Polo Ralph Lauren Declares Quarterly Dividend

Polo Ralph Lauren Corporation (NYSE: RL) recently announced that its Board of Directors has declared a regular quarterly dividend of $0.10 per share on Polo Ralph Lauren Corporation Common Stock. The dividend is payable on January 14, 2011 to shareholders of record at the close of business on December 31, 2010.

ABOUT POLO RALPH LAUREN

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 40 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, Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren Childrenswear, American Living, Chaps and Club Monaco, constitute one of the world's most widely recognized families of consumer brands. For more information, go to http://investor.ralphlauren.com.