The Jones Group Announces $100 Million Offering of 6.875% Senior Notes Due 2019

The Jones Group

today announced its intent to commence an offering of $100 million in aggregate principal amount of its 6.875% Senior Notes due 2019. These notes will be issued as additional notes under the indenture pursuant to which Jones issued $300 million in aggregate principal amount of its 6.875% Senior Notes due 2019 on March 7, 2011. The additional notes will be treated as a single series with, and will have the same terms as, the existing 2019 notes and will be fungible with the existing 2019 notes. The offering will be made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. The proceeds of the offering will be used for general corporate purposes. Citigroup, J.P. Morgan, BofA Merrill Lynch, SunTrust Robinson Humphrey and Wells Fargo Securities will serve as Joint Book-Running Managers on this transaction. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities. The offering will be made only by means of a prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SEC's website at www.sec.gov or by contacting Citigroup at the following address: Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220 or by calling the following toll-free number: (800) 831-9146