with C&A employees re: payroll, severance and lease assumptions Activities of the day - Updated the sales projection for the cash flow model - Developed assumptions for the wind down cash flow model - Work session with C&A employees re: assumptions in the cash flow model - Reviewed April and May actual results and compared to the cash flow model Activities of the day - Updated the supporting schedules to the Fabrics cash flow model - Phone conversations with corporate C&A employees re: recording actual payroll and benefits for wind down cash flow model - Work session with C&A employees re: assumptions in the cash flow model - Began updating the cash flow model with actual results for March Activities of the day - Gathered receipts and disbursements data for the Fabrics division March through May actual activity - Work session with the secured creditors advisors re: the wind down cash flow model - Phone conversations with corporate C&A employees re: payroll - Developed an actual receipts and disbursements analysis to track actual results

06/02/06

8.3

06/05/06

10.1

06/06/06

11.5

06/07/06

12.1

Page 88 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 06/08/06

HOURS 12.3

DAILY LOG Activities of the day - Phone conversations with C&A employees re: payroll, benefits, insurance and workers comp disbursements to be included in the cash flow model - Work session with C&A employees re: actual results for March, April and May - Updated the cash flow model for the payroll changes, benefits, and workers comp disbursements - Developed a bridge from Fabrics EBITDA to Net Cash Flow Activities of the day - Phone conversation with C&A employees re: benefits and insurance payments for the Fabrics division - Work session with Fabrics management re: actual results for March, April and May - Work session revising the EBITDA to Net Cash Flow bridge for March, April and May - Updated the cash flow model with new schedules provided by C&A employees Activities of the day - Phone conversation with C&A employees re: providing actual benefits and real estate payments on a weekly basis for the Fabrics division - Work session with Fabrics management re: EBITDA to Net Cash Flow bridge for March, April and May - Work session updated the wind down cash flow model in order to incorporate weekly actuals - Phone conversation with A&M re: Fabrics cash flow projections Activities of the day - Work session with Fabrics management re: actuals for March, April and May - Work session revised the wind down cash flow model with more actuals - Work session looking into SWL's cost structure in order to better forecast results - Work session drafted assumptions to accompany the cash flow model Activities of the day - Updated the assumptions to the wind down cash model - Phone conversation with C&A employees re: actual payroll paid - Updated the cash flow model for revised payroll amounts paid in March through May - Updated the bridges for the cash model - Updated the wind down projections for June through December

06/09/06

8.0

06/12/06

8.8

06/13/06

11.7

06/14/06

11.9

Page 89 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 06/15/06

HOURS 11.2

DAILY LOG Activities of the day - Updated the assumptions to the wind down cash model - Revised the projections for June through December - Participated in update call with creditors - Began updating the cash flow model for actual results for the first week of June Activities of the day - Revised the cash flow for actual results the first week of June - Began updating the cash flow model for actual results for the second and third week's of June - Reviewed sales projection file from Fabrics division - Reviewed the Fabrics division asset sale schedule Activities of the day - Revised the cash flow for actual payroll and severance - Meeting with Fabrics management to discuss status of various issues and next steps - Work session with Fabrics employees regarding actuals from the A/P system for the first three weeks of June Activities of the day - Revised the cash flow for information provided from the a/p system for the first three weeks of June - Work session with Fabrics employees regarding sales for the first three weeks of June - Phone conversations with C&A employees regarding vacation pay for Fabrics employees - Work session analyzing variances from budget to actual cash flow for the first three weeks of June Activities of the day - Work session with C&A employees regarding accrued vacation pay - Updated cash flow model for actual vacation pay paid the first three weeks of June - Work session with Fabrics management regarding actual results for the first three weeks of June - Updated the variance analysis for budget to actual

06/16/06

8.0

06/19/06

9.1

06/20/06

9.1

06/21/06

10.8

Page 90 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 06/22/06

HOURS 8.6

DAILY LOG Activities of the day - Participated in weekly update call with the lenders and their advisors - Updated the cash flow projections based upon the first three weeks of June results - Work session with Fabrics management regarding sales assumptions and material costs going forward - Phone conversations with C&A employees regarding open items for the weekly Fabrics cash flow Activities of the day - Work session with KZC team members regarding Fabrics cash flow and assumptions - Developed a payroll budget vs. actual variance analysis - Researched variances by facility and employee type - Phone conversation with Fabrics management regarding the variances Activities of the day - Updated the cash flow model with last week's actual disbursements - Work session analyzed the production schedule prepared by the Fabrics division - Developed a budget to actual analysis for last week's cash activity - Reviewed weekly sales forecast that was prepared by the Fabrics division Activities of the day - Updated the cash flow model with last week's actual receipts and disbursements - Work session with Fabrics employees regarding payroll, the production schedule and benefits - Updated the weekly projections for the cash flow model - Reviewed asset sales tracking schedule Activities of the day - Work session with Fabrics management regarding adjusting forecasted payroll, benefits, production schedule and sales - Updated the variance analysis based upon last week's actual results which included notes on variance amounts - Updated the weekly projections for the cash model - Phone conversation with C&A corporate regarding insurance

06/23/06

8.0

06/26/06

9.5

06/27/06

11.2

06/28/06

10.0

Page 91 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 06/29/06

HOURS 8.8

DAILY LOG Activities of the day - Participated in weekly update call with the creditors and their advisors regarding the Fabrics wind down - Work session with Fabrics management regarding reforecasting payroll, benefits, sales and production for July and August - Phone conversations with C&A corporate regarding collections and severance for the Fabrics division Activities of the day - Work session updating the weekly cash flow model for last week's actuals - Updated the cash flow projections based upon new information provided by Fabrics management

06/30/06

5.5

TOTAL

215.4

Page 92 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/01/06

HOURS 12.4

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and explained Actuals versus Budget variances; - Analyzed and gathered financial information for potential investor groups; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and explained Actuals versus Budget variances; - Analyzed and gathered financial information for potential investor groups; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and explained Actuals versus Budget variances; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and explained Actuals versus Budget variances; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Trained C&A personnel on restructuring expense cash reporting process; - Coordinated with C&A personnel to reconcile professional fee escrow account; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases

06/02/06

6.9

06/05/06

10.1

06/06/06

13.2

Page 93 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/07/06

HOURS 11.4

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A personnel to reconcile professional fee escrow account; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases

06/08/06

12.2

06/12/06

10.5

Page 94 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/13/06

HOURS 10.8

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Analyzed and reviewed with Lazard C&A's accounts receivable balance forecast reasonableness; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Analyzed and reviewed with Lazard C&A's accounts receivable balance forecast reasonableness; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases

06/14/06

12.6

06/15/06

12.1

Page 95 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/16/06

HOURS 7.1

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases

06/19/06

11.2

06/20/06

12.4

Page 96 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/21/06

HOURS 11.8

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Refining of Cash Flow Model and supporting databases

06/22/06

12.8

06/23/06

6.9

Page 97 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/26/06

HOURS 11.5

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Analyzed and reported financial information for Monthly DIP Reporting Package; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Analyzed accounts receivable balances to assess customer's compliance with payment terms; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases

06/27/06

12.7

06/28/06

12.3

Page 98 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 06/29/06

HOURS 12.8

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model; - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts; - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups; - Recorded daily cash disbursements and receipts; - Refining of Cash Flow Model and supporting databases

06/30/06

6.8

TOTAL

230.5

Page 99 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN THE WIND DOWN OF THE FABRICS DIVISION

DATE 06/01/06

HOURS 10.9

DAILY LOG Activities of the day - Overview of the C&A's Fabric business and discussion on assigned responsibility - Prepared EE Count by Month Analysis - Update Asset Sales Proceeds CF schedule Activities of the day - Updated Asset Sales Proceeds CF schedule - Summarized Sales Proceeds Cash Flow estimates in Cash Flow Model - Reviewed Toyota Lift Fleet analyses prepares by C&A - Revised EE Count by Monthly Analysis Activities of the day - Created Lease Master database for cure cost calculation and requested respective C&A managers for information - Followed up with Sharon on Asset Sales filings - Reviewed bids from third party agents for asset sales - Phone call to discuss Toyota truck overtime charge Activities of the day - Followed up with C&A counterparties to create the lease master database for cure cost calculation - Reviewed and revised bids for auction sale - Discussed with lawyer and respective C&A counterparties on Toyota truck overtime charge Activities of the day - Followed up with C&A counterparties to complete the lease master database for cure cost calculation - Discussed Textron lease/sale deal - Follow up with C&A counterpart on data related to Toyota truck overtime usage charge and recalculated overtime charge based on C&A info Activities of the day - Followed up with C&A counterparties to complete the lease master database for cure cost calculation - Revised Textron lease/sale deal - Continued working on Toyota truck overtime usage charge

06/02/06

8.0

06/05/06

10.1

06/06/06

11.5

06/07/06

11.1

06/08/06

12.0

Page 100 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN THE WIND DOWN OF THE FABRICS DIVISION

DATE 06/09/06

HOURS 8.0

DAILY LOG Activities of the day - Continue analyzing and revising bids summary for asset sale - Updated Asset Sales tracking report - Revised Asset sales cash flow projection Activities of the day - Follow up with clients on data used to calculate Toyota truck overtime charge - Follow up w/ C&A counterpart and update cash flow actual on asset sales Activities of the day - Continued working on Toyota truck overtime charge recalculated with client - Revised bids summary for asset auctioneer - Updated detailed asset sales cash flow projection with clients Activities of the day - Followed up with C&A counterparties to complete the lease master database for cure cost calculation - Discussed with lawyer and respective C&A counterparties on Toyota truck overtime charge and recalculated overtime charge based on C&A info - Resolve questions related to Toyota over time hours used for overtime charge calculation with clients - Updated on EE Count Analysis Activities of the day - Info gathering on RE lease for cure cost calculation - Finalized Toyota truck overtime charge recalculated - Met with clients on asset sales - Updated on revised bids per Hilco's revised proposal - Followed up on cash flows from asset sales with client - Participated staff meeting Activities of the day - Followed up with C&A and KZC counterpart on Cure cost data collection - Followed up and updated on EE Count Analysis - Continued asset sales discussion with clients to monitor the asset sales process. No hours incurred

06/12/06

8.8

06/13/06

11.5

06/14/06

11.5

06/15/06

11.2

06/16/06

4.2

06/19/06

Page 101 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN THE WIND DOWN OF THE FABRICS DIVISION

DATE 06/20/06

HOURS 8.5

DAILY LOG Activities of the day - Followed up with lawyer on Toyota Lift Fleet overtime charge analysis - Mailed to lawyer SWL RE lease agreement - Drafted and revised Tsusho A/R Global Solution proposal Activities of the day - Followed up Asset Sales and revised asset sales cash flow projection - Participated on conference call related to Textron proposal - Drafted Tsusho A/R Global Solution proposal and worked on revision with Tadd - Revised Textron proposal with Tadd - Reviewed and updated EE reduction schedule with C&A Activities of the day - Follow up on Asset Sales and revised asset sales cash flow projection - Prepared Asset not sold schedule for auction houses - Discussion on Cure Cost approach with KZC colleagues in Troy - Follow up on Cure Cost data gathering - Revised Textron proposal Activities of the day - Follow up on Cure Cost data gathering - Revised Textron proposal Activities of the day - Followed up Asset Sales and revised asset sales cash flow projection - Continued working on Cure Cost data gathering, set up and research in claim admin database - Prepared GECC cash flow model Activities of the day - Followed up Asset Sales and revised asset sales cash flow projection - Continue working on Cure Cost data gathering, set up and research in claim admin database - Prepared and model on GECC cash flow analysis and proposal - Reviewed and finalize Toyota truck overtime charge calculation

06/21/06

10.0

06/22/06

11.3

06/23/06

3.6

06/26/06

11.0

06/27/06

10.9

Page 102 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN THE WIND DOWN OF THE FABRICS DIVISION

DATE 06/28/06

HOURS 10.2

DAILY LOG Activities of the day - Followed up Asset Sales and revised asset sales cash flow projection - Continued working on Cure Cost data gathering, set up and researched in claim admin database - Updated and finalize asset auction bid analysis - Prepared analysis on GECC NPV cash flow proposal updated on EE count summary Activities of the day - Followed up Asset Sales and revised asset sales actual cash flow - Continue working on Cure Cost data gathering, set up and research in claim admin database - Prepare and model on GECC cash flow analysis and proposal Activities of the day - Revised and corrected GECC model to recalculate the buyout value of the leases and performed comparatively analysis on NPV cash flow of the original and proposed new lease agreement - Participated discussion on the revised GECC analysis with C&A counterpart - Participated the conference call with Nomura Investment Banking on potential asset sales, M&A, and follow up with C&A counterparts on questions from Nomura regarding the assets sale listing

06/29/06

8.3

06/30/06

4.8

TOTAL

197.4

Page 103 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SONDRA LAVIN ANALYST PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION

DATE 06/15/06

HOURS 6.5

DAILY LOG Activities for the day included: - Worked on referencing line items from Environmental Claims Analysis-Chip Moore, to the C&A Environmental Claims Analysis created by Dana Frazier - Cross-checked Chip Moore's excel file vs. Dana Frazier's for accuracy Activities for the day included: - Worked on referencing line items from Environmental Claims Analysis-Chip Moore, to the C&A Environmental Claims Analysis created by Dana Frazier - Cross-checked Chip Moore's excel file vs. Dana Frazier's for accuracy

06/16/06

4.5

TOTAL

11.0

Page 104 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 06/01/06

HOURS 9.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

06/02/06

7.0

06/05/06

1.0

06/06/06

1.0

06/08/05

0.5

Page 105 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 06/14/06

HOURS 0.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

06/20/06

10.0

06/21/06

10.0

06/22/06

9.0

06/27/06

0.5

Page 106 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 06/28/06

HOURS 1.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

06/29/06

1.0

06/30/06

1.0

TOTAL

51.5

Page 107 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 KATHLEEN MAHON PARA-PROFESSIONAL

DATE 06/05/06

HOURS 10.5

DAILY LOG Activities during the day included: - Collecting & entering time & expense reports Activities during the day included: - Verify accuracy of expenses submitted Activities during the day included: - Create initial schedules for the monthly invoice Activities during the day included: - Begin gathering data for next monthly invoice Activities during the day included: - Prepared draft invoice Activities during the day included: - Completed processing of final invoice

06/08/06

10.5

06/14/06

9.8

06/19/06

9.3

06/22/06

8.3

06/28/06

8.3

TOTAL

56.7

Page 108 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 SUZANNE MACKAY PARA-PROFESSIONAL

DATE 06/01/06 06/05/06 06/06/06 06/07/06 06/08/06 06/09/06 06/12/06 06/13/06 06/14/06 06/15/06 06/16/06 06/21/06 06/23/06 06/27/06 TOTAL

HOURS 0.4 0.4 0.3 0.6 0.4 0.3 0.4 0.3 0.4 0.4 0.4 0.1 0.1 0.1 4.6

DAILY LOG Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities

Page 109 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION ASSISTING EFFORTS OF THE KZC TOOLING TEAM

DATE 06/19/06

HOURS 8.0

DAILY LOG Activities during the day included: - Was introduced to the KZC tooling team - Set up e-mail account with Kroll Zolfo Cooper - Conference call with Arthur Kaz which included a briefing about my duties - C&A online market research Activities during the day included: - Prepared the hardcopy folders for the 49 different vendors - Began managing vendor contact matrix - Called to confirm correct contact information with vendors - Filed vendors in hardcopy folders - Attended 2 o'clock meeting to discuss tooling team plan of action and short term goals - Revised letters to Paragon Molds and continued revising vendor contact list Activities during the day included: - Retrieved electronic copies of Tooling Vendor invoices - Went Kinko's for Mark Cervi (KZC) to make copies of loan contracts - Continued managing vendor contact matrix along with additional formatting - Copied and filed all vendor responses for C&A's Dale Perryman, Accounts Payable Activities during the day included: - Went to C&A's Dale Perryman, Director Accounts Payable, office to review recently returned vendor letters - Documented and hardcopy filed the newly returned letters. - Went to Kinko's to pick up binders that had been copied for M.Cervi (KZC team) ,sent one of the sets of copies to Chicago. - Retrieved electronic copies of Tooling Vendor invoices - Copied and filed all vendor responses for C&A's Dale Perryman, Director Accounts Payable Activities during the day included: - Translated Tooling Process Flow Charts in Visio File Format - Continued managing vendor contact matrix - Retrieved electronic copies of Tooling Vendor invoices - Copied all vendor responses for C&A's Dale Perryman, Director Accounts Payable

06/20/06

14.0

06/21/06

12.5

06/22/06

8.0

06/23/06

10.0

Page 110 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION ASSISTING EFFORTS OF THE KZC TOOLING TEAM

DATE 06/26/06

HOURS 12.0

DAILY LOG Activities during the day included: - Translated Tooling Process Flow Charts in Visio File Format to prepare for tooling meeting - Continued working on updating the vendor status', both qualitative and quantitative - Electronically filed invoices from the 49 different vendors - Copied all vendor responses for C&A's Dale Perryman, Director Accounts Payable Activities during the day included: - Met with Arthur Kaz and reviewed Tooling Process Flow Charts in Visio File Format - Translated Tooling Process Flow Charts in Visio File Format - Continued managing vendor contact matrix, both qualitative and quantitative - 5 PM Tooling team meeting with J. Boken (KZC,CRO), to discuss Tooling Process Flow - Retrieved electronic copies of Tooling Vendor invoices - Copied all vendor responses for Dale Perryman Activities during the day included: - Continued managing vendor contact matrix, both qualitative and quantitative - Reconciled two claim worksheets for Dana Frasier (KZC) - Retrieved electronic copies of Tooling Vendor invoices - Copied all vendor responses for Dale Perryman - Worked with Pam Curry, C&A Accounts Payable, on the returned unknown invoices Activities during the day included: - Continued working on updating the vendor status', both qualitative and quantitative - Continued reconciling two claim worksheets for Dana Frasier - Retrieved electronic copies of Tooling Vendor invoices, printed them, and filed the hardcopy versions - Copied all vendor responses for C&A's Dale Perryman, Director Accounts Payable

06/27/06

12.0

06/28/06

12.0

06/29/06

12.0

Page 111 of 112

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JUNE 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION ASSISTING EFFORTS OF THE KZC TOOLING TEAM

DATE 06/30/06

HOURS 8.0

DAILY LOG Activities during the day included: - Continued working on updating the vendor status', both qualitative and quantitative - Reconciled two claim worksheets for Dana Frasier KZC team - Retrieved electronic copies of Tooling Vendor invoices, printed them, and filed the hardcopy versions - Copied all vendor responses for C&A's Dale Perryman, Director Accounts Payable - Worked with Pam Curry C&A Accounts Payable on the return unknown invoices

TOTAL

108.5

Page 112 of 112

EXHIBIT C-3 Summary of Hours Billed by Professionals and Para-professionals For the Period from July 1, 2006 through July 31, 2006
Hours July 222.0 178.5 143.0 117.4 173.9 62.0 131.2 181.0 209.9 202.0 198.7 193.0 197.4 194.0 194.9 180.6 3.0 179.8 179.9 189.7 3,331.9 Hourly Rate $685.00 $625.00 $625.00 $510.00 $510.00 $495.00 $495.00 $485.00 $485.00 $485.00 $465.00 $445.00 $445.00 $435.00 $390.00 $380.00 $375.00 $350.00 $325.00 $325.00 Compensation July $152,070.00 111,562.50 89,375.00 59,874.00 88,689.00 30,690.00 64,944.00 87,785.00 101,801.50 97,970.00 92,395.50 85,885.00 87,843.00 84,390.00 76,011.00 68,628.00 1,125.00 62,930.00 58,467.50 61,652.50 1,564,088.50

Professional John Boken William Murphy David Orlofsky Bret Fernandes Mark Lymbery Richard Mizak Daniel Kerrigan Arthur Kaz John Sharpe Lee Smith Lyle Potash Tadd Crane Mark Cervi Dana Frazier Julie Black Puneet Agrawal Elizabeth Kardos Scott Martinez Christopher Yi Leane Guo Total for Professionals Para-professional Laurie Verry Anita Singh Alicia Englund Kathleen Mahon Suzanne Mackay Kyle Caress Total for Para-professionals Total for Professionals & Para-professionals

2.5 2.0 8.5 54.0 8.4 199.1 274.5

$190.00 $80.00 $75.00 $75.00 $75.00 $40.00

475.00 160.00 637.50 4,050.00 630.00 7,964.00 13,916.50

3,606.4

$1,578,005.00

K&E 11262007.3

Summary of Expenses and Other Fees For the Period from July 1, 2006 through July 31, 2006
July $158,213.02 15,861.52 4,102.81 79.64 292.00 68.00 67.80 9.10 $178,693.89

Travel and Lodging Meals Telephone Direct Costs Fax Charges-In Fax Charges-Out Photocopies Postage Total Expenses and Other Fees

K&E 11262007.3

Invoices for the Period July 1, 2006 through July 31, 2006 (See Attached)

K&E 11262007.3

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/01/06

HOURS 2.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Outlining of comments on draft affidavit re: intercompany accounting - Revising of action plan for supporting claims against C&A Europe - Review of analysis re: Hermosillo operations and pricing Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of updated analyses re: labor opportunities and alternatives - Review of outstanding pre-petition A/R and alleged OEM offset claims - Outlining of action plan for resolving Fabrics wind-down issues - Preparation of update re: status of various asset sale projects - Updating of KZC objectives and action plans for week of 07/03/06 Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of materials re: proposed C&A strategy for DCX pricing - Participation in conference calls re: DCX strategy and pricing - Phone call with K&E and GC re: resin supply strategy and issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues No hours Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: terms of proposed amendment to DIP financing - Conference call re: cost of hedging energy expense - Participation in C&A senior management meeting - Phone call with Administrator re: C&A Europe and claims issues - Conference call re: labor issues and requirements for negotiations - Meeting re: proposed resin supply agreement and counterparty issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

07/02/06

2.0

07/03/06

4.0

07/04/06 07/05/06

8.0

Page 1 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/06/06

HOURS 14.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review and sign-off on updated 13-week cash flow forecast - Addressing of Committee questions re: proposed DIP amendment - Preparation for meeting with Toyota re: update on POR process - Meeting with CEO, CFO and EVP - Commercial re: operations - Participation in meeting with Toyota re: POR update and timeline - Conference call with Committee advisors re: C&A Europe claims - Phone call re: proposed resolution of issues relating to Fabrics - Conference call re: proposed DIP amendment and outstanding issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of revised bids from potential POR sponsors - Conference call re: revised bids from potential POR sponsors - Phone calls with various parties re: clarifications on submitted bids - Addressing of issues re: labor / CBA restructuring standards - Meeting re: status of claims analysis and estimation process - Planning for negotiations with potential POR sponsor and secureds - Review of information re: additional plants considered for closure - Meeting with CFO and EVP - Commercial re: issues with Ford - Meeting with Ford representatives re: POR status and timeline - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Phone calls re: planning for 07/10/06 POR meetings in NY - Phone call with GECC advisors re: Hermosillo information needs - Phone call with potential POR sponsor re: bid / term sheet comments Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Revising of draft of KZC Third Interim Fee Application - Preparation for 07/10/06 POR meetings with principals - Review of prior proposals re: exit financing - Review of updated draft purchase commitment and overbid procedures - Updating of KZC objectives and action plans for week of 07/10/06

07/07/06

10.0

07/08/06

2.0

07/09/06

2.0

Page 2 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/10/06

HOURS 14.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for POR meetings with potential POR sponsor and lenders - Meeting with K&E re: strategy for POR meetings and negotiations - Participation in POR negotiation meetings with principal parties - Review of contemplated rights offering structure and allocation - Review of draft POR sources and uses analysis - Conference call with KPMG re: requirements to proceed with audit - Phone calls re: status of various KZC projects - Meeting with CEO re: POR alternatives and expectations - Assistance in resolving due diligence questions of potential investor - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Outlining of proposal for treatment of secured claims - Meeting with Committee professionals re: POR negotiations - Meeting with Secured Lenders re: alternative POR treatment - Meeting with potential POR sponsor re: treatment of secured claims - Participation in POR negotiation meetings with principals - Discussion re: disclosure statement responsibilities and timeline - Preparation of agenda and materials for 07/12/06 C&A Board call - Participation in conference call with C&A Restructuring Committee - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone calls with potential POR sponsor re: POR negotiation issues - Phone call with CFO re: operating performance concerns - Phone call re: status of Fabrics wind down and asset liquidation - Conference call re: strategy for continuation of POR negotiations - Phone calls re: pension plan contribution due 07/14/06 - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

07/11/06

12.0

07/12/06

12.0

Page 3 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/13/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for potential testimony at hearing re: exclusivity extension - Assigning of disclosure statement drafting responsibilities - Phone call with advisors to Secured Lenders re: POR strategy - Attendance at hearing on exclusivity and other matters - Phone calls re: GECC actions at exclusivity hearing - Phone call with Board Chairman re: POR issues and alternatives - Meeting re: Williamston sale process, issues and action plan - Conference call on settlement alternatives re: Karmann litigation - Discussion with CFO re: preliminary June results and implications - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call re: resolution of issue relating to required pension payment - Revising of draft letter to GECC re: confidentiality issues - Phone call with potential POR sponsor re: plan for POR meetings - Phone call with advisors to Secured Lenders re: plan for POR mtgs - Participation in update call with GM representatives re: POR process - Meeting with CEO, CFO and Controller re: preliminary June results - Review of outline re: status of supporting claims against C&A Europe - Assessment of implications of operating performance on POR process - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Preparation for 07/17/06 POR meetings with principals - Phone calls re: GECC issues and potential settlement alternatives - Updating of KZC objectives and action plans for week of 07/17/06 No hours

07/14/06

10.0

07/15/06

2.0

07/16/06

Page 4 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/17/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for POR meetings with potential POR sponsor and lenders - Meeting with Secured Lenders re: June operating results and issues - Participation in POR negotiation meetings with principal parties - Phone call with GC re: status of proposed resin supply agreement - Conference call re: estimates for admin, secured and priority claims - Phone call with GECC re: 07/13/06 hearing and 07/14/06 letter - Debrief meeting with Secured Lenders re: revised POR strategy - Outlining of action plan for pursuit of Secured Lender-sponsored POR - Meeting with Lazard to discuss potential exit financing issues - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of detailed information re: June operating results - Preparation of agenda and materials for 07/19/06 C&A Board call - Conference call with K&E, Lazard re: POR term sheet - Addressing of issues re: oversight of tooling operations - Conference call with BBK customer group re: POR update - Meeting with CEO and CFO re: need for revised 2006 Plastics forecast - Conference call with Committee advisors re: POR update - Phone call with GECC re: strategy for proceeding with negotiations - Participation in conference call with C&A Restructuring Committee - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review and revising of draft affidavit in support of 1113 / 1114 motion - Phone call re: tooling issue with C&A Europe and IACG - Phone call with potential POR investor re: POR valuation issues - Phone call with EVP - Commercial re: update on DCX opportunity - Conference call re: POR term sheet from Secured Lenders - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Conference call re: recoveries under Secured Lender POR term sheet - Preparation for and participation in C&A Board conference call - Providing guidance to K&E and KZC professionals on various issues

07/18/06

12.0

07/19/06

12.0

Page 5 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/20/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with CEO re: Plastics personnel changes and timing - Participation in C&A senior management meeting - Phone call with advisor to GM re: POR status update and timeline - Meeting with CFO and Controller re: Plastics performance issues - Participation in Plastics plant operations review - Conference call re: strategy for proceeding with GECC negotiations - Review of preliminary analysis of Plastics as stand-alone operation - Revising of draft of KZC Third Interim Fee Application - Working session with C&A management re: revising of 2006 forecast - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: substance of tooling issue with C&A Europe / IACG - Participation in Plastics reforecast meeting with C&A management - Conference call re: estimates for admin, secured and priority claims - Meeting re: finalizing of lease restructuring proposal to GECC - Conference call re: status of labor analyses and 1113 / 1114 strategy - Addressing of due diligence questions of potential POR investor - Meeting re: action plan for addressing open items on disclosure stmt - Phone call with K&E re: strategy for maintaining POR alternatives - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues No hours Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Review of updated information re: labor cost issues and strategy - Assessment of alternatives re: lease extension for St. Louis plant - Updating of KZC objectives and action plans for week of 07/24/06

07/21/06

10.0

07/22/06 07/23/06

4.0

Page 6 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/24/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Assessment of proposed resolution of dispute with Brown Corporation - Coordination of Plastics plant visits by advisors to Secured Lenders - Meeting re: need for revising of cash forecasts through 12/31/06 - Participation in conference call with Plastics plants re: 2006 reforecast - Review of updated estimates for admin, secured and priority claims - Meeting re: open items relating to claims against C&A Europe - Meeting with Restructuring Committee members re: reforecast issues - Meeting re: status of tooling operations and cost recovery efforts - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting with CEO, CFO and Restructuring Committee members - Review of analyses re: potential reconfigurations of Plastics operation - Meeting re: presentation of pricing analysis on Hermosillo programs - Conference call with Committee re: update on operations and POR - Phone call with GC re: completion of MOBIS transaction - Meeting re: strategy for ongoing POR discussions with customers - Revising of notice to DIP lenders re: deferral of pension contribution - Meeting with CFO and Controller re: detailed review of Plastics results - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: status of preparation of C&A Europe claim forms - Conference call re: Committee comments to POR term sheet - Phone call with potential POR investor re: operations update - Meeting with advisors to Secured Lenders re: adequate protection - Phone call with K&E re: PBGC issues and information requirements - Conference call with BBK customer group re: POR update - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

07/25/06

8.0

07/26/06

12.0

Page 7 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/27/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with Administrator re: action plan for documenting claims - Assessment of issues re: suspension of adequate protection pymts - Phone call with GC re: update on resin supply agreement - Phone call re: status of various asset sale transactions - Phone call re: Mayco Plastics situation and potential C&A opportunity - Review and sign-off on C&A lease restructuring proposal to GECC - Conference call re: cash flow, liquidity and adequate protection pymts - Conference call with agent and advisors to Secured Lenders - Phone call with EVP - Commercial re: addressing OEM POR issues - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of risk / benefits of suspension of adequate protection pymts - Outlining of strategy for resolving adequate protection pymt issues - Phone call re: status of outstanding disclosure statement items - Phone call with K&E re: POR term sheet comments and issues - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Phone call with EVP - Commercial re: DCX issues and concerns - Phone calls re: call between DCX, C&A and potential POR investor - Updating of KZC objectives and action plans for week of 07/31/06 - Providing guidance to K&E and KZC professionals on various issues No hours No hours

07/28/06

8.0

07/29/06 07/30/06

Page 8 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 07/31/06

HOURS 8.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call re: Plastics performance and personnel issues - Phone call with EVP - Commercial re: communications with DCX - Participation in C&A senior management meeting via conference call - Assessment of alternatives for resolution of Karmann litigation - Phone call with CEO re: Plastics restructuring considerations - Review and revising of draft presentation re: C&A Europe claims - Phone call re: Secured Lender / Committee POR negotiations - Review of updated POR term sheet and outlining of comments - Phone call re: status of 2006 reforecast process - Providing guidance to K&E and KZC professionals on various issues

TOTAL

222.0

Page 9 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/03/06

HOURS 5.0

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment follow up - 13 week cash flow forecast analysis for 7-5-06 DIP reporting - International claim process follow up Activities during the day included: - DIP amendment follow up - Forecast model analysis - International claim process conference calls Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf call with UCC advisors re DIP amendment questions - DIP amendment discussions with K&E - Forecast model analysis - 13 week cash flow forecast analysis for 7-5-06 DIP reporting - DIP amendment conf calls with JPM and with Capstone Activities during the day included: - Conf call with UCC advisors re DIP amendment questions - DIP amendment discussions with K&E - Forecast model analysis - Discuss 13 week cash flow forecast analysis for 7-5-06 DIP reporting with Capstone Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment follow up - Forecast model analysis - International claim process follow up

07/04/06

2.0

07/05/06

6.0

07/06/06

4.0

07/07/06

4.0

Page 10 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/10/06

HOURS 11.9

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - DIP amendment analysis for Hearing prep - Discuss SRR follow-up items with MA Wright - Tooling cash flow status analysis - Nissan AR documentation review - Forecast model analysis - International affidavit draft Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Capstone due diligence questions follow up - Cap Ex cash flow meeting - BBK questions follow up re DIP amendment - June preliminary results analysis - Nissan AR balance analysis - Forecast model analysis - International intercompany claim affidavit draft Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Review revised AR roll forward - Prep for UCC call re International update - Meeting re reply to DCC with T Trenary, Tinney and Chadwick - Analysis of impact on 4+8 based on June preliminary results - Forecast model analysis - International intercompany claim documentation analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of impact on 4+8 based on June preliminary results - Forecast model analysis - Analysis for testimony supporting the Exclusivity hearing

07/11/06

14.2

07/12/06

12.7

07/13/06

3.5

Page 11 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/14/06

HOURS 8.5

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Capstone due diligence questions follow up - Conference call re Europe tooling matter - Follow up re various constituent advisor information requests - Evaluated GECC AR securitization payoff alternatives - Tooling status update - Forecast model analysis - International intercompany claim documentation analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow meeting with MA Wright and Trenary - Tel call with Melissa Roman re borrowing base certificate - Follow up re various constituent advisor information requests - Follow up re Tooling AR and GECC issues - International intercompany claim documentation analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - June draft variance report to 4+8 forecast - Discussed GECC AR securitization payoff alternatives with K&E - Follow up re various constituent advisor information requests - Tooling meeting re status update report - International intercompany claim documentation analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR collections follow up - Follow up re various constituent advisor information requests - Tooling meeting re status update report - International intercompany claim documentation analysis

07/17/06

8.1

07/18/06

10.4

07/19/06

9.7

Page 12 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/20/06

HOURS 13.3

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR collections follow up - Meeting regarding balance sheet analysis and forecast - Analysis of Honda AR issues - Follow-up re 3rd party interest in TEG operations - Analysis of certain program tooling receipts and disbursements forecast - Follow up re various constituent advisor information requests - Asset sales review - International intercompany claim documentation analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Borne Tooling matter follow-up and meeting with Commercial Group re next steps - International claim follow up - OE communications re meetings next week - Follow up re various constituent advisor information requests - Vendor call with D Perryman re deposit - GECC AR securitization loan follow up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Follow up re payment of Pension Trust pre-petition request - Analysis of cash flow forecast based on revised 2006 forecast - Assist coordination of Capstone plant visits - Review draft of Honda Settlement Proposal and draft comments - Analysis of vendor terms / liquidity summary by vendor - International claim affidavit review Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - Pre-petitions AR follow up - Environmental insurance recovery status and next steps conf call - International claim documentation review

07/21/06

8.2

07/24/06

11.9

07/25/06

8.5

Page 13 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/26/06

HOURS 10.2

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - Pre-petitions AR follow up - POR update conf call with OE advisors - International claim process update Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - Short term cash flow analysis - Cap Ex cash flow meeting - Tooling update meeting - Meeting with Capstone re cash flow forecast - Meeting with T Trenary are cash flow forecast - International claim documentation review Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - Short term cash flow analysis - Conf call with K&E re liquidity and next steps with Lenders - Tooling update meeting - Meeting with Capstone re cash flow forecast - Meeting with T Trenary are cash flow forecast - International claim documentation review Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - Plastics liquidity meeting - GECC AR securitization payoff follow up - Tooling update meeting - Follow up with Capstone re cash flow forecast - International claim documentation review

