The Board of Directors of Tiffany & Co. (NYSE: TIF) has appointed Andrew W. Hart to the newly-created position of Senior Vice President - Diamonds and Gemstones. Mr. Hart, 44, joined Tiffany in 1999 and, since 2002, has been Vice President - Diamonds and Gemstones.

Michael J. Kowalski, chairman and chief executive officer, said, “Andy has grown our Diamond and Gemstone division and our diamond manufacturing subsidiary, Laurelton Diamonds, into a world-class organization operating in seven countries with more than 1,600 employees. As we expand our business around the globe, the supply of high-quality diamonds and gemstones is of strategic importance to our success, and Andy will continue to play an important role in leading our efforts.”

Mr. Hart will continue to report to James N. Fernandez, executive vice president and chief operating officer.

Tiffany & Co. operates jewelry stores and manufactures products through its subsidiary corporations. Its principal subsidiary is Tiffany and Company. The Company operates TIFFANY & CO. retail stores in the Americas, Asia-Pacific, Japan and Europe and engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit or call our shareholder information line at 800-TIF-0110.

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