HAMPSHIRE GROUP, LIMITED

STOCK SYMBOL: HAMP.PK

CONTACT: Berns Communications Group, LLC Jessica Liddell / Melissa Jaffin

(212) 994-4660

HAMPSHIRE REPORTS THIRD QUARTER 2011 RESULTS New York, NY, November 15, 2011… Hampshire Group, Limited (OTC Markets: HAMP.PK, www.hamp.com) today announced its results for the three and nine months ended October 1, 2011 and filed its quarterly report on Form 10-Q. This press release should be read in conjunction with the filed quarterly report referred to in this release.

Commenting on the quarter, Heath L. Golden, President and CEO of Hampshire Group, stated, "We marked a key milestone in the new strategic direction of the business in the third quarter with the completion of the acquisition of Rio Garment. This important step on our path to profitability diversifies our distribution channels and provides access to the fast-growing specialty store
channel. We are on track with the integration process and are already co-marketing Hampshire's and Rio's product offerings in an effort to take advantage of the significant cross-selling opportunities we see across both businesses. Now with the transformative transactions to our business complete, we have the visibility to address cost reductions where appropriate and position ourselves to leverage our strategic initiatives to drive growth in the business."

Third Quarter 2011 Highlights