ADD to BW1664, CA-TARRANT-APPAREL-GRP, issued 3/23.

Business Editors

--(BUSINESS WIRE)

ADD to BW1664 (CA-TARRANT-APPAREL-GRP), after first sentence of first paragraph: He will remain on the Company's Board of Directors.

New Text Follows:

LOS ANGELES--March 23, 2000--Tarrant Apparel Group (Nasdaq:TAGS) today announced that Barry Aved has stepped down from the position of President due to personal reasons. He will remain on the Company's Board of Directors. Todd Kay, Vice-Chairman of Tarrant, will temporarily assume Mr. Aved's responsibilities while the Company searches for a replacement. Mr. Kay was President of Tarrant preceding Mr. Aved.

Gerard Guez, Chairman and Chief Executive Officer, commented, "I want to personally thank Barry for his contributions to the Company. With his help, we have been able to address operational and organizational issues that will help Tarrant become a more efficient company. We wish him and his family well."

Mr. Aved remarked, "My time as President of Tarrant has offered me the opportunity to work with many talented people. However, at this moment I must devote my time to personal obligations. I believe that the Company has made great strides in developing its vertical integration strategy and feel it has in place a strong framework for future growth."

In addition, the Company announced that it appointed Peter Akaragian as it Chief Operating Officer. Mr. Akaragian will be responsible for corporate domestic operations, including customer fulfillment management including EDI, import compliance, warehouse operations, shipping, office facilities oversight management and inventory control systems.

Previously, Peter was Chief Financial Officer of CMG Inc., which was recently acquired by Tarrant. From 1986 to 1998 he had his own CPA practice in Los Angeles. From 1984 to 1986 he worked for Young Edwardian Inc. as Controller and from 1981 to 1984 he was with Arthur Andersen & Co. He is a member of the AICPA and CA State board of Accounting.

Commenting on the appointment, Mr. Guez stated, "We are happy to welcome Peter as a member of our senior management team. We feel his experience in the financial field and his knowledge of the textile industry will be extremely valuable as Tarrant develops into a broader more complex organization."

Tarrant Apparel Group serves both specialty retail and mass merchandise store chains by designing, merchandising, contracting for the manufacture of and selling casual, moderately-priced apparel, for women, men and children, under private label.

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include a softening of retailer or consumer acceptance of the Company's products, pricing pressures and other competitive factors, or the unanticipated loss of a major customer. These and other risks are more fully described in the Company's filings with the Securities and Exchange Commission.