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Tiffany & Co. To Open Store In Chadstone, Australia

MELBOURNE, AUSTRALIA (August 6, 2009) — Tiffany & Co. (NYSE: TIF) today announced plans to open a store in Chadstone, Australia, in November 2009. The approximately 280-square-metre store will be located at Chadstone Shopping Centre, which is currently undergoing a major renovation to accommodate a luxury precinct in a spacious environment of stone, glass and stainless steel.

Tiffany architects and designers will create an equally modern and gracious store environment to showcase an array of renowned TIFFANY & CO. collections. Among them are the jeweller's celebrated diamonds in engagement rings and jewels of ultimate glamour; fine and sterling silver jewellery; the signature designs of Elsa Peretti, Paloma Picasso, Jean Schlumberger and Frank Gehry; watches; gifts and accessories.

"We are very excited to open our doors in the Chadstone Centre's new and world-class facility," said Glen Schlehuber, managing director of Tiffany & Co. Australia. "Our prominent location is ideal for hosting the residents of Melbourne and our loyal Tiffany customers and continuing our heritage of design and outstanding service for which Tiffany is known worldwide."

Chadstone will be Tiffany's fifth location in Australia. The jeweller also operates stores in Melbourne, Sydney, Brisbane and Perth.

Tiffany & Co. operates jewellery and specialty retail stores and manufactures products through its subsidiary corporations. 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, catalogue and business gift operations. Other operations include consolidated results from ventures operated under trademarks or trade names other than TIFFANY & CO. For additional information, please visit www.tiffany.com or au.tiffany.com.

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TIFFANY & CO. and TIFFANY, are trademarks of Tiffany and Company.

Contact:
Michaela Langley
Phone: 02 8023 8287
Michaela.Langley@tiffany.com

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