07/27/06

13.8

07/28/06

8.4

07/31/06

4.2

TOTAL

178.5

Page 14 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 07/05/06

HOURS 8.0

DAILY LOG Activities during the day included: - Call with Carson Fischer regarding customer avoidance actions - Call with GECC regarding lease counter proposal - Call with potential investor regarding POR Term Sheet - Call with Kirkland and Lazard regarding investor bids Activities during the day included: - Call with Capstone, Alvarez and Chanin regarding the Fabrics wind down - Call with Kirkland, Lazard and the General Counsel regarding potential investor bids - Call with Giuliani regarding Hermosillo - Meeting with GECC regarding equipment and Hermosillo lease issues Activities during the day included: - Call with Kirkland, Lazard and General Counsel to review potential investor bids and term sheets - Call with potential investor and Lazard regarding the bidding process - Call with potential investor and Lazard regarding Plastics financial performance - Call with Lazard and Kirkland regarding the bidding process - Reviewed Plastics stand alone financial projections 2006 - 2010 Activities during the day included: - Reviewed recovery analysis based on investor term sheets - Reviewed stand alone Plastics income statement forecast - Meeting with the potential investor regarding POR term sheet - Meeting with Bank Steering Committee regarding the POR term sheet - Call with Carson Fischer regarding avoidance actions Activities during the day included: - Reviewed analysis of proposed POR capital structure - Meeting with the bank steering committee regarding proposal from a potential investor - Call with a potential investor regarding due diligence request and management meeting - Call with Plastics personnel regarding the June results - Call with Fabrics management to discuss status of the wind down - Call with Gordon Brothers regarding the status of their retention

07/06/06

8.0

07/07/06

9.5

07/10/06

12.0

07/11/06

12.0

Page 15 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 07/12/06

HOURS 10.0

DAILY LOG Activities during the day included: - Management presentation meetings for a potential investor to discuss the business plan, Plastics operations, purchasing and financial projections - Reviewed claims analysis - Call with a potential investor regarding a rights offering Activities during the day included: - Prepared for and attended the Exclusivity hearing - Call with Fabrics management, Alvarez, Chanin, Capstone, Kirkland and Akin regarding the status of the Fabrics wind down - Reviewed GECC lease proposal Activities during the day included: - Call with a potential investor regarding their POR term sheet and status update Activities during the day included: - Meeting with Bank Steering Committee, Capstone and Wachtell regarding POR Term Sheet and alternatives - Meeting with potential investor regarding POR Term Sheet - Meeting with Lazard and Kirkland regarding POR Term Sheet and POR options - Call with Gordon Brothers regarding the retention Activities during the day included: - Call with Gordon Brothers regarding their retention - Call with general counsel regarding personnel issues - Call with the CFO, Controller, EVP of Commercial and potential investor regarding June results and relationship with OEMs - Call with valuation firms regarding Fresh Start valuation - Call with a potential investor regarding sale of Plastics as a standalone Activities during the day included: - Call with Wachtell and Capstone regarding the POR Term Sheet - Call with CFO, CEO and potential investor regarding June results - Call with CFO and Capstone regarding June results - Call with Gordon Brothers regarding their retention - Reviewed bank POR term sheet

07/13/06

8.0

07/14/06

1.0

07/17/06

9.0

07/18/06

4.5

07/19/06

9.0

Page 16 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 07/20/06

HOURS 5.0

DAILY LOG Activities during the day included: - Call with Lazard regarding due diligence for potential investor - Call with Kirkland regarding GECC issues - Call with GECC regarding counterproposal - Call with a potential investor regarding POR term sheet Activities during the day included: - Call with Lazard and potential investor regarding due diligence and Plastics - Call with CFO regarding financial projections, investor due diligence and personnel issues - Call with Kirkland regarding GECC - Reviewed GECC lease counterproposal - Call with Capstone regarding plant visits - Call with a potential investor regarding a rights offering Activities during the day included: - Calls with the General Counsel and Kirkland regarding GECC - Call with a potential investor regarding a Rights Offering and management changes - Call with Lazard regarding due diligence for potential investor Activities during the day included: - Call with UCC, Akin, Alvarez and Chanin regarding operations update - Call with Kirkland, General Counsel regarding GECC settlement offers - Meeting with CFO, CEO regarding Plastics operational issues - Reviewed analysis of Brown settlement proposal - Reviewed analysis of GECC settlement options Activities during the day included: - Call with Kirkland regarding the GECC lease proposal - Meeting with the general counsel regarding personnel issues - Call with a potential investor regarding POR term sheet - Reviewed Hermosillo profitability analysis

07/21/06

4.5

07/24/06

2.0

07/25/06

10.0

07/26/06

10.0

Page 17 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES

DATE 07/27/06

HOURS 9.0

DAILY LOG Activities during the day included: - Call with GECC regarding their counter proposal - Meeting with CFO regarding cash flows and personnel issues - Meeting to discuss plant closures and review related analysis - Call with Kirkland and Lazard regarding cash flows - Call with Kirkland regarding GECC response Activities during the day included: - Reviewed plant profitability analysis - Call with Kirkland and Lazard regarding cash flows - Call with Kirkland, President of Plastics and HR regarding 1113/1114 - Call with Kirkland and the General Counsel regarding GECC counterproposals Activities during the day included: - Call with Kirkland regarding GECC counterproposal - Reviewed plant profitability analysis - Prepared OEM earn out analysis - Call with potential investor regarding POR Term Sheet - Call with President and CFO of Soft Trim regarding Hermosillo profitability - Meeting with interim plant controller candidates

07/28/06

2.5

07/31/06

9.0

TOTAL

143.0

Page 18 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 07/10/06

HOURS 8.3

DAILY LOG Activities during the day included: - Collect and develop Disclosure Statement sections and provide to K&E - Update and distribute Disclosure Statement task list - Model through various values in the recovery analysis to validate Activities during the day included: - Revise recovery model summary based on request from management - Model through intercompany subordination scenarios - Generate claims-based share scenarios to test % held by bonds Activities during the day included: - Track down sources and request certain updates to data input components of the liquidation analysis to be included in the disclosure statement - Review disclosure statement to identify remaining open items - Model through new data into the liquidation analysis Activities during the day included: - Continue to update the liquidation analysis for the disclosure statement - Obtain updated business plan to modify EBITDA-based value allocation in the recovery model Activities during the day included: - Update portions of the balance sheet data on liquidation analysis - Continue to update recovery model for new EBITDA spreads - Update inventory section of the liquidation analysis - Review schedule of claims by type by legal entity Activities during the day included: - Update disclosure statement open issues and task list - Create black-line of liquidation analysis / best interests language in the disclosure statement for K&E - Obtain accounts receivable value estimates under the liquidation scenario - Tooling transition discussions Activities during the day included: - Tooling transition document review and meetings - Introductions to tooling teams - Updates / modifications to the tooling reports - Attempt to develop link from cash rec'd to tooling invoices

07/12/06

10.3

07/13/06

9.8

07/14/06

8.2

07/17/06

10.7

07/18/06

10.6

07/24/06

9.7

Page 19 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 07/25/06

HOURS 11.2

DAILY LOG Activities during the day included: - Continue with tooling transition discussions and document reviews / updates - Facilitate efforts to bill DCX tooling with the program team - Detail review of tooling cash forecast components Activities during the day included: - Continue with tooling transition discussions and document reviews / updates - Update the disclosure statement open item and task list - Discuss liquidation analysis treatment with K&E and consider non-consolidated version Activities during the day included: - Continue with tooling transition discussions and document reviews / updates - Discuss strategy on collecting tooling invoices to DCX Activities during the day included: - Update tooling operations PowerPoint presentation - Weekly tooling operations and accounting meeting - Tooling transition meetings/discussions/reviews - Meet with DCX commercial group to facilitate DCX billing for tooling Activities during the day included: - Update cash team on anticipated tooling-related receipts - Review vendor payment status report and map results to operations report - Produce Ford billing detail in anticipation of commercial issues meeting

07/26/06

10.4

07/27/06

10.7

07/28/06

8.0

07/31/06

9.5

TOTAL

117.4

Page 20 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 07/05/06

HOURS 8.6

DAILY LOG Activities during the day included: - Preparation for, and participation in, conference call re DIP amendment - Discussions with C&A staff re prospective plan sponsor diligence items - Review of plant labor costs and profitability analyses - Discussions with C&A staff re asset sale process - Review recovery model assumptions Activities during the day included: - Prepare certain disclosure statement narrative sections - Discussions with C&A staff re asset sale process - Preparation for, and participation in, call regarding labor negotiations process - Review prospective plan sponsor term sheet Activities during the day included: - Discussions with C&A staff re asset sale process - Review plant profitability data - Review asset sale documents Activities during the day included: - Review business plan update data - Internal discussions re union negotiation process - Analysis of plant profitability data - Review of documents re potential avoidance actions - Internal discussions re plan sponsor requests Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Review business plan update data - Review analysis of estimated cure costs - Discussions with lender advisors re open data requests Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Preparation for, and participation in, meeting re claims estimation update - Review updated open items list, discussions with C&A staff

07/06/06

8.8

07/07/06

2.0

07/10/06

11.0

07/11/06

11.2

07/12/06

10.7

Page 21 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 07/13/06

HOURS 10.1

DAILY LOG Activities during the day included: - Review business plan update data - Review documents related to potential avoidance actions - Review updated open items list, discussions with C&A staff - Internal discussions re upcoming pension funding Activities during the day included: - Preparation for, and participation in, meeting with prospective plant purchaser - Preparation for, and participation in, call regarding labor negotiations process - Review updated recap model - Review documents related to potential avoidance actions - Participate in update meeting re administrative and priority claims Activities during the day included: - Participate in internal meeting re asset sale documents - Review recovery model assumptions - Participate in internal discussions re recovery scenarios - Review preliminary analysis of claims by entity Activities during the day included: - Preparation for, and participation in, meeting re manufacturing cost savings update - Preparation for, and participation in, call regarding labor negotiations process - Discussions with C&A staff re asset sale process - Review plastics standalone scenario Activities during the day included: - Preparation for, and participation in, call regarding union information request - Preparation for, and participation in, meeting re prospective plan sponsor term sheet - Review updated open items list, discussions with C&A staff - Prepare edits of interim fee application Activities during the day included: - Review administrative and priority claims analysis update - Participate in update meeting re administrative and priority claims - Participate in internal meeting re pension funding issues - Internal discussions re business plan update

07/14/06

8.1

07/17/06

4.6

07/18/06

9.3

07/19/06

11.0

07/20/06

10.8

Page 22 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 07/21/06

HOURS 6.3

DAILY LOG Activities during the day included: - Preparation for, and participation in, call regarding union information request - Preparation for, and participation in, meetings regarding labor negotiations process Activities during the day included: - Review updated tax analyses re recap model - Review administrative and priority claims analysis update - Participate in update meeting re administrative and priority claims - Participate in update meeting re labor negotiation strategy Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Review documents related to potential avoidance actions - Review updates to data room re labor negotiations and union information request - Preparation for Evart plant visit Activities during the day included: - Plant visit with senior C&A management, prospective plan sponsor and advisors to prepetition lenders - Participate in business plan update meeting Activities during the day included: - Preparation for, and participation in, call regarding potential avoidance actions - Review documents related to potential avoidance actions - Review Plastics business plan update data Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Review of plant profitability estimates - Internal discussions re plant rationalizations

07/24/06

11.3

07/25/06

11.4

07/26/06

11.2

07/27/06

10.9

07/28/06

5.5

Page 23 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES SUPPORT OF DUE DILIGENCE REQUIREMENTS OF POTENTIAL INVESTORS CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 07/31/06

HOURS 11.1

DAILY LOG Activities during the day included: - Meeting with senior C&A management and potential plant consolidation opportunity - Preparation for, and participation in, discussions with C&A management re Textron lease analysis - Prepare summary of business plan revenue data

TOTAL

173.9

Page 24 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY SUPPORT OF CREDITOR DUE DILIGENCE (HERMOSILLO) ACCUMULATION OF SUPPORTING DOCUMENTATION RE: CLAIMS AGAINST C&A EUROPE

DATE 07/12/06

HOURS 8.2

DAILY LOG Activities during the day included: - Preparation for and participation in conference call with GECC financial advisors re: Hermosillo plant financial information and proposed plant visit - Communications with debtor representatives in Detroit re: Hermosillo plant visit Activities during the day included: - Preparation for Hermosillo plant visit including calls and e-mails with Debtors, Hermosillo finance department personnel, and Giuliani Capital Advisors consultants - Lead Hermosillo plant tour with C&A Hermosillo finance department personnel for the benefit of Giuliani Capital Advisors consultants - Follow-up e-mails and communications with Debtors re: questions raised by Giuliani consultants - Meeting with Giuliani advisors to discuss plant visit Activities during the day included: - Follow-up e-mail communications with Debtor representatives in Detroit - Prepared list of questions from plant tour to send to Debtor representatives in Detroit - Follow-up communications and calls re: plant visit Activities during the day included: - Prepared for intercompany claims support project for European entities - Prepared for and participated in conference calls to analyze intercompany claims Activities during the day included: - Analysis of European intercompany claims, established tracking system - Analysis of European intercompany claims, compiled and began analyzing information on 23 intercompany claims - Analysis of European intercompany claims, compiled supporting data for home office and intercompany charges related to C&A Automotive Trim B.V. Activities during the day included: - Analysis of European intercompany claims, continued to compile supporting data for home office and intercompany charges related to C&A Automotive Trim B.V. - Analysis of European intercompany claims, pulled home office and Troy intercompany claims for 22 entities from accounting system and analyzed output

07/13/06

10.5

07/14/06

8.1

07/26/06

2.0

07/27/06

12.5

07/28/06

8.4

Page 25 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY SUPPORT OF CREDITOR DUE DILIGENCE (HERMOSILLO) ACCUMULATION OF SUPPORTING DOCUMENTATION RE: CLAIMS AGAINST C&A EUROPE

DATE 07/31/06

HOURS 12.3

DAILY LOG Activities during the day included: - Analysis of European intercompany claims, continued to compile supporting data for home office charges in a 6000 line database - Analysis of European intercompany claims, prepared voluminous compilations of data available on each claim in preparation for meeting with administrators

TOTAL

62.0

Page 26 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 07/11/06

HOURS 9.1

DAILY LOG Activities during the day included: - Meetings with Mitsubishi program team - Calls with Carson Fischer re: Reco settlement and tool shipment issues - Meeting with Mike O'Rourke re: Mexico payment issues and Born tooling issues - Meeting with Chris O'Connell re: Born tooling issue - Review tooling funding request presented to DCX Activities during the day included: - Meeting with Bill Murphy to coordinate transition plan and work efforts - Meeting with tooling group to review short term cash requirements - Review tooling cash flow analysis - Calls with Carson Fischer re: Reco settlement discussions - Meeting with operations group re: due diligence related issues - Review response documents to due diligence related issues Activities during the day included: - Participated in non customer funded CapEx review meeting with Tim Trenary - Reviewed revised short term tooling cash requirements - Calls with Carson Fischer re: Reco settlement discussions - Meeting with operations group re: due diligence related issues - Review response documents to due diligence related issues - Meeting purchasing group to deal with various vendor related payment / settlement issues - Prepare for meeting with C&A Born re: tooling / due diligence issues. Activities during the day included: - Calls with Carson Fisher and C&A re: Reco payment/settlement issues - Review and comment on Reco settlement agreement - Attend meeting re: European tooling / settlement discussions with IAC Born - Review detailed tool analysis re: European tooling CD 340 program - Meetings with tooling group re: various settlement / payment issues

07/12/06

10.5

07/13/06

11.6

07/14/06

8.1

Page 27 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 07/17/06

HOURS 11.1

DAILY LOG Activities during the day included: - Review and revise tooling presentation for meeting with senior management - Various discussions with purchasing group re: vendor settlement / payment issues - Calls with Mitsubishi program team re: status and condition of Reco tools - Review and revise tooling process flow charts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions Activities during the day included: - Review and revise tooling presentation for meeting with senior management - Various discussions with purchasing group re: vendor settlement / payment issues - Review and revise tooling process flow charts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions - Review and approve various tooling vendor payment requests Activities during the day included: - Review and revise tooling presentation for meeting with senior management - Various discussions with purchasing group re: vendor settlement / payment issues - Review and revise tooling process flow charts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions - Review and approve various tooling vendor payment requests Activities during the day included: - Various discussions with purchasing group re: vendor settlement / payment issues - Coordinate transition plan and work efforts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions - Review and approve various tooling vendor payment requests

07/18/06

10.3

07/19/06

10.5

07/20/06

10.0

Page 28 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 07/21/06

HOURS 8.0

DAILY LOG Activities during the day included: - Various discussions with purchasing group re: vendor settlement / payment issues - Coordinate transition plan and work efforts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions - Review and approve various tooling vendor payment requests Activities during the day included: - Review and revise tooling presentation for meeting with senior management - Various discussions with purchasing group re: vendor settlement / payment issues - Coordinate transition plan and work efforts - Meeting with T. Woody re: European tooling CD 340 program findings and conclusions - Review and approve various tooling vendor payment requests Activities during the day included: - Review and revise weekly tooling update package - Discussions with Capstone re: tooling update - Meetings to coordinate and transition work efforts and activities - Meeting with Tooling Group re: various vendor issues and other relate matters Activities during the day included: - Review and revise weekly tooling update package - Meeting with M. Ripper to review senior management presentation - Meetings to coordinate and transition work efforts and activities - Meeting with Tooling Group re: various vendor issues and other relate matters - Meeting with Ford program team re: capital repayment tooling funding and other related matters Activities during the day included: - Meeting with M. Ripper and tooling group re: tooling cash flow, one page program summaries and other related matters - Meeting to transition work efforts and other responsibilities - Meeting with project accounting group re: PAS system update - Meeting with T. Woody re: CD 340 settlement issues

07/25/06

9.6

07/26/06

10.2

07/27/06

10.0

07/28/06

8.1

Page 29 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANIEL KERRIGAN DIRECTOR PRIMARY AREA OF RESPONSIBILITY OVERSIGHT OF TOOLING OPERATIONS FORECASTING OF CAPEX, LAUNCH AND TOOLING COSTS MANAGEMENT OF CUSTOMER ADVANCED CAPEX, LAUNCH AND TOOLING FUNDS MANAGEMENT OF PROCESS FOR MONETIZATION OF TOOLING WORKING CAPITAL

DATE 07/31/06

HOURS 4.1

DAILY LOG Activities during the day included: - Discussions with tooling group re: program status, OEM funding, vendor payments and other related issues - Review and revise one page tooling program summaries - Review and comment on revised tooling cash flow - Discussions with tooling purchasing re: vendor settlement issues

TOTAL

131.2

Page 30 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 07/05/06

HOURS 12.4

DAILY LOG Activities during the day included: - Directed efforts to contact C&A Tooling Suppliers who received monies directly from OEM - Worked with Sherry Hollis, C&A cash applications team to understand prototype tooling receipts from GM - Conference call with Jeff Kies regarding Mexican supplier Nugar - Responded to due diligence questions submitted by potential investor Activities during the day included: - Directed efforts to construct summary analysis of tooling program cash flows - Worked with Jerry Folwer GM program team to understand go forward third party tooling spend - Preparation for participating in and following up on Tooling Process flows with Mike Ripper, C&A - Meeting with C&A CEO Frank Macher and others to discuss Tooling group financials and future of TEG facility Activities during the day included: - Conversations with Carson Fischer regarding Reco tool - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts - Supervised construction of insurance liability schedule for Tom Hill, 3rd Avenue - Discussions with C&A Corporate Accounting to determine accounting treatment for Mazda/AAI settlement money Activities during the day included: - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts - Conversations with Carson Fischer regarding Reco tool - Meeting with Veena Lovelace, C&A IT to discuss changes to tooling information systems TMS/ECMS - Worked with Dale Perryman & Liz Davenport of C&A Accounts Payable on preparation of Monthly Operating Report

07/06/06

11.8

07/07/06

8.0

07/10/06

10.5

Page 31 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 07/11/06

HOURS 13.0

DAILY LOG Activities during the day included: - Conversations with Jean Bialokor, C&A Program Management regarding Hallmark tools and status GMX384 PPAP - Conference calls with Chris Grossman, Carson Fischer and C&A purchasing to reach agreement for tool relocation from Pine River Plastics - Meeting with DCX commercial group to discuss open BBK funding requests and potential collectability on older tooling programs - Communication with Carson Fischer regarding Reco Tool and coordination of final payment and delivery of tools Activities during the day included: - Directed efforts to contact C&A Tooling Suppliers who received monies directly from OEM - Communication with Carson Fischer regarding Reco Tool and coordination of final payment and delivery of tools - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts - Worked with Chris O'Connell C&A Tooling Group to prepare near-term cash requirements report Activities during the day included: - Communication with Carson Fischer regarding Reco Tool and coordination of final payment and delivery of tools - Call with Lewis Brewer C&A GST and Milliken credit department to discuss obsolescence claim and threat of supply disruption Activities during the day included: - Communication with Carson Fischer, C&A Accounts Payable and JPM Chase regarding Reco Tool and coordination of final payment and delivery of tools - Preparation for participating in and following up on Tooling Process flows with Mike Ripper, C&A - Meeting with Cash Team to discuss status of DCX tooling and potential billing

07/12/06

10.0

07/13/06

3.5

07/14/06

8.0

Page 32 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 07/17/06

HOURS 11.5

DAILY LOG Activities during the day included: - Review and update of tooling group presentation for senior management - Conversations with Nelson Yanick DCX Commercial manager to discuss opportunities for near-term billings - Preparation for participating in and following up on Tooling Process flows with Mike Ripper, C&A - Facilitated meeting between C&A Treasury and C&A Project Accounting to reconcile book vs bank cash activity in escrow accounts - Assist in the preparation of the KZC quarterly fee application Activities during the day included: - Review and update of tooling group presentation for senior management - Meeting with DCX Commercial team to understand opportunities for near-term billings - Assist in the preparation of the KZC quarterly fee application - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts Activities during the day included: - Review and update of tooling group presentation for senior management - Meeting with David Jachick C&A Treasury to understand tooling cash forecast and reconcile to detail reported by Program Management - Meeting with Cash Team to discuss go-forward requirements for tooling cash actual reporting - Assist in the preparation of the KZC quarterly fee application - Worked with Chris O'Connell C&A Tooling Group to prepare near-term cash requirements report Activities during the day included: - Conversations with Veena Lovelace, C&A IT to discuss enhancements to tooling cash reporting - Directed sweep of segregated Honda tooling monies into general purpose concentration account - Conversations with Angelina Faulkner from Lorro regarding their Chapter 7 case and efforts to recover amounts owed by C&A - Preparation for participating in and following up on weekly tooling accounting issues review meeting

07/18/06

12.6

07/19/06

11.2

07/20/06

12.3

Page 33 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 07/21/06

HOURS 11.2

DAILY LOG Activities during the day included: - Conversations with Carson Fischer regarding Lorro's Chapter 7 case and Lorro's efforts to recover amounts owed by C&A - Constructed statistical analysis of plant level historical financial data and comparison with 4+8 budget - Worked with Rod Robson of Ford Commercial unit to understand C&A tooling invoices and Ford's accounting for unpaid tooling - Communication with Carson Fischer regarding open legal matters including Huron Relief from stay motion and Hallmark demand for payment Activities during the day included: - Preparation for participating in and following up on Tooling Process flows with Mike Ripper, C&A - Work with DCX commercial group to identify status of pre-billed tooling including $21mm of PPAP'ed and Audited tooling - Prepared schedules identifying specific Tooling purchase orders available for near-term billing based on status of PPAP and audit - Directed efforts to construct summary analysis of tooling program cash flows Activities during the day included: - Revised monthly tooling cash flow forecast - Communication with Carson Fischer regarding open legal matters including Toyota Tusho settlement and Huron Relief from stay motion - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts - Communication with Mike Kwiakowski regarding invoices in process for MB tooling Activities during the day included: - Communication with Carson Fischer regarding open legal matters including Toyota Tusho settlement and Huron Relief from stay motion - Directed efforts to reconcile book vs bank activity related to tooling escrow accounts - Communication with Mike Kwiakowski regarding invoices in process for MB tooling - Meeting with Jodie Scottie C&A IT to address technical issues with receivables reporting - Meetings to coordinate transition of responsibilities

07/24/06

9.5

07/25/06

9.5

07/26/06

9.5

Page 34 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ARTHUR KAZ DIRECTOR PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF IN-HOUSE TOOLING OPERATION DEVELOPMENT OF CAPEX, LAUNCH AND TOOLING FORECASTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS IMPLEMENTATION OF ACTION STEPS TO MONETIZE TOOLING WORKING CAPITAL

DATE 07/27/06

HOURS 10.0

DAILY LOG Activities during the day included: - Review and update of tooling group presentation for senior management - Communication with Carson Fischer regarding open legal matters including Toyota Tusho settlement and Huron Relief from stay motion - Communication with Mike Kwiakowski regarding invoices in process for MB tooling - Meetings to coordinate transition of responsibilities Activities during the day included: - Meeting with David Jachick C&A Treasury to understand tooling cash forecast and reconcile to detail reported by Program Management - Preparation for and delivery of presentation to project accounting on development of enhanced financial reports and cash flow analysis - Meetings to coordinate transition of responsibilities

07/28/06

6.5

TOTAL

181.0

Page 35 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 07/05/06

HOURS 12.1

DAILY LOG Activities during the day included: - Coordinating, preparation and consulting in response to certain interested parties inquiries - Provide consultation and support to Lazard and the Company in efforts related to the 4x8 Forecast, specifically balance sheets by business unit and other working capital issues - Review and provide consultation and advise to C&A related to inter-company claims against their European affiliates Activities during the day included: - Review Home Office allocation to determine and advise on potential impact on C&A's intercompany claims against their European affiliates - Provide consultation and support to Lazard and the Company in efforts related to the 4x8 Forecast, specifically balance sheets by business unit and other working capital issues - Coordinate, prepare and consult in response to certain interested parties inquiries Activities during the day included: - Inquire and review certain facts related to "Fold-in-Floor" settlement to provide some perspective on proper accounting treatment - Provide consultation and support to Lazard and the Company in efforts related to the 4x8 Forecast, specifically balance sheets by business unit and other working capital issues - Review and redraft the Affidavit in Support of C&A's Inter-company claims against is European Affiliates - Investigate and provide advise on strategy to eliminate the Fabrics intercompany balances at the completion of the wind down Activities during the day included: - Analysis, advise and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for month of June 2006 - Analysis and other work related to redraft the Affidavit in Support of C&A's Inter-company claims against is European Affiliates - Coordinated, prepared and consulted with advisors to the various stakeholders

07/06/06

12.6

07/07/06

8.0

07/10/06

11.8

Page 36 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 07/11/06

HOURS 12.3

DAILY LOG Activities during the day included: - Analysis, advise and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for the month June 2006 - Analysis and other work related to redraft the Affidavit in Support of C&A's Inter-company claims against is European Affiliates - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analysis, advise and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for June 2006, including discussions with plant and business unit personnel to understand major variances to Forecast - Analysis and other work related to redraft the Affidavit in Support of C&A's Inter-company claims against is European Affiliates - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Analysis, advise and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for June 2006 - Analysis and other work related to review of balance sheets, with focus on understanding impact on working capital - Analysis and other work to support Debtors preparation for hearing related to GE's objection to Debtor's motion for extension of exclusivity Activities during the day included: - Work related to detail review of certain plant financial performance for the periods ended June 2006 - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Analysis and other work related to redraft the Affidavit in Support of C&A's Inter-company claims against is European Affiliates - Coordinated, prepared and consulted with advisors to the various stakeholders

07/12/06

11.9

07/13/06

4.0

07/14/06

8.0

Page 37 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 07/17/06

HOURS 11.2

DAILY LOG Activities during the day included: - Work related to detail review of certain plant financial performance for the periods ended June 2006 - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Review 4th Amendment to the DIP Credit Agreement to determine impact on monthly financial reporting requirements - Coordinated, prepared and consulted with advisors to the various stakeholders Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Analysis and other work related to inter-company funding from US to Canadian and Mexico Activities during the day included: - Analysis and other work related to June reporting, including reporting to US Trustee - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Analyzed, reviewed and other work related to understanding and reporting the reasons for higher than Forecasted material expense for June 2006. Activities during the day included: - Analysis and other work related to June 2006 reporting, including reporting to US Trustee - Analyzed, reviewed, and other work related to accessing financial performance for each business units the periods ended June 2006 - Analyzed, reviewed and other work related to understanding and reporting the reasons for higher than Forecasted material expense for June 2006

07/18/06

12.4

07/19/06

14.2

07/20/06

14.7

Page 38 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 07/21/06

HOURS 8.5

DAILY LOG Activities during the day included: - Analysis and other work related to June 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended June 2006 - Analysis and other work related to bridging actual results for the six months ended June 30, 2006 to the Forecast for the six months ended December 31, 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended June 2006 - Analysis and other work related to June 2006 reporting required under the DIP Credit Facility - Analysis and other work related to bridging actual results for the six months ended June 30, 2006 to the Forecast for the six months ended December 31, 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended June 2006 - Analysis and other work related to June 2006 reporting required under the DIP Credit Facility, including reviewing balance sheet and CapEx to determine impact on working capital and liquidity - Analysis and other work related to bridging actual results for the six months ended June 30, 2006 to the Forecast for the six months ended December 31, 2006 - Coordinating, preparation and consulting with various advisors on various issue

07/24/06

11.3

07/25/06

12.2

Page 39 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 07/26/06

HOURS 12.4

DAILY LOG Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended June 2006 - Analysis and other work related to June 2006 reporting required under the DIP Credit Facility - Analysis and other work related to bridging actual results for the six months ended June 30, 2006 to the Forecast for the six months ended December 31, 2006 - Coordinating, preparation and consulting with various advisors on various issue Activities during the day included: - Participate in plant visit to Guelph with certain members C&A's senior management, Capstone to review plant operations, the 4x8 Forecast, and performance opportunities. Activities during the day included: - Participate in plant visit to Port Huron with certain members C&A's senior management, Capstone to review plant operations, the 4x8 Forecast, and performance opportunities. Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended June 2006 - Analysis and other work related to June 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the periods ended June 2006 - Coordinating, preparation and consulting with various advisors on various issue

07/27/06

10.0

07/28/06

11.2

07/31/06

11.1

TOTAL

209.9

Page 40 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/05/06

HOURS 8.0

DAILY LOG Activities during the day included: - Reviewing the BOS model - Dealing with questions from potential investors - Undertaking an analysis on the profitability of Hermosillo - Reviewing plant closure information Activities during the day included: - Reviewing the BOS model - Dealing with questions from potential investors - Undertaking an analysis on the profitability of Hermosillo - Reviewing a breakdown of forecast revenues in FY 2007 and FY 2008 - Reviewing forecast cap ex spend by the plastics division in FY 2006 Activities during the day included: - Reviewing the BOS model - Building a stand alone plastics financial model - Dealing with questions from potential investors - Reviewing forecast cap ex spend by the plastics division in FY 2006 Activities during the day included: - Reviewing and modifying the BOS model - Preparing for and attending a meeting with the VPO's re: BOS rollout - Building a stand alone plastics financial model - Dealing with questions from potential investors Activities during the day included: - Launching the BOS tool to the pilot plant - Athens - Preparing for and attending a meeting with Drew Crosier re: BOS rollout - Undertaking an analysis on the profitability of Hermosillo - Dealing with questions from potential investors Activities during the day included: - Launching the BOS tool to Columbia - Launching the BOS tool to Sterling Heights - Dealing with questions from Capstone - Dealing with questions from potential investors - Preparing for and attending a meeting with Mary Ann Wright re: an international tooling issue

07/06/06

8.0

07/07/06

8.0

07/10/06

11.5

07/11/06

12.5

07/12/06

12.5

Page 41 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/13/06

HOURS 8.0

DAILY LOG Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing information re: the international tooling issue - Reviewing a profitability analysis on Hermosillo Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing an acquisition proposition with Mary Ann Wright - Attending a meeting re: liquidity of the Company going forward Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing Hermosillo profitability analysis - Preparing for and attending a meeting with T. Trenary re daily operating metrics Activities during the day included: - Preparing for and participating in a meeting with F. Macher and the plastics group to review June 2006 financial performance - Participating in a meeting with a potential investor to go through June financial results - Dealing with questions from Capstone - Dealing with questions from potential investors Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Attending a meeting to review June financial performance by plant

07/17/06

12.5

07/18/06

13.0

07/19/06

13.0

07/20/06

12.5

Page 42 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/21/06

HOURS 9.0

DAILY LOG Activities during the day included: - Dealing with follow up BOS questions from the plants - Attending a meeting with Mary Ann Wright re: international tooling issue - Dealing with questions from Capstone - Dealing with questions from potential investors - Attending a meeting to review June financial performance by plant Activities during the day included: - Dealing with follow up BOS questions from the plants - Preparing a schedule of daily operating metrics Activities during the day included: - Preparing for and attending a meeting with Alvarez re: June financial performance - Attending a meeting with J. Wynalek re: BOS and daily operating metrics - Dealing with questions from Capstone - Preparing weekly flash financial report template for the plastics group Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing weekly flash financial report template - Reviewing a profitability analysis on Hermosillo Activities during the day included: - Setting up the new DOS tool - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing a profitability analysis on Hermosillo Activities during the day included: - Setting up the new DOS tool - Dealing with questions from Capstone - Dealing with questions from potential investors - Preparing for and attending a meeting with attorney's re: plan of reorganization - Reviewing a profitability analysis on Hermosillo

07/23/06

3.0

07/24/06

11.5

07/25/06

13.0

07/26/06

12.5

07/27/06

13.0

Page 43 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/28/06

HOURS 9.0

DAILY LOG Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing weekly flash financial reports submitted by the plants - Preparing for and attending a meeting with T. Trenary re: results of weekly flash reports Activities during the day included: - Launching the DOS - Dealing with questions from Capstone - Dealing with questions from potential investors - Reviewing weekly flash financial reports submitted by the plants - Preparing for and attending a meeting with T. Trenary re: results of weekly flash reports

07/31/06

11.5

TOTAL

202.0

Page 44 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/05/06

HOURS 11.5

DAILY LOG Activities during the day included - Meeting with management to review 13-week cash flow forecast - Review of preliminary actuals results for the prior week - Development of supporting information for 13-week forecast - Analysis of updated CapEx forecast - Analysis of update estimate of Restructuring Costs including discussions with HR Department - Finalize development of 13-week cash flow forecast as required under DIP Agreement Activities during the day included - Development of various information as requested by A&M - Meeting with A&M to review various issues related to 4+8 cash forecast and other cash issues - Telephone call with Capstone re Cash Flow forecast - Analysis of prior week actual cash flows vs. plan, including explanation of variances - Analysis of severance estimates for plants to be closed - Analysis of updated information on environmental costs - Analysis of forecast of pre-petition collections - Update supporting information for cash flow forecast Activities during the day included - Follow-up on information requests from A&M and Capstone - Analysis of proposed GECC lease amendments - Analysis of severance estimates for plants to be closed - Analysis of full 2nd-quarter cash flow to forecast - Meeting with Plastics division personnel re severance - Update supporting information for cash flow forecast Activities during the day included - Analysis of updated Restructuring Costs estimate - Update report on open issues related to cash flow forecast - Analysis of Fabrics wind down forecast - Update support information for cash flow forecast through year-end, including Covenant timing issues

07/06/06

12.5

07/07/06

8.0

07/10/06

11.5

Page 45 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/11/06

HOURS 13.1

DAILY LOG Activities during the day included - Review of preliminary actuals results for the prior week - Development of reconciliation information for 13-week forecast/4+8 Forecast - Analysis of updated CapEx forecast - Update analysis of actual results for second quarter to forecast - Development of presentation for Board meeting Activities during the day included: - Analysis of prior week's actual cash flow results, including explanation of variances - Meeting with B Nawrocki re Restructuring Expenses - Meeting re development of detail accounts receivable roll forward - Development of daily cash flow forecast for remainder of July - Analysis of Fabric's cash flow results for prior week - Update analysis of projected personnel and overhead costs for quarter 3 Activities during the day included: - Discussions with Lazard re tax issues - Update report on open issues related to cash forecast - Review of preliminary payroll report for second quarter - Conference call with Fabrics re status report update - Review of updated position on tax issues Activities during the day included: - Respond to various questions from BBK re cash flow forecast - Prepare package on cash forecast for A&M including assumptions - Analysis of various Tooling and A/R issues for potential collections - Analysis of updated Fabrics wind down forecast - Development of daily cash flow forecast through early-August - Discussions related to pension payment

