NEW YORK, April 3 /PRNewswire/ -- Polo Ralph Lauren Corporation (NYSE: RL) announced that Dennis P. Kelly has joined the company as vice president of risk management/controller. Mr. Kelly is responsible for all treasury functions, risk management, tax, and corporate reporting. He brings to the company a wealth of experience in financial and profit improvement planning. Mr. Kelly reports to Gerald Chaney, senior vice president and CFO of Polo Ralph Lauren.

Most recently, Mr. Kelly served as senior vice president and chief financial officer of Betesh Group, a multinational accessories distributor, where he was responsible for all financial and administrative functions including accounting, budgeting, planning, risk management and treasury. Prior to joining Betesh, Mr. Kelly was chief financial officer of Kasper A.S.L., Ltd., a publicly held manufacturer and marketer of women's apparel, where he oversaw the accounting, SEC reporting and various other financial functions of the company. Mr. Kelly spent the previous ten years at Crystal Brands, Inc., where he rose to the position of vice president, controller and treasurer.

Polo Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For more than 30 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 by Ralph Lauren," "Polo Sport Ralph Lauren," "Ralph Lauren Collection," "Ralph Lauren Purple Label," "RALPH by Ralph Lauren," "Lauren by Ralph Lauren," "Polo Jeans Co. Ralph Lauren," and "Chaps Ralph Lauren," among others, constitute one of the world's most widely recognized families of consumer brands. In May 1999, Polo Ralph Lauren acquired Club Monaco, a vertical lifestyle retailer based in Toronto. In February 2000, Ralph Lauren Media LLC was formed as a joint venture between Polo Ralph Lauren, NBC and two of NBC's affiliated companies -- ValueVision International, Inc. and NBC Internet, Inc. -- to bring the Polo Ralph Lauren American lifestyle experience to consumers via multiple media platforms, including the Internet, broadcast, cable and print. SOURCE Polo Ralph Lauren Corporation

CONTACT: Ellen Maguire, Public Relations of Polo Ralph Lauren