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REGINALD F. LEWIS, CHAIRMAN AND CEO

 NEW YORK, Jan. 19 /PRNewswire/ -- Reginald F. Lewis, chairman, chief executive and principal shareholder of TLC Beatrice International Holdings, Inc., the multi-national food company, died today, January 19 in Manhattan. He was 50 years old and lived in New York City and Paris.
 Mr. Lewis died of a cerebral hemorrhage, secondary to cancer of the brain, said a spokesperson at TLC Beatrice.
 Only a week before his death, Mr. Lewis had established an office of the chairman at TLC Beatrice, headed by his brother Jean S. Fugett Jr. as vice chairman, to take over day-to-day management of the billion- dollar company.
 A graduate of the Harvard Law School, Mr. Lewis began his career as an associate with the New York firm of Paul, Weiss, Rifkind, Wharton & Garrison, specializing in corporate and securities law. In 1973, he founded his own firm, Lewis & Clarkson, where he served as a senior partner until he decided to give up his successful law practice and concentrate on his own investment activities.
 Mr. Lewis founded his investment firm, TLC Group L.P., in 1983, and a year later closed his first major transaction, acquiring the McCall Pattern Company, one of the nation's oldest home-sewing concerns. After leading it to the two most profitable years in its 113-year history, Mr. Lewis sold McCall in June 1987 to a British textile company.
 Immediately thereafter, Mr. Lewis embarked on the transaction that would secure his status as one of the most successfully entrepreneurs of his time. He acquired Beatrice International for $985 million in what was at the time the largest offshore leveraged buyout ever undertaken. Mr. Lewis quickly moved to reduce the debt and reposition the company, now known as TLC Beatrice, as a pan-European food company. He sold many of its non-European operations and invested heavily in the reaming core group.
 Mr. Lewis's efforts were successful. Under his guidance, sales grew, despite vastly downsized operations, from $1.02 billion in 1988 to $1.54 billion in 1991, and debt fell from $513 million in 1988 to $151 million in 1991. The company became profitable in 1989. In 1991, it earned over $50 million in net income.
 Mr. Lewis's civic and charitable activities were legion. Through the Reginald F. Lewis Foundation, the organization he created to manage his philanthropic endeavors, he donated approximately $10 million to a long list of charitable, educational, medical, artistic and civil rights institutions in the U.S. and abroad in the past four years alone. Recently, he donated $3 million to Harvard law School to fund the Reginald F. Lewis International Law Center, which is serving as the focal point for the school's increasingly international emphasis. The gift was the largest ever made to the Harvard Law School, which out of gratitude has named the facility that will house the center after Mr. Lewis.
 Mr. Lewis was the recipient of many awards and honors and sat on a number of board of directors. Among the boards of which Mr. Lewis was a member at the time of his death are WNET Channel 13 in New York and the NAACP Legal Defense Fund. He was also a member of the Business Roundtable and of the Economic Advisory Committee of New York City Mayor David Dinkins had been nominated by Mayor Dinkins to be a member of the Municipal Assistance Corporation of the City of New York.
 A native of Baltimore, Mr. Lewis was a graduate of Virginia State University as well as the Harvard Law School. He is survived by his wife, Loida Nicolas Lewis; two daughters, Leslie and Christina; his mother, Carolyn C. Fugett, and stepfather, Jean S. Fugett Sr.; two sisters, Rosalyn T. Fugett Wiley and Sharon M. Fugett; and two brothers, Anthony S. Fugett and Joseph M. Fugett, in addition to Mr. Fugett and many aunts, uncles, nieces and nephews.
 -0- 1/19/93
 /CONTACT: R.S. Meily, vice president-communications of TLC Beatrice, 212-756-8930/


CO: TLC Beatrice International Holdings, Inc. ST: New York IN: FOD SU:

LD-TM -- NY095 -- 6600 01/19/93 17:56 EST
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