07/12/06

12.0

07/13/06

4.0

07/14/06

8.0

Page 46 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/17/06

HOURS 11.0

DAILY LOG Activities during the day included - Preparation of information package for OEMs and their advisors re cash flow forecast - Update report on open issues related to cash flow forecast - Update daily cash flow forecast through early-August - Meeting with management re cash reporting for OEM Advisors - Update weekly cash flow forecast through September - Development of template for analysis of third-quarter cash results as compared to forecast Activities during the day included - Review of preliminary actuals results for the prior week - Development of presentation for weekly Board meeting - Meeting with T Trenary re information package for OEM advisors - Meeting with management regarding development of operating reports - Discussions with HR re KERP payments and calculation of benefits within payroll register - Discussions with Capstone re cash flow results for prior week Activities during the day included: - Analysis of prior week's actual cash flow results, including explanation of variances - Meeting with B Nawrocki re Restructuring Expenses - Meeting re review of draft of OEM A/R roll forward - Development of daily cash flow forecast through early August - Analysis of Fabric's cash flow results for prior week - Analysis of update information re Tooling and Tooling escrow Activities during the day included: - Development of report on open receipts and disbursements in cash flow forecast - Review of receivables analysis and DSOs for Top 6 OEMs - Review of updated Tooling analysis, including discussions with D Jachcik re transfer of funds - Conference call with Fabrics division re status update - Telephone call with A&M re cash flow forecast issues - Reconcile cash flows and forecast for Fabrics to prior forecast/actuals

07/18/06

13.3

07/19/06

12.0

07/20/06

10.0

Page 47 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/24/06

HOURS 11.5

DAILY LOG Activities during the day included: - Discussions re current EBITDA forecast - Update report on open issues and follow-up items related to cash flow - Produce report for non-operating receipts for first six months of year - Review of information from Fabrics related to cash flow - Discussions with HR re calculation of benefits costs - Analysis of lease proposal on forklifts for Rantoul facility - Telephone call with SRR re questions on cash flow forecast Activities during the day included: - Analysis of preliminary cash results for prior week - Development of daily cash flow forecast through mid-August under various scenarios and assumptions - Analysis of sales forecast under various scenarios - Discussions with management re cash flow forecast - Update weekly cash flow forecast through September 30 Activities during the day included: - Analysis of preliminary cash results for prior week - Analysis of updated A/R roll forward and DSO report - Discussions with Capstone re cash flow forecast - Update weekly cash flow forecast through year-end - Meeting with CFO and Treasury re cash flow forecast Activities during the day included: - Analysis of cash results for prior week, including explanation of variances - Update development of daily cash flow forecast for the following 4-week period - Analysis of update report from Fabrics re cash results and forecast - Discussions with Capstone re cash flow forecast - Meeting and review of information re Tooling receivables and status of payments - Analysis of updated CapEx budget - Meeting with T Trenary re cash flow forecast

07/25/06

13.3

07/26/06

13.3

07/27/06

14.3

Page 48 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 07/28/06

HOURS 8.0

DAILY LOG Activities during the day included: - Meeting with CFO, corporate and divisional personnel re cash forecast and discussions regarding cash management strategies - Update development of daily cash flow forecast for the following 4-week period - Development of updated information package on cash position for management and Capstone - Analysis of disbursements and payroll by plant for July Activities during the day included: - Development of response to questions from A&M and follow-up meeting to review questions - Review of Flash reports on sales and EBITDA - Meeting with Tooling regarding information request - Review of preliminary actuals results for prior week - Update cash flow forecast for following 2-week, including meeting D Jachcik

07/31/06

11.4

TOTAL

198.7

Page 49 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/05/06

HOURS 10.4

DAILY LOG Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and editing the Fabrics Production forecast - Reading and analyzing the Gordon Brothers retention documents - Reading, editing and analyzing the GECC proposal comparison schedule Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, editing and analyzing the GECC proposal comparison schedule - Preparing for, participating in and following up on weekly conference call with the Lender's and the Creditor 's professionals - Reading and analyzing the asset sales and bid tracking report Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading and analyzing an auction proposal relating to the Fabrics wind down - Participating in and following up on discussion with Gordon Brothers and Sib Capital regarding potential auctions of excess equipment at Westland and Manchester - Participation in discussions with Rick Kibbey regard the sale of equipment at Westland and Manchester Activities during the day included: - Reading, analyzing and editing the EBITDA to Cash Flow reconciliation analysis for the month of June - Reading, analyzing and editing the scenario analysis of potential Textron master lease restructuring - Preparing for, participating in and following up on a meeting with Gerald Jones regarding the status of the Fabrics wind down - Reading and analyzing the raw material purchase plan, the sales forecast and the production plan for the Fabrics wind down - Participation in discussion with Normura Securities regarding the potential sale of Fabrics equipment

07/06/06

10.9

07/07/06

8.3

07/10/06

12.5

Page 50 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/11/06

HOURS 11.5

DAILY LOG Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and editing the EBITDA to Cash Flow reconciliation analysis for the month of June - Preparing for, participating in and following up on call with K&E regarding the Asset Purchase Agreement for the El Paso facility - Preparing for, participating in and following up on a meeting with Gerald Jones and Bryan Glie regarding the June financial statements - Participating in and following up on discussion with Jim Blythe, Tsusho president, regarding the prepetition accounts receivable due to C&A Activities during the day included: - Reading, analyzing and editing the Fabrics collections of AR - Reading, analyzing and editing the EBITDA to Cash Flow reconciliation analysis for the month of June - Preparing for, participating in and following up on call with K&E and Woodbridge regarding the Asset Purchase Agreement for the El Paso facility - Preparing for, participating in and following up on a meeting with Fabrics Management Team regarding the June cash flow performance and status of wind down activities - Reading, editing and editing the revised proposal to Tsusho regarding the settlement of prepetition AR - Participating in Fabrics wind down status review with A&M - Reading, editing and analyzing the GECC excess asset schedule Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and editing the auctioneer bids summary - Participating in and following up on staff meeting regarding roles and responsibilities - Participating in discussions with creditors regarding their questions relating to the wind down cash flow projections - Preparing for, participating in and following up on the resourcing of the Vegas program from Fabrics

07/12/06

12.3

07/13/06

8.5

Page 51 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/17/06

HOURS 10.5

DAILY LOG Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading and analyzing an the Gordon Brothers Agreement - Participating in and following up on discussions with Gerald Jones regarding the status of the wind down of Fabrics - Participating in and following up on discussion with Chip Moore and Marc Carmel regarding the GECC motion to allow C&A to dispose of excess equipment - Preparing for, participating in and following up on negotiations with a potential buyer of weaving machines relating to the wind down of Fabrics - Reading and analyzing the yarn purchasing plan for the remainder of the Fabrics wind down - Participating in discussions with Jeff Kies and Hal Rodgers regarding certain Fabrics equipment that may be transferred to Carpet Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for and participating in a status meeting with Gerald Jones regarding the open items of the Fabrics wind down - Participating in and following up on discussions with the lead candidate to purchase the SWL facility - Preparing for and participating discussions with Guilford regarding the paint roller business - Participating in and following up on weekly Fabrics status call with K&E and C&A management - Reading and analyzing the Fabrics production plan Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Reading, analyzing and comparing two proposals to sell assets at the Westland and Manchester facilities - Participating in and following up on discussions with C&A Carpet senior management regarding potential asset transfers from Fabrics to Carpet - Reading and analyzing the Fabrics Accounts Receivable aging report - Preparing for and participating discussions with Foamex regarding outstanding accounts receivables - Participating in negotiations with Guilford regarding the sale of Paint Roller assets

07/18/06

12.1

07/19/06

11.9

Page 52 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/20/06

HOURS 10.5

DAILY LOG Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for, participating in and following up on weekly creditor call regarding the wind down of Fabrics - Participating in negotiations with Guilford regarding the sale of Paint Roller assets - Participating in discussions with Gerald Jones regarding the status of the production plan and timing of the removal of equipment at the Fabrics facilities - Participating in and following up on the Fabrics Management Team regarding the status of the wind down - Preparing for and participating in discussions with A&M regarding follow-up questions from the Weekly Creditors' Call - Preparing for and participating in discussions with Gordon Brothers regarding their retention Activities during the day included: - Reading and analyzing the changes in the inventory balances for the prior two weeks - Participating in negotiations with Guilford regarding the sale of Paint Roller assets - Preparing for and participating in discussions with Gordon Brothers regarding their retention - Preparing, analyzing and editing the equipment analysis comparing two competing offers to buy the Paint Roller business - Participating in and following up on discussions with Gordon Brothers regarding their retention to sell excess assets due to the Fabrics wind down Activities during the day included: - Participating in negotiations with Guilford regarding the sale of Paint Roller assets - Preparing, analyzing and editing the equipment analysis comparing two competing offers to buy the Paint Roller business - Preparing for, participating in and following up on a discussion with K&E regarding the APA for the SWL facility - Participating in and following up on wind down status update meeting with Gerald Jones - Preparing for, participating in and following up on discussion with K&E and C&A management regarding the GECC negotiations

07/21/06

11.2

07/24/06

10.1

Page 53 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/25/06

HOURS 11.2

DAILY LOG Activities during the day included: - Participating in negotiations with Guilford regarding the sale of Paint Roller assets - Analyzing and editing the comparison of actual and projected employee benefit costs - Preparing for, participating in and following up on discussion with K&E and Dave Orlofsky regarding the GECC negotiations - Participating in negotiations related to the sale of the Paint Roller business - Reading and analyzing the asset listing available for sale by Gordon Brothers - Preparing, analyzing and editing the schedule of the employee benefits at South West Laminates in preparation of the Asset Purchase Agreement Activities during the day included: - Participating in negotiations with regarding the sale of Paint Roller assets - Reading, analyzing and editing the term sheet for a settlement with GECC - Reading and analyzing the production plan for the wind down of Fabrics - Participating in and following up on discussions with Marc Carmel relating to various legal issues regarding Fabrics - Preparing in a Fabrics Status call with Bill Murphy for cash planning purposes - Participating in and following up on discussions with Shawmut regarding the settlement of license agreement waiver - Reading, analyzing and editing the Cash Flows for the Fabrics wind down - Participation in discussion with Chip Moore regarding the Lowell, Mass facility and a strategy to reject the lease and sell the equipment Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections and variance analysis - Preparing for, participating in and following up on a conference call with the financial advisors and lawyers to the Lenders and the Committee - Reading, analyzing and editing the timeline relating to the sale of the Paint Roller business - Participating in and following up on discussion with Gerald Jones regarding the status of the Fabrics wind down

07/26/06

10.9

07/27/06

10.5

Page 54 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF WIND DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 07/28/06

HOURS 9.1

DAILY LOG Activities during the day included: - Reading, analyzing and editing the Fabrics Cash Flow Projections - Preparing for, participating in and following up on a meeting with the Fabrics management team regarding the open issues of the wind down - Participating in and following up on due diligence request from a potential buyer of the El Paso Facility - Reading and analyzing the past due accounts receivable schedule - Preparing for, participating in and following up on discussions with Tsusho regarding outstanding accounts receivable Activities during the day included: - Preparing for, participating in and following up on discussions with Mark Lymbery regarding the C&A liquidation analysis - Participating in discussions regarding the sale of excess equipment at Westland and Manchester with Rick Kibbey and Mick Herter of C&A - Preparing for and participating in discussions with Gordon Brothers regarding their retention to sell excess Fabrics equipment - Reading, analyzing and editing the term sheet for a settlement with GECC - Preparing for, participating in and following up on the Fabrics Management Team regarding the status of the wind down

07/31/06

10.6

TOTAL

193.0

Page 55 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 07/03/06

HOURS 1.0

DAILY LOG Activities during the day included: - Coordination of work efforts with KZC - Planning for following weeks work Activities during the day included: - Calls and emails to contacts at various customers w pre-petition balances - Review and analysis of fabrics receivable collection efforts - Discussion with accounting regarding reconciliation of European claims. - Preparation of Affidavit in support of international claims - JPM BBC preparation and analysis Activities during the day included: - Calls and emails to contacts at various customers w pre-petition balances - Review and analysis of fabrics receivable collection efforts - Discussion with accounting regarding reconciliation of European claims. - Preparation of Affidavit in support of international claims - JPM BBC preparation and analysis Activities during the day included: - Review and update of disclosure statement - Review of Nissan aged AR issues - Preparation of Affidavit in support of international claims Activities during the day included: - Review and analysis of Fabrics division collections - Prepare support for international claims Activities during the day included: - Prepare support for international claims - Coordination of work efforts with KZC - Planning for following weeks work Activities during the day included: - Prepare documentation for International claims - Internal discussion regarding adequate protection arrangement for D&F - Prepare affidavit in support of international claims

07/05/06

10.0

07/06/06

8.0

07/07/06

2.0

07/08/06

2.0

07/09/06

2.0

07/10/06

10.0

Page 56 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 07/11/06

HOURS 13.7

DAILY LOG Activities during the day included: - Research of International claims issues - Discussion with administrators regarding status of international claims - Calls and emails to contacts at various customers w pre-petition balances - Review of status of GECC loan balance - Review and analysis of Fabrics division collections Activities during the day included: - Research of International claims issues - Discussion with administrators regarding status of international claims - Calls and emails to contacts at various customers w pre-petition balances - Review of status of GECC loan balance - Prepare JPM BBC for week ended 7/7/06 Activities during the day included: - Communications with UCC regarding international claims - Discussion regarding changes to JPM BBC - Review JPM BBC with Management and send to JPM - Discussion with AR department regarding AR reconciliations - Review of claims against C&A Holdings AB for to allow closure of Administration Activities during the day included: - Coordination of work efforts with KZC - Planning for following weeks work Activities during the day included: - Discussion with AR group to strategize on collection of small customer AR - Review of international fee's charged to C&A Automotive Trim BV - Reviewed and organized support for international claims - Review and Analyze Data for Month Ended BBC - Finalize and send Month Ended BBC - Review and Analyze AR post petition AR balances and DSO calculation

07/12/06

12.9

07/13/06

11.4

07/14/06

1.0

07/17/06

10.7

Page 57 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 07/18/06

HOURS 12.4

DAILY LOG Activities during the day included: - Discussion with local counsel regarding Magna stipulation - Discussion with GECC Advisors regarding various AR issues - Prepared and Reviewed detail of GM prepetition tooling - Meeting with Capstone regarding prepetition AR - Review and analysis of Fabrics cash receipts Activities during the day included: - Discussion with AR group to strategize on collection of small customer AR - Review of GECC loan balance and discussion regarding payoff - Discussion with plastics group regarding Honda Settlement - Finalize and send Week ending 7-14 BBC - Review JCI detail for purposes of reconciliation Activities during the day included: - Discussion with Valiant regarding terms of possible settlement - Review of C&A's net position against Lorro's - Reviewed status of JCI reconciliation - Review and Analyze AR post petition AR balances and DSO calculation Activities during the day included: - Reviewed and organized support for international claims - Review and Analyze AR post petition AR balances and DSO calculation - Review and Analyze status of GECC loan balance - Review and Analyze status of various prepetition AR balances Activities during the day included: - Reviewed and organized support for international claims - Planned for following weeks work efforts Activities during the day included: - Reviewed and organized support for international claims - Review and Analyze AR post petition AR balances and DSO calculation Activities during the day included: - Discussion with AR group to strategize on collection of small customer AR - Review of status of Honda and Intier AR stipulations. - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues

07/19/06

12.1

07/20/06

10.7

07/21/06

8.0

07/22/06

3.0

07/24/06

9.2

07/25/06

13.9

Page 58 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 07/26/06

HOURS 12.5

DAILY LOG Activities during the day included: - Reviewed and organized support for international claims - Review and Analyze Data for JPM BBC - Finalize and send Month Ended BBC - Review and Analyze AR post petition AR balances and DSO calculation Activities during the day included: - Discussion with AR group to strategize on collection of small customer AR - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues Activities during the day included: - Discussion with AR group to strategize on collection of small customer AR - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues Activities during the day included: - Prepare data to support international claims

07/27/06

13.1

07/28/06

9.0

07/31/06

8.8

TOTAL

197.4

Page 59 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/04/06

HOURS 6.2

DAILY LOG Activities during the day included: - Compare environmental claims file prepared by C&A to updates entered by KZC analyst - Discuss environmental claims with C&A management and KZC team - Update C&A Williamston inventory schedule - Prepare and update claims estimation roll forward and discuss with C&A management Activities during the day included: - Compare environmental claims file prepared by C&A to updates entered by KZC analyst - Discuss environmental claims with C&A management and KZC team - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare and update claims estimation roll forward and discuss with C&A management Activities during the day included: - Discuss environmental claims with C&A management and KZC team - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Post Williamston due diligence items to Intralinks and add new users to Intralinks due diligence site - Prepare and update claims estimation roll forward and discuss with C&A management - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast; discuss results with C&A management Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast; discuss results with C&A management - Update Williamston forecast with latest program level volume assumptions - Discuss cure cost analysis with C&A management and KZC project team

07/05/06

10.7

07/06/06

10.3

07/07/06

8.4

Page 60 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/10/06

HOURS 9.1

DAILY LOG Activities during the day included: - Participate in meetings with employees of a potential buyer for Williamston plant - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast; discuss results with C&A management - Discuss cure cost analysis with C&A management and KZC project team Activities during the day included: - Communicate with Kurtzman Carson re: claims matters - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast; discuss results with C&A management - Discuss cure cost analysis with C&A management and KZC project team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team Activities during the day included: - Discuss HR related matters with respect to potential sale of C&A Williamston - Participate in claims meetings with C&A claims team and certain members of C&A management re: claims estimates and processes - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast - Update Williamston forecast with latest program level volume assumptions - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team Activities during the day included: - Discuss HR related matters with respect to potential sale of C&A Williamston - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team

07/11/06

10.4

07/12/06

10.7

07/13/06

11.8

Page 61 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/14/06

HOURS 8.5

DAILY LOG Activities during the day included: - Communicate with Kurtzman Carson re: claims matters - Participate in meetings with employees of a potential buyer for Williamston plant - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Communicate with Carson Fischer re: certain Williamston due diligence matters - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Prepare and distribute updated Williamston due diligence materials to potential buyers - Discuss certain due diligence requests with Williamston plant personnel Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Post Williamston due diligence items to Intralinks and add new users to Intralinks due diligence site - Prepare for discussion with C&A management regarding change in forecast assumptions - Discuss updated assumptions for Williamston forecast with C&A management - Prepare updates to C&A claims database with relevant information from C&A claims team - Review detail of Williamston construction in progress asset and inventory reports with regard to potential buyer question - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team Activities during the day included: - Participate in meetings with employees of a potential buyer for Williamston plant - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Discuss selling price and other forecast assumptions with potential buyer and C&A plant personnel - Analysis of Williamston plant indirect employee costs; discuss with potential buyer

07/17/06

8.3

07/18/06

8.9

Page 62 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/19/06

HOURS 9.2

DAILY LOG Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Discuss selling price and other forecast assumptions with potential buyer and C&A plant personnel - Analysis of Williamston plant indirect employee costs; discuss with potential buyer Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Discuss C&A benefit expenses with KZC project team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Update Williamston plant forecast for FY 2009 and with latest assumptions; discuss with C&A management, plant controller and KZC project team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Update Williamston plant forecast for FY 2009 and with latest assumptions; discuss with C&A management, plant controller and KZC project team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Update Williamston plant forecast for FY 2009 and with latest assumptions; discuss with C&A management, plant controller and KZC project team

07/20/06

10.9

07/21/06

9.8

07/23/06

6.2

07/24/06

9.5

Page 63 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/25/06

HOURS 9.3

DAILY LOG Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Post Williamston due diligence items to Intralinks and add new users to Intralinks due diligence site - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Update Williamston plant forecast for FY 2009 and with latest assumptions; discuss with C&A management, plant controller and KZC project team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analysis of potential preference vendors and discuss with C&A claims team - Prepare analysis of administrative, secured and priority claims; discuss with C&A management and KZC project team - Meeting with C&A purchasing personnel re: Williamston plant supply agreement Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Post Williamston due diligence items to Intralinks and add new users to Intralinks due diligence site - Prepare list of largest general unsecured claims for C&A claims team - Meet with C&A claims team and certain KZC project team members regarding tooling claims Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team

07/26/06

9.1

07/27/06

9.7

07/28/06

8.5

Page 64 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 07/31/06

HOURS 8.5

DAILY LOG Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team

TOTAL

194.0

Page 65 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 07/05/06

HOURS 10.2

DAILY LOG Activities during the day included: - Revised Plant Tracking Report - Created additional BOS Accounts for Finance Cube information - Moved historical financial information from Finance Cube to BOS Cube - Drafted e-mail to be sent to plants regarding New BOS Template roll-out Activities during the day included: - Prepared for conference call re. plant labor costs - Participated in conference call re. plant labor costs - Revised formulas on BOS Report to agree to BOS Presentation - Removed Cube Analysis formulas and replaced with OutlookSoft formulas in BOS Report Activities during the day included: - Removed Cube Analysis formulas and replaced with OutlookSoft formulas in BOS Report - Updated Pivot Tables and Charts to run off of revised BOS Report data - Created list of BOS IT issues to be addressed - Spoke with M. Lymbery, M. Valerius and M. Leyda re. status of gathering labor information by plant Activities during the day included: - Met with C. Wagner, D. Crosier, R. Kibbey, H. Whiting and L. Smith to discuss roll-out of New BOS Template as well as BOS measures, formulas and definitions - Met with M. Carmel, M. Lymbery and C&A employees to discuss plant labor information - Prepared summary sheet of plant key financial and labor information - Gathered Hermosillo and Saltillo headcount information for C. Vittiglio - Collected June time descriptions

07/06/06

10.0

07/07/06

8.6

07/10/06

14.2

Page 66 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 07/11/06

HOURS 14.5

DAILY LOG Activities during the day included: - Prepared summary sheet of plant key labor information - Prepared for New BOS Template roll-out to Guelph and Port Hope - Participated in conference call with D. Crosier, P. Jossinet, R. Phillips, R. Kerslake and L. Smith to roll-out New BOS Template - Revised BOS PowerPoint, Report and Template based on recommendations from R. Kerslake - Spoke to K. Carlson & D. Sebest re. calculation of Inventory Turnover - Spoke to D. Sebest & L. Smith re. Old BOS System no longer updated - E-mailed BOS Coordinators at Montgomery, Saltillo and Albemarle re. Old BOS System - Prepared June Fee Application cover letter - Collected and formatted June time descriptions Activities during the day included: - Formatted June time descriptions - E-mailed K. Mahon re. revisions to June invoice - Prepared for BOS Template roll-outs - Conf. call with L. Safie, R. Kibbey, L. Smith to roll-out template to Sterling Heights - Conf. call with D. Tinker, M. Van Booven, C. Wagner, L. Smith to roll-out template to Columbia - Spoke to N. Harmon re. status of BOS inputs - Spoke to S. Shoemaker re. Inventory Turnover calculation - Made conditional formatting changes to BOS Report Activities during the day included: - Made conditional formatting changes to BOS Report - Discussed Pivot Chart issues with A. Kaz - Revised BOS Reports to resolve Pivot Chart Issues - Discussed June invoice changes with K. Mahon Activities during the day included: - Revised BOS Reports to resolve Pivot Chart issues - Uploaded June information from Finance Cube to BOS Cube - Discussed June invoice changes with K. Mahon - Discussed 3rd Interim Fee Application with B. Murphy - Reviewed notes from BOS roll-outs - Created BOS calendar of events and future action steps - Revised list of BOS plant contacts

07/12/06

10.5

07/13/06

4.3

07/14/06

8.2

Page 67 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 07/15/06

HOURS 6.6

DAILY LOG Activities during the day included: - Revised 3rd Interim Fee Application - Revised BOS Template, Report and PowerPoint so that all formulas are consistent and agreed upon by VPOs - Revised conditional formatting on BOS Report Activities during the day included: - Reviewed changes to conditional formatting on BOS Report - Updated BOS Pivot Charts - Spoke to M. Goemaer re. information that is no longer uploaded to Old BOS - Ran Plastics inventory turnover ratios for S. Shoemaker - Spoke to C. Weldy at Athens re. where to pull Direct Hours Earned from CMI - Tied Port Hope's BOS Template to BOS Report - Updated BOS Report for Port Hope Activities during the day included: - Conference call with D. Crosier, L. Smith, P. Jossinet and R. Phillips re. follow-up on New BOS Template roll-out - Spoke to N. Harmon and M. Jenkins re. Athens late BOS submissions - Created BOS User IDs - Revised 3rd Interim Fee Application - Updated and reviewed Athens BOS Report - Spoke to E. Levine re. where to pull Direct Labor Hours Earned from CMI Activities during the day included: - Spoke to L. Smith re. creation of Daily Operating System (DOS) Reports in OutlookSoft - Spoke to D. Sebest re. using OutlookSoft to track DOS measures - Created daily IDs in OutlookSoft - Revised 3rd Interim Fee Application - Spoke to N. Harmon re. late May & June BOS inputs Activities during the day included: - Updated Athens BOS Report - Spoke to P. Jossinet re. OutlookSoft BOS technical problem - Prepared for BOS Template roll-out meeting at Sterling Heights - Went to and met with Sterling Heights staff for BOS roll-out - Finalized and mailed the June Fee Application packages

07/17/06

10.0

07/18/06

11.8

07/19/06

11.0

07/20/06

12.5

Page 68 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 07/21/06

HOURS 0.2

DAILY LOG Activities during the day included: - Spoke to D. Tinker re. status of BOS inputs Activities during the day included: - Revised Third Interim Fee Application - Spoke to D. Tinker, M. Ross and G. Hines re. status of BOS inputs - Spoke to D. Sebest re. template set up to default to zero - Updated BOS Report for Columbia, Guelph and Port Hope - Prepared for meeting with VPOs re. status of BOS roll-out Activities during the day included: - Spoke to M. Ross re. BOS inputs and created example for "built to schedule" metrics - Prepared for meeting with VPOs re. status of BOS roll-out - Spoke to D. Sebest re. locking BOS historical data. Locked historical data - Meeting with D. DiSebastian, D. Crosier and L. Smith re. status of BOS roll-out, revision of BOS metrics and clarification of definitions - Added hyperlinks and safety descriptions to BOS Template - Revised BOS PowerPoint, Template and Report per changes discussed in meeting Activities during the day included: - Revised BOS PowerPoint, Template and Report per changes discussed in meeting with VPOs - Spoke to D. Sebest re. saving revised Template to OutlookSoft Library - Made follow-up calls with plants re. inputs - Revised daily to weekly roll up of DOS accounts in OutlookSoft - Updated BOS Report for Columbia - Created DOS Template for data inputs Activities during the day included: - Updated BOS Report for Port Hope - Followed up with G. Hines re. late Sterling Heights BOS inputs - Revised DOS Template - Created DOS Report with trend charts

07/24/06

12.1

07/25/06

13.9

07/26/06

11.1

07/27/06

12.7

Page 69 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 07/28/06

HOURS 12.3

DAILY LOG Activities during the day included: - Spoke to D. Sebest re. saving DOS Template to Company drive - Revised DOS Template - Scheduled BOS roll-out meetings with Gananoque, Scarborough and Mississauga Activities during the day included: - Spoke to and e-mailed L. Smith regarding using BOS to access DOS Template

07/31/06

0.2

TOTAL

194.9

Page 70 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 07/05/06

HOURS 11.5

DAILY LOG Activities during the day included: - Reviewed letter confirmations received from vendors. Corresponded with a number of vendors to follow up on their responses and request invoices - Continued reconciliation of tooling cash against bank and treasury logs. Identified one of the Customers as the largest piece and structured a process for identifying bank cash flows with descriptions using other data sources. Collected all necessary data sources. - Furthered work on one page summaries Activities during the day included: - Worked with project accounting to identify vendors of interest that have not been directly paid by the customer - Worked to address the adjustments double counting issue on the one page summaries - Reviewed letter confirmations received from vendors - Continued the reconciliation of tooling cash against bank and treasury logs Activities during the day included: - Continued reconciliation of tooling cash against bank and treasury logs - Reviewed letter confirmations received from vendors. Began calling vendors who haven't responded to follow-up and request a timeframe for receiving a response Activities during the day included: - Called vendors to progress resolution of direct payment confirmations - Revised some vendor schedules in accordance with feedback and returned for comments - Continued work to reconcile tooling cash to treasury and bank logs. Examined in-depth intercompany funds that may need in the tooling bank account Activities during the day included: - Called vendors to progress resolution of direct payment confirmations. Completed the confirmation for a number of vendors through phone calls. - Structured analysis and prepared for Ford reconciliation meeting - Continued work to reconcile tooling cash to treasury and bank logs

07/06/06

12.5

07/07/06

8.0

07/10/06

11.0

07/11/06

12.5

Page 71 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 07/12/06

HOURS 10.0

DAILY LOG Activities during the day included: - Corresponded with vendors returning calls regarding payment confirmations. Revised some vendor schedules and redistributed for final confirmation - Participated in a Ford reconciliation meeting with project teams and structured an analysis to present to those teams - Continued work to reconcile tooling cash to treasury and bank logs - Met with tooling team to discuss strategy to address high priority initiatives Activities during the day included: - Corresponded with vendors returning calls regarding payment confirmations - Continued work to reconcile tooling cash to treasury and bank logs Activities during the day included: - Corresponded with vendors to follow up regarding payment confirmations - Continued work to reconcile tooling cash to treasury and bank logs - Met with tooling team to discuss status of cash balances and availability for movement Activities during the day included: - Met with Virginia Kopke in project accounting to review issues encountered in performing the tooling cash reconciliation and to identify cash inflows - Continued the reconciliation of the Honda tooling cash. Began process for sweep of cash into appropriate accounts - Conference called with controllers at internal tool shops regarding the status of invoices to vendors Activities during the day included: - Continued the Honda Bank reconciliation and began developing a presentation to substantiate transfer of funds - Discussed the status of vendor payments and accounts receivable and payable with the Ford program team - Met with Mike Ripper and Chris O'Connell to discuss materials to prepare for a meeting with the CEO

07/13/06

2.8

07/14/06

9.5

07/17/06

11.0

07/18/06

12.3

Page 72 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 07/19/06

HOURS 12.0

DAILY LOG Activities during the day included: - Completed Honda bank reconciliation as well as presentation to substantiate the transfer of funds - Met with GM and DCX program team to review status of accounts receivables and payables - Revisited vendor payment status schedules to prioritize follow up calls Activities during the day included: - Met with Leona in treasury to discuss the Honda bank reconciliation, get her verification and discussed her involvement with the reconciliation of the other accounts - Met with Nancy Lafaive in accounts payable to verify a number of payments to Honda vendors - Orchestrated the transfer of funds from the Honda tooling account to treasury - Met with M Ripper, V Lovelace, D Jachick, A Kaz to review uninvoiced commitment figures - Communicated with vendors regarding direct payments and continued to push analysis to completion Activities during the day included: - Met with V. Lovelace and A. Kaz to review information data systems and begin the automation of standard reports such as cash flow forecasting - Began to outline going forward strategic objectives for the tooling group - Called vendors to continue to bring the vendor direct payment analysis to a close Activities during the day included: - Meeting with M. Ripper to review tooling process flows and changes to be made to both the facilities as well as the process - Strategize tooling for the future. Discussed tooling priorities with J. Boken and tooling team - Meeting with M. Ripper to discuss white paper for future of TEG internal tool shop

07/20/06

12.2

07/21/06

8.0

07/24/06

11.3

Page 73 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 07/25/06

HOURS 12.7

DAILY LOG Activities during the day included: - Met with D. Perryman and T. Collins to review hostage payments made to a utility and credit amount to be received - Reviewed database required to produce necessary reports - Discussed the location and allocation of invoices for a number of vendors with the C&A Mexico Controller Activities during the day included: - Reviewed all outstanding initiatives and transition items with tooling team - Met with amarish regarding the status of cash intended to come in the short term from DCX - Reviewed one page summaries and began outlining steps to update the summaries and distribute to the program managers Activities during the day included: - Reviewed all outstanding initiatives and transition items with tooling team - Met with additional C&A program management individuals to introduce the initiatives we will be driving over the next few weeks - Reviewed one page summaries and began outlining steps to update the summaries and distribute to the program managers

07/26/06

12.0

07/27/06

11.3

TOTAL

180.6

Page 74 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ELIZABETH KARDOS MANAGING DIRECTOR PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION

DATE 07/26/06

HOURS 0.5

DAILY LOG Call with Stanfield Capital's counsel regarding disclosures and confidentiality issues. Draft letter to member of Collins & Aikman team leaving firm with regarding to confidentiality obligations. Draft letters to various committees with regard to departure of member of KZC's Collins & Aikman team. Calls and emails with regard to same. Preparation of supplemental affidavit with regard to a member of KZC's Collins & Aikman team leaving the firm to join Stanfield Capital. Calls and emails with regard to same.

