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TOMMY HILFIGER CORPORATION ANNOUNCES INITIAL PUBLIC OFFERING OF ORDINARY SHARES

 TOMMY HILFIGER CORPORATION ANNOUNCES
 INITIAL PUBLIC OFFERING OF ORDINARY SHARES
 NEW YORK, Sept. 23 /PRNewswire