Tiffany to open store in Red Bank, New Jersey

New York, N.Y. (March 22, 2007) Tiffany &Co today announced plans for the November 2007 opening of a 6,000 square foot store in Red Bank, New Jersey, a jewel among Jersey shore communities.

Located at 105 Broad Street, the new store will offer an array of renowned TIFFANY & CO. collections. Among them are the jeweler's celebrated diamonds, including engagement rings and jewels of ultimate glamour in platinum and eighteen-karat gold settings, rare and lustrous pearls; the signature designs of Elsa Peretti, Paloma Picasso, Jean Schlumberger, and the artful twists and curves of Frank Gehry; watches, accessories, china and crystal gifts.

"With its arts community, find restaurants and luxury shopping, Red Bank is an increasingly popular destination and a natural setting for a TIFFANY & CO. store", said Beth O. Canavan, executive vice president of Tiffany & Co. " We've secured an ideal location, and we think the many residents and visitors who enjoy shopping on this charming street in the center of town will appreciate Tiffany's exceptional quality, craftsmanship and superior service."

Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporation. Its principal subsidiary is Tiffany and Company. The Company operates TIFFANY& CO. retail stores and boutiques in the Americas, Asia-Pacific and Europe and engages in direct selling through Internet, catalog and business gift operations. Other operations included consolidated results from ventures operated under trademarks or trade names other than TIFFANY & CO. For additional information, please visit www.tiffany.com or call our shareholder information line at 800-TIF-0110.