MONTREAL, April 3, 2013 /CNW Telbec/ – The Caisse de d pôt et placement
du Qu bec (the “Caisse“) announced that it acquired on the Toronto Stock Exchange 500 000
common shares of Gildan Activewear Inc (“Gildan“) [TSX: GIL], at an average price of $41.00 per share.

Before this transaction, the Caisse held 12,033,502 common shares of
Gildan.

Pursuant to this transaction, the Caisse now holds 12,533,502 common
shares of Gildan, representing 10.30 % of the outstanding common
shares.

The Caisse may increase or decrease its interest in Gildan based on
market conditions or other relevant factors.

This news release is issued in accordance with the early warning
requirements stipulated by securities regulation, which require that
investors, including the Caisse, issue and file a news release and a
report, when they acquire beneficial ownership of securities with
voting rights that would represent, with the securities they already
hold, 10 % or more of the outstanding shares.

In accordance with the Early Warning System, a copy of this news release
and the report will be filed with the applicable Canadian Securities
Administrators and will be available on SEDAR’s website (www.sedar.com) and from the person referred to below.

SOURCE CAISSE DE DEPOT ET PLACEMENT DU QUEBEC