LEASE AMENDMENT AND EXTENSION BETWEEN KATHRYN B. GODLEY ("LESSOR") AND SPEIZMAN INDUSTRIES, INC. ("LESSEE") THE LEASE DATED MARCH 5, 1996 BY AND BETWEEN KATHRYN B. GODLEY, LESSOR, AND SPEIZMAN INDUSTRIES, INC., LESSEE, IS HEREBY AMENDED BY MUTUAL...

                          LEASE AMENDMENT AND EXTENSION
                      BETWEEN ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ("LESSOR")
                                       AND
                      ▇▇▇▇▇▇▇▇ INDUSTRIES, INC. ("LESSEE")

THE LEASE DATED MARCH 5, 1996 BY AND BETWEEN ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, LESSOR, AND
▇▇▇▇▇▇▇▇ INDUSTRIES, INC., LESSEE, IS HEREBY AMENDED BY MUTUAL AGREEMENT OF THE
PARTIES TO EXTEND THE TERM OF THE LEASE IN FULL FORCE AND EFFECT UNTIL DECEMBER
31, 1999. ALL OTHER TERMS AND PROVISIONS SHALL REMAIN AS STATED.





ACCEPTED:



LESSOR:                                     LESSEE:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇                           ▇▇▇▇▇▇▇▇ INDUSTRIES, INC.


/S/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇                       BY: /S/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III
---------------------                       ------------------------------
                                                     ITS:  CFO


DATE:  8-16-99                              DATE:  8-10-99