Liz Claiborne Inc. Announces Regular Quarterly Cash Dividend

NEW YORK, July 15 /PRNewswire-FirstCall/ -- Liz Claiborne Inc. announced that the Board of Directors has declared a regular cash dividend on the Company's Common Stock at the rate of $0.05625 per share to be paid on September 15, 2008 to stockholders of record at the close of business on August 22, 2008. The declaration of any future dividends will be subject to the Company's earnings, financial position, capital requirements and other relevant factors.

About Liz Claiborne Inc.

Liz Claiborne Inc. designs and markets a global portfolio of retail-based premium brands including Kate Spade, Juicy Couture, Lucky Brand and Mexx. The Company also has a refined group of department store-based brands with strong consumer franchises including the Liz Claiborne and Monet families of brands, Enyce, Kensie, Kensiegirl, Mac & Jac, Narciso Rodriguez and the licensed DKNY Jeans Group. For more information visit http://www.lizclaiborneinc.com/.

CONTACT: Robert J. Vill, Vice President -- Finance and Treasurer of Liz Claiborne Inc., +1-201-295-7515

Web Site: http://www.lizclaiborneinc.com/

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