Florence Griffith Joyner's Collection Debuts At Lady Foot Locker Stores Nationwide.

PEABODY, Mass.--(BUSINESS WIRE)--Dec. 7, 1998--Saucony (NASDAQ:SCNYA) (NASDAQ:SCNYB) introduces Florence Griffith Joyner's signature line--"FGJ"--exclusively at more than 650 Lady Foot Locker stores across the country.

The "FGJ" collection features performance athletic footwear and apparel. Florence Griffith Joyner (Flo-Jo) had been working on the collection since 1997, and had been intimately involved in every step of the design process.

"Florence had long dreamed of having her own signature line. As with everything in her life, she put a tremendous amount of time, energy and passion into making this line a success. By continuing the work she started, we are adding to her legacy," said Al Joyner, husband of the late Flo-Jo at a press conference in October.

Saucony and Lady Foot Locker will be donating a portion of the proceeds from the sale of goods under the "FGJ" brand name to the Flo-Jo Memorial Community Empowerment Foundation thereby continuing Flo-Jo's work helping children worldwide.

Additionally, Saucony introduced a Flo-Jo poster program designed to help support the Flo-Jo Memorial Community Empowerment Foundation. Donations of $5.00 or more may be made to the Flo-Jo Memorial Community Empowerment Foundation, P.O. Box 6046, Peabody, MA 01961. All contributors will receive a commemorative Flo-Jo poster which captures Flo-Jo's beauty, passion, dedication and spirit. "We are pleased to offer our support of the Foundation," said Art Rogers, president of Saucony North America, who had developed a close working relationship with Florence.

The Flo-Jo Memorial Community Empowerment Foundation is a non-profit organization providing young people with the necessary financial, emotional and educational support in achieving their expressed goals, promoting self-esteem and social interaction while involving family and friends in the process.

Saucony, Inc. designs, develops, manufactures and markets (i) a broad line of performance-oriented athletic shoes for adults under the Saucony(R) brand name, (ii) high-quality bicycles and bicycle frames under the Quintana Roo (R) and Merlin(R) names, (iii) athletic apparel under the Hind(R) brand name and (iv) shoes for coaches and officials under the Spot-Bilt(R) name.

With more than 650 stores across the country, Lady Foot Locker is the largest athletic specialty retailer devoted exclusively to women and is part of the Venator Group. Venator Group is a diversified global retailer that operates 5,964 retail stores in 14 countries in North America, Europe, Australia and Asia. Through its athletic group of specialty retail formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports and Colorado stores, as well as its direct marketer Eastbay, the Company is a leading provider of athletic footwear and apparel. Other specialty retail chains include the Northern Group of apparel stores, afterthoughts jewelry stores and San Francisco Music Box giftware stores.