07/27/06

0.5

07/28/06

1.0

07/31/06

1.0

TOTAL

3.0

Page 75 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 07/05/06

HOURS 9.1

DAILY LOG Activities during the day included: - Updated the Fabrics wind down cash flow model for last week's actual payments - Developed a budget vs. actual variance analysis and investigated large discrepancies - Work session with Fabrics management regarding production schedules - Work session determining appropriate insurance amounts to be charged to Fabrics Activities during the day included: - Work session with Fabrics employees regarding production schedule - Work session with Fabrics employees regarding hourly payroll, vacation pay and severance - Work session with Fabrics employees regarding direct material purchases Activities during the day included: - Work session with Fabrics employees regarding production schedule - Updated the Fabrics forecast model based upon feedback from Fabrics management - Work session with Fabrics employees regarding direct material purchases - Work session with Fabrics employees regarding SWL's costs Activities during the day included: - Updated the wind down cash model for last week's actuals - Work session with Fabrics employees regarding A/P balances - Reviewed Fabrics draft June financials in order to determine impact to the cash model - Updated the variance analysis for June budget to actual Activities during the day included: - Prepared an EBITDA to Net Cash Flow analysis for the month of June's activity - Work session with Fabrics management regarding EBITDA to Net cash flow analysis - Updated the projections for the Fabrics cash flow model - Determined A/P allocations for various line items in the cash model

07/06/06

9.9

07/07/06

8.0

07/10/06

9.3

07/11/06

10.1

Page 76 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 07/12/06

HOURS 11.9

DAILY LOG Activities during the day included: - Work session with Fabrics employees regarding payroll, vacation and severance amounts for the cash projections - Work session with Fabrics management regarding EBITDA to Net cash flow bridge - Updated the cash flow projections based upon feedback from Fabrics management - Prepared an A/P analysis to allocate outstanding A/P to various line items in the cash flow model Activities during the day included: - Participated in weekly Fabrics update call with the creditors and their advisors - Work session with Fabrics employees regarding collections and the application process - Prepared a revised payroll and severance analysis for the Fabrics wind down Activities during the day included: - Work session with Fabrics employees regarding production schedule - Work session with Fabrics employees regarding direct material purchases - Analyzed Fabrics collections for the first three days of the week Activities during the day included: - Developed an A/P aging for the Fabrics division - Updated the Fabrics collections analysis - Work session with Fabrics employees regarding updated direct materials analysis and shipment schedule - Developed a comparison analysis for last week's vs. this week's production schedule Activities during the day included: - Updated the daily collections for last week's Fabrics activity - Updated the cash flow model with last week's actual disbursements - Prepared an analysis comparing the original Fabrics production plan to the current Fabrics production plan - Updated the cash flow projections

07/13/06

8.2

07/14/06

8.1

07/17/06

9.1

07/18/06

10.3

Page 77 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 07/19/06

HOURS 12.1

DAILY LOG Activities during the day included: - Work session with Fabrics management/employees regarding cash flow projections - Updated the cash flow projections for the Fabrics wind down - Work session with Fabrics employees regarding weekly payroll issues - Analyzed the direct material requirements for the remainder of the wind down period Activities during the day included: - Participated in weekly status update call with the creditors and their advisors - Work session with Fabrics management regarding SWL costs and sales projections - Prepared an analysis comparing the weekly Fabrics cash flow models for the last three weeks - Investigated variances from the cash flow models in order to determine if the assumptions are correct Activities during the day included: - Work session with Fabrics employees regarding collections - Reviewed updated GECC lease settlement proposal - Work session with Fabrics management regarding projected production schedule Activities during the day included: - Work session with Fabrics employees regarding production schedule - Work session with Fabrics employees regarding direct material purchases for the remainder of the wind down period - Work session analyzing benefits variance - Work session with Fabrics employees regarding collections Activities during the day included: - Updated the cash flow model for last week's actuals - Prepared an analysis illustrating the difference between what was charged to Fabrics on a weekly basis vs. what should be charged to Fabrics - Reviewed cash flow variances from budget to actual - Work session with Fabrics management regarding benefits issue

07/20/06

10.5

07/21/06

8.0

07/24/06

9.2

07/25/06

9.9

Page 78 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 07/26/06

HOURS 10.0

DAILY LOG Activities during the day included: - Updated the projections to the Fabrics wind down cash flow model - Developed a budget to actual variance analysis for the first three weeks of July's activity - Work session with Fabrics management regarding cash flow projections - Updated the benefits analysis for the double counting issue Activities during the day included: - Participated in weekly status update call with the creditors and their advisors - Work session with Fabrics management regarding SWL costs and sales projections - Prepared an analysis comparing the weekly Fabrics cash flow models distributed to the creditors - Work session with Fabrics management regarding severance and vacation pay outs Activities during the day included: - Prepared an analysis determining severance amounts owed to hourly employees at Farmville and Roxboro and the timing of those payments - Prepared an analysis determining vacation amounts owed to hourly employees at Roxboro and Farmville and the timing of those payments - Reviewed Fabrics collections for the first three days of this week Activities during the day included: - Work session reviewing revised direct material purchases schedule - Updated the cash flow model for last week's actuals - Analyzed Fabrics collections for last week - Phone conversation with Fabrics management regarding revised severance and vacation payouts

07/27/06

8.9

07/28/06

8.0

07/31/06

9.2

TOTAL

179.8

Page 79 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/05/06

HOURS 5.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Collaborated with Marc Carmel, K&E, and Victoria Reznik, K&E, to identify information needs of Labor Union representatives and general framework of C&A's virtual data room - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Collaborated with Marc Carmel, K&E, and Victoria Reznik, K&E, to identify information needs of Labor Union representatives and general framework of C&A's virtual data room - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Refining of Cash Flow Model and supporting databases

07/06/06

4.1

07/10/06

11.8

Page 80 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/11/06

HOURS 12.7

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Reviewed cash balances and related footnotes included in monthly DIP financials - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Updated C&A virtual data room re: Labor agreement and retiree benefits - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Coordinated with C&A and KZC personnel to reconcile Professional Fees bank balances - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Updated C&A virtual data room re: Labor agreement and retiree benefits - Refining of Cash Flow Model and supporting databases

07/12/06

11.6

07/14/06

8.1

Page 81 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/17/06

HOURS 12.9

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting with BBK re: Honda Tooling reimbursements - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Updated C&A virtual data room re: Labor agreement and retiree benefits - Meeting re: Disposition of C&A entities - Meeting re: Tooling cash receipts - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

07/18/06

12.6

07/19/06

10.4

Page 82 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/20/06

HOURS 12.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Meeting re: Honda Tooling reconciliation - Meeting re: Tooling cash receipts - Meeting with BBK re: Customer terms - Meeting re: Labor Union information request - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Meeting with D. Perryman, C&A, re: Collection of Prepaid/Deposits/Hostage Payments - Meeting re: Labor Union information request - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Statistical analysis of historical data - Refining of Cash Flow Model and supporting databases

07/21/06

7.8

Page 83 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/24/06

HOURS 10.6

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Trained C&A personnel on restructuring reporting - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting with BBK re: customer terms - Meeting re: C&A virtual data room - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed accounts receivable balances to assess customer's compliance with payment terms - Meeting re: Tooling cash receipts - Meeting with Capstone re: AR Roll forward and AR Balance - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

07/25/06

13.2

07/26/06

12.8

Page 84 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/27/06

HOURS 14.4

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Tooling AR and related cash receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with David Jachcik, C&A Director of Global Cash Management, and Dale Perryman, C&A Directory of Treasury Operations, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Collaborated with Marc Carmel, K&E, and Victoria Reznik, K&E, to identify information needs of Labor Union representatives and general framework of C&A's virtual data room - Refining of Cash Flow Model and supporting databases

07/28/06

7.2

Page 85 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 07/31/06

HOURS 12.3

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Developed and analyzed 2005 to 2006 EBITDA Bridge - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

TOTAL

179.9

Page 86 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 07/05/06

HOURS 11.3

DAILY LOG Activities during the day included: - Updated Asset Sales Proceeds CF projection schedule w/ C&A asset sales manager - Drafted Fixed Asset Transfer Procedure proposal - Updated EE count by Month Analysis - Participated in staff meeting - Followed up with Nomura on Confidential Agreement amendment Activities during the day included: - Continued updating EE Count by Month Analysis - Continued revising Asset Sales Proceeds Cash Flow projection and tracking report with C&A counterpart - Requested information on lease payments for cure cost calculation from various C&A counterparts Activities during the day included: - Continued revising Asset Sales Proceeds CF projection schedule - Discussed and continued drafting Fixed Asset Transfer Procedure proposal - Prepared 502B-6 calculation on rejected Fabrics' Real Estate Leases - Followed up with Nomura on status on Asset Sales Activities during the day included: - Discussed and drafted Fixed Asset Transfer Procedure proposal - Researched 502B-6 rule on lease rejection cost calculation - Followed up with Nomura on Confidential Agreement amendment - Continued investigation on Cure Cost, attempted to follow up with various C&A and KZC counterparts Activities during the day included: - Updated new Asset Sales and its respective CF projection - Continued investigation on Cure Cost, attempted to follow up with various C&A and KZC counterpart - Participated in meetings with C&A re. coordination on data collection needed to update weekly cash flow actual and projection models and discussed the possibility and layout of an inventory, production, and sales monitoring report. - Updated the EE count analysis for weekly actual and projected cash flow analysis

07/06/06

10.0

07/07/06

8.0

07/10/06

9.5

07/11/06

10.8

Page 87 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 07/12/06

HOURS 10.2

DAILY LOG Activities during the day included: - Followed up with KZC counterpart and C&A A/P on receiving the correct A/P balances for cure cost estimation - Continued to follow up with various C&A counterparts regarding getting the correct A/P information on leases for cure cost estimation - Prepared Asset Available For Sales list with available dates of sales based on Gordon Brothers request - Updated asset sales cash flow tracking report Activities during the day included: - Prepared and finalized weekly package for Thursday Creditors call - Responded to questions related to asset sales list to Gordon Brothers - Continued to follow up with C&A counterpart on getting the correct information related to cure cost estimation Activities during the day included: - Worked with C&A counterpart on questions related to assets available for sales list from Gordon Brothers - Continued to follow up on C&A pre and post petition A/P balance related to RE leases for Cure Cost Analysis - Followed up with C&A counterpart on reports and format needed to create and prepare the inventory, production, and sales monitoring report Activities during the day included: - Continued discussion on information collection from C&A counterparts to create the inventory, production, sales monitoring report - Reviewed reports provided by C&A counterparts to prepare the inventory, production, and sales monitoring report - Worked with C&A counterparts on solutions to resolve data collection problem and data consistency used to create the inventory, production, and sales monitoring report

07/13/06

8.0

07/14/06

8.0

07/17/06

9.8

Page 88 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 07/18/06

HOURS 12.0

DAILY LOG Activities during the day included: - Followed up with C&A Treasury to verify cash received related to Asset Sales - Updated asset sales tracking report based on input from C&A Counterpart and Fabric bank statement - Revised and reformatted Asset Sales Tracking Summary Report for lawyer - Followed up with Nomara Bank on Confidential Agreement on Fabrics Asset Sales and status on interests in purchasing assets from C&A - Continued to collect information from C&A counterparts to create and prepare the inventory, production, sales monitoring report Activities during the day included: - Continued to collect information from C&A counterparts to create the inventory, production, sales monitoring report. - Discussed with C&A counterparts the feasibility of creating the inventory, production, and sales monitoring report for Fabrics. - Attempted to resolve discrepancy and inconsistency in data gathering related to inventory, production, and sales monitoring report Activities during the day included: - Reviewed various proposals and prepared bid summary analysis by bidders for Manchester Sales. - Discussed with C&A counterpart information gathering and process and procedures of creating an analysis on inventory valuation - Prepared and finalized the weekly package for Thursday's Creditor's call Activities during the day included: - Reviewed new Asset Sales and updated its respective CF projection w/ C&A counterpart - Reviewed Cash Flow models with Scott Martinez - Reviewed C&A inventory analysis in C&A system with C&A counterpart - Followed up with lawyer on Toyota Truck Overtime Charge Report computed by C&A and KZC

07/19/06

11.6

07/20/06

10.4

07/21/06

11.0

Page 89 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 07/24/06

HOURS 9.5

DAILY LOG Activities during the day included: - Reviewed new Asset Sales and updated its respective CF projection w/ C&A counterpart - Review Cash Flow models - Met with Scott Martinez for overview of the cash flow models - Test ran on the actual cash flow model - Revised GECC new proposal calculation and analysis - Discussed with C&A the basis of additional Toyota truck overtime usage related to pre and post petition charges by TMCC - Assisted in preparing new proposal on GECC leases Activities during the day included: - Followed up C&A counterpart on additional Toyota truck overtime usage charge - Prepared and revised inventory value comparison analysis - Reviewed Asset Tracking List for K&E and updated KZC asset tracking report - Revised weekly EE Count analysis with Fabrics H&R manager - Prepared detailed available assets for sale schedules for Fabrics and Paint Roller Business for Gordon Brothers - Prepared weekly folder for Thursday's weekly creditor's call Activities during the day included: - Finalized weekly package for weekly creditors call - Followed up on De Minis Asset Sales filing details with the lawyers - Worked with C&A on creating and preparing analysis report on C&A fabrics weekly inventory value as well as setting up the process on the weekly basis on this report - Reviewed the latest Asset Sales Tracking report provided and prepared by C&A Activities during the day included: - Reviewed Asset Sales Court Filing date provided by lawyers and reconciled this information w/ KZC/C&A asset tracking report - Followed up with C&A Corp Counterparty on asset filing and lawyer to resolve differences in Asset Sales filing - Verified and confirmed details in certain De Minimis Asset Sale court filing documents with lawyers - Reviewed and updated bid summary analysis based on new proposals for Manchester Sale

07/25/06

11.0

07/26/06

10.5

07/27/06

9.7

Page 90 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 07/28/06

HOURS 8.0

DAILY LOG Activities during the day included: - Updated new Asset Sales schedule for GB negotiation - Reviewed Actual weekly Cash Flow model and wind down cash flow projection model - Analyzed collection assumption used in the current A/R collection model and calculated DSO implied in the current cash flow model Activities during the day included: - Reviewed Weekly Actually Cash Flow Model - Updated weekly actual cash flow model based on the various data provided by C&A counterparts - Followed up w/ C&A counterparty and lawyer on updated hours on Toyota Truck usage report for August - Continued updating Bid summary analysis for Manchester asset sales based on the latest proposals from GB - Revised asset sales cash flow projection based on new information from C&A

07/31/06

10.4

TOTAL

189.7

Page 91 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 LAURIE CAPEN VERRY PARA-PROFESSIONAL

DATE 07/28/06

HOURS 1.5

DAILY LOG Activities during the day included: - Drafted and revised supplemental affidavit of relationship disclosure - Sent and responded to various emails with KZC personnel Activities during the day included: - Revised supplemental affidavit of relationship disclosure - Sent and responded to various emails with KZC personnel

07/31/06

1.0

TOTAL

2.5

Page 92 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ANITA SINGH PARA-PROFESSIONAL

DATE 07/26/06

HOURS 0.5

DAILY LOG Activities during the day included: - Coordinated telephone conference re: Court disclosures - Prepared correspondence re: Court disclosure Activities during the day included: - Coordinated telephone conference re: Court disclosures - Prepared correspondence re: Court disclosure Activities during the day included: - Draft and edited correspondence re: Court disclosures - Initiated a conference call re: KZC personnel and Court disclosures

07/27/06

0.5

07/28/06

1.0

TOTAL

2.0

Page 93 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 07/05/06

HOURS 2.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

07/06/05

1.5

07/07/06

0.5

07/11/06

0.5

07/12/06

0.5

Page 94 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 07/17/06

HOURS 0.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

07/18/06

1.0

07/19/06

0.5

07/25/06

0.5

Page 95 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 07/26/06

HOURS 1.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

TOTAL

8.5

Page 96 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 KATHLEEN MAHON PARA-PROFESSIONAL

DATE 07/07/06

HOURS 9.5

DAILY LOG Activities during the day included: - Collecting and entering time and expense reports Activities during the day included: - Verify accuracy of expenses submitted Activities during the day included: - Create initial schedules for monthly invoice Activities during the day included: - Begin gathering data for next monthly invoice Activities during the day included: - Prepared draft invoice Activities during the day included: - Completed processing of final invoice

07/11/06

9.3

07/14/06

9.3

07/19/06

9.3

07/25/06

8.3

07/28/06

8.3

TOTAL

54.0

Page 97 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 SUZANNE MACKAY PARA-PROFESSIONAL

DATE 07/05/06 07/06/06 07/07/06 07/10/06 07/11/06 07/12/06 07/13/06 07/14/06 07/17/06 07/18/06 07/19/06 07/20/06 07/21/06 07/24/06 07/25/06 07/26/06 07/27/06 07/28/06 07/31/06 TOTAL

HOURS 0.2 0.4 0.2 0.1 0.4 0.4 0.5 0.4 0.4 0.5 0.6 0.6 0.4 0.8 0.9 0.4 0.5 0.3 0.4 8.4

DAILY LOG Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities

Page 98 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 7/5/20006

HOURS 11.0

DAILY LOG Activities during the day included: - Compiled an electronic copy of the intercompany notes and reciprocal agreements - Managed vendor letter and invoice schedule status relationships - Typed out file for index purposes for Mark Cervi - Reconciled claim files for Dana Frazier (KZC team) Activities during the day included: - Compiled an electronic copy of the intercompany notes and reciprocal agreements - Reviewed completed file with Dana Frazer (KZC team) - Reconciled claim files for Dana Frazier (KZC team) Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Compiled an electronic copy of the intercompany notes and reciprocal agreements - Reconciled claim files for Dana Frazier (KZC team) - Attended a meeting with the KZC tooling team about the outstanding issues Activities during the day included: - Revised invoice schedule to be sent to HS for confirmation - Compiled intercompany notes that involve North America, in hardcopy form - Reconciled claim files for Dana Frazier (KZC team) Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Spoke with C&A's Pam Curry about pending status of newly received missing invoices - Compiled inter-company notes that involve North America, in hardcopy format Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Spoke with C&A's Pam Curry about pending status of newly received missing invoices - Compiled inter-company notes that involve North America, in electronic format - Made copies of all of the recently returned vendor letters for Dale Perryman's (C&A) files

07/06/06

12.3

07/07/06

8.0

07/10/06

11.0

07/11/06

12.0

07/12/06

13.0

Page 99 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 07/13/06

HOURS 3.0

DAILY LOG Activities during the day included: - Put together letters of representation file hard and soft copy - Compiled inter-company notes that involve North America - Edited qualitative worksheet in the vendor pay-around workbook - Spoke with Ray Vanderkooi and received confirmation that he will send the signed letter of verbal confirmation in the near future Activities during the day included: - Put together letters of representation file (hard and soft copy) - Put together a method of hyper-linking worksheets in a workbook for Julie Black (KZC team) - Revised schedule of invoice status letters to be sent to Tai fung Molds - Wrote a detailed e-mail to Peggy Hsu (Controller of the Asian vendors) re. the outstanding issues with three vendors Activities during the day included: - Compiled an electronic copy of the Europe to Europe notes - Located "relief of stay" PDF file from an online resource - Put together letters of representation file (hard and soft copy) Activities during the day included: - Compiled an electronic copy of the Europe to Europe notes - Edited qualitative worksheet in the vendor pay-around workbook - Put together letters of representation file (hard and soft copy) Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Compiled an electronic copy of the Europe to Europe notes - Re-faxed vendor letter to Cadillac Products incorporated - Re-faxed vendor letter after speaking with Ms. Gupta from Nyx, inc. Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Compiled an electronic copy of the Europe to Europe notes - Edited qualitative worksheet in the vendor pay-around workbook

07/14/06

12.0

07/17/06

9.5

07/18/06

10.5

07/19/06

12.0

07/20/06

11.0

Page 100 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 07/21/06

HOURS 8.0

DAILY LOG Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Compiled an electronic copy of the Europe to Europe notes - Edited quantitative worksheet in the file status workbook - Reviewed issues re whether bib and decks invoices were post-petition Activities during the day included: - Organized the PDF file of compiled Europe to Europe claims - Edited cover memo's for European claims support - Reconciliation of BBK log and bank tooling account Activities during the day included: - Organized the PDF file of compiled Europe to Europe claims - Edited cover memo's for European claims support - Reconciliation of BBK log and bank tooling account - Reviewed the accuracy of the dates of the invoices on file Activities during the day included: - Organized the PDF file of compiled Europe to Europe claims - Edited cover memo's for European claims support - Reconciliation of BBK log and bank tooling account - Edited quantitative worksheet in the file status workbook - Reviewed the accuracy of the dates of the invoices on file Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Edited statement of claims PDF files for European support - Edited quantitative worksheet in the file status workbook - Reviewed the accuracy of the dates of the invoices on file - Filed and input information about vendor status letter returned from Tom Black (HS Die & Engineering) Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Edited statement of claims PDF files for European support - Met with Puneet Agrawal (KZC team) to speak about the current status of the vendors

07/24/06

10.0

07/25/06

11.5

07/26/06

13.0

07/27/06

11.8

07/28/06

8.5

Page 101 of 102

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG JULY 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 07/31/06

HOURS 11.0

DAILY LOG Activities during the day included: - Managed vendor letter and invoice schedule status relationships - Edited statement of claims PDF files for European support - Meeting with the tooling team and Mike Ripper (C&A) about the process flows - Reviewed returned invoices to confirm they are pre-petition

TOTAL

199.1

Page 102 of 102

EXHIBIT C-4 Summary of Hours Billed by Professionals and Para-professionals For the Period from August 1, 2006 through August 31, 2006
Hours August 276.0 193.7 242.5 65.0 126.8 247.7 237.2 164.3 250.5 280.5 236.3 261.3 227.9 218.5 251.5 259.5 3.2 76.5 161.9 255.4 166.5 4,202.7 Hourly Rate $685.00 $625.00 $625.00 $605.00 $565.00 $510.00 $510.00 $495.00 $485.00 $485.00 $465.00 $445.00 $445.00 $435.00 $390.00 $380.00 $375.00 $350.00 $350.00 $325.00 $325.00 Compensation August $189,060.00 121,062.50 151,562.50 39,325.00 71,642.00 126,327.00 120,972.00 81,328.50 121,492.50 136,042.50 109,879.50 116,278.50 101,415.50 95,047.50 98,085.00 98,610.00 1,200.00 26,775.00 56,665.00 83,005.00 54,112.50 1,999,888.00

Professional John Boken William Murphy David Orlofsky Rodney Peckham Charles Carnaval Bret Fernandes Mark Lymbery Richard Mizak John Sharpe Lee Smith Lyle Potash Tadd Crane Mark Cervi Dana Frazier Julie Black Puneet Agrawal Elizabeth Kardos Mark Lubin Scott Martinez Christopher Yi Leane Guo Total for Professionals Para-professional Laurie Verry Anita Singh Alicia Englund Kathleen Mahon Suzanne Mackay Kyle Caress Total for Para-professionals Total for Professionals & Para-professionals

5.5 32.5 11.5 56.1 10.6 218.5 334.7

$190.00 $80.00 $75.00 $75.00 $75.00 $40.00

1,045.00 2,600.00 862.50 4,207.50 795.00 8,740.00 18,250.00

4,537.4

$2,018,138.00

K&E 11262007.3

Summary of Expenses and Other Fees For the Period from August 1, 2006 through August 31, 2006
August $175,975.48 17,674.27 3,349.57 163.40 126.00 24.00 19.20 4.05 $197,335.97

Travel and Lodging Meals Telephone Direct Costs Fax Charges-In Fax Charges-Out Photocopies Postage Total Expenses and Other Fees

2
K&E 11262007.3

Invoices for the Period August 1, 2006 through August 31, 2006 (See Attached)

K&E 11262007.3

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/01/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meetings with Secured Lenders and Committee re: POR issues - Review of analyses re: warrants / rights packages for Committee - Preparation of agenda and materials for 08/02/06 C&A Board call - Meeting re: GECC situation and alternative strategies for resolution - Review of settlement proposal re: Brown Corporation - Phone calls re: Plastics operating performance and reforecast issues - Meeting re: proposed resin supply agreement and counterparty issues - Participation in conference call with C&A Restructuring Committee - Phone calls re: DCX sourcing and subordinated DIP claims - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with CEO, CFO re: adequate protection payment issues - Conference call with OEM representatives re: POR update - Finalizing of supplemental materials for 08/02/06 C&A Board call - Conference call re: status of preparation of C&A Europe claims - Phone call re: issues with proposed Brown Corporation settlement - Phone call with potential POR investor re: operating issues - Conference call re: Karmann / Dura litigation strategy and alternatives - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Meeting with GC re: update on proposed resin supply agreement - Analysis of revised projections re: Convertibles operation - Meeting re: proposed extension of St. Louis facility lease agreement - Meeting with representatives of Administrator re: C&A Europe claims - Conference call re: status of claims reconciliation / estimation process - Update conference call with Committee representatives and advisors - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/02/06

14.0

08/03/06

12.0

Page 1 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/04/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Participation in meeting with CEO re: Mayco situation and opportunity - Phone call re: reimbursement request from potential POR investor - Review of correspondence and materials re: WPCarey leases - Meetings re: revised 2006 Plastics forecast and implications - Review of draft stipulation re: GECC securitization and escrow funds - Meeting with EVP-Commercial re: DCX sourcing issues - Meeting re: St. Louis facility lease proposal and alternative strategies - Meeting re: Hermosillo status and pricing issues - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with advisors to Mayco re: assessment of alternatives - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Analysis of listing of outstanding OEM commercial issues - Updating of KZC objectives and action plans for week of 08/07/06 Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of revised reforecast figures in preparation for 08/07/06 mtg - Analysis of tooling receivables from DCX and Ford - Outlining of strategy for resolving DCX, Ford tooling receivables issues - Updating of POR timeline and action plan for discussion with K&E - Preparation for discussions with Secured Lenders re: interest pymts Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: GECC settlement / mediation alternatives - Outlining of comments to draft stipulation re: GECC securitization - Participation in working session with C&A management re: reforecast - Meeting re: outstanding POR and DS items and timeline - Phone call re: request for suspension of adequate protection pymts - Outlining of issues to address / resolve in OEM settlements - Meeting with CEO re: strategy for OEM settlement negotiations - Phone call with advisors to Secured Lenders re: strategy for DCX mtg - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/05/06

2.0

08/06/06

4.0

08/07/06

12.0

Page 2 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/08/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: estimates for admin and priority claims - Phone call re: Textron leases, equipment value and negotiation issues - Phone call with C&A Board member re: operations / mgmt issues - Conference call with Committee representatives re: St. Louis facility - Conference call re: DS statement drafting responsibilities and timeline - Meeting with CEO, EVP-Commercial re: issues to address with Ford - Phone call with Fabrics wind-down team re: status update and issues - Participation in conference call with C&A Restructuring Committee - Review of action plan to evaluate and assess Mayco opportunity - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Resolution of issues on draft stipulation re: GECC securitization - Meeting re: status of resolution of environmental claim settlement - Addressing of issues re: proposed extension of St. Louis facility lease - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Phone call re: proposed alternatives for WPCarey lease negotiations - Review and revising of presentation materials re: 2006 reforecast - Phone call re: reimbursement request from potential POR investor - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Outlining of issues to be addressed in management mtgs with DCX - Conference call with agent for and advisors to Secured Lenders - Participation in update call re: status of DS drafting responsibilities - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Addressing of issues re: GECC request for Hermosillo site visit - Phone calls with various Secured Lenders re: Plastics operations - Conference call re: Committee 2004 motions and related issues - Review of multi-customer settlement term sheet received from OEMs - Leadership of daily restructuring issues call with K&E and C&A

08/09/06

10.0

08/10/06

4.0

08/11/06

4.0

Page 3 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/12/06

HOURS 2.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Preparation for discussions with Secured Lenders re: interest pymts - Review of reforecast analyses in preparation for 08/14/06 meetings - Updating of KZC objectives and action plans for week of 08/14/06 No hours Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with advisors to Secured Lenders re: OEM earn-out - Phone call with potential POR investor re: July operating results - Participation in update call re: status of DS drafting responsibilities - Meetings re: reforecast analyses and creditor presentation materials - Preparation of outline of issues for discussion with Secured Lenders - Meeting re: updated analysis of Hermosillo price increase request - Sign-off on 06/06 Monthly Reporting Package to DIP Lenders - Review and sign-off on updated 13-week cash flow forecast - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: strategy for POR discussions with Secured Lenders - Meeting re: strategy for responding to multi-customer term sheet - Meetings with Secured Lenders re: POR strategy, issues and timing - Meetings with OEM representatives re: POR strategy and issues - Discussion of outline of issues to resolve in OEM settlement process - Phone call re: status of filing of claims against C&A Europe - Addressing of questions from Secured Lenders, OEMs re: Plastics - Review of updated draft of DS and outlining of comments and issues - Participation in conference call with C&A Restructuring Committee - Providing guidance to K&E and KZC professionals on various issues

08/13/06 08/14/06

16.0

08/15/06

12.0

Page 4 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/16/06

HOURS 12.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for meetings with Secured Lenders re: adequate protection - Drafting of agenda and materials for 08/16/06 C&A Board call - Meetings with Secured Lenders re: adequate protection / POR issues - Update conference call with Committee representatives and advisors - Phone call re: updating of cash flow forecasts through Q1 2007 - Participation in update call re: outstanding DS items and issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Preparation for and participation in C&A Board conference call - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: strategy for responding to Committee 2004 motions - Review of revised POR term sheet for distribution to Secured Lenders - Conference call with Secured Lenders re: adequate protection issues - Phone call with potential POR investor re: trading restriction issues - Revising of outline of issues to incorporate into OEM settlement agmts - Meeting re: status of follow-up efforts relating to DCX, Ford tooling - Meeting re: status of 2008 / 2009 forecasting process and issues - Meeting re: forecast risks and potential exit financing challenges - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: POR term sheet comments and revisions - Analysis of draft cash flow forecast through Q1 2007 - Meeting with CEO, EVP-Commercial re: exhibits to OEM agreements - Phone call re: Secured Lender / Committee POR settlement positions - Phone call with advisors to Secured Lenders re: 08/22/06 presentation - Outlining of presentation for 08/22/06 call with Secured Lender group - Meeting re: status of Williamston sale process and anticipated issues - Analysis of flash report re: estimated August revenue and EBITDA - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/17/06

12.0

08/18/06

10.0

Page 5 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/19/06

HOURS 2.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Revising of draft materials for 08/22/06 call with Secured Lender group - Addressing of issues re: scheduling of GECC Hermosillo site visit - Updating of KZC objectives and action plans for week of 08/21/06 No hours Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review and revising of draft presentation for 08/22/06 conference call - Outlining of comments to draft motion re: adequate protection pymts - Review and sign-off on C&A Monthly Operating Report for 07/06 - Meeting re: support for outstanding disputed Nissan receivables - Participation in C&A senior management meeting - Working session re: OEM settlement agreements and exhibits - Meeting re: responsibilities for 08/22/06 conference call presentation - Review and sign-off on accumulated C&A Europe claims - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Meeting re: review of OEM settlement agreements and key issues - Revising of priority assessment re: OEM settlement negotiations - Finalizing of presentation for 08/22/06 Secured Lender update call - Review and sign-off on authorization letter re: Secured Lender call - Leadership of conference call presentation to Secured Lenders - Addressing of due diligence questions of potential POR investor - Review and sign-off on revised motion re: adequate protection pymts - Phone call re: status of resolution of environmental claim settlement - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/20/06 08/21/06

12.0

08/22/06

12.0

Page 6 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/23/06

HOURS 10.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Working session with C&A management re: OEM agreements - Meeting re: validation of data for inclusion in exhibits to OEM agmts - Meeting re: asserted OEM offset claims against pre-petition A/R - Review of proposed OEM capex funding repayment schedules - Meeting with EVP-Commercial re: OEM commercial issues - Review and sign-off on weekly certifications under DIP Financing agmt - Review and sign-off on Weekly Cash Flow Reporting Package - Conference call re: preparation for POR review with Nissan - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Conference call re: draft OEM settlement agreements and exhibits - Review of listing of open commercial issues with DCX - Phone call with EVP-Commercial re: strategy for resolving DCX issues - Review of proposed letter to Fabrics customers re: claims issues - Meeting re: status of analysis of Mayco opportunity and next steps - Phone call re: strategy and timeline for filing of POR and DS - Initial assessment of impact of DCX plans for Q4 2006 production cuts - Conference call with Nissan, Secured Lender representatives re: POR - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call with Administrator re: resolution of issue with C&A Brazil - Phone call re: proposed resolution of issue with potential POR investor - Update conference call with Committee representatives and advisors - Review and sign-off on accumulated C&A Europe claims - Meeting re: status of tooling receivables recovery efforts - Analysis of estimated impact of announced Ford production cuts - Conference call with Secured Lenders re: OEM settlement issues - Phone calls re: Convertibles sale process and existing interest level - Meeting with CEO re: anticipated challenges in OEM settlement mtgs - Providing guidance to K&E and KZC professionals on various issues

08/24/06

12.0

08/25/06

10.0

Page 7 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/26/06

HOURS 2.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Analysis of updated actual to forecast cash flow reports - Review of analysis re: cash flow / liquidity risks and opportunities - Review of updated draft exhibits for OEM settlement agreements - Revising of outline of priorities for OEM settlement negotiations - Updating of KZC objectives and action plans for week of 08/28/06 No hours Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Preparation for hearing re: suspension of adequate protection pymts - Conference call re: updated OEM settlement agreements / exhibits - Review of draft DS and outlining of comments / issues for resolution - Working session re: drafting of outstanding sections for DS - Attendance at hearing re: suspension of adequate protection pymts - Meeting re: parameters for ongoing discussions on Mayco opportunity - Phone call with Fabrics wind-down team re: status update and issues - Review and revising of draft press release re: filing of POR - Working session with K&E to finalize draft OEM settlement agmts - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Review of liquidation analysis and outlining of issues for resolution - Assistance in review and revising of DS and supporting materials - Phone call re: establishing basis for labor accommodation negotiations - Meeting with CEO re: preparation for meeting with GM purchasing - Meetings with C&A management re: POR, DS timeline and issues - Analysis of updated financial projections for 2007 through 2010 - Phone call with GC re: resolution of MOBIS, resin supply agmt issues - Participation in conference call with C&A Restructuring Committee - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/27/06 08/28/06

16.0

08/29/06

14.0

Page 8 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN BOKEN MANAGING DIRECTOR PRIMARY AREAS OF RESPONSIBILITY CHIEF RESTRUCTURING OFFICER

DATE 08/30/06

HOURS 16.0

DAILY LOG Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Finalizing of agenda and materials for 08/30/06 C&A Board call - Analysis of updated flash report re: August revenues and EBITDA - Meeting re: analysis of consolidation of manufacturing footprint - Phone call with CEO, EVP-Commercial re: 08/29/06 meeting with GM - Meeting re: strategies for resolving Hermosillo issues with GECC, Ford - Revising of draft press release relating to filing of POR and DS - Working session with K&E, GC to finalize POR and DS for filing - Preparation for and participation in C&A Board conference call - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues Principal activities consisted of leading and coordinating wide range of bankruptcy and restructuring-related efforts, including the following: - Phone call re: resin supply agreement issues and requirements - Meeting with EVP-Commercial re: DCX settlement negotiation issues - Update conference call with Committee representatives and advisors - Outlining of objectives / priorities for settlement discussions with DCX - Conference call re: labor negotiation issues, strategy and timeline - Phone call re: status of filing of claims against C&A Europe - Coordination and scheduling of OEM meetings re: proposed agmts - Sign-off on 07/06 Monthly Reporting Package to DIP Lenders - Leadership of daily restructuring issues call with K&E and C&A - Providing guidance to K&E and KZC professionals on various issues

08/31/06

10.0

TOTAL

276.0

Page 9 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/01/06

HOURS 8.9

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Cash flow forecast based on revised 2006 forecast - June results presentation review for OE presentation - Commercial issues meeting - GECC AR securitization payoff follow up - Tooling update meeting - International claim documentation review Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Conf call with Perryman and UCC re terms - Meeting with Capstone re taxes - Draft changes to tooling update report and discuss tooling open issues - OE conf call re POR update - Cash flow liquidity update for Board - Conf calls re international claims Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of 2005 to 2006 bridge summary - Call with C Rand and J Heckman re CRA status - Workers comp conference call re AIG related claims - Nissan AR conf with K Crumbo - International claim follow up - Tooling meeting with S St.Clair Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of 2005 to 2006 bridge summary - Meeting with Commercial group re commercial issues and Court Motion Filing - Discuss 2006 revised forecast with M Masanovich - International claim follow up - Meeting with S St.Clair re status and next steps, including presentation to Capstone

08/02/06

6.4

08/03/06

9.2

08/04/06

8.3

Page 10 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/07/06

HOURS 10.8

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of EBITDA Bridge - 2005 Results to 2006 Forecast 6x6 - Review draft stipulation to resolve GECC receivables facility - Discuss 2006 revised forecast with M Masanovich - International claim follow up - Meeting with S St.Clair re status and next steps, including presentation to Capstone Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of EBITDA Bridge - 2005 Results to 2006 Forecast 6x6 - Meeting with Capstone re current liquidity - International claim follow up - Cap ex bi weekly meeting - AR meeting with B Byrne and R Onisko Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting with Capstone re current liquidity - Discuss AR balances and schedules for weekly update - Cap ex bi weekly meeting - Analysis of the current 13 week cash flow forecast Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Ford commercial issues meeting - Conf call re TEG facility and tool production - Meeting with Capstone re current liquidity - Analysis of the current 13 week cash flow forecast

08/08/06

12.1

08/09/06

12.5

08/10/06

8.9

Page 11 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/11/06

HOURS 8.3

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR meeting re collection efforts - Conf call with Capstone re AR aging summaries - Review and analysis of current tooling projects - Review June MD&A - Discussions with Capstone re 13 week forecast and alternatives - Analysis of the current 13 week cash flow forecast Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - Review and analysis of current tooling projects - Tooling meeting with S St.Clair - Discussions with Capstone re 13 week forecast and alternatives Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting re current AR aging and action steps to collect past dues - Analysis of normalized EBITDA - Follow-up re tooling projects and current status - Review and analysis of Nissan timeline of settlement events - Review and analysis of Board cash position report Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - Review and analysis of current tooling projects - Analysis of 13 week forecast and alternatives Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - Review and analysis of current tooling projects - Analysis of 13 week forecast and alternatives

