Revlon Appoints Pamela Vaile, Senior Vice President, Global Product Development

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September 26, 2002 NEW YORK, Sep 26, 2002 (BUSINESS WIRE) -- Revlon, Inc. (NYSE:REV) today announced the appointment of Pamela Vaile to the position of Senior Vice President, Global Product Development, effective October 1, 2002.

In this position, Ms. Vaile will lead the Product Development Group and will be responsible for developing both U.S. and global based cosmetics, skincare and fragrance brands for the Revlon, Almay and Portfolio Brands. Ms. Vaile will report directly to Ms. Debra Leipman-Yale, Executive Vice President, Global General Manager, Revlon Brand.

"We are delighted to have someone of Pamela's caliber join Revlon and lead the product development team," said Jack Stahl, President and CEO. "Revlon's strong emphasis on creativity and innovation will greatly benefit from Pamela's proven track record and expertise."

Ms. Vaile's distinguished career spans over two decades. She is an accomplished executive and leading authority in product innovation and has worked creatively with major cosmetic companies on an international scale. Most recently, she founded Pamela Vaile Associates in 1994, a successful consulting firm specializing in product development in color cosmetics, skincare, bath and body, haircare, fine fragrances and personal care products. Her firm's clientele included Avon, Victoria's Secret, Ann Taylor, Estee Lauder, L'Oreal Paris, LVMH, Sara Lee, Hard Candy, Laura Mercier, Sears, JC Penney, Warner Brothers and Disney, to name a few. Prior to starting her own company, she worked for Borghese Inc. from 1991 to 1994, where she was instrumental in developing new products and product lines for their color cosmetics business. In 1988 she joined Limited, Inc. and was instrumental in the 1990 launch of their Bath and Body Works product line. Ms. Vaile spent 10 years at Avon Products, Inc. creating new product programs in color cosmetics, fragrance and skincare in both the U.S. and global markets. She began her career in 1976 at L'Oreal and Lancome at Cosmair.

"Revlon is a great American brand," said Pamela Vaile. "I feel particularly privileged to be a part of Revlon's exceptional new management team and look forward to contributing to the company's growth through product innovation and excellence."

Ms. Vaile is a frequent speaker on product innovation and consumer trends to the cosmetic industry and serves on the Board of Directors for FIT's Fragrances and Cosmetics graduate program.

Ms. Vaile replaces Donna Barasch, who left the company to pursue other career opportunities.

Revlon is a worldwide cosmetics, skin care, fragrance and personal care products company. The Company's vision is to become the world's most dynamic leader in global beauty and skin care. A web site featuring current product and promotional information, as well as corporate investor relation's information can be reached at www.revlon.com, www.almay.com and www.revloninc.com. The Company's brands include Revlon(R), Almay(R), Ultima(R), Charlie(R) and Flex(R) and they are sold worldwide.

CONTACT: Revlon Investor Relations: Maria Sceppaguercio, 212/527-5230 Media: Catherine Fisher, 212/527-5727

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