NEW YORK, Sep 6, 2002 (BUSINESS WIRE) -- Polo Ralph Lauren Corporation (NYSE: RL) today announced Wayne Meichner will join the Company Monday to manage Polo Ralph Lauren's 35 domestic stores.

Mr. Meichner will report to Bridget Ryan Berman, President and Chief Operating Officer of Polo Retail Group, who is responsible for Polo Ralph Lauren's entire 150-store domestic group consisting of both Polo Ralph Lauren and outlet stores.

Mr. Meichner, who has an extensive background in merchandising and store management, joins Polo after 23 years of experience at Saks Fifth Avenue where he most recently held the position of Executive Vice President of Merchandising. Prior to that, he held numerous senior positions including Senior Vice President and General Merchandising Manager of men's wear, children's, gifts, cosmetics and fragrance.

Polo Ralph Lauren Corporation is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For 35 years, Polo's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include "Polo", "Polo by Ralph Lauren", "Ralph Lauren Purple Label", "Polo Sport", "Ralph Lauren", "RALPH", "Lauren", "Polo Jeans Co.", "RL", "Chaps", and "Club Monaco" among others, constitute one of the world's most widely recognized families of consumer brands. For more investor information, go to http://investor.polo.com.

CONTACT:
Polo Ralph Lauren Corporation, New York
Media:
Ellen Maguire, 212/318-7115
or
Investor:
Nancy S. Murray, 212/813-7862