08/14/06

8.2

08/15/06

6.0

08/16/06

4.0

08/17/06

2.0

Page 12 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/18/06

HOURS 2.0

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - Review and analysis of current tooling projects - Nissan past due AR follow up Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - Tooling recovery analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Meeting re current AR aging and action steps to collect past dues - Analysis of normalized EBITDA - Follow-up re tooling projects and current status - AR meeting with Capstone - Meet with Capstone re information request Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Analysis of normalized EBITDA - Follow-up re tooling projects and current status - Capstone information request follow up - Meeting re analysis of 2006 and 2007 forecast model balance sheet Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Liquidation analysis and discussion with Capstone - Follow-up re tooling projects and current status - Capstone information request follow up - AR aging analysis of other receivables and non-6 OE balances

08/22/06

2.0

08/23/06

11.8

08/24/06

12.7

08/25/06

8.6

Page 13 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 WILLIAM MURPHY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY DAILY CASH AND LIQUIDITY MANAGEMENT, INCLUDING CASH FLOW FORECASTING, VENDOR PAYMENTS, PRE AND POST-PETITION RECEIVABLES COLLECTIONS, CASH FLOW REPORTING AND VARIANCE ANALYSIS DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/28/06

HOURS 12.6

DAILY LOG Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Review and analysis of hypothetical liquidation scenario - Review motion re Huron Mold matter - Address open items for draft Disclosure Statement - Tooling cash flow analysis for 2006 and 2007 - Review and discuss tooling presentation draft for Macher meeting - AR past due analysis Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Review and analysis of hypothetical liquidation scenario - Tooling meeting with F Macher and J Wynalek - Address open items for draft Disclosure Statement - Capstone 6+6 forecast due diligence meetings - AR aging analysis and weekly update Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - AR aging analysis - 6+6 forecast meeting re engineering cost estimates - Address open items for draft Disclosure Statement - Capstone 6+6 forecast due diligence meetings - Meeting with Capstone, Wynalek and Hariskos re resin strategy and plant performance Activities during the day included: - Weekly cash flow results analysis and review of weekly reporting - Work session with Rick Onisco re AR aging analysis - 6+6 forecast analysis and work session with M Masanovich re engineering cost estimates - Address open items for draft Disclosure Statement - Capstone 6+6 forecast due diligence meetings - Meeting with S St.Clair re documentation of current open pre and post-petition tooling invoices

08/29/06

13.3

08/30/06

13.5

08/31/06

11.6

TOTAL

193.7

Page 14 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/01/06 HOURS 10.0 DAILY LOG Activities during the day included: - Various meetings with JPM, Capstone, Wachtell, UCC, Alvarez, Akin Gump, Chanin, Kirkland and Lazard to negotiate the POR Term Sheet Activities during the day included: - Meeting with the CEO, CFO, President of Plastics, General Counsel and Kirkland regarding Hermosillo - Prepared a summary of issues related to Hermosillo and profitability enhancement opportunities - Meeting with the General Counsel to discuss the sale of Mobis and status of the ACT agreement - Meeting with Plastics personnel to discuss plant consolidation options - Meeting with potential investor regarding the POR Term Sheet Activities during the day included: - Meeting with CEO, CFO, EVP of Commercial and President of Plastics to review plant budgets - Meeting with Plastics management regarding plant consolidations - Reviewed plant closure analysis - Meeting with the Commercial and Engineering personnel regarding Hermosillo profitability analysis - Call with President of Soft Trim to discuss the Hermosillo analysis - Call with Carson Fischer and Purchasing personnel regarding the Brown settlement - Meeting with the General Counsel regarding the sale of Williamstown Activities during the day included: - Reviewed recovery analysis based on investor term sheets - Reviewed stand alone Plastics income statement forecast - Meeting with a potential investor regarding POR term sheet - Meeting with Bank Steering Committee regarding POR term sheet - Call with Carson Fischer regarding avoidance actions

08/02/06

10.5

08/03/06

11.0

08/04/06

8.0

Page 15 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/07/06 HOURS 10.0 DAILY LOG Activities during the day included: - Meeting with the CEO, CFO, EVP of Commercial, EVP of Plastics, General Counsel and Kirkland regarding plant rationalization, 2006 and 2007 forecast, commercial issues and POR - Meeting with the General Counsel and Kirkland regarding Ford commercial issues - Call with GECC regarding the status of lease negotiations - Meeting with Lazard regarding the 2006 and 2007 forecast Activities during the day included: - Meeting with the Bank Steering Committee and Capstone regarding the POR and Financial Projections - Meeting with the President of Plastics, CEO and CFO regarding plant consolidation - Call with the Sterling Heights plant manger regarding a plant visit with the Bank Steering Committee - Call with GECC regarding lease status of negotiations - Reviewed the 2006 financial projections - Meeting with Kirkland regarding POR - Meeting with the CEO, CFO and EVP of Commercial regarding Ford open commercial issues Activities during the day included: - Toured the Sterling Heights facility with the Bank Steering Committee and Capstone, reviewed the operations and met with plant management - Meeting with Bank Steering Committee and CFO regarding the 2006 financial projections and open commercial issues - Reviewed Hermosillo profitability analysis - Meeting with the Bank Steering Committee regarding POR options - Call with Fabrics management regarding wind down status Activities during the day included: - Meeting with the General Counsel, EVP of Commercial and Kirkland regarding Ford pricing issues - Meeting with Capstone, CEO, EVP of Commercial, Kirkland and Lazard to prepare for DCX meeting - Meeting with DCX, JPM, Capstone, Wachtell, CEO and EVP of Commercial regarding POR status and commercial issues

08/08/06

12.0

08/09/06

12.0

08/10/06

8.0

Page 16 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/11/06 HOURS 4.0 DAILY LOG Activities during the day included: - Meeting with CFO and Controller regarding Hermosillo pricing analysis and personnel issues at Guelph - Reviewed plant closure analysis - Call with GECC regarding lease negotiations Activities during the day included: - Meeting with CFO to review Hermosillo price increase analysis - Meeting with the commercial team to discuss OEM earn out analysis - Call with Giuliani to review information request regarding Hermosillo - Meeting with General Counsel regarding ACT agreement - Meeting with CEO, EVP of Plastics, EVP of Commercial, CFO and Controller regarding financial projections, customer negotiations and meeting with the Bank Steering Committee - Prepared and revised presentation for the Bank Steering Committee - Call with Giuliani regarding Hermosillo issues and plant visit Activities during the day included: - Meetings with Capstone, Wachtell, CEO, CFO, EVP of Commercial, President of Plastics, Kirkland and Lazard to discuss Plastics operations, 2007 projections, POR and customer meetings - Meetings with Capstone, Wachtell, CEO, CFO, EVP of Commercial, President of Plastics, Kirkland, Lazard, representatives from DCX, Toyota, Honda and GM to discuss POR and next steps - Call with GECC regarding lease negotiations - Meeting with Kirkland and general counsel regarding POR Activities during the day included: - Reviewed analysis of open commercial issues with DCX - Meeting with Bank Steering Committee, Capstone, Wachtell, Lazard, Kirkland and Sr. Management to review financial projections, Plastics operations, cash flows and POR - Meeting with Bank Steering Committee, Capstone, Wachtell, Lazard, Kirkland, Sr. Management and representatives and advisors from DCX, Toyota, Honda and GM to review financial projections, POR, Plastics operations and new business - Call with Fabrics management regarding the status of the wind down

08/14/06

12.0

08/15/06

12.0

08/16/06

10.0

Page 17 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/17/06 HOURS 11.5 DAILY LOG Activities during the day included: - Meeting with CFO and Controller regarding 2007 forecast - Call with Lazard regarding the 2007 forecast and plant closures - Call with Hermosillo plant management regarding SRR plant visit - Call with JPM, Capstone, Wachtell and Kirkland regarding the meeting with Ford - Meeting with the CFO regarding the interim Plant Controller at Guelph - Reviewed plant closure analysis - Call with the UCC regarding the 2008 financial projections Activities during the day included: - Reviewed analysis of SG&A costs - Call with the CFO, Chanin and Alvarez to review 2007 projections - Meeting with accounting department to discuss SG&A expenses - Meeting with the CFO and EVP of Commercial to discuss the OEM Term Sheets - Call with CFO, Controller and Capstone to discuss analysis of 2006 "normalized" EBITDA - Reviewed 2007 financial projections Activities during the day included: - Meeting with the CEO and CFO regarding Presentation to the Bank Group - Reviewed and revised Presentation to the Bank Group - Meeting with CFO and Controller regarding the 2007 financial projections - Call with Lazard regarding EBITDA margin comps - Call with Plastics management regarding Hermosillo operations and financial projections - Meeting with Alvarez regarding the 2007 forecast Activities during the day included: - Meeting with the CEO, CFO, EVP of Commercial, Lazard and Kirkland to prepare for a call with the Bank Group - Call with the Bank Group, CEO, CFO, EVP of Commercial, President of Plastics, Kirkland, Lazard, Capstone and Wachtell to discuss POR, financial projections and Plastics operations - Meeting with the CEO, EVP of Commercial and Kirkland regarding Customer POR Term Sheets - Call with Fabrics management to discuss wind down costs

08/18/06

9.0

08/21/06

12.0

08/22/06

12.0

Page 18 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/23/06 HOURS 12.0 DAILY LOG Activities during the day included: - Call with Alvarez and Chanin regarding 2007 financial projections - Meeting with the CEO, EVP of Commercial, Kirkland, CFO and General Counsel to review customer POR Term Sheets - Meeting with the CFO, CEO and Commercial team regarding 2008 - 2010 revenue forecast - Meeting with General Counsel and Kirkland regarding equipment leases - Reviewed analysis of Textron lease - Call with Lazard regarding 2006 - 2007 balance sheet forecast Activities during the day included: - Meeting with the CEO, CFO, EVP of Commercial and Kirkland to review Customer POR Term Sheets - Meeting with SRR regarding Hermosillo - Call with Lazard regarding the 2006 balance sheet forecast - Reviewed the analysis of SG&A costs - Meeting with Capstone regarding Fabrics - Meeting with General Counsel regarding the Textron lease issues Activities during the day included: - Meeting with the CEO, EVP of Commercial, Kirkland and General Counsel regarding Customer POR Term Sheets - Call with the UCC and their advisors, CFO and CEO regarding Plastics operations, POR and GECC lease negotiations - Meeting with the CFO and Controller to review the 2007 projected income statement Activities during the day included: - Meetings with the CEO, CFO, EVP of Commercial, Kirkland, General Counsel and Capstone to review Customer POR Term Sheets - Call with GECC regarding Hermosillo - Call with Carson Fischer regarding Avoidance Actions - Reviewed analysis of potential OEM avoidance action claims - Meeting with General Counsel and HR department regarding personnel issues - Meeting with Lazard to discuss 2006 and 2007 forecast - Meeting with Capstone to discuss specific customer issues in the Customer POR Term Sheet

08/24/06

11.0

08/25/06

8.0

08/28/06

14.0

Page 19 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DAVID ORLOFSKY SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE PLAN OF REORGANIZATION TERM SHEET DEVELOPMENT AND NEGOTIATIONS LEASE ANALYSIS AND NEGOTIATIONS WITH LESSORS DATE 08/29/06 HOURS 12.0 DAILY LOG Activities during the day included: - Meeting with CFO, Controller and the Plastics and Soft Trim controllers to review 2008 - 2010 financial projections - Meeting with Carson Fischer to discuss OEM Avoidance Action claims - Reviewed analysis of Textron lease - Call with Kirkland regarding the Textron lease issues - Meeting with General Counsel and HR department regarding personnel issues - Meeting with Plastics management regarding 2008 - 2010 revenue forecast - Meeting with Commercial team, CFO and Controller to analyze underperforming contracts Activities during the day included: - Meeting with CFO and Plastics Controller regarding personnel issues - Meeting with Lazard, CFO and Plastics financial team regarding the 2008 - 2010 forecast - Call with Kirkland regarding the Textron lease - Meeting with EVP of Engineering, CFO and engineering team regarding engineering staffing needs - Prepared analysis prioritizing the ask in the Customer POR Term Sheets - Meeting with the CFO regarding a review of SG&A costs - Call with Carson Fischer regarding Avoidance Actions against the customers Activities during the day included: - Call with DCX and their advisors, EVP of Commercial and Kirkland to discuss the DCX POR Term Sheet - Meeting with EVP of Commercial to review engineering budget - Meeting with CFO, Controller and Plastics finance team to review 2006 - 2010 financial projections - Call with Lazard regarding 2006 - 2010 balance sheet projections - Prepared analysis of OEM earn out

08/30/06

11.5

08/31/06

10.0

TOTAL

242.5

Page 20 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 RODNEY PECKHAM SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY ASSIST INTERIM PLANT CONTROLLER (PORT HURON) IDENTIFY ACCOUNTING FUNCTIONS WITHIN PORT HURON WARRANTING IMMEDIATE ATTENTION DEVELOP RECONCILIATIONS AND PLANS TO REMEDIATE ACCOUNTING DEFICIENCIES

DATE 08/22/06

HOURS 2.0

DAILY LOG Activities during the day included: - Obtaining preliminary information regarding Plant Controller situation at Port Huron - Coordinated plans for meeting on 8/23/06 with Plant and Division Controllers Activities during the day included: - Participated in review of month to date scrap and excess freight costs - Toured plant facility to gain understanding of factors behind month to date variances - Outlined approach to better assess weekly and monthly financial reporting Activities during the day included: - Plant Controller providing overview of weekly flash reporting requirements - Developing notes to facilitate preparation of subsequent flash reports - Plant Controller providing an overview of purchase requisition approval process Activities during the day included: - Plant Controller providing overview of CIP and fixed asset accounting process - Identification of issues related to the accounting treatment for "pro forma" invoices - Outlining activities for subsequent week leading up to the departure of the PC Activities during the day included: - Follow-up and meeting with HG FTC team to assess anticipated variances - Preparing open cost issues related to HG FTC - Tour plant with Plant Controller and Interim Plant Manager to identify deficiencies - Reviewed prior week's scrap and excess shipping costs Activities during the day included: - Attending the Tuesday HG FTC meeting to introduce accounting into the process - Attending meeting with Plant Controller and Interim Plant Controller to identify other open accounting matters - Meeting with Cost Accounting to discuss and assign tasks related to the HG project

08/23/06

8.0

08/24/06

10.0

08/25/06

8.0

08/28/06

8.0

08/29/06

10.0

Page 21 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 RODNEY PECKHAM SENIOR DIRECTOR PRIMARY AREA OF RESPONSIBILITY ASSIST INTERIM PLANT CONTROLLER (PORT HURON) IDENTIFY ACCOUNTING FUNCTIONS WITHIN PORT HURON WARRANTING IMMEDIATE ATTENTION DEVELOP RECONCILIATIONS AND PLANS TO REMEDIATE ACCOUNTING DEFICIENCIES

DATE 08/30/06

HOURS 10.0

DAILY LOG Activities during the day included: - Reviewing weekly flash process with Plant Controller and Interim Plant Controller - Interviewing Accounts Payable Processor to understand pro forma invoice processing Activities during the day included: - Meeting with Interim Plant Controller to reassign tasks to be performed by him versus KZC - Discussions with Plant and Division Controller re reporting requirements - Following-up with AP and Financial Accountant re account 25600 - Obtaining downloaded files related to the 25600 account

08/31/06

9.0

TOTAL

65.0

Page 22 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHARLES CARNAVAL DIRECTOR PRIMARY AREA OF RESPONSIBILITY ACT AS INTERIM PLANT CONTROLLER FOR THE HAVRE DE GRACE MANUFACTURING FACILITY

DATE 08/07/06

HOURS 1.0

DAILY LOG Activities during the day included: - Coordinating, preparing and planning for assignment in Havre de Grace, MD - Review of C&A Business Plans and facility issues Activities during the day included: - Review facility 6 + 6 forecast and evaluate forecasting methodology - Discussions with Plant Manager relative to work efforts and financial support needs - Discussion with Assistant Controller relative to forecasting process Activities during the day included: - Reformulation of forecasting methodology and modeling to streamline process, integrate information and consolidate files - Discussion with Assistant Controller relative to closing issues and process Activities during the day included: - Continued remodeling of forecast file and enhancement to forecasting process - Met with Plant Manager to discuss forecasting techniques and areas of potential risk - Met with Human Resources Manager relative to setting up interviews for potential Controller candidates Activities during the day included: - Performed a detailed review of forecasting data and support information for integration in forecasting model along with verification/correction of assumption relationships - Preparation of analysis and costing of warranty re-work for DCX yard hold on door panels for Dodge Durango's Activities during the day included: - Development of labor forecasting tool for direct, indirect and salaried personnel as well as associated overtime - Reformulation and integration of labor forecasting tool into 6 + 6 forecasting model - Discussion of forecasting approach and methodology with Assistant Controller

08/08/06

5.0

08/09/06

6.0

08/10/06

10.0

08/11/06

6.0

08/14/06

8.5

Page 23 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHARLES CARNAVAL DIRECTOR PRIMARY AREA OF RESPONSIBILITY ACT AS INTERIM PLANT CONTROLLER FOR THE HAVRE DE GRACE MANUFACTURING FACILITY

DATE 08/15/06

HOURS 9.5

DAILY LOG Activities during the day included: - Meeting with Division management relative to financial issues, forecasts and planning process - Conducting several interviews with candidates for the Controller position - Discussions with the Plant Manger and Assistant Controller relative to assumptions to be made for re-forecasting the balance of the year - Preparation of a revised 7 + 5 forecast - Recalculation of warranty rework costs for DCX yard hold on Durango's Activities during the day included: - Discussion of manufacturing flow and related accounting issues for potential system redesign and improvement for Group reporting - Conducting an interview with a Controller candidate - Discussion of budget planning process for plant management - Discussion with Plant Manager and Assistant Controller relative to the need to update "current" labor routings based on IE updates being performed at the facility Activities during the day included: - Review and tracking of cost incentives forecasted for facility and discussion of reasonableness of achievement with Plant Manager and Assistant Controller - Preparation of analysis of price adjustment exposure for PO parts change instituted in 2005 by DCX, but for which billings and collections have not been appropriately adjusted - Discussion with plant management relative to cost savings initiatives Activities during the day included: - Continued investigation and preparation of analysis of parts pricing issue and potential exposure to plant financial performance and adequacy of accruals being recorded - Preparation of updated 7 + 5 based on latest estimate of DCX Newark production calendar Activities during the day included: - Continued an investigation of pricing adjustment and exposure (significant shipping and billing data manipulation) - Participation in weekly Plant Manager conference call with Group management - Preparation of update to financial forecast and estimate for quarter and balance of the year

08/16/06

5.5

08/17/06

6.8

08/18/06

6.5

08/21/06

4.0

Page 24 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHARLES CARNAVAL DIRECTOR PRIMARY AREA OF RESPONSIBILITY ACT AS INTERIM PLANT CONTROLLER FOR THE HAVRE DE GRACE MANUFACTURING FACILITY

DATE 08/22/06

HOURS 6.5

DAILY LOG Activities during the day included: - Completion of pricing exposure analysis - Discussion with Assistant Controller and Plant Manager relative to various inventory and scrap issues - Preparation and review of monthly estimate for P/L performance Activities during the day included: - Meeting with Human Resources Manager relative to staffing changes for improved plant financial performance - Discussion with Assistant Controller relative to plant budgeting process - Meeting with plant Cost Accountant to discuss various costing and pricing issues Activities during the day included: - Meeting with Accounting department staff to discuss available information for the development of a budget planning process for 2007 - Meeting with Plant Manager and Assistant Controller relative to needed staffing reductions for Direct, Indirect and Salaried personnel - Conducting interview with Controller candidate - Review of August run-rate for flash update of monthly performance - Assistance in preparation of ROI analysis for relocation of molding machines - Development of budget planning tools to be supplied to plant management Activities during the day included: - Discussion of pricing exposure analysis for Southfield DCX Commercial staff - Preparation of budget planning information for distribution to plant management - Discussion with plant management DCX production calendar for 2007 for budget planning Activities during the day included: - Presentation of budget details and process to be utilized in preparation of 2007 budgets for the facility - Development of update to 7 + 5 forecast and discussion with Plant Manager of 4th Quarter opportunities or needed changes - Participation in Group staff call with Plant Manager and Assistant Controller

08/23/06

6.5

08/24/06

9.0

08/25/06

6.5

08/28/06

6.0

Page 25 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHARLES CARNAVAL DIRECTOR PRIMARY AREA OF RESPONSIBILITY ACT AS INTERIM PLANT CONTROLLER FOR THE HAVRE DE GRACE MANUFACTURING FACILITY

DATE 08/29/06

HOURS 9.0

DAILY LOG Activities during the day included: - Preparation of actual details of expenses by month by department for distribution to plant management to facilitate the preparation of the facility's 2007 budget - Participation in Group Controllers' Conference call Activities during the day included: - Preparation and distribution of Headcount information for 2007 facility budget planning process - Investigation into and gathering of launch costs data included in 6 + 6 forecast for Plant Manager Activities during the day included: - Review with plant managers of budget information distributed - Conducting interview with Controllership candidate - Discussion of cost issues and status of Controller candidates with the Plant Manager - Discussion with Assistant Controller of budgeting status and additional information to be provided to plant managers

08/30/06

9.0

08/31/06

5.5

TOTAL

126.8

Page 26 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 08/01/06

HOURS 11.2

DAILY LOG Activities during the day included: - Generate Ford ATB detail for consideration of settlement/litigation in customer discussions - Review BBK DCX payment log - Continue with liquidation analysis and narrative Activities during the day included: - Continue with liquidation analysis and narrative - Prepare presentation for Capstone tooling meeting - Prepare system based cash forecast for tooling Activities during the day included: - Continue with liquidation analysis and narrative - Continue to prepare presentation for Capstone tooling meeting - Review commercial issues list to assess and update tooling related matters Activities during the day included: - Mary Ann Wright's commercial issues meeting - Walk through of tooling presentation draft in prep for Capstone meeting - DCX billing meeting with Nelson Yanick and Virginia Kopke Activities during the day included: - Capstone tooling presentation - Continue with liquidation analysis and narrative - Follow up with commercial team on Ford documentation status Activities during the day included: - Professional's meeting regarding completion of the disclosure statement - Review with BBK open invoice issues related to tooling vendors - Disclosure statement updates - Compile data for GM tooling invoicing for BBK to facilitate payment - Trace tooling cash inflows Activities during the day included: - DCX program group update discussion regarding tooling A/R and A/P - Update EBITDA values for 2007 and layer in fees in liquidation analysis - Update liquidation analysis methodology to conform to updated model - Update disclosure statement language for liquidation analysis/best interest test

08/02/06

12.8

08/03/06

10.0

08/04/06

9.0

08/07/06

9.5

08/08/06

11.2

08/09/06

10.7

Page 27 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 08/10/06

HOURS 10.4

DAILY LOG Activities during the day included: - Disclosure statement update meeting/phone call - Update liquidation analysis - Revise liquidation analysis methodology language - Modify disclosure statement language and provide updates to K&E - Weekly tooling reporting systems and accounting meeting Activities during the day included: - Update liquidation analysis - Revise liquidation analysis methodology language Activities during the day included: - Disclosure statement update meeting/phone call - Update liquidation analysis & narrative and send in draft form to K&E - Tooling meeting with St. Clair and T. Brown Activities during the day included: - Assess 502(b) claim impact for best interest test analysis - Obtain Mobis invoice detail - Continue liquidation analysis preparation - Obtain and review tooling remittance advice and cash application detail Activities during the day included: - Disclosure statement update meeting/phone call with other professionals - Continue liquidation analysis preparation and narrative - Consider actual wind down of Fabrics for application to best interest analysis - Assess composition of escrowed cash fund for creditor availability in Chpt 7 Activities during the day included: - Determine procedures for compiling tooling invoice data requested by BBK for GM invoices - Assess current KERP provisions in consideration of conversion to hypothetical Chpt 7 - Continue liquidation analysis preparation and narrative - Obtain and assess executory contract listing for hypothetical Chpt 7 - Help develop and report summary of tooling activity for management

08/11/06

8.0

08/14/06

10.1

08/15/06

11.3

08/16/06

10.1

08/17/06

11.0

Page 28 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 08/18/06

HOURS 10.9

DAILY LOG Activities during the day included: - Continue liquidation analysis preparation and narrative - Strategize to account for Ford tooling open invoices and determine what piece of that amount relates to internal tooling - Vendor issue resolution meeting with HS Die - Discuss liquidation assumptions and treatment with Lazard - Assess tooling cash flow projections - Communicate with tooling vendor regarding open claims Activities during the day included: - Consider total tooling A/R valuation methodologies - Continue liquidation analysis preparation and narrative - Vendor issue resolution meeting with HS Die - Contact Saltillo plant to follow-up on open HS Die issues relating to that location Activities during the day included: - Continue liquidation analysis preparation and narrative - Meet with Rick Onisko to assess reconciliation efforts related to open GM invoices - Assess Ford capital funding discrepancy in anticipation of meeting with Ford - Obtain lease info for HQ lease in consideration of hypothetical conversion to Chpt 7 - Review assumptions in cash forecast relating to tooling Activities during the day included: - Continue liquidation analysis preparation and narrative - Review with C&A of system-based tooling cash flow projections - Consider JCI offset claim that they are setting off against their payable to C&A - Management meeting to strategize on customer term sheets - Obtain EBITDA projections for 6+6 for use in tax valuation of entities Activities during the day included: - Update customer term sheet information for use in customer discussions - Get allocation of top-side EBITDA adjustments for tax valuation of entities - Review "Top-50" pre-pet. tooling A/R detail to determine amount of direct payments to Mexico facilities by Ford - Review BBK log of DCX payments - Obtain unapplied tooling cash detail from Sherry Hollis

08/21/06

9.3

08/22/06

11.2

08/23/06

12.0

08/24/06

13.1

Page 29 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 BRET FERNANDES DIRECTOR PRIMARY AREA OF RESPONSIBILITY CREDITOR RECOVERY MODELING AND ANALYSIS DISCLOSURE STATEMENT PREPARATION OVERSIGHT OF TOOLING OPERATIONS AND FORECASTING OF WORKING CAPITAL REQUIREMENTS

DATE 08/25/06

HOURS 9.5

DAILY LOG Activities during the day included: - Liquidation analysis review with Capstone - Obtain copies of HS Die direct plant billings to facilitate follow-up - Review sample of GM invoices from Rick Onisko to determine if un-reconciled invoices are readily reconcilable - Continue liquidation analysis preparation and narrative Activities during the day included: - Prep meeting for Frank Macher tooling update - Update presentation for Macher tooling update - Meeting with St. Clair regarding tooling efforts - Vendor issue resolution meeting with HS Die - Update system based cash flow forecast information - Obtain and review un-invoiced receivable and payable data by program Activities during the day included: - Update presentation material in prep for Macher tooling meeting - Continue liquidation analysis preparation and narrative - Complete allocation of EBITDA adjustments in 6+6 for tax valuation by entity - Review claim assumptions in liquidation analysis with K. Schweninger Activities during the day included: - Meet with Rick Onisko to determine next steps in GM A/R reconciliation efforts - Review BBK/GM proposed release language letters relating to tool liens - Continue with efforts to collect and organize GM and Ford open tooling invoices Activities during the day included: - Meet with commercial group to enforce data integrity procedures - Phone meeting with Carson Fischer regarding GM litigation and reconciliation efforts - Continue liquidation analysis preparation and narrative - Discussion with Stikeman Elliott regarding assumptions of hypothetical liquidation

08/28/06

12.6

08/29/06

12.0

08/30/06

10.6

08/31/06

11.2

TOTAL

247.7

Page 30 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES PREPARATION OF DISCLOSURE STATEMENT AND RELATED ANALYSES CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 08/01/06

HOURS 11.8

DAILY LOG Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Meeting with tax staff re POR tax structuring alternatives - Participate in Sterling Heights plant visit with senior management - Review plastics division business plan documents Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Meeting with counsel re pension issues - Meeting with tax staff re POR tax structuring alternatives - Preparation for, and participation in, conference call with C&A and counsel re Textron lease negotiation issues - Review diligence materials re potential asset purchase Activities during the day included: - Discussion with counsel re pension issues - Preparation for, and participation in, meeting with C&A staff re transfer pricing issues - Review diligence materials re potential asset purchase Activities during the day included: - Meeting re plant profitability enhancement opportunities - Preparation for, and participation in, meeting re liquidation analysis - Discussions with C&A staff re asset sale process - Conference call with prospective seller of assets Activities during the day included: - Conference call re potential purchase of assets Activities during the day included: - Meetings with prospective buyers of non-core assets - Review diligence materials re potential asset purchase

08/02/06

11.3

08/03/06

8.7

08/04/06

8.1

08/05/06

1.0

08/07/06

9.4

Page 31 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES PREPARATION OF DISCLOSURE STATEMENT AND RELATED ANALYSES CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 08/08/06

HOURS 11.5

DAILY LOG Activities during the day included: - Preparation for, and participation in, conference call re disclosure statement open items - Review WP Carey lease negotiation documents - Preparation for, and participation in, conference call with UCC advisors re potential avoidance actions - Preparation for, and participation in, call regarding labor negotiations process Activities during the day included: - Review administrative and priority claims analysis update - Review and follow up re disclosure statement open items - Review of and edits to disclosure statement Activities during the day included: - Preparation for, and participation in, conference call re disclosure statement open items - Preparation for, and participation in, conference call with UCC advisors re potential avoidance actions - Participate in conference call regarding asset sale process - Participate in conference call regarding proposed POR tax issues - Preparation for, and participation in, discussions with management and advisors re WPCarey proposal Activities during the day included: - Review plant profitability footprint - Review and follow up re disclosure statement open items - Review of and edits to disclosure statement Activities during the day included: - Preparation for, and participation in, conference call re disclosure statement open items - Conference call with GECC advisors re information request - Review of and edits to disclosure statement

08/09/06

10.8

08/10/06

10.4

08/11/06

6.5

08/14/06

10.1

Page 32 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES PREPARATION OF DISCLOSURE STATEMENT AND RELATED ANALYSES CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 08/15/06

HOURS 11.6

DAILY LOG Activities during the day included: - Preparation for, and participation in, conference call re disclosure statement open items - Preparation for, and participation in, call regarding labor negotiations process - Meeting with prospective buyer of non-core assets - Participate in meeting re liquidation analysis - Review plant closure analyses Activities during the day included: - Preparation for, and participation in, conference call re disclosure statement open items - Meeting with prospective buyer of non-core assets - Review Hermosillo plant information in response to GECC information request - Review updated plan of reorganization draft Activities during the day included: - Meeting with C&A staff to review updated financial projections, assumptions and discuss open items - Meeting with C&A staff re asset sale process - Review Hermosillo plant information in response to GECC information request Activities during the day included: - Review disclosure statement open items - Review asset sale materials - Review Hermosillo plant information in response to GECC information request - Review updated pension data Activities during the day included: - Review disclosure statement open items - Review asset sale materials

08/16/06

11.0

08/17/06

11.6

08/18/06

6.3

08/19/06

1.0

Page 33 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES PREPARATION OF DISCLOSURE STATEMENT AND RELATED ANALYSES CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 08/21/06

HOURS 10.4

DAILY LOG Activities during the day included: - Review documents re potential avoidance actions - Review asset sale materials - Conference call with C&A staff and counsel re asset sales Activities during the day included: - Participate in update meeting re labor negotiation strategy - Discussions with C&A staff re asset sale process - Preparation for, and participation in, discussions with management and advisors re WPCarey proposal - Review updated defined benefit and defined contribution projections data - Visit Williamston plant with prospective buyer and C&A staff Activities during the day included: - Lead meeting with C&A staff re GECC information request - Prepare responsibilities matrix re GECC information request - Preparation for, and participation in, meeting re liquidation analysis - Participate in meeting re claims update - Review materials for disclosure statement Activities during the day included: - Review updated financial projections data - Review administrative and priority claims analysis update - Participate in update meeting re labor negotiation strategy - Preparation for, and participation in, discussions with management and advisors re WPCarey proposal - Review and discussion of revised defined benefit pension funding projections Activities during the day included: - Preparation for, and participation in, meeting with bank advisors re liquidation analysis - Discussions with C&A staff re asset sale process - Review and address disclosure statement open items - Meeting re Owosso plant profitability enhancement opportunities - Review updated financial projections data

08/22/06

11.8

08/23/06

11.3

08/24/06

11.0

08/25/06

6.6

Page 34 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LYMBERY DIRECTOR PRIMARY AREA OF RESPONSIBILITY BUSINESS PLAN AND PLAN OF REORGANIZATION ANALYSES PREPARATION OF DISCLOSURE STATEMENT AND RELATED ANALYSES CLAIMS ANALYSIS AND ESTIMATION ANALYSIS AND ASSESSMENT OF ALTERNATIVES RE: LABOR COSTS AND RETIREMENT BENEFITS

DATE 08/28/06

HOURS 12.4

DAILY LOG Activities during the day included: - Meeting re plant profitability enhancement opportunities - Preparation for, and participation in, meeting re liquidation analysis - Discussions with C&A staff re asset sale process - Update creditor advisors re WP Carey negotiations - Conference call with prospective seller of assets - Review and address disclosure statement open items Activities during the day included: - Discussions with senior management re potential asset purchase - Meeting with C&A and co-counsel re potential avoidance actions - Preparation for, and participation in, meeting re liquidation analysis - Preparation for, and participation in, call regarding labor negotiations process - Meeting with prospective buyer of non-core assets - Update creditor advisors re WPCarey negotiations Activities during the day included: - Follow up discussions with GE's advisors re information request - Meeting with prospective buyer of non-core assets - Discussions with management re potential asset purchase - Preparation for, and participation in, discussions with management and advisors re WPCarey proposal - Meeting re liquidation analysis Activities during the day included: - Preparation for, and participation in, call regarding labor negotiations process - Review diligence materials re potential asset purchase - Discussions with counsel and actuary re pension payment due - Review liquidation analysis update

08/29/06

11.2

08/30/06

11.0

08/31/06

10.4

TOTAL

237.2

Page 35 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY SUPPORT OF CREDITOR DUE DILIGENCE (HERMOSILLO) ACCUMULATION OF SUPPORTING DOCUMENTATION RE: CLAIMS AGAINST C&A EUROPE

DATE 08/01/06

HOURS 12.2

DAILY LOG Activities during the day included: - Analysis of European intercompany claims: prepared for and participated in meetings with C&A staff to obtain information on European claims - Analysis of European intercompany claims: prepared summaries of claims for German and Swedish entities Activities during the day included: - Analysis of European intercompany claims: prepared for and participated in meetings with C&A staff to obtain information on European claims - Analysis of European intercompany claims: prepared summaries of claims for Italian and English entities Activities during the day included: - Analysis of European intercompany claims: prepared for and participated in meetings with C&A staff to obtain information on European claims - Analysis of European intercompany claims: prepared summaries of claims for Czech and Dutch entities Activities during the day included: - Prepared for and participated in tour of Owosso plant with Capstone executives - Follow-up analysis of European claims Activities during the day included: - Continued analysis of intercompany claims: began development of claims tracking mechanism and recovery analysis - Continued analysis of intercompany claims: continued work on memorandum to committees and summary of work performed to date - Continued analysis of intercompany claims: continued to pull together detailed claims packets for UK claims agent Activities during the day included: - Continued analysis of intercompany claims: continued work on recovery tables - Continued analysis of intercompany claims: performed work on various Dutch claims and payment inquiries - Continued analysis of intercompany claims: performed follow-up work and invoice analysis on Trim BV claims

08/02/06

11.9

08/03/06

11.8

08/04/06

8.6

08/07/06

10.1

08/08/06

9.9

Page 36 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY SUPPORT OF CREDITOR DUE DILIGENCE (HERMOSILLO) ACCUMULATION OF SUPPORTING DOCUMENTATION RE: CLAIMS AGAINST C&A EUROPE

