Liz Claiborne, Inc. Announces Decision to Accept Valid Tenders of Notes for Repurchase in its Tender Offer for Certain of its Euro 350.0 million 5.0% Notes Due 2013

Liz Claiborne, Inc. LIZ today announced its decision to accept valid tenders of Notes for repurchase in its offer to purchase certain of its euro 350.0 million 5.0% Notes due 2013. The Offer expired at 5:01 a.m. London time (12:01 a.m. New York time) on April 5, 2011, and at such time, euro 128.5 million of Notes had been tendered into the Offer. The Company has decided to accept valid tenders of Notes for repurchase pursuant to the Offer. The Offer is expected to settle on April 8, 2011.