Coty Inc. Announces Exclusive Agreement With Global Icon Kylie Minogue

Coty Inc. Announces Exclusive Agreement With Global Icon Kylie Minogue

July 24, 2006

    NEW YORK, July 24 /Xinhua-PRNewswire/ -- Coty Inc., the
world's largest fragrance company, announced today that it
has signed beloved international pop star Kylie Minogue to
an exclusive licensing deal to develop and market a line of
fragrances and ancillary products. 

    This is the first entrance into the personal fragrance
market by the Australian-born Miss Minogue, a truly
international singer with 12 albums sold throughout the
world and more than 40 worldwide hits. Miss Minogue is an
incredible timeless pop star with number one hits over
three consecutive decades.

    The line of eau de toilette, eau de parfum and
ancillary products will be launched in broad distribution
in fall 2006 in Australia, the UK and Ireland and
subsequently throughout Europe and Asia. 

    Commenting on the partnership with Miss Minogue, Coty
Inc.'s Chief Executive Officer, Bernd Beetz, said,
"Kylie Minogue's incredible appeal among women
transcends borders and ages. Her successes as a performer
and a businesswoman, combined with her grace and
perseverance in the face of personal adversity, have not
only made her a role model but also have forged a
tremendous bond with her fans."

    Steve Mormoris, Senior Vice President, International
Marketing for Coty Inc. said that, "Kylie Minogue's
involvement in the project was tremendous. She showed a
real passion for and dedication to the development of the
fragrance, as she wanted to capture a true reflection of
her personality. Kylie Minogue represents the many
contrasting qualities of today's modern woman.  She is
sensual yet sweet, sexy and charming. She is delicate as
well as strong, seductive, glamorous and playful and so
much more. The scent reflects Kylie Minogue's multi-faceted
personality."

    Miss Minogue commented that "the launch of my new
fragrance coincides with a new chapter of my life. I chose
Coty as my fragrance partner because their passionate and
intimate approach to fragrance is similar to my passion as
an entertainer. Sharing that same vision of fragrance made
the partnership easy, smooth and exciting." 
    
    About Coty Inc.

    Coty Inc. was created in Paris in 1904 by Francois Coty
who is credited with founding the modern fragrance industry.
 For over 100 years, Coty Inc. has delivered innovative
products to consumers in 91 markets worldwide.

    Today, Coty Inc. is the world's largest fragrance
company and a recognized leader in global beauty with
annual net sales of $2.9 billion.  Driven by an
entrepreneurial spirit, passion, innovation and creativity,
Coty Inc. has developed an unrivaled portfolio of over 35
designer, celebrity and lifestyle brands. 

    The Coty Prestige brand portfolio is distributed in
prestige and ultra-prestige stores and includes designer
brands -- Calvin Klein, Cerruti, Chloe, Jette Joop, Jil
Sander, JOOP!, Kenneth Cole, Marc Jacobs, Nikos, Vera Wang
and Vivienne Westwood; celebrity brands -- Desperate
Housewives, Jennifer Lopez and Sarah Jessica Parker; and
lifestyle brands -- Baby Phat, Chopard, Davidoff,
Lancaster, Nautica and Phat Farm. 

    The Coty Beauty brand portfolio is more widely
distributed and includes designer brand -- Pierre Cardin;
celebrity brands -- Celine Dion, David and Victoria
Beckham, Isabella Rossellini, mary-kateandashley and Shania
Twain; and lifestyle brands -- adidas, Aspen, Astor, Calgon,
Chupa Chups, Esprit, Exclamation, Jovan, Miss Sixty, Miss
Sporty, Rimmel, Stetson, the healing garden and Vanilla
Fields.

    For additional information about Coty Inc., please
visit http://www.coty.com .

    For more information, please contact:

     Maria La Gamba
     Tel:    [phone]
     Email:  [e-mail]
     Web:    http://www.coty.com

SOURCE  Coty Inc.