DATE 08/09/06

HOURS 11.4

DAILY LOG Activities during the day included: - Continued analysis of intercompany claims: prepared claim summaries for several claims - Continued analysis of intercompany claims: prepared for and participated in meeting to discuss claims with CRO - Continued analysis of intercompany claims: performed follow-up analysis per meeting with CRO Activities during the day included: - Prepared for and participated in plant tour - Accompanied Capstone on tour of Rantoul, Illinois plant Activities during the day included: - Prepared for Hermosillo, Mexico plant tour - Prepared for conference call with C&A executives attending plant tour Activities during the day included: - Prepared for and participated in Hermosillo, Mexico plant tour - Communicated with SRR executives and C&A plant personnel regarding additional information requests Activities during the day included: - Prepared for and participated in second day of Hermosillo, Mexico plant tour - Communicated with SRR executives and C&A plant personnel regarding additional information requests - Follow-up communication with KZC and C&A personnel regarding plant tour Activities during the day included: - Analysis of international claim against C&A Automotive s.r.o. - Preparation for and participation in conference call to discuss Hermosillo plant visit - Preparation for and participation in meeting with TEG executives to discuss business plan Activities during the day included: - Preparation for and participation in meeting with TEG executives to discuss business plan - Analysis of international claims against Automotive Trim B.V. - Analysis of international claims against Automotive Holding GmbH

08/10/06

9.2

08/17/06

5.2

08/18/06

12.1

08/19/06

9.2

08/21/06

8.5

08/22/06

12.4

Page 37 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 RICHARD MIZAK DIRECTOR PRIMARY AREA OF RESPONSIBILITY SUPPORT OF CREDITOR DUE DILIGENCE (HERMOSILLO) ACCUMULATION OF SUPPORTING DOCUMENTATION RE: CLAIMS AGAINST C&A EUROPE

DATE 08/23/06

HOURS 12.0

DAILY LOG Activities during the day included: - Analysis of international claims against Automotive Trim GmbH - Analysis of international claims against Automotive Systems AB - Analysis of international claims against Automotive Trim Ltd. - Analysis of international claims against Dura Convertible Systems GmbH - Preparation for and participation in meeting re: TEG Activities during the day included: - Analysis of international claims (Gibraltar) against Italy Holdings - Analysis of international claims (Gibraltar) against Italy Company - Analysis of international claims (Gibraltar) against Italy Systems Activities during the day included: - Analysis of international claims (Gibraltar) against various UK entities - Gathered information for UK claims including supporting documentation, intercompany account policies and procedures, intercompany account balance statements and the like

08/24/06

11.8

08/25/06

8.0

TOTAL

164.3

Page 38 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/01/06

HOURS 12.1

DAILY LOG Activities during the day included: - Provide consultation and support to Lazard and the Company in efforts related to the 6x6 Forecast - Coordinating, preparation and consulting in response to certain interested parties' inquiries, including a call to OE Advisors to review June results - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results Activities during the day included: - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Participate in meeting with Capstone to review tax consequences of various POR alternatives - Provide consultation and support to Company in efforts to report June results to DIP Lenders Activities during the day included: - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Analysis, inquiry, and other work related to reporting June results to senior management, including detailed review of operation with certain Plastics plants Activities during the day included: - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Analysis, inquiry, and other work related to reporting June results to senior management, including detailed review of certain plant operations - Review and consult on certain matters related to certain filing required by US Trustee

08/02/06

11.9

08/03/06

12.3

08/04/06

8.0

Page 39 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/07/06

HOURS 11.7

DAILY LOG Activities during the day included: - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Analysis, inquiry, and other work related to reporting June results to senior management, including detailed review of certain plant operations Activities during the day included: - Analysis, advising and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for the month July 2006 - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Coordinating, preparation and consulting in response to certain interested parties' inquiries Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business unit for the period ended July 2006 - Analysis, advising and other work related to the preparation of Revenue and EBITDA Bridges, actual to Forecast, for the month July 2006 Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business unit and certain plants for the period ended July 2006 - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Coordinating, preparation and consulting in response to certain interested parties' inquiries

08/08/06

12.3

08/09/06

12.6

08/10/06

10.0

Page 40 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/11/06

HOURS 8.0

DAILY LOG Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business unit and certain plants for the period ended July 2006 - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Coordinating, preparation and consulting in response to certain interested parties' inquiries Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business unit and certain plants for the period ended July 2006 - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Coordinating, preparation and consulting in response to certain interested parties' inquiries Activities during the day included: - Analyzed, reviewed, and other work related to accessing financial performance for each business unit and certain plants for the period ended July 2006 - Analysis and other work related to preparing bridge from reported results in 2005 to Forecasted 2006 results - Provide consultation and support to Company in their efforts to report June results to DIP Lenders - Coordinating, preparation and consulting in response to certain interested parties' inquiries Activities during the day included: - Analysis and other work related to July 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the period ended July 2006

08/12/06

3.0

08/14/06

12.2

08/15/06

12.4

Page 41 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/16/06

HOURS 12.0

DAILY LOG Activities during the day included: - Analysis and other work related to July 2006 reporting required under the DIP Credit Facility - Work related to detail review of certain plant financial performance for the period ended July 2006 Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit - Analysis and other work related to July 2006 reporting, including reporting to US Trustee Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit - Analysis and other work related to July 2006 reporting, including reporting to US Trustee Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit

08/17/06

12.1

08/18/06

8.0

08/21/06

11.5

08/22/06

12.1

Page 42 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/23/06

HOURS 12.3

DAILY LOG Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the periods ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit - Review impact of certain tax adjustments and determine impact on Forecasted financial statements; prepare pro forma opening balance sheets for Forecast Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Coordinating, preparation and consulting in response to certain interested parties' inquiries, including review of bridge from 2005 reported results to 2006 Forecast with Capstone - Analysis and other work related to July 2006 reporting required under the DIP Credit - Review impact of certain tax adjustments and determine impact on Forecasted financial statements; prepare pro forma opening balance sheets for Forecast

08/24/06

12.2

08/25/06

8.0

08/29/06

11.5

08/30/06

12.1

Page 43 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JOHN SHARPE DIRECTOR PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING AND CHAPTER 11 REPORTING AND COMPLIANCE BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS INCOME STATEMENT AND BALANCE SHEET ANALYSIS RESPONDING TO INFORMATION REQUESTS FROM CREDITOR CONSTITUENCIES

DATE 08/31/06

HOURS 12.2

DAILY LOG Activities during the day included: - Work related to detail financial performance review of certain underperforming Plastics plants for the period ended July 2006 - Analysis and other work related to July 2006 reporting required under the DIP Credit - Provide consultation and support to Company in preparation of balance sheets by business unit - Coordinating, preparation and consulting in response to certain interested parties' inquiries, including review of bridge from 2005 reported results to 2006 Forecast with Capstone

TOTAL

250.5

Page 44 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Preparing for and attending a meeting re: CD340 tooling issue - Preparing for and rolling out BOS to Saltillo - Attending a meeting with T. Trenary re: Hermosillo profitability analysis - Attending a meeting with J. Wynalek re: plastics presentation to board - Dealing with questions from Capstone Activities during the day included: - Preparing for and participating in a call re: GECC / Hermosillo strategy - Preparing for and attending a meeting with S. St Clair re: BOS - Preparing for and attending a meeting with J. Wynalek re: plastics presentation to board - Dealing with questions from Capstone Activities during the day included: - Attending a meeting with Frank Macher and the plastics dept re: 6+6 revised forecast by plant - Preparing for and attending a meeting with S. St Clair re: tooling and service - Preparing for and attending a meeting with J. Wynalek re: plastics presentation to board - Dealing with questions from Capstone Activities during the day included: - Attending a meeting with M. Wright re: outstanding commercial issues - Rolling out BOS to Rantoul, Morristown and HDG - Rolling out BOS to Sterling Heights, Owosso and Williamston - Reviewing the plastics weekly financial flash report - Presenting weekly flash report to T. Trenary - Preparing for and attending a meeting re: Hermosillo profitability - Preparing for and attending a meeting with F. Macher re: outstanding Ford commercial issues Activities during the day included: - Reviewing Hermosillo profitability analysis - Reviewing revised FY2006 financial forecast by plant

08/02/06

13.0

08/03/06

12.5

08/04/06

9.0

08/06/06

3.0

Page 45 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/07/06

HOURS 13.5

DAILY LOG Activities during the day included: - Attending a meeting with mgt and Chairman of board re: 6+6 forecast by plant and plastics manufacturing strategy - Reviewing Hermosillo profitability analysis - Reviewing DOS results - Dealing with questions from Capstone Activities during the day included: - Preparing for and attending a meeting with M. Masanovich re: risks and opportunities in the revised 6+6 forecast - Preparing for and attending a meeting with plastics dept re: manufacturing footprint - Rolling out DOS and BOS to Belvedere and Windsor - Dealing with questions from Capstone Activities during the day included: - Preparing for and attending a meeting with R. Robson re: Hermosillo profitability analysis - Rolling out BOS to Hermosillo - Preparing for and attending a meeting with T. Trenary re: plastics plant closures - Dealing with questions from Capstone Activities during the day included: - Preparing for and attending a meeting with M. Wright re: CD340 tooling issue - Preparing for and attending a meeting with SRR re: Hermosillo price increase request and Ford outstanding commercial issues - Meeting with J. Wynalek to prepare for meeting with Chairman of board on 8/14 - Dealing with questions from Capstone Activities during the day included: - Reviewing weekly DOS results - Reviewing the plastics weekly financial flash report - Presenting weekly flash report to T. Trenary - Dealing with questions from Capstone - Preparing for meeting with Chairman of board on 8/14

08/08/06

13.0

08/09/06

13.0

08/10/06

13.0

08/11/06

9.0

Page 46 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/13/06

HOURS 4.0

DAILY LOG Activities during the day included: - Reviewing forecast financial results for FY2006 / FY2007 and FY2008 - Reviewing weekly DOS results Activities during the day included: - Preparing for and attending a meeting with Chairman of board re: operating plan - Preparing a presentation for Bank meeting on 8/15/2006 - Further reviewing weekly DOS results Activities during the day included: - Rolling out BOS to Evart, Americus and Farmington - Participating in a conference call with Capstone and Mississauga plant - Participating in a conference call with Capstone and Scarborough plant - Leading a meeting with D. Derimaker re: weekly financial flash report - Participating in a meeting re: liquidation analysis Activities during the day included: - Participating in a meeting with J. Wynalek re: plastics performance - Participating in a conference call with Capstone and Williamston plant - Participating in a conference call with Capstone and Gananoque plant - Participating in a conference call with Capstone and Morristown plant - Dealing with questions from Capstone Activities during the day included: - Participating in a meeting with T. Trenary re: financial forecasts - next steps - Participating in a conference call with Capstone and Americus plant - Participating in a conference call with Capstone and St. Louis plant - Leading a conference call with Hermosillo plant and corporate re: SRR's visit - Participating in a meeting with T. Trenary re: C&A POR work plan Activities during the day included: - Reviewing weekly DOS results - Participating in a meeting with T. Trenary re: C&A POR work plan - Reviewing the plastics weekly financial flash report - Presenting weekly flash report to T. Trenary - Dealing with questions from Capstone

08/14/06

14.5

08/15/06

12.0

08/16/06

12.5

08/17/06

13.0

08/18/06

8.5

Page 47 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/20/06

HOURS 2.0

DAILY LOG Activities during the day included: - Reviewing weekly DOS results - Reviewing plant closure financial assumptions Activities during the day included: - Preparing for and attending a meeting with T. Woody re: TEG alternatives - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Leading a conference call re: SRR's visit to Hermosillo - Preparing for and attending a meeting with T. Woody re: CD340 tooling issue Activities during the day included: - Dealing with follow up BOS questions from the plants - Dealing with questions from Capstone - Reviewing plant BOS results - Formulating a BOS reporting scorecard Activities during the day included: - Preparing for and attending a meeting with Chairman of the board re: customer term sheets - Preparing for a meeting with A. Behr re: BOS rollout to sequencing plants - Dealing with questions from Capstone - Reviewing plant DOS results Activities during the day included: - Reviewing OEM term sheets for POR - Participating in a meeting with management re: customer term sheets - Preparing for and attending a meeting re: Hermosillo issues - Preparing for and attending a follow up meeting with SRR on Hermosillo profitability - Dealing with questions from Capstone Activities during the day included: - Preparing for and attending a meeting with VPO's re: BOS / DOS progress and potential improvements - Dealing with questions from Capstone - Reviewing plastics weekly financial flash report

08/21/06

11.5

08/22/06

12.0

08/23/06

12.5

08/24/06

12.0

08/25/06

8.5

Page 48 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEE SMITH DIRECTOR PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF STRATEGIC PLAN INITIATIVES ASSISTANCE IN MANAGEMENT OF FINANCE / ACCOUNTING FUNCTION (PLASTICS) BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS (PLASTICS) COORDINATION AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/28/06

HOURS 11.5

DAILY LOG Activities during the day included: - Analyzing plastics weekly financial flash report - Dealing with questions from Capstone - Reviewing plant BOS results - Reviewing plant DOS results Activities during the day included: - Preparing for and participating in a meeting re: TEG alternatives - Participating in a meeting with T. Trenary re: FY2008 to FY2010 forecast - Participating in a meeting with M. Wright re: revenue build in FY2008 to FY2010 forecast - Dealing with questions from Capstone Activities during the day included: - Participating in a meeting with T. Trenary re: FY2008 - FY2010 forecast - Participating in a meeting with T. Trenary and commercial group re: SG&A costs - Dealing with questions from Capstone - Reviewing plants BOS results Activities during the day included: - Participating in a meeting with M. Wright re: Engineering SG&A costs - Preparing a historic volume analysis schedule - Dealing with questions from Capstone - Reviewing plants DOS results

08/29/06

12.0

08/30/06

11.0

08/31/06

12.0

TOTAL

280.5

Page 49 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/01/06

HOURS 13.0

DAILY LOG Activities during the day included: - Review preliminary actual cash results for prior week - Discussions with T Trenary re cash forecast - Preparation of updated daily cash flow forecast for following 4-week period - Development of information and presentation for Board meeting - Discussions with D Perryman and D Jachcik re forecast of cash receipts and disbursements - Analysis of updated Fabrics wind down forecast and results for prior week, including analysis of benefits reconciliation Activities during the day included: - Review preliminary actual cash results for prior week, including development of explanations of variances - Conference call with OEMs and advisors re case status - Preparation of updated daily cash flow forecast for following 4-week period - Update presentation for Board meeting - Development of information request re Tooling receipts and review of invoice data - Discussions with D Perryman and D Jachcik re forecast of cash receipts and disbursements - Analysis of updated information related to severance costs at closed plants Activities during the day included: - Analysis of updated cash flow report from Fabrics and updated reconciliation - Development of information as requested by Alvarez - Review of updated information on CapEx spend and timing estimates - Review of updated forecast of Restructuring Expenses - Update report on escrow accounts and proceeds in Net Transaction Proceeds Account - Discussions with Capstone re cash flow results and forecast - Initial development of 13-week forecast through October

08/02/06

12.7

08/03/06

12.0

Page 50 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/07/06

HOURS 11.0

DAILY LOG Activities during the day included - Review of preliminary actuals results for the prior week - Analysis of preliminary 6+6 EBITDA Forecast - Meeting with M Masanovich re CapEx budget - Development of analysis of projected open Restructuring Expenses - Initial development of revised cash flow forecast through October - Meeting with Alvarez re cash flow forecast and results Activities during the day included - Review of preliminary actuals results for the prior week - Analysis of preliminary 6+6 EBITDA Forecast - Development of revised cash flow forecast through year-end 2006 with reconciliation to 6+6 Budget - Review of updated accounts receivable roll forward ad aging - Development of supporting schedule for forecast of MRO and payroll expenses - Review of preliminary fabrics cash flow and update reconciliation to prior weeks Activities during the day included - Analysis of prior weeks actual cash flow results, including explanation of variances - Development of daily cash flow forecast through the end of August - Analysis of quarter-to-date actual cash flow results - Discussions with D Jachcik re cash receipts timing - Discussions with accounting re non-cash items in EBITDA - Development of cash flow forecast through December under various scenarios and assumptions Activities during the day included: - Development of daily cash flow forecast through the end of August - Development of cash flow forecast through December under various scenarios and assumptions - Meeting with Capstone re preliminary cash flow forecast - Review of open commercial issues reports and review of related cash receipts - Meeting with accounts receivable re reports to be developed for Capstone

08/08/06

12.3

08/09/06

12.7

08/10/06

13.0

Page 51 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/11/06

HOURS 1.0

DAILY LOG Activities during the day included: - Review of cash flow forecast for following 2-week period Activities during the day included: - Development of cash flow forecast through December under various scenarios and assumptions - Meeting with Capstone re preliminary cash flow forecast - Development of updated open issues report related to cash forecast - Development of 13-week cash flow forecast as required under the DIP Agreement - Reconciliation of forecast to actuals results to date Activities during the day included: - Review of preliminary actual cash activity results for prior week - Analysis of estimated Restructuring Expenses paid in prior week, including discussions with accounting - Development of daily cash flow forecast for following two-week period - Preparation of information and presentation for Board meeting - Meeting with BBK and management re accounts receivable - Develop additional support for cash flow forecast through year-end Activities during the day included: - Analysis of prior week's actual cash flow results, including explanation of variances - Development of daily cash flow forecast through the end of August - Analysis of quarter-to-date actual cash flow results - Development of cash flow forecast through 1st quarter of 2007 - Discussions with D Jachcik and D Perryman re cash forecast - Discussions with Capstone re cash flows Activities during the day included: - Preparation of information re Lazard build-out of business plan, including conference call - Review of estimates and timing of collections of non-operating receipts - Development and analysis of pay down of DIP - Development of cash flow forecast through 1st quarter of 2007 - Discussions with M Masanovich re forecast for 2007

08/14/06

10.5

08/15/06

12.0

08/16/06

12.1

08/17/06

12.5

Page 52 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/18/06

HOURS 8.0

DAILY LOG Activities during the day included: - Comparison of sales for June/July based on data from invoice system versus financials - Update report on open pre and post-petition Letters of Credit - Analysis of potential OEM settlements and effect on cash forecast - Development of information for Lazard re POR financial projections Activities during the day included: - Development of cash flow forecast through March 2007 under various scenarios - Meeting with Capstone re review of cash flow forecast through March - Development of information for meeting with Lenders - Update analysis of Fabrics cash account and accrued cash account - Discussions with D Jachcik and D Perryman re cash receipts and disbursements - Analysis of updated Tooling cash forecast Activities during the day included: - Analysis of preliminary cash results for prior week - Development of daily two-week cash flow forecast - Analysis of updated A/R roll forward and DSO report - Discussions with A&M re cash flow forecast and actual results - Development of information for meeting with Lenders - Meeting with management re CapEx spend forecast - Update report on open issues and risks related to cash forecast Activities during the day included: - Analysis of cash results for prior week, including explanation of variances - Update analysis of cash flows for Fabrics through prior week - Development of information as requested by Alvarez - Discussions with Tooling group re receipts forecast - Update cash flow forecast through year-end based on updated assumptions - Analysis of updated Restructuring Expense forecast

08/21/06

11.0

08/22/06

13.2

08/23/06

12.3

Page 53 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/24/06

HOURS 12.5

DAILY LOG Activities during the day included: - Analysis of cash results for prior week, including explanation of variances - Update development of daily cash flow forecast for the following 3-week period - Discussions with Alvarez re cash flow forecast for Fabrics - Updated cash flow forecast through year-end based on actual results for the initial 3 weeks of August - Discussions with Capstone re cash flows - Update analysis of remaining CapEx through December 2006 Activities during the day included: - Update report on open issues in current cash flow forecast - Development of information as requested by Capstone - Reconciliation of cash forecast to financial projections based on 6+6 - Analysis of EBITDA in 6+6 forecast to 4+8 forecast Activities during the day included: - Review of current A/R roll forward analysis - Analysis of lease pricing for proposed copier lease - Analysis of updated report on Restructuring Expenses - Reconciliation of current cash flow forecast to previously distributed forecast - Update cash flow forecast through year-end under various assumptions Activities during the day included: - Reconciliation of Fabrics escrow and accrual balances - Conference call with Lazard re development of financial projections - Follow-up to call with Lazard re development of information on open issues - Update development of cash forecast through the 1st quarter - Analysis of sales and cash receipts for 3rd quarter - Meeting with J Heckman to discuss various tax issues - Development of presentation for Board meeting - Discussions with S Wiley re information for monthly reporting package related to debt

08/25/06

7.0

08/28/06

11.5

08/29/06

13.5

Page 54 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LYLE POTASH MANAGER PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT OF CASH FLOW MODELS AND FORECASTS REPORTING ACTUAL CASH RECEIPTS AND DISBURSEMENTS RESEARCHING AND ANALYSIS OF ACTUAL TO BUDGET VARIANCES DIP FINANCING REPORTING AND COMPLIANCE

DATE 08/30/06

HOURS 12.5

DAILY LOG Activities during the day included: - Analysis of cash results for prior week, including explanation of variances - Update analysis of cash flows for Fabrics through prior week - Update development of cash forecast through the 1st quarter - Analysis of cash balances in Mexico - Development of presentation for Board meeting - Discussions with Capstone re cash flow forecast and results

TOTAL

236.3

Page 55 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/01/06

HOURS 12.3

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics wind down production projections - Participating in and following up on discussions with K&E regarding the collection of Tsusho receivables - Participating in and following up on discussions with Gerald Jones regarding the Paint Roller sale, the Vegas product and the Gordon Brothers retention Activities of the day - Reading, analyzing and editing the wind down cash flow projections and the July actual to budget comparison - Participating in and following up on discussions with the Fabrics accounts receivable manager regarding the Tsusho collection attempts - Participating in and following up on discussions with Gordon Brothers regarding their retention to manage the sale of the assets - Preparing for, participating in and following up on a call with Tim Trenary regarding the Textron lease negotiations - Reading and analyzing the Fabrics past due accounts receivable report Activities of the day - Reading, analyzing and editing the wind down cash flow projections and the July actual to budget comparison - Participating in and following up on discussions with the Fabrics accounts receivable manager regarding the Tsusho collection attempts - Participating in and following up on discussions with Gordon Brothers regarding their retention to manage the sale of the assets - Reading, editing and analyzing the employee headcount figures and projections for the Fabrics wind down - Preparing for, participating in and following up on the weekly creditor call for the Fabrics wind down - Reading and editing the June MD&A for the Fabrics wind down

08/02/06

12.5

08/03/06

12.2

Page 56 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/04/06

HOURS 8.5

DAILY LOG Activities of the day - Reading, analyzing and editing the bid history document for the sale of the Paint Roller business - Participating in and following up on the Shawmut technology license as it relates to the sale of SWL - Preparing for and participating in Fabrics wind down status meeting with Gerlad Jones - Preparing for, participating in and following up on monthly financial performance meeting with Gerlad Jones, Jeff Kies and Millard King - Analyzing the excess equipment at Nashville Activities of the day - Reading, analyzing and editing the Fabrics wind down production projections - Participating in and following up on discussions with Gordon Brothers regarding their retention to manage the sale of the assets - Reading, editing and analyzing the employee headcount figures and projections for the Fabrics wind down - Analyzing the excess equipment at Nashville Activities of the day - Reading, analyzing and editing the Fabrics wind down production projections - Participating in and following up on correspondence with Michael O'Rourke, Amy Hijjawi and Steve Cargo regarding the GECC "Becker" Lease - Participating in and following up on Fabrics wind down status meeting with Fabrics management team - Participating in discussion with K&E regarding the SWL sale and the requirements to close the sale - Participating in discussions with Mick Herter regarding the sale of excess equipment at Westland and Manchester - Participating in discussion with Mark Lymbery and Steve Cargo regarding the sale of Williamston

08/07/06

12.4

08/08/06

12.6

Page 57 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/09/06

HOURS 9.2

DAILY LOG Activities of the day - Reading, analyzing and editing the Fabrics wind down cash flow projections - Reading, analyzing and editing the GECC excess equipment list - Participating in a meeting with Linda Ritchie regarding the Tsusho receivable - Participating in a meeting with the Fabrics Management team to develop a strategy to minimize risk on the Dorechester inventory build - Participating in and following up on conference calls with Mick Herter and Dan De Sabatian - Preparing for, participating in and following up on conference call with Woodbridge regarding the sale of the El Paso Facility - Preparing for and participating in a call with Susan Armstrong and Gordon Brothers regarding the sale of equipment at Nashville, Manchester and Westland Activities of the day - Reading, analyzing and editing the Fabrics wind down cash flow projections - Reading, analyzing and editing the GECC excess equipment list - Preparing for, participating in and following up on a meeting with Tsusho regarding collection of past due receivables - Participating in and following up on discussion with Susan Armstrong and Gordon Brothers - Preparing for, participating in and following up on the weekly creditor call regarding the wind down of Fabrics - Reading and analyzing the revised APA for the Paint Roller business - Participating in and following up on a meeting with the Fabrics management team on an offer to sell the Dorchester inventory to Woodbridge

08/10/06

9.5

Page 58 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/11/06

HOURS 8.4

DAILY LOG Activities of the day - Participating in and following up on a discussion with Micah Marcus regarding the sale of the Paint Roller business - Preparing for and participating in a discussion with Gerald Jones and Lewis Brewer regarding the Dorchester style - Participating in a meeting with Gerald Jones and Eddie Atkinson regarding the sale of equipment - Participating in and following up on a discussion with Bob Maroney of Gordon Brothers regarding the sale of excess equipment due to the wind down of Fabrics - Preparing for and following up on discussion with Chip Moore regarding the status of plant closures - Preparing for and participating in meeting with Gates Hurand, K&E, regarding GECC information request - Gathering and organizing information requested by GECC for the recharacterization litigation Activities of the day - Participating in and following up on a discussion with Micah Marcus regarding the sale of the Paint Roller business - Participating in meeting with Gerald Jones and Eddie Atkinson regarding the sale of equipment - Preparing for and following up on discussion with Chip Moore regarding the status of plant closures - Gathering and organizing information requested by GECC for the recharacterization litigation

08/14/06

11.5

Page 59 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/15/06

HOURS 12.1

DAILY LOG Activities of the day - Participating in and following up on a meeting with the Fabrics Management Team regarding a yarn issue concerning the Dorchester style - Reading, analyzing and editing a schedule of all leases and potential claims relating to a hypothetical liquidation of C&A - Reading and analyzing the Fabrics wind down cash flow - Participating in and following up on a discussion with Tara Kwon regarding executory contracts - Participating in discussions with Charlie Manis regarding the closure of the Nashville Facility - Participating in and following up on a discussion with Bret Fernandes regarding the C&A liquidation analysis - Read and analyzed the comparison of the assets included in the two offers to purchase the Paint Roller business - Preparing for, participating in and following up on discussions with Kristen Schweninger regarding the lease assets and strategy for disposing of excess equipment - Gathering information as requested by GECC relating to the recharacterization legal issue Activities of the day - Participating in and following up on a discussion with Mark Lymbery and Bret Fernandes relating to a hypothetical liquidation of C&A - Reading and analyzing the Fabrics wind down cash flow - Reading and analyzing the Fabrics Past Due Accounts Receivable Report - Preparing for and participating in a meeting with Linda Ritchie regarding the collections of Fabrics accounts receivable - Participating in discussion with Rick Kibbey and Kristen Schweninger regarding the closure of the Nashville, Westland and Manchester plants - Participating in and following up on a discussion with Scott Zemnick regarding the status of the Gordon Brothers retention for Westland and Manchester and various issues regarding the wind down of Fabrics - Participating in discussions with Micah Marcus regarding the sale of assets in the course of the wind down of Fabrics - Participating in and following up on call with Orix regarding leased equipment

08/16/06

12.1

Page 60 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/17/06

HOURS 11.7

DAILY LOG Activities of the day - Preparing for, participating in and following up on the weekly creditor call regarding the wind down of Fabrics - Reading and analyzing the Fabrics wind down cash flow - Preparing for and participating in a discussion with MaryAnn Wright and Tsusho regarding the prepetition accounts receivable Activities of the day - Participating in and following up on the weekly creditor call regarding the wind down of Fabrics - Reading and analyzing the Fabrics wind down cash flow - Reading, analyzing and editing a proposal to Tsusho regarding the settlement of accounts receivable and accounts payable relating to the Fabrics business division Activities of the day - Reading, analyzing and editing a proposal to Tsusho regarding the settlement of accounts receivable and accounts payable relating to the Fabrics business division - Reading and analyzing the accounts receivable past due report for the Fabrics business division - Preparing in and following up on a status meeting with the Fabrics management team - Reading and analyzing the revised Accounts Receivable Past Due Report - Participating in and following up on a status meeting with Fabrics management and Kirkland and Ellis regarding the collection of Fabric's accounts receivable - Reading, analyzing and editing the analysis of leased equipment at Williamston

08/18/06

8.4

08/21/06

12.4

Page 61 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/22/06

HOURS 12.1

DAILY LOG Activities of the day - Preparing for, participating in and following up on discussion with K&E regarding the closing of the SWL sale and the timing of the excess equipment notification to GECC - Participating in discussion with Bob Bertsch, Mick Herter and Rick Kibble regarding the excess equipment at Manchester, Westland and Nashville - Reading, editing and analyzing the schedule of all asset sale notice requirements - Preparing for and participating in discussions with the lead candidate to purchase the Paint Roller business regarding the transition alternatives - Preparing for, participating in and following up on discussions with Gordon Brothers regarding the sale of the Farmville facility, the retention agreement regarding Westland, Manchester and Williamston - Preparing for and participating in discussions with Oryx regarding the disposal of excess equipment Activities of the day - Reading and analyzing the revised APA for the sale of the Paint Roller business - Reading and analyzing the Fabrics wind down production plan - Participating in discussion with K&E regarding the sale of the Paint Roller business - Participating in and following up on discussion with Scott Crook, GMAC, regarding leased equipment - Participating in and following up on discussion with Terry Standifer, Oryx, regarding leased equipment - Reading, analyzing and editing the cash flow forecast for the Fabrics wind down - Prepared documents for GECC discovery request - Participated in discussion with Jennifer Heckman to ensure that Fabrics asset sales were being reported to the property tax advisor to ensure tax payments are not made against sold assets

08/23/06

11.8

Page 62 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/24/06

HOURS 12.3

DAILY LOG Activities of the day - Preparing for, participating in and following up on the Fabrics weekly call with creditors - Preparing for, participating in and following up on discussion with Micah Marcus regarding the paint roller APA and creditor concerns - Reading, analyzing and editing the Fabrics wind down cash flow - Reading, analyzing and editing the Fabrics Past Due Accounts Receivable Schedule - Preparing for and participating in meeting with Gerald Jones regarding the human resource needs of the wind down for the month of September - Preparing for, participating in and following up on conference call with Plastics team regarding the closure of Manchester, Westland and Nashville - Read, analyzed and edited the employee termination schedule for the Fabrics division Activities of the day - Preparing for, participating in and following up on discussion with Micah Marcus regarding the paint roller APA and creditor concerns - Reading, analyzing and editing the Fabrics Past Due Accounts Receivable Schedule - Preparing for, participating in and following up on conference call with Plastics team regarding the closure of Manchester, Westland and Nashville - Read, analyzed and edited the employee termination schedule for the Fabrics division Activities of the day - Reading, analyzing and editing the employee termination schedule for the Fabrics division - Reading, analyzing and editing the Gordon Brothers agreement regarding the sale of assets at Westland, Manchester and Nashville - Participating in and following up on discussions with Mayer Textiles regarding the debt for machinery swap - Preparing for, participating in and following up on a discussion with Gerald Jones regarding the Fabrics wind down status

08/25/06

8.5

08/27/06

5.2

Page 63 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/28/06

HOURS 12.1

DAILY LOG Activities of the day - Reading, analyzing and editing the employee termination schedule for the Fabrics division - Reading, analyzing and editing the Gordon Brothers agreement regarding the sale of assets at Westland, Manchester and Nashville - Participating in and following up on discussions with Mayer Textiles regarding the debt for machinery swap - Preparing for, participating in and following up on a discussion with Gerald Jones regarding the Fabrics wind down status - Preparing for, participating in and following up on a discussion with Mark Valerius regarding the collection of benefit information for the Fabrics wind down cash flow - Participating in and following up on a meeting with Gates Hurand of K&E regarding the GECC litigation Activities of the day - Preparing for, participating in and following up on discussion regarding the Di Minimis Asset sale notices related to the Fabrics wind down - Participating in and following up on discussion with John Newman regarding the sale of the Paint Roller business - Participating in discussions with Eddie Atkinson regarding the asset sales relating to the wind down of the Fabrics business - Reading and analyzing the production schedule for the final week of Fabrics production - Participating in and following up on discussion with Dave Orlofsky regarding the Textron lease - Participating in discussions with Capstone regarding the Gordon Brothers retention for the sale of assets at Westland, Nashville and Manchester - Participating in discussions with the FA and counsel to the Committee regarding the Gordon Brothers retention for the sale of assets at Westland, Nashville and Manchester - Reading, analyzing and editing proposal scenarios for the Textron restructuring

08/29/06

11.8

Page 64 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 TADD CRANE MANAGER PRIMARY AREA OF RESPONSIBILITY MANAGEMENT OF PROCESS OF SALE OF EXCESS ASSETS IMPLEMENTATION AND MANAGEMENT OF wind DOWN PLAN FOR FABRICS DIVISION MANAGEMENT OF EQUIPMENT LEASE DATABASE DEFINING AND VALIDATING COST REDUCTION INITIATIVES (LEASES)

DATE 08/30/06

HOURS 9.3

DAILY LOG Activities of the day - Reading, analyzing and editing the cash flows for the Fabrics wind down - Participating in and following up on meeting with Fabrics management team regarding the recovery of inventory values - Reading, analyzing and editing proposal scenarios for the Textron restructuring - Participating in and following up on discussion with Richard Stehl regarding the GMAC lease - Preparing for and participating in discussions with Capstone regarding the Gordon Brothers agreement to sell assets at Westland, Williamston and Manchester Activities of the day - Reading, analyzing and editing the cash flows for the Fabrics wind down - Reading and analyzing the production plan for the Fabrics wind down - Participating in and following up on meeting with the creditors regarding the wind down of Fabrics - Reading, editing and analyzing the uncollectible accounts receivable analysis - Participating in and following up on discussion with Richard Stehl regarding the GMAC lease - Preparing for and participating in discussions with C&A Plastics plant closure team regarding the closure of the Westland, Manchester and Nashville facilities - Reading, analyzing and editing the Gordon Brothers Commissions Earned Schedule for the Fabrics project for the month of August - Reading, analyzing and editing a proposal to Oryx regarding a settlement of the master lease issue

08/31/06

12.4

TOTAL

261.3

Page 65 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 08/01/06

HOURS 12.3

DAILY LOG Activities during the day included: - Participate in meetings with Europe Administrators regarding International Claims - Prepare international claims packages - Discussions regarding tooling vendor issues Huron and Hallmark Activities during the day included: - Participate in meetings with Europe Administrators regarding International Claims - Prepare international claims packages Activities during the day included: - Participate in meetings with Europe Administrators regarding International Claims - Prepare international claims packages Activities during the day included: - Reviewed and organized support for international claims - Review and analyze post petition AR balances and DSO calculation - Reviewed and analyze status of Honda AR settlement - Review and analyze status of Nissan aged receivables - Review and analyze status of small customer collections efforts Activities during the day included: - Coordinate work efforts and plan week - Review Mobis and Magna final stipulations - Review GECC payoff stipulation - Work with client and counsel to analyze pre-petition tooling issues - Discussion with Kraft regarding Nissan aged AR - Prepare international claims packages Activities during the day included: - Reviewed and organized support for international claims - Meeting with BBK regarding various customer AR reconciliations - Review and analyze ATB for week ending 8-4-06 - Prepare JPM BBC for week ending 8-4-06 - Review reconciliation efforts for JCI - Review reconciliation efforts for Honda

08/02/06

12.0

08/03/06

11.6

08/04/06

8.7

08/07/06

9.8

08/08/06

11.4

Page 66 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 08/09/06

HOURS 11.5

DAILY LOG Activities during the day included: - Discussion with AR group to strategize on collection outstanding AR - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues - Review status of AAI payment terms Activities during the day included: - Discussion with AR group to strategize on collection outstanding AR - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues - Review AR documents for meetings with Capstone - Review Nissan AR issue Activities during the day included: - Prepare data to support international claims - Prepare international claims summary for Disclosure Statement Activities during the day included: - Prepare data to support international claims - Review AR documents for meetings with Capstone - Review Nissan AR issue - Prepare week end BBC Activities during the day included: - Reviewed and organized support for international claims - Review and analyze data for JPM BBC - Finalize and send month ended BBC - Review and analyze status of JCI reconciliation Activities during the day included: - Prepare data to support international claims - Review AR documents for meetings with Capstone - Review status of GECC securitization - Review Nissan database used to apply cash

08/10/06

11.2

08/11/06

8.2

08/14/06

9.9

08/15/06

11.9

08/16/06

12.0

Page 67 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 08/17/06

HOURS 9.7

DAILY LOG Activities during the day included: - Prepare data to support international claims - Review GECC securitization stipulation - Conference call regarding status of Global Soft Trim AR - Review of database to support Nissan $1.6M issue Activities during the day included: - Discussion with JCI regarding reconciliation Activities during the day included: - Revise July Month End BBC - Prepare data to support international claims - Review transition services agreement in relation to phone charges - Review Huron Tooling data for Carson Fischer analysis Activities during the day included: - Reviewed and organized support for international claims - Review and analyze customer AR accounts - Review status of GECC securitization - Prepare strategy with counsel regarding JCI claims - Discuss status of Nissan $1.6M issue Activities during the day included: - Discussion with Capstone regarding pre and post petition AR - Prepare data to support international claims - Work with client to prepare support pre-petition tooling issues - Prepare week end JPM BBC - Working with BBK regarding Mercedes pre-petition AR Activities during the day included: - Discussion with AR group regarding AAI settlement - Prepare data to support international claims - Work with client to prepare support pre-petition tooling issues - Review status of JCI setoffs - Working with BBK regarding Mercedes pre-petition AR

08/18/06

1.0

08/21/06

9.4

08/22/06

12.0

08/23/06

11.8

08/24/06

9.0

Page 68 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK CERVI MANAGER PRIMARY AREA OF RESPONSIBILITY PRE-PETITION GECC A/R SECURITIZATION OVERSIGHT OF TREASURY FUNCTION (RECEIVABLES MANAGEMENT) MONITORING OF EUROPEAN ADMINISTRATION PROCESS AND MANAGEMENT OF RECOVERY EFFORT

DATE 08/28/06

HOURS 11.5

DAILY LOG Activities during the day included: - Discussion with AR group on past due customers - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues - Review GECC loan balance Activities during the day included: - Discussion with AR group on past due customers - Prepare data to support international claims - Work with client and counsel to analyze pre-petition tooling issues - Review GECC loan balance Activities during the day included: - Prepare data to support international claims - Review international claims notices - Work with client and counsel to analyze pre-petition tooling issues - Prepare week end JPM BBC Activities during the day included: - Prepare data to support international claims - Discussion regarding pre-petition Tooling issues - Review status of GECC securitization - Discussion regarding GE relief of stay and CIA adversary regarding Tooling

08/29/06

12.2

08/30/06

11.3

08/31/06

9.5

TOTAL

227.9

Page 69 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/01/06

HOURS 8.5

DAILY LOG Activities during the day included: - Participate in all day meeting with Capstone and Havre de Grace, MD plant management Activities during the day included: - Analysis of forecast prepared by potential buyer for C&A Williamston plant and comparison to C&A forecast - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Prepare potential liquidation analysis of certain C&A facilities - Update Williamston forecast through FY 2009 for latest program, revenue and expense assumptions - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Prepare potential liquidation analysis of certain C&A facilities - Update Williamston forecast through FY 2009 for latest program, revenue and expense assumptions - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Analyze and discuss cure cost analysis with C&A management and KZC project team - Read, evaluate and discuss Williamston Phase I environmental study re: potential buyer question Activities during the day included: - Read, evaluate and discuss Williamston Phase I environmental study re: potential buyer question - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Discuss potential sale of C&A Williamston plant with C&A management and KZC team

08/02/06

9.5

08/03/06

10.5

08/04/06

8.5

08/07/06

8.5

08/08/06

10.5

Page 70 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/09/06

HOURS 10.3

DAILY LOG Activities during the day included: - Participate in all day meeting with Capstone and Athens, TN plant management - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update Williamston forecast through FY 2009 for latest program, revenue and expense assumptions - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Preparation and review of due diligence materials relating to potential sale of C&A Williamston plants - Update Williamston forecast through FY 2009 for latest program, revenue and expense assumptions - Discuss potential sale of C&A Williamston plant with C&A management and KZC team Activities during the day included: - Analyze potential impact of certain program changes to Williamston forecast - Preparation of list of secured and priority claims for trade and tooling team - Update Williamston Intralinks due diligence site with latest information Activities during the day included: - Analyze potential impact of certain program changes to Williamston forecast - Preparation of list of secured and priority claims for trade and tooling team Activities during the day included: - Prepare analyses of certain large claims - Communicate with Capstone regarding Williamston forecast and business plan - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate

08/10/06

11.5

08/11/06

9.0

08/14/06

6.0

08/15/06

10.5

08/16/06

11.2

Page 71 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/17/06

HOURS 10.6

DAILY LOG Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Communicate with KZC team regarding potential liquidation values of Williamston equipment - Prepare potential liquidation analysis of certain C&A facilities - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate - Communicate with Capstone regarding Williamston revenue forecast - Communicate with KZC team regarding potential KERP and severance expenses Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare potential liquidation analysis of certain C&A facilities - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate - Prepare schedule of executory claims Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate

08/18/06

8.7

08/21/06

8.5

08/22/06

10.7

Page 72 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/23/06

HOURS 9.3

DAILY LOG Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate - Communicate with KZC team regarding OEM claims - Revise and update analysis of potential OEM claims for KZC team - Analyze and discuss cure cost analysis with C&A management and KZC project team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate - Communicate with C&A management and KZC team regarding Williamston equipment stip values Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare list and schedule of all OEM claims for Capstone - Work with C&A management to provide OEM claims to Capstone - Prepare schedule of Williamston salary expenses and shared expenses with Owosso plant - Prepare analysis potential expenses and benefits to shift programs from Williamston plants to other C&A plants Activities during the day included: - Prepare and update environmental claims estimate for secured lenders and communicate with K&E, C&A and KZC regarding estimate - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare analysis of potential expenses and benefits to shift programs from Williamston plants to other C&A plants - Prepare schedule of Williamston salary expenses and shared expenses with Owosso plant

08/24/06

11.2

08/25/06

8.4

08/28/06

8.3

Page 73 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 DANA FRAZIER MANAGER PRIMARY AREA OF RESPONSIBILITY CLAIMS ANALYSIS, ESTIMATION AND RECONCILIATION ASSISTANCE IN ASSET SALE PROCESS ASSISTANCE IN AND SUPPORT OF INVESTOR DUE DILIGENCE

DATE 08/29/06

HOURS 9.2

DAILY LOG Activities during the day included: - Prepare analyses of OEM claims for Capstone - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team Activities during the day included: - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team - Prepare analysis and binder containing all detailed program level bill of material analyses supporting Williamston forecast Activities during the day included: - Prepare summary claims analysis used by C&A management and KZC for claims update meeting with Alvarez & Marsal - Discuss potential sale of C&A Williamston plant with C&A management and KZC team - Prepare updates to C&A claims database with relevant information from C&A claims team - Research and provide answer to Alvarez and Marsal regarding detail behind total administrative expenses in Disclosure Statement

08/30/06

9.6

08/31/06

9.5

TOTAL

218.5

Page 74 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 08/01/06

HOURS 11.0

DAILY LOG Activities during the day included: - Rolled out New BOS System to Saltillo plant - Spoke to D. Sebest re. BOS System problem caused by change in proxy settings - Created User IDs for individuals accessing DOS templates and reports - Spoke to BOS/DOS users re. system access problems - Created DOS Plant Submission Report - Revised DOS Report to allow for more efficient update Activities during the day included: - Spoke to D. Sebest re. BOS security concerns and saving DOS reports to Company folder - Revised DOS Plant Submission Report - Revised charts on DOS Report - Rolled out New BOS to Gananoque, Scarborough, Mississauga, Brampton and Port Huron - Spoke to L. Brantley re. difference in headcount per Finance vs. BOS Systems Activities during the day included: - Replaced Pivot charts in BOS Report with Excel charts to allow for more efficient updating - Revised model allowing information to be sent from the Finance Cube to the BOS Cube so that all Plastics Plant data may be transferred at once - Responded to DOS users' general questions Activities during the day included: - New BOS roll-out to Owosso, Williamston, Havre de Grace, Morristown and Rantoul - Reviewed BOS users as part of security overview - Prepared DOS package of Plant Submission Report and Plant Reports for VPOs Activities during the day included: - Resolved DOS submission problems - Collected and formatted July time entries - Updated CNO for Third Interim Fee Application - Submitted CNO for June Fee Application for filing - Updated Saltillo BOS Report - Reviewed DOS submissions

08/02/06

12.5

08/03/06

12.1

08/04/06

8.3

08/07/06

11.2

Page 75 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 08/08/06

HOURS 13.3

DAILY LOG Activities during the day included: - Resolved DOS submission problems - Collected and formatted July time entries - Updated DOS reports for all plastics plants to be given to the VPOs - Created DOS listing of issues to be addressed by the VPOs Activities during the day included: - Revised DOS listing of issues to be addressed by the VPOs - Updated BOS Reports for Columbia, Rantoul, Port Hope and Mississauga - Rolled out BOS to Hermosillo - Uploaded Finance information to BOS Cube - Revised BOS Plant Submission Report Activities during the day included: - Uploaded Finance information to BOS Cube - Reviewed formulas and formatting in BOS Report - Responded to BOS/DOS questions from users - Updated DOS Listing of Issues/Trends - Created OutlookSoft User Instruction Sheet Activities during the day included: - Spoke to D. Martindale re. Premium Freight info on ERC - Clarified DOS submissions with plastics plants - Revised DOS listing of issues and trends - Printed DOS Report for each plant Activities during the day included: - Meeting with VPOs re. how to use OutlookSoft to access BOS/DOS Reports - Spoke to D. Sebest re. saving BOS Report and Plant Submission Report to Report Library - E-mailed BOS/DOS Coordinators re. how to access reports through OutlookSoft - Spoke to A. Kaz re. July time descriptions - Spoke to T. Forton re. safety formulas - Responded to BOS/DOS questions from plants

08/09/06

12.6

08/10/06

12.7

08/11/06

7.8

08/14/06

12.0

Page 76 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 08/15/06

HOURS 11.5

DAILY LOG Activities during the day included: - Responded to BOS/DOS questions from plants - Met with J. Baldarotta, S. St.Clair and L. Smith to roll out New BOS to Americus, Farmington and Evart - Followed up with plastics plants re. BOS submissions - Created DOS report that rolls up daily inputs into an average for each week Activities during the day included: - Revised DOS Report that rolls up daily inputs into an average for each week - Created DOS Report of cumulative averages from July 31 start date - Calculated DOS targets based upon best weekly average submitted thus far - Responded to BOS/DOS questions from plants - Carried out administrative DOS tasks (i.e. locking system and creating user IDs) - Corresponded with J. Mackie re. filing of CNO and order granting third interim application Activities during the day included: - Revised DOS report of cumulative averages - Followed up with plants re. BOS inputs and updated Submission Status Report - Updated DOS Issues/Trends Report - Responded to BOS/DOS questions from plants - Met with D. Sebest to discuss advancing BOS/DOS user security Activities during the day included: - Updated DOS Issues/Trends Report - Followed up with Plastics Plants on BOS submissions - Revised BOS Submission Status Report - Responded to BOS/DOS questions from plants - Met with D. Sebest and determined how to limit a BOS/DOS user's write access Activities during the day included: - Spoke to D. Sebest re. security of BOS/DOS accounts - Resolved BOS/DOS system problem re. plant's ability to submit information - Responded to BOS/DOS questions from plants - Rolled forward DOS Template - Reviewed BOS Issues/Trends listing and BOS Reports - Revised and reformatted time descriptions for July fee application

08/16/06

10.8

08/17/06

11.9

08/18/06

7.6

08/21/06

10.6

Page 77 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 08/22/06

HOURS 11.2

DAILY LOG Activities during the day included: - Reviewed and revised BOS/DOS user list - Prepared July fee application cover letter - Followed up with Plastics Plants on BOS submissions - Revised DOS Report of average daily metrics by week - Responded to BOS/DOS questions from plants Activities during the day included: - Spoke to A. Behr regarding BOS/DOS Reports for sequencing plants - E-mailed VPOs and plastics plant managers re. BOS user security - Responded to BOS/DOS questions from plants - Updated BOS Issues/Trends Report - Updated DOS Issues/Trends Report Activities during the day included: - Confirmed BOS/DOS users with plastics plant managers - Created listing of changes to be made to BOS/DOS users - Responded to BOS/DOS questions from plants - Placed phone calls with L. Smith to plastics plants that have high inventory levels - Updated BOS and DOS Issues/Trends Reports Activities during the day included: - Conference call with VPOs and L. Smith to discuss BOS/DOS metrics - Revised formatting and reviewed formulas on BOS/DOS Reports - Responded to BOS/DOS questions from plants - Updated Exhibits to be included in Fourth Interim Fee Application for May - July - Reviewed how to limit read/write access by user, by plant in OutlookSoft Activities during the day included: - Revised and formatted individuals' time descriptions for July fee application - Responded to BOS/DOS questions from plants - Spoke to C. Weldy re. integrity of BOS information - Spoke to D. Sebest re. saving DOS Weekly Average Report to OutlookSoft - Reviewed ability of OutlookSoft to accept text inputs as data inputs - Assisted P. Agrawal in obtaining uninvoiced commitments and future billing information

08/23/06

11.6

08/24/06

9.5

08/25/06

7.5

08/28/06

10.8

Page 78 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 JULIE BLACK ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DEVELOPMENT AND IMPLEMENTATION OF BOS AND DOS REPORTS (PLASTICS) PLANT PROFITABILITY AND PERFORMANCE ASSESSMENT ANALYSES (PLASTICS)

DATE 08/29/06

HOURS 12.5

DAILY LOG Activities during the day included: - Revised and formatted individuals' time descriptions for July fee application - Updated listing of changes to be made to BOS/DOS users - Responded to BOS/DOS questions from plants - Meeting with J. Crothers, T. Woody and L. Smith re. TEG facility - Met with M. Vincent re. creation of plant sales volume template - Created plant sales volume template - Met with D. Sebest to limit BOS/DOS user write access by plant - Added Inventory Days (calculated by month) metric to BOS Report Activities during the day included: - Finalized and mailed July fee application - Reviewed COGS as calculated in BOS and the Finance System - Reviewed complexity of OutlookSoft Comment add-in software - Responded to BOS/DOS questions from plants - E-mailed User ID maintenance form to new BOS/DOS users - Created new BOS/DOS IDs for users Activities during the day included: - Call with C. Weldy and L. Smith re. Cost of Sales calculation in BOS - Pulled Gross Profit information from Finance System and saved to BOS - Revised Inventory Turnover and Inventory Days calculations in BOS - Responded to BOS/DOS questions from plants - Updated DOS Issues/Trends Report

08/30/06

11.9

08/31/06

10.6

TOTAL

251.5

Page 79 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/01/06

HOURS 13.5

DAILY LOG Activities during the day included: - Met with tooling team to review items for immediate attention and the following week's agenda items - Reviewed the status of the DCX program's unapplied cash and items to be re-invoiced with Nelson Yanick - Directed GM segregated tooling account cash reconciliation activities - Composed parts of the tooling PowerPoint summary to present to Capstone - Continued analysis to link Ford's receivable invoices to their payables Activities during the day included: - Discussed potential alternatives with Steve Hull to update system data and refresh cubes - Worked with Jason Stema to determine the difference between the receivables notebook he manages and the invoicing data from the CMI database - Directed GM segregated tooling account cash reconciliation activities - Met with Virginia Kopek and Sherry Hollis to review next steps in the allocation of Ford credit and debit memos in the ATB Activities during the day included: - Met with Steve hull to discuss which resources are necessary to update data sources and cubes - Identified invoices with Jason Stema that should be removed from the tooling ATB - Performed analysis required to update the tooling cash forecast schedules - Met with Scott St. Clair and Chris O'Connell to review status of tooling operations Activities during the day included: - Met with Mary Ann Wright, Nelson Yanick, John Smail and others to discuss outstanding Ford and DCX commercial issues - Updated tooling cash forecast and made adjustments based on comments from business managers - Met with Nelson Yanick and Virginia Kopke to reconcile the disconnect regarding the amounts of the invoices to be sent to DCX for payment - Met with Scott St. Clair and Tim Brown to review the current status of tooling and to formulate a go forward strategy for the group

08/02/06

14.3

08/03/06

11.5

08/04/06

8.0

Page 80 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/07/06

HOURS 9.5

DAILY LOG Activities during the day included: - Reviewed the presentation regarding the status of tooling that will be presented as an overview to Capstone with the KZC team - Met with the Capstone team, Scott St. Clair, Tim Brown and others to review progress on tooling programs - Reviewed outstanding issues and outlined future steps for incorporating C&A team members into tooling initiatives - Began reviewing one page summary output and updating figures to represent most recent data Activities during the day included: - Performed analysis to list outstanding GM invoices, tools associated with those invoices and corresponding obligations - Edited one page program summaries - Met with Sherry Hollis about identifying unapplied tooling cash - Organized conference calls with vendors regarding payaround confirmations Activities during the day included: - Edited one page program summaries - Worked to list outstanding GM invoices, tools and obligations - Had discussions with directly paid vendors regarding payaround confirmations. Brought Tim Brown into the effort by giving him the remaining confirmations to procure - Met with Nelson Yanick to discuss the allocation of the $10 DCX wire Activities during the day included: - Met with Steve Hull to begin the process of updating data sources and running queries specific to extracting GM tools and invoices - Participated in a meeting with Mary Ann Wright, John Smail, Scott St.Clair and others regarding Ford tooling POs outstanding - Revised tooling cash flow forecast to incorporate new information on amount estimates and cash flow timing - Continued work on compiling GM invoice detail

08/08/06

12.0

08/09/06

12.4

08/10/06

12.5

Page 81 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/11/06

HOURS 8.0

DAILY LOG Activities during the day included: - In an effort to devise a method to make the links between invoices given to C&A's customer and associated TPOs and tools, met with Virginia Kopke to discuss the potential information provided on invoice and billing request documentation. Also, met with Scott Jeffers and Joan Carlson to extract data matching existing TPOs to tools amongst other data linkages - Met with Tim Brown to discuss go forward steps to filling out the rest of the data matches - Continued the GM outstanding invoice and tool analysis Activities during the day included: - Continued the GM outstanding invoice and tool analysis - Outlined next steps and data requests to continue the GM invoice walkacross Activities during the day included: - Performed an analysis to determine the amount of spend generally incurred on GM third parties verses internal tool shops - Directed work on the GM segregated tooling account reconciliation - Continued work on the GM invoice and tool analysis. Began the process of having the outstanding GM invoices copied and compiled for handoff to GM Activities during the day included: - Met with Virginia to discuss the status of GM invoices and any issues we will come across in compiling a complete list of outstanding invoices - Discussed the mismatch of TPOs with Kara Canton - Met with Lonnie Williams of BBK to discuss and ultimately relax the documentation requirements for payment of outstanding GM invoices - Met with Chris O'Connell about pulling more resources into the GM invoice compilation effort - Had a conference call with Steve Hull and Larry Johnson regarding the source of tooling data - Reviewed GM remittance information for recent cash inflow

08/13/06

2.0

08/14/06

11.0

08/15/06

11.8

Page 82 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/16/06

HOURS 11.8

DAILY LOG Activities during the day included: - Met with Chris O'Connell and Mike Ripper to discuss ED&D allocation within tooling - Progressed work on compiling GM invoices for delivery as well as the outstanding invoices TPO and tool match - Met with Kara Canton and Mary Auckland about vetting an analysis for a HS Die meeting on Friday as well as a reconciliation for an upcoming Ford related meeting - Met with Scott St. Clair and Tim Brown regarding Friday's HS Die meeting and joining Tim's weekly tooling meeting Activities during the day included: - Directed the work effort to compile copies of outstanding GM invoices with Virginia, Kyle Caress and Bill Janowosky - Met with Mary Auckland and Kara Canton regarding the HS Die $8M payable claim reconciliation to C&A's records - Continued to retrieve GM invoice detail data and backup information for BBK to begin their investigation into outstanding invoices to be paid Activities during the day included: - Met with Mary Auckland, Scott St. Clair and Jeff Hearn from HS Die to address outstanding payables to HS Die - Met with John Boken regarding the status of Ford invoices and preparation for upcoming Ford meetings - Directed continued work on the segregated tooling account bank reconciliation Activities during the day included: - Met with S. St.Clair, Tim Brown, Bret Fernandes to review tooling progress and outline next steps - Worked on Ford AR to AP reconciliation. Outlined strategy for completing analysis and determined who the best internal resources for this initiative are. - Met with Kara Canton to outline the best way to approach Ford invoice analysis and assign next step tasks

08/17/06

11.9

08/18/06

8.0

08/21/06

10.5

Page 83 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/22/06

HOURS 12.5

DAILY LOG Activities during the day included: - Met with Tony Hirth to discuss and resolve lean and payment issues regarding Lorro and JSP - Met with Chris O'Connell, Mike Ripper and Bret Fernandes to review a host of tooling issues including cash forecasting, Ford direct payments, and institutionalizing the creation of reports - Continued work on vetting all Ford Invoices, extracting the most recent vendor direct payments, and number of tools created internally Activities during the day included: - Met with Virginia to track Ford invoices and payments to Hermosillo - Met with Scott St. Clair, Chris O'Connell, and Bill Murphy to review our position on Ford invoices and decide which resources are needed to gain more insight into validity of receivables - Participated in a board meeting with C&A's lawyers, management and other advisors - Performed analysis of the age trial balance for all major customers and estimated set offs associated with each receivable balance - Met with Nelson Yanick to better understand the allocation of the DCX wire across existing invoices and the behavior of receivables on the ATB that are classified as "pre-bills" Activities during the day included: - Meeting with Virginia Kopke and Bill Janowsky regarding the compilation of Ford invoices - Performed and directed the segregated tooling account reconciliation analysis for both GM and DCX - Worked to update the tooling cash flow model - Developed a list of outstanding invoices for DCX and the associated TPOs Forwarded this analysis to Nelson Yanick in order for his team to allocate the unapplied billings and $10M wire across appropriate invoices Activities during the day included: - Completed the GM segregated tooling account bank reconciliation - Communicated with appropriate individuals to transfer the appropriate cash amount into the concentration account from the GM account - Worked with Tony Hirth to address the Lorro/JSP tooling payment and possession issue

08/23/06

12.3

08/24/06

13.5

08/25/06

8.0

Page 84 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 PUNEET AGRAWAL ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF TOOLING OPERATIONS AND WORKING CAPITAL REQUIREMENTS RECONCILIATION OF CUSTOMER TOOLING PURCHASE ORDERS AND RELATED COMMITMENTS SUPPORT OF ALL TOOLING RELATED INITIATIVES

DATE 08/28/06

HOURS 9.0

DAILY LOG Activities during the day included: - Updated the tooling cash forecast analysis - Performed an analysis on third party obligations associated with GM programs - Prepared all analyses for presentation for meeting with the CEO around tooling receivables also involving creating a break down by program of invoiced, uninvoiced commitments and potential future billings Activities during the day included: - Reviewed tooling forecast in preparation for meeting with C&A's CEO - Met with Nelson Yanick to understand his team's analysis regarding the DCX receivables and set off allocations - Reviewed lien release materials from GM/BBK in preparation for in depth discussions regarding the payment of outstanding receivables Activities during the day included: - Met with Veena Lovelace in order to have an analysis on payables performed which incorporated tool information - Met with Rick Onisko regarding GM payments and procuring invoices directly from the plants - Met with Gerry Fowler regarding support from the business units on matching GM supplier invoices to customer invoices - Continued the analysis to match customer invoices to vendor invoices Activities during the day included: - Meeting with Mary Ann Wright, Scott St. Clair, Brian Tinney to discuss the support needed from the commercial group for getting tooling invoices paid - Performed an analysis on future billings and segregated those amounts by both customer and program. Assessed the prominence of the DCX progress billings in those figures - Met with Veena Lovelace to review the data link to supplier invoice from customer invoice - Met with Larry Litchman and Bill Murphy regarding GM pre-petition invoices and determined the most appropriate way to approach BBK's documentation demands

08/29/06

10.5

08/30/06

13.5

08/31/06

11.5

TOTAL

259.5

Page 85 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ELIZABETH KARDOS MANAGING DIRECTOR PRIMARY AREA OF RESPONSIBILITY CASE ADMINISTRATION

DATE 08/01/06 08/02/06 08/03/06 08/04/06

HOURS 0.5 0.5 0.5 0.7

DAILY LOG Conference call with Stanfield Capital re: A. Kaz Conference call with counsel and Stanfield Capital re: A. Kaz Review of draft notice and supplemental affidavit re: A. Kaz Discussions with KZC staff and revisions to draft notice and supplemental affidavit re: A. Kaz Finalized supplemental affidavit re: A. Kaz and letter to J. Emswiler re: confidentiality obligations Review of draft supplemental affidavit re: J. Emswiler Finalized supplemental affidavit re: J. Emswiler

08/07/06

0.5

08/09/06 08/11/06 TOTAL

0.2 0.3 3.2

Page 86 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LUBIN MANAGER PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS

DATE 08/14/06

HOURS 5.5

DAILY LOG Activities during the day included: - Meeting with Satish Patel and Norm Hewitt to discuss the year end plan and forecast processes - Met with Norm Hewitt who provided overview of CMI accounting software - Performed initial review of 6+6 forecast Activities during the day included: - Met with Satish Patel to discuss 4+8 forecast - Prepared June 06 actual v forecast variance analysis - Performed initial review of 4+8 forecast - Met with Satish Patel and Norm Hewitt to discuss process of validating forecast pricing, allocation rates, packing costs and volumes used in forecasts - Reviewed Guelph second quarter variable contribution margin analysis Activities during the day included: - Analyzed Guelph 6/30/06 income statement - Met with Norm Hewitt to discuss manufacturing variances reported on the income statement, BATS standard pricing methodology and standard / engineered costing - Met with Satish Patel and Greg McDonald to discuss OEM's weekly EDI release data, material requirements planning and methodology utilized to prepare 6+6 sales forecast - Reconciled 6/30/06 Guelph income statement to June numbers in 6+6 forecast Activities during the day included: - Analysis and other work related to the preparation of Revenue and EBITDA Bridges, actual to 6+6 forecast, for the period 12/31/05 to 12/31/06 - Analysis and other work related to employer contribution of pensions, taxes, employment insurance for hourly employees - Met with Greg McDonald to discuss volume and pricing changes occurring in '06 - Met with Ari Hirvi, payroll manager, to discuss analysis employer contributions

08/15/06

9.0

08/16/06

10.0

08/17/06

9.5

Page 87 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LUBIN MANAGER PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS

DATE 08/18/06

HOURS 5.0

DAILY LOG Activities during the day included: - Analysis and other work related to the re-measurement to functional currency of accounts payable, accounts receivables and intercompany account balances - Analysis and other work related to the preparation of Revenue and EBITDA Bridges, actual to 6+6 forecast, for the period 12/31/05 to 12/31/06 focusing specifically on losses booked for resin price increase and Brown payable - Met with Norm Hewitt and Shatish Patel to review bridge analysis before submission - Met with Maureen Smith to discuss re-measurement to functional currency Activities during the day included: - Analysis, and other work related to 7/31/06 accounts receivable - Met with Maureen Smith to discuss CMI accounts receivable reporting - Met with Satish Patel to discuss daily labor variance summary, scrap reporting and purchase order requisitions - Met with Maureen Smith and Satish Patel regarding GL capabilities of departmental reporting - Call with Julie Krupp and Satish Patel regarding bridge analysis, forecast v actual reporting and 07 budget process Activities during the day included: - Analyzed, reviewed, and performed other work related to assembly line operations associated with DCX instrument panels and consoles - Met with Satish Patel and Scott Baird, production manager, to discuss assembly line operations associated with DCX instrument panels and consoles - Analysis and other work related to 7/31 detail general ledger - Met with Satish Patel and Mark Leys, manager of Canadian systems, regarding Guelph's systems configuration and review of process associated with tracking of monthly expenditures

08/28/06

6.5

08/29/06

10.0

Page 88 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 MARK LUBIN MANAGER PRIMARY AREA OF RESPONSIBILITY INTERNAL FINANCIAL REPORTING BUSINESS UNIT AND PLANT PROFITABILITY ANALYSIS

DATE 08/30/06

HOURS 10.5

DAILY LOG Activities during the day included: - Analyzed, reviewed, and performed other work related to assembly line operations associated with Honda parts assembly, service offering and injection molding - Met with Satish Patel and Scott Baird, production manager, to discuss assembly line operations associated with Honda parts assembly, service offering and injection molding - Met with Mary Ross, Quality Systems Co-coordinator, to discuss Daily Operating System ("DOS"") reporting - Met with Scott Baird to discuss production metrics utilized in DOS report - Met with Satish Patel to review the weekly plastics flash report for Guelph and Brampton - Met with Satish Patel and Harry Jones, outside consultant to discuss scrap and shrinkage accounting Activities during the day included: - Reviewed daily production reports utilized by the production management group - Analyzed, reviewed and performed other work related to daily labor summary report - Analyzed YTD benefits paid to salary and hourly employees to determine timing and cash impact of reaching maximum contributions for certain benefits - Met with Scott Baird and Ari Hirvi to discuss daily labor summary report - Met with Dave Wasch to discuss weekly release data received from OEMs - Analyzed, reviewed and other work related to weekly release data - Analyzed favorable labor variance in August financials - Met with Robert Phillips, Norm Hewitt & Satish Patel to discuss processing of OEM Interim Authorization Approvals (IAA)

08/31/06

10.5

TOTAL

76.5

Page 89 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 08/01/06

HOURS 9.2

DAILY LOG Activities during the day included: - Prepared an analysis for payouts of severance and vacation for Fabrics hourly employees - Prepared an analysis for payout of severance for salaried employees - Reviewed Fabrics collections with Fabrics employees - Reviewed direct material purchases analysis Activities during the day included: - Updated the severance, vacation and payroll projections for the Fabrics cash flow - Revised SWL's costs as a result of a reduced production plan - Work session with Fabrics management regarding projections and assumptions - Revised collections assumptions for the Fabrics cash flow projections Activities during the day included: - Participated in the weekly status update call with the creditors and their advisors - Prepared an analysis comparing the various cash flow projections - Developed a budget to actual variance with notes describing variances - Reviewed this week's payroll report Activities during the day included: - Reviewed the various bids for the paint roller assets and created a timeline analysis - Developed a cash flow procedures analysis for updating actuals and projections for the Fabrics wind down - Work session with Fabrics employees regarding collections - Work session with Fabrics management regarding preliminary July financials for the Fabrics division Activities during the day included: - Prepared an analysis comparing actual payroll to projections - Work session with Fabrics employees regarding payroll variances - Work session updating the cash flow for last week's actual results - Work session with Fabrics employees regarding the production schedule for each plant

08/02/06

10.1

08/03/06

10.3

08/04/06

8.0

08/07/06

8.8

Page 90 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 08/08/06

HOURS 10.1

DAILY LOG Activities during the day included: - Analyzed the direct material purchases schedule - Work session with Fabrics management regarding direct material purchases - Work session with Fabrics employees regarding equipment sales - Updated the cash flow for last week's actuals Activities during the day included: - Work session with Fabrics management regarding projections - Developed a variance analysis for the Fabrics production schedule - Work session with Fabrics employees regarding payroll projections for the next three weeks - Updated the Fabrics wind down projections based upon feedback from management Activities during the day included: - Participated in the weekly status update call with the creditors and their advisors - Prepared an analysis comparing the various cash flow projections - Developed a budget to actual variance with notes describing variances - Reviewed the corporate payroll report for the Fabrics division Activities during the day included: - Prepared a net cash flow to EBITDA reconciliation for the month of July - Reviewed Fabrics July financial statements in order to determine variances from net cash to EBITDA - Work session with Fabrics employees regarding future production at SWL Activities during the day included: - Updated the Fabrics wind down cash model for last week's actual activity - Work session with Fabrics employees regarding projected sales and production - Reviewed last week's payroll report versus projected payroll levels at each Fabrics plant - Reviewed last week's collections for Monday through Thursday Activities during the day included: - Work session with Fabrics management regarding the EBITDA to net cash flow analysis - Updated the EBITDA to net cash flow analysis based upon conversations with management - Work session with Fabrics employees regarding collections assumptions - Work session with Fabrics employees regarding open payables

08/09/06

10.5

08/10/06

8.5

08/11/06

8.0

08/14/06

9.9

08/15/06

10.5

Page 91 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 08/16/06

HOURS 11.1

DAILY LOG Activities during the day included: - Prepared a variance analysis on the production schedule from last week to this week - Updated the cash flow projections based upon last week's activity - Reviewed the Orix lease agreements - Prepared an analysis summarizing the Orix agreements Activities during the day included: - Participated in the weekly Fabrics update call with the Creditors and their advisors - Prepared an analysis comparing the various weekly cash flow projections - Developed a budget to actual variance with notes describing variances - Reviewed the GMAC lease agreement Activities during the day included: - Prepared an inventory analysis summarizing the changes from the beginning of July through last week - Reviewed the GMAC lease agreement - Prepared an analysis summarizing the key points of the GMAC lease Activities during the day included: - Updated the Fabrics cash model for last week's activity - Work session with C&A employees regarding real estate leases - Analyzed the C&A GMAC lease - Updated the Fabrics cash flow procedures Activities during the day included: - Analyzed last week's Fabrics actual receipts and disbursements - Work session with C&A employees regarding support for the GMAC lease - Updated the GMAC lease analysis based upon feedback from corporate - Prepared a variance analysis on the production schedule from last week to this week

08/17/06

8.8

08/18/06

8.0

08/21/06

9.7

08/22/06

10.1

Page 92 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 SCOTT MARTINEZ ASSOCIATE PRIMARY AREA OF RESPONSIBILITY IMPLEMENTATION OF WIND DOWN PLAN FOR FABRICS DIVISION CASH MANAGEMENT FOR FABRICS DIVISION (FORECASTED AND ACTUAL)

DATE 08/23/06

HOURS 10.3

DAILY LOG Activities during the day included: - Work session with Fabrics employees regarding sales assumptions for the remainder of the wind down period - Updated the cash flow projections based upon last week's activity - Prepared an analysis comparing the various weekly cash flow projections - Developed a budget to actual variance with notes describing variances

TOTAL

161.9

Page 93 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/01/06

HOURS 11.5

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for potential investor groups - Collaborated with C&A and KZC personnel to compile and report comprehensive listing of rejected and scheduled to reject real estate leases - Updated C&A data room re: Avoidance actions and Labor Unions - Developed and analyzed 2005 to 2006 EBITDA Bridge - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Analyzed and explained Actuals versus Budget variances - Developed and analyzed 2005 to 2006 EBITDA Bridge - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Refining of Cash Flow Model and supporting databases

08/02/06

14.1

08/03/06

12.2

Page 94 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/04/06

HOURS 6.9

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and explained Actuals versus Budget variances - Updated C&A data room re: Labor Unions - Analyzed, documented, and reported C&A's accounts receivable collection efforts and results - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Updated C&A virtual data room re: Labor agreement and retiree benefits - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Developed and analyzed 2005 to 2006 EBITDA Bridge - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Analyzed, documented, and reported C&A's accounts receivable collection efforts and results - Developed and analyzed 2005 to 2006 EBITDA Bridge - Refining of Cash Flow Model and supporting databases

08/07/06

10.4

08/08/06

12.6

Page 95 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/09/06

HOURS 12.9

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Collaborated with C&A and KZC personnel to compile and report comprehensive listing of rejected and scheduled to reject real estate leases - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Collaborated with C&A and KZC personnel to compile and report comprehensive listing of rejected and scheduled to reject real estate leases - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Updated C&A virtual data room re: Labor agreement and retiree benefits - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

08/10/06

14.6

08/11/06

6.8

Page 96 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/14/06

HOURS 9.8

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Meeting re: Tooling cash receipts - Meeting re: Labor Union information request - Meeting re: Real Estate lease rejections - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Real Estate lease rejections - Meeting re: Tooling cash receipts - Refining of Cash Flow Model and supporting databases

08/15/06

12.3

Page 97 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/16/06

HOURS 11.3

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: C&A virtual data room - Developed and analyzed 2005 to 2006 EBITDA Bridge - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Coordinated with C&A and KZC personnel to obtain historical data related to the Fabrics division in order to forecast cash flow - Meeting re: C&A virtual data room - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Real Estate lease rejections - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

08/17/06

12.2

08/18/06

7.3

Page 98 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/21/06

HOURS 11.2

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: Tooling AR and related cash receipts - Updated C&A virtual data room re: Labor agreement and retiree benefits - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury department the timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Updated C&A virtual data room re: Labor agreement and retiree benefits - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: 6+6 to 4+8 EBITDA bridge - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

08/22/06

12.8

08/23/06

11.3

Page 99 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/24/06

HOURS 13.0

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: 6+6 to 4+8 EBITDA bridge - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting re: 6+6 to 4+8 EBITDA bridge - Update C&A's virtual data room for European claims - Meeting re: Tooling cash receipts - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Meeting: Tooling AR and cash receipts - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

08/25/06

7.0

08/28/06

9.1

Page 100 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 CHRISTOPHER YI ASSOCIATE PRIMARY AREA OF RESPONSIBILITY DAILY CASH MANAGEMENT (ACTUALS AND DAILY REPORTING)

DATE 08/29/06

HOURS 12.3

DAILY LOG Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Meeting re: Outstanding AR balances, AR roll forward, customer's compliance with payment terms - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases Activities during the day included: - Gathered information and data to develop Cash Flow Model - Discussed with C&A Treasury and Accounts Payable Departments, timing, recording, and sources of cash disbursements and receipts - Analyzed and gathered financial information for constituent's financial representatives and potential investor groups - Analyzed outstanding AR balances, AR roll forward, customer's compliance with payment terms - Recorded daily cash disbursements and receipts - Refining of Cash Flow Model and supporting databases

08/30/06

12.6

08/31/06

11.2

TOTAL

255.4

Page 101 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 08/01/06

HOURS 9.2

DAILY LOG Activities during the day included: - Updated Asset Sales Proceeds CF projection schedule w/ E. Atkinson - Updated EE count by month analysis - Updated actual to the weekly cash flow model Activities during the day included: - Updated asset sales cash flow projection and tracking list - Followed up on EE count by month analysis - Discussion on Textron leases restructuring issues - Prepared weekly package for Thursday creditors' call - Reviewed cash flow actual vs. projection analysis for Thursday creditors' call w/ T. Crane and S. Martinez - Reviewed and prepared weekly comparative inventory valuation analysis Activities during the day included: - Participated in the weekly creditors' conference meeting - Researched press releases and presentation related to the quarterly earning release of UFI - Gathered data and assisted in updating the MD&A section of the Fabrics financial statement Activities during the day included: - Reviewed weekly actual cash flow model and assumptions - Reviewed weekly estimated cash flow projection model and assumptions - Reviewed and assisted in preparing the Textron lease restructuring proposal Activities during the day included: - Updated actual cash flow related to asset sales - Update Asset Sales Proceeds CF projection schedule w/ E. Atkinson - Updated EE count by month analysis - Reviewed prior week's bank statement to confirm cash flow received from asset sales

08/02/06

10.8

08/03/06

11.0

08/04/06

8.0

08/07/06

8.0

Page 102 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 08/09/06

HOURS 11.2

DAILY LOG Activities during the day included: - Prepared and updated weekly inventory value comparative analysis - Prepared Textron lease restructuring summary analysis - Reviewed and revised monthly EE count projection for August - Prepared and updated weekly actual cash flow analysis - Reviewed weekly cash flow projection model Activities during the day included: - Prepared the weekly package for Thursday's creditor call - Participated in weekly creditors' conference call - Reviewed procedures to update Fabric's weekly cash flow projection model - Reviewed three GECC lease lists and created a consolidated master list as well as a process for asset sales on leased equipment Activities during the day included: - Prepared the Fabrics' leased asset for sales database with OLV, FMV, and FMV of removal - Continued review and training on the weekly actual cash flow model and weekly fabrics' wind down cash flow projection model Activities during the day included: - Updated actual cash flow in the weekly actual cash flow model - Updated estimated cash flow projection in the weekly wind down cash flow projection model - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly Activities during the day included: - Updated actual cash flow in the weekly actual cash flow model - Followed up with respective contact for cash flow actual input - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly

08/10/06

11.1

08/11/06

8.0

08/14/06

9.5

08/22/06

10.0

Page 103 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 08/23/06

HOURS 11.0

DAILY LOG Activities during the day included: - Continued updating actual cash flow in the weekly actual cash flow model - Followed up with respective contact for cash flow actual input - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly - Reviewed the drafted cash flow projection model with T. Crane Activities during the day included: - Followed up with respective contact for cash flow actual input - Finalized actual cash flow in the weekly actual cash flow model - Finalized projected cash flow for asset sales and revised asset sales tracking schedule accordingly - Participated the weekly creditors' conference call Activities during the day included: - Continued updating actual cash flow in the weekly actual cash flow model - Followed up with respective contact for cash flow actual input - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly Activities during the day included: - Continued updating actual cash flow in the weekly actual cash flow model - Followed up with respective contact for cash flow actual input - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly Activities during the day included: - Continued updating actual cash flow in the weekly actual cash flow model - Followed up with respective contact for cash flow actual input - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly - Reset cash flow projection model for the week

08/24/06

11.2

08/25/06

8.0

08/28/06

11.8

08/29/06

12.2

Page 104 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LEANE GUO ASSOCIATE PRIMARY AREA OF RESPONSIBILITY ANALYSIS OF ASSET SALES AND SALES CASH FLOW PROJECTION ANALYSIS OF VARIOUS LEASES AND CURE COST CALCULATION ASSISTING IN WIND DOWN OF FABRICS DIVISION

DATE 08/30/06

HOURS 10.5

DAILY LOG Activities during the day included: - Finalized actual cash flow in the weekly actual cash flow model for the week - Updated the monthly EE count summary per the prior weekly actual employee count from Fabrics HR - Sat with respective counterparty in Fabrics to go over the Employee Termination Plan for the remainder of the wind down period - Prepared the Employee Termination Plan Schedule for the weekly bank meeting - Updated the actual and projected cash flow for asset sales and revised asset sales tracking schedule accordingly - Updated weekly cash flow projection model and review budget vs. actual variance with T. Crane - Revised calculation and assumptions in the cash flow projection model - Prepared weekly package for weekly call Activities during the day included: - Finalized weekly package for weekly call - Participated in weekly Fabrics bank conference call - Setup the weekly actual cash flow model for the following week - Updated actual cash flow model as information became available - Updated monthly EE count summary per Employee's Termination Plan - Continued to update the detailed asset sales schedule - Created and prepared the GB commission schedule - Reviewed the GB Asset Sale's Agreement to gain an understanding of the commission pay plan related to asset sales

08/31/06

5.0

TOTAL

166.5

Page 105 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 LAURIE CAPEN VERRY PARA-PROFESSIONAL

DATE 08/01/06

HOURS 0.2

DAILY LOG Activities during the day included: - Revisions to supplemental affidavit of relationship disclosure re A. Kaz. - Sending and responding to various e-mails with KZC personnel Activities during the day included: - Preparation of time descriptions for E. Kardos Activities during the day included: - Sending and responding to various e-mails with KZC personnel regarding supplemental affidavit re: A. Kaz Activities during the day included: - Revisions to supplemental affidavit of relationship disclosure re A. Kaz - Sending and responding to various e-mails with KZC personnel - Preparation of time descriptions for L. Capen Activities during the day included: - Sending and responding to various e-mails with KZC personnel regarding supplemental affidavit Activities during the day included: - Preparation of supplemental affidavit of relationship disclosure re J. Emswiler Activities during the day included: - Updating schedule 1 for new conflict check Activities during the day included: - Revisions to supplemental affidavit of relationship disclosure re J. Emswiler Activities during the day included: - Finalizing and filing of supplemental affidavit re: J. Emswiler Activities during the day included: - Sending and responding to various e-mails with KZC personnel Activities during the day included: - Updating schedule 1 for new conflict check Activities during the day included: - Sending and responding to various e-mails with KZC personnel

08/03/06

0.2

08/04/06

0.3

08/07/06

1.5

08/08/06

0.5

08/09/06

0.5

08/10/06

0.5

08/11/06

0.5

08/14/06

0.3

08/16/06

0.3

08/24/06

0.3

08/25/06

0.4

TOTAL

5.5

Page 106 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ANITA SINGH PARA-PROFESSIONAL

DATE 08/01/06 08/03/06 08/04/06 08/10/06 08/11/06 08/14/06 08/24/06 08/25/06 08/28/06 08/29/06 08/30/06 TOTAL

HOURS 0.5 0.5 5.0 4.0 4.0 6.5 1.0 4.0 3.0 2.0 2.0 32.5

DAILY LOG Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check Conflict Check

Page 107 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 08/01/06

HOURS 1.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

08/02/06

1.0

08/03/06

0.5

08/08/06

0.5

08/09/06

0.5

Page 108 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 08/14/06

HOURS 1.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

08/15/06

1.0

08/16/06

0.5

08/17/06

0.5

08/23/06

0.5

Page 109 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 08/24/06

HOURS 1.0

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

08/25/06

0.5

08/28/06

1.0

08/29/06

1.0

Page 110 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 ALICIA ENGLUND PARA-PROFESSIONAL

DATE 08/31/05

HOURS 0.5

DAILY LOG Principal activities consisted of performing support functions for J. Boken in role as CRO, including the following: - Scheduling of meetings - Drafting of documents - Preparation of various reports - Monitoring of C&A related e-mail activity - Accumulation and organization of information - Various other support functions

TOTAL

11.5

Page 111 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 KATHLEEN MAHON PARA-PROFESSIONAL

DATE 08/04/06

HOURS 9.5

DAILY LOG Activities during the day included: - Collect and enter time and expense reports Activities during the day included: - Verify accuracy of expenses submitted Activities during the day included: - Create initial schedules for monthly invoice Activities during the day included: - Begin gathering data for next monthly invoice Activities during the day included: - Prepare draft invoice Activities during the day included: - Complete processing of final invoice

08/09/06

9.5

08/14/06

9.7

08/17/06

9.0

08/25/06

9.1

08/30/06

9.3

TOTAL

56.1

Page 112 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 SUZANNE MACKAY PARA-PROFESSIONAL

DATE 08/01/06 08/02/06 08/03/06 08/04/06 08/07/06 08/08/06 08/09/06 08/10/06 08/11/06 08/21/06 08/22/06 08/23/06 08/24/06 08/25/06 08/28/06 08/29/06 08/30/06 08/31/06 TOTAL

HOURS 0.3 0.4 0.3 0.3 1.1 0.6 0.5 0.5 0.4 0.6 0.6 0.9 0.4 0.4 0.9 0.8 0.8 0.8 10.6

DAILY LOG Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities Assisting S. Cooper in relation to C&A activities

Page 113 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 08/01/06

HOURS 12.0

DAILY LOG Activities during the day included: - Reconciled GM tooling bank logs - Resolved remaining issues on vendor status report to be sent to Tim Brown - Met with Tim Woody re process flow chart issues - Edited statement of claims PDF files for European support Activities during the day included: - Reconciled GM tooling bank logs - Spoke to Dana Frasier re claim reconciliation - Edited statement of claims PDF files for European support Activities during the day included: - Reconciled GM tooling bank logs - Met with Mary Auckland re edits to the process flow charts Activities during the day included: - Reconciled GM tooling bank logs - Met with Mary Auckland re edits to the process flow charts - Worked with Puneet Agrawal to gain access to on-line file sharing Activities during the day included: - Reconciled GM tooling bank logs - Copied claim files for Mark Cervi and Richard Mizak Activities during the day included: - Reconciled GM tooling bank logs - Made formatting changes to GM plant/vendor file - Copied invoices returned from Port Huron, filed and distributed to various staff Activities during the day included: - Reconciled GM tooling bank logs - Made formatting changes to GM plant/vendor file Activities during the day included: - Reconciled GM tooling bank logs - Made formatting changes to GM plant/vendor file - Mailed package to KZC management in New York

08/02/06

12.0

08/03/06

13.0

08/04/06

11.0

08/07/06

12.0

08/08/06

11.0

08/09/06

10.5

08/10/06

13.0

Page 114 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 08/11/06

HOURS 8.0

DAILY LOG Activities during the day included: - Reconciled GM tooling bank logs - Added to list of pending issues on reconciliation of GM account to be presented to Puneet Agrawal - Met with Puneet Agrawal re current reconciliation finds Activities during the day included: - Added to list of pending issues on reconciliation of GM account to be presented to Puneet Agrawal - Spoke with Mike Ripper re future process flow plans - Reconciled GM bank logs Activities during the day included: - Made follow up changes on bank reconciliation - Met with Tim Woody and Mary Auckland re changes to Tooling Process Flow - Revised Tooling Process Flow - Updated vendor pay around files for QCR Tech Activities during the day included: - Compiled support of claims for Mark Cervi, copied signed pages to be sent out - Reconciled GM bank logs - Met with Tim Woody re revisions on Tooling Process Flow - Met with Mike Ripper re revisions on Tooling Process Flow Activities during the day included: - Compiled tooling invoice copies and supporting documents to be sent to GM - Reconciled GM banking logs - Made copies of signed documents to be sent to the UK Activities during the day included: - Compiled tooling invoice copies and supporting documents to be sent to GM - Reconciled GM banking logs Activities during the day included: - Compiled invoices to be sent to GM while updating the invoice list that coincides with the hard copies - Reviewed copies of the GM tooling invoices against the original copies - Made formatting changes to the GM invoice file

08/14/06

12.0

08/15/06

12.0

08/16/06

11.0

08/17/06

13.0

08/18/06

8.5

08/21/06

12.0

Page 115 of 116

KZC SERVICES, LLC COLLINS & AIKMAN CORPORATION - DAILY TIME LOG AUGUST 2006 KYLE CARESS INTERN PRIMARY AREA OF RESPONSIBILITY ANALYSIS AND SUPPORT RE: TOOLING ANALYSIS AND SUPPORT RE: CLAIMS AGAINST C&A EUROPE CASE ADMINISTRATION

DATE 08/22/06

HOURS 13.0

DAILY LOG Activities during the day included: - Compiled invoices to be sent to GM while updating the invoice list that coincides with the hard copies - Set up meeting with Leona Phillips re the GM reconciliation - Formatted the invoice list sheet Activities during the day included: - Reviewed the liquidation analysis for quantitative and qualitative errors - Prepared for meeting with Leona Phillips (C&A) re the GM bank log reconciliation - Organized files on desktop for ease of use - Met with Leona Phillips, re Tawaneese vendor inflows/outflows - Made formatting changes to the vendor status quantitative worksheet Activities during the day included: - Spoke with Virginia Kopke and Puneet Agrawal re GM invoices - Worked with Puneet Agrawal to complete GM tooling reconciliation - Began working on Chrysler tooling reconciliation - Made copies for Mark Cervi re enclosure title pages Activities during the day included: - Worked with Puneet Agrawal on GM bank reconciliation - Facilitated transition of documents and initiatives to other members of the KZC and C&A team - Met with Bill Janousky re the next steps involved with pulling the appropriate invoices for GM and for Ford

08/23/06

12.0

08/24/06

14.5

08/25/06

8.0

TOTAL

218.5

Page 116 of 116

EXHIBIT D Managing Directors and Senior Directors John Boken John Boken is a Managing Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. John has more than 15 years of corporate restructuring experience and specializes in providing restructuring advisory and crisis management services to financially distressed companies and their creditors. He has led over 50 restructuring projects in a wide variety of industries, including energy, health care, manufacturing, retail and agriculture. John has developed expertise in devising business turnaround strategies, formulating debt restructuring plans and divesting of unprofitable and/or non-strategic operations and assets. He is particularly adept at designing creative solutions to the complex operating and capital structure problems that exist in large restructuring cases. Johns experience includes serving in senior executive capacities for client companies. John served as President and Chief Operating Officer of NRG Energy in its chapter 11 proceeding and as Chief Executive Officer of Entegra Power Group upon its emergence from bankruptcy. Other notable assignments have included Southern California Edison Company, Fleetwood Enterprises, Sun Healthcare Group, AgriBioTech, Garden Botanika, Party America, Alliance Imaging and Riviera Hotel and Casino. John currently is responsible for managing the activities of Kroll Zolfo Cooper in the western United States. Previously, John was the managing partner of the Los Angeles corporate restructuring practice of Arthur Andersen. John holds a B.S. in Commerce and Finance from the University of Santa Clara. He is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor. John is a member of the Association of Insolvency and Restructuring Advisors, the American Bankruptcy Institute and the Turnaround Management Association. He is a frequent speaker at seminars and conferences on issues relating to financially distressed companies. For his work on NRG Energy, John received the Turnaround Management Associations 2004 Mega Company Turnaround of the Year Award. John is serving as Chief Restructuring Officer for Collins & Aikman. He was appointed to that position effective May 17, 2005.

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Elizabeth Kardos Beth Kardos is a Managing Director of Kroll Zolfo Cooper LLC and serves as the firms General Counsel. She is an attorney, admitted to practice law in the Federal and State Courts of New York, New Jersey and Washington D.C. Prior to joining Kroll Zolfo Cooper, Beth was a partner in the firm of Gibbons, Del Deo, Dolan, Griffinger & Vecchione, P.C. Beth received a law degree from Boston University School of Law in Boston, Massachusetts.

William Murphy Bill Murphy is a Senior Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has more than 27 years of professional experience, including more than 21 years specializing in corporate restructurings. He has advised troubled companies, their creditors and other economic stakeholders in both chapter 11 and out-of-court workouts. His expertise includes filling the role of interim management, advising management and creditors on strategic planning, corporate viability, business plan alternatives, financial projections and debt restructuring. Recently, Bill held the position of interim Chief Financial Officer of Penn Traffic, a $3 billion supermarket chain. Bill was one of the key executives who led the successful restructuring of the company, which was completed in April 2005. Bills experience reflects a cross-section of industries, including airline, steel, retail, manufacturing, restaurant, entertainment and distribution. He has provided restructuring expertise in several situations, including MCI WorldCom, Polaroid, Penn Traffic, Hedstrom, Washington Group, Pan Am and Eastern Airlines. His international experience includes advisory work on airline restructuring situations in Mexico and Brazil. Prior to joining Kroll Zolfo Cooper in 1997, Bill was a partner in the restructuring group of Ernst & Young, where he worked for 15 years. Previously, he worked for Main Hurdman (now KPMG). Bill holds a B.S. in Accounting from Lehigh University. He is a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants and the Association of Insolvency and Restructuring Advisors. Bill is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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David Orlofsky David Orlofsky is a Senior Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has over 11 years of diversified business experience. Recently, Dave held the dual positions of Chief Financial Officer and Chief Operating Officer at Malden Mills, a U.S.-based textile company with operations in Europe and Asia, best known as the creators of Polartec brand fleece. At Malden Mills, David was responsible for managing operations, finance, sales, marketing and its international divisions. He was one of the key executives who led the successful restructuring of the company through a variety of turnaround efforts including strategic cost reductions, growth initiatives and the establishment of a sales organization in China. Prior to the Malden Mills assignment, David provided advice and assistance in the restructurings of Washington Group, Recoton, American Home Patient and Fredericks of Hollywood. David has been with Kroll Zolfo Cooper for 5 years. He was an audit manager at Arthur Andersen prior to joining the firm. David holds B.S. in Business Administration from Montclair State University. He is a Certified Insolvency and Restructuring Advisor and a former certified public accountant. David is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Rodney Peckham Rodney Peckham is a Senior Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has over 25 years of diversified business and professional experience including more than 13 years working with troubled companies and their creditors, investors and other parties-in-interest. Rods experience includes advisory assignments with Krispy Kreme Doughnuts, where he oversaw the assessment of internal controls over financial reporting and a number of profit improvement initiatives, and with a $1 billion energy services company, where Rod was responsible for directing the restatement of its financial statements. Rod served as the project manager for an Australian companys asset recovery team with an $800 million investment in a cellular phone network. This project entailed assessment of the existing cellular phone market and product strategies to gain entry into a mature market and, subsequently, asset sales negotiations, management of personnel during a wind-down process and resolution of contentious settlements. Rod also assisted with Laidlaw, a transportation and health care services provider, in connection with its chapter 11 bankruptcy filings and related filings in Canada. Before joining Kroll Zolfo Cooper, Rod spent 13 years with Forstmann & Company, a publicly traded marketer and manufacturer of wool and worsted woven fabrics ($200 million in revenues), where he served as Chief Executive Officer, Chief Financial Officer and corporate controller. At Forstmann, Rod gained significant hands-on experience ranging from consolidation of manufacturing plants and streamlining product offerings to maintaining relations with investors, suppliers, creditors and employees. For over 11 years, Rod oversaw all financial aspects of Forstmann, including implementation of computerized systems, public debt and equity offerings and numerous capital restructurings, both in and out of court. He also has seven years of combined audit related experience with Arthur Young & Company (now Ernst & Young) and Deloitte Haskins & Sells (now Deloitte & Touche). Rod holds a B.B.A. in accounting from the University of North Florida and is a former certified public accountant. Rod is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Directors and Managers Charles Carnaval Charlie Carnaval is a Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has more than 25 years of combined experience in public accounting, private industry and consulting. His restructuring expertise includes cash management, forecasting, assessment of economic models and business plans, analysis of capital structures and management of all aspects of the chapter 11 bankruptcy process. He has advised clients in a variety of industries including manufacturing, media, retail, and agri-business, with revenues ranging from $250 million to $1.5 billion. Prior to joining Kroll Zolfo Cooper, Charlie gained extensive experience in the management and restructuring of financial operations of both public and private companies, having served as Chief Financial Officer for several manufacturing companies and for a passenger/charter airline. Previously, Charlie was a senior manager at KPMG Peat Marwick where he performed services for a number of manufacturing clients, both public and private. He served as an audit specialist in computer environments and managed the firms local office computer audit specialist program. He also specialized in banking and financial institution engagements. Charlie holds a B.S. and an M.B.A. from St. Johns University He is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor. Charlie is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Mark Cervi Mark Cervi is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Since joining Kroll Zolfo Cooper LLC in March 2001, Mark has worked on restructurings in several industries. Some of his notable clients include Enron and NRG Energy. Prior to joining Kroll Zolfo Cooper, Mark was a senior auditor with PricewaterhouseCoopers. His previous work experience includes providing audit and tax services to clients in various industries. Mark holds a B.S. in Accounting from the University of Southern California. Mark is a Certified Public Accountant and a Certified Insolvency and Reorganization Advisor. He is a member of the American Institute of Certified Public Accountants, the Turnaround Management Association and the Association of Insolvency and Restructuring Advisors. Mark is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Tadd Crane Tadd Crane is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Tadd has 6 years of restructuring experience. Prior to joining Kroll Zolfo Cooper in October 2001, Tadd was a member of the restructuring practice with PricewaterhouseCoopers, where he provided advisory services in restructurings in various industries, including manufacturing, banking and telecommunications. Tadd has previous work experience providing public accounting and audit services to a wide range of clients. Tadd holds a B.S. from State University of New York at Binghamton and a M.B.A. from Fordham University, where he graduated with honors. He is a Certified Insolvency and Restructuring Advisor and a member of the Association of Insolvency and Restructuring Advisors. Tadd is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Jon Emswiler Jon Emswiler was a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper in May 2002, Jon was a Manager with the Corporate Restructuring practice of Arthur Andersen. Jon has previous work experience providing audit services to clients in various industries and as an operations analyst at a Fortune 500 pharmaceutical manufacturer. Jon holds a B.B.A. from Roanoke College and a M.B.A. in Finance and Accounting from Fordham University. Jon is Certified Insolvency and Restructuring Advisor. He is a member of the Turnaround Management Association and the Association of Insolvency and Restructuring Advisors. Jon is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases. 6
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Bret Fernandes Bret is a director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has over 11 years of financial and operational experience, including six years specializing in advising troubled companies. During his career, Bret has gained significant experience in the health care, energy, import, distribution, telecommunications and service industries. Notable assignments representing either creditor or debtor interests include Enron, American Medical Response, IT Group, ICG Communications, Sun Healthcare, World Bazaar, Rand McNally and Episcopal Health Services. Prior to joining Kroll Zolfo Cooper, Bret was a consultant at PricewaterhouseCoopers, with a range of operational and financial engagements focused mostly in the health care industry. Bret holds a B.A. in Economics from the University of California at Santa Barbara. He is a Certified Insolvency and Restructuring Advisor and is a member of the Turnaround Management Association, the Association of Insolvency and Restructuring Advisors and the American Bankruptcy Institute. Bret is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Dana Frazier Dana Frazier is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper, Dana was a Vice President with Giuliani Capital Advisors LLC (formerly Ernst & Young Corporate Finance LLC). Dana has specialized in developing and critiquing complex financial analyses, long-term integrated financial models, short-term cash flow forecasts and valuations. Danas work experience includes developing and analyzing business plans and cost reduction proposals, monitoring operating performance and assessing business viability. Dana holds a B.S. in Materials Science and Engineering and a M.B.A. with Highest Honors from the University of Illinois at Urbana-Champaign. He is a Certified Insolvency and Reorganization Advisor and a member of the Association of Insolvency and Reorganization Advisors. Dana is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

7
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Arthur Kaz Arthur Kaz is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Arthur has nearly 15 years of consulting experience. Since joining Kroll Zolfo Cooper in 2001, Arthur has worked on several successful restructurings including Laidlaw, Penn Traffic and Friedmans Jewelry. Prior to joining Kroll Zolfo Cooper, Arthur helped to build Internet-based Urbanfetch.com, where as a Managing Director he led business development efforts and oversaw day-to-day operations. Arthur also has previous work experience as a Senior Consultant with international strategy consulting firm Mars & Co. At Mars & Co., Arthur advised senior-management of French multi-national corporations on issues of strategy and competitive positioning. Arthur received his B.A. in mathematics (Phi Beta Kappa, cum laude) from Knox College and an M.B.A. in Finance from the University of Chicago Graduate School of Business. Arthur is a Certified Insolvency and Restructuring Advisor. He is a member of the Association of Insolvency and Restructuring Advisors, Turnaround Management Association and the American Bankruptcy Institute. Arthur is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Daniel Kerrigan Dan Kerrigan is a Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has more than 13 years of diversified business experience, which includes over 7 years advising troubled companies. Dans experience includes advising both debtors and creditors in implementing cash management tools, formulating and evaluating business plans and restructuring debt obligations. Dan has advised clients in the automotive, retail, manufacturing and health care sectors. Some of his notable restructuring assignments include Boston Chicken, Schwegmann Supermarkets, Family Golf, ACT Manufacturing, Special Metals and Phy America. Prior to joining Kroll Zolfo Cooper in 1998, Dan spent two years with the asset-based lending group of CIT. His responsibilities at CIT included reviewing business models and collateral to determine borrowing base availability for existing and new loan originations. He was also a senior audit accountant at Deloitte & Touche, serving retail, real estate and manufacturing clients. Dan holds a B.B.A. in Public Accounting from Pace University. He is a member of the Association of Insolvency and Restructuring Advisors. Dan is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Mark Lubin Mark Lubin is a Manager with Kroll, an affiliate of Kroll Zolfo Cooper. He has more than 25 years of combined accounting and consulting experience. Prior to joining Kroll, Mark held various financial positions, including serving as a business manager for Deutsche Banks global loan operations group, compliance officer for Sumitomo Mitsui Banks capital markets group, and loan review and workout officer for Texas Commerce Bank. He also was a consultant in the reorganization and restructuring groups at Deloitte & Touche and Ernst & Young. In these positions, he gained significant experience managing complex projects involving forensic accounting, credit analysis and portfolio analysis. Mark holds a B.S. in Business Administration from the University of Missouri. He is a member of the Texas Society of Certified Public Accountants, American Institute of Certified Public Accountants and Association of Certified Fraud Examiners. Mark is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Mark Lymbery Mark Lymbery is a Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. He has more than 15 years of professional experience, including 7 years specializing in financial advisory and corporate restructurings. Marks experience reflects work in a variety of industries, including retail, health care, manufacturing, telecommunications and energy. Prior to joining Kroll Zolfo Cooper in 2003, Mark was a manager in the restructuring group of Ernst & Young and also has previous international and domestic experience in operations, finance and valuation consulting. Mark holds a B.B.A. from Texas A&M University and an M.B.A. from the Amos Tuck School of Business at Dartmouth College. He is a Chartered Financial Analyst and a Certified Insolvency and Restructuring Advisor. He is a member of the Turnaround Management Association, the Association of Insolvency and Restructuring Advisors and the American Bankruptcy Institute. Mark is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

9
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Richard Mizak Richard Mizak is a Director with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Richard has more than 13 years of financial advisory and commercial banking experience. Richards experience spans a variety of industries including retail/grocery, manufacturing, printing, energy, transportation/logistics and telecommunications/technology. Richard has developed expertise in financial modeling, business line performance and viability analysis, liquidation analysis and the development of business plans. Some of his notable restructuring assignments include Federal Mogul, MCI/WorldCom, Mirant and TFM/Kansas City Southern. Prior to joining Kroll Zolfo Cooper, Richard was a Vice President in the financial restructuring group of Ernst & Young Corporate Finance, LLC. Previously, he was in commercial banking with Fifth Third Bancorp and Merchants Bank of New York. Richard holds a B.B.A. in Finance and Entrepreneurial Studies from Xavier University and an M.B.A. from New York University. He is a Certified Insolvency and Restructuring Advisor and a member of the Turnaround Management Association and the American Bankruptcy Institute. Richard is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Lyle Potash Lyle Potash is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper in June 1995, Lyle was a Vice President with the financial services subsidiary of Verizon Communications (formerly Bell Atlantic Capital Corporation) from September 1991 to May 1995. At Bell Atlantic, Lyle was involved in various aspects of capital structuring, acquisition and disposition structuring and the analysis of annual business plan development. Prior to this position, Lyle was a senior analyst at various operating companies within Bell Atlantic, responsible for lease pricing and structuring and the development of annual operating plans. Lyle holds a B.S. in Finance from Pennsylvania State University and a M.B.A. from Arizona State University. He is a Certified Insolvency and Restructuring Advisor. Lyle is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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John Sharpe John Sharpe is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. John specializes in corporate insolvencies, restructurings and reorganizations. He has more than 15 years of business experience, primarily working with troubled companies. Prior to joining Kroll Zolfo Cooper in September 2002, John was the Corporate Controller for Sleepmaster LLC, a Serta Company. Prior to 2000, John held positions in public companies including Chief Accounting Officer, Corporate Controller, and Treasurer. John also has prior work experience providing audit, tax, and advisory services to clients in various industries. John holds a B.S. in Accounting from North Carolina State University. John is a Certified Public Accountant and is a member of the Association of Insolvency and Restructuring Advisors. John is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Lee Smith Lee Smith is a Manager with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper in March 2005, Lee was a Vice President with Giuliani Capital Advisers (previously Ernst & Young Corporate Finance LLC). From February 1999 to November 2002, Lee was a member of Ernst & Youngs UK Corporate Recovery department, specializing in corporate insolvencies, restructurings and reorganizations both inside and outside of formal insolvency proceedings in a variety of industries. In November 2002, he transferred to the United States to join the national Ernst & Young restructuring group, specializing in corporate restructurings and reorganizations both inside and outside of chapter 11. Prior to 1999, Lee provided audit services to clients in various industries. Lee holds a BSc with Honors in Economics with Accountancy from Loughborough University in England. He is a member of the Institute of Chartered Accountants in England and Wales and is qualified to act as a Licensed Insolvency Practitioner in the UK. Lee is also a Certified Insolvency and Restructuring Advisor in the United States. He is a member of the Association of Business Recovery Professionals in the UK and the Association of Insolvency and Restructuring Advisors in the United States. Lee is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Associates and Analysts Puneet Agrawal Puneet Agrawal is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Puneet has 6 years of consulting and private equity experience. Prior to joining Kroll Zolfo Cooper in November, 2005, Puneet was an associate with the venture capital arm of Advent International, where he assisted in the management of investments in technology and energy companies as well as worked with corporate enterprises to acquire and invest in startups of strategic interest. Prior to his work at Advent, Puneet was a senior analyst with First Manhattan Consulting Group, a firm specializing in providing strategic solutions to financial institutions. Puneet holds a B.A. from Cornell University and an M.B.A. from the London Business School. Puneet is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Julie Black Julie Black is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper in 2004, Julie worked as an auditor at PricewaterhouseCoopers in its private client services practice. Julie holds a B.S. in Analytical Finance and a M.S. in Accountancy (Cum Laude) from Wake Forest Universitys Wayne Calloway School of Business and Accountancy. She is a Certified Public Accountant and a member of the Association of Insolvency and Restructuring Advisors. Julie is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Leane Guo Leane Guo is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper, Leane worked with Lehman Brothers, where she focused on business performance and strategy analysis for the Equity Finance/Prime Brokerage Sales and Trading Group. Prior to that, she worked in PricewaterhouseCoopers Capital Markets Audit Practice in New York and, for a short period of time, the M & A and Business Advisory Practice in Shanghai, China. Leane holds a B.S in Finance and Accounting from the Leonard Stern School of Business at NYU. She is a Certified Public Accountant. Leane is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Matthew Jackson Matthew Jackson is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper, Matthew was the Finance Manager for Fire Mountain Enterprises, a start-up company in Boulder, Colorado. Before working for Fire Mountain Enterprises, Matthew worked for General Electric in its Financial Management Program, which is a program designed to develop leaders in finance and general management. Matthew holds a Bachelor of Arts degree from The College of William and Mary. Matthew is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Sondra Lavin Sondra Lavin is an Analyst with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Sondras previous work experience includes an internship with Kroll Zolfo Cooper working on a variety of restructuring support projects. Sondra holds a B.A. from Lafayette College. Sondra is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Scott Martinez Scott Martinez is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Scott has seven years of experience, including six years in corporate restructurings. He has worked on both the creditor and debtor sides of distressed company situations in a wide range of industries including retail, manufacturing, healthcare, transportation, construction and professional services. Scott holds a B.B.A. from Loyola College in Maryland and a M.B.A. from Fairfield University. He is a member of the Association of Insolvency and Restructuring Advisors. Scott is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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Nick Riley Nick Riley is an Analyst with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Nicks previous work experience includes an internship with Kroll Zolfo Cooper working on a variety of restructuring support projects. Nick holds a B.S. in Business Administration (magna cum laude) from Boston University where he majored in Accounting. Nick is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

Christopher Yi Christopher Yi is an Associate with Kroll Zolfo Cooper LLC, an affiliate of KZC Services, LLC. Prior to joining Kroll Zolfo Cooper in March 2005, Chris was a senior auditor in the technology, media, and telecommunications group in the New York office of Deloitte & Touche. His audit clients included MCI, Lowes, Cendant and the National Football League. Chris holds a B.S. in Accounting and Management Information Systems from the University of California at Long Beach. Chris is serving as an Associate Director of Restructuring in the Collins & Aikman chapter 11 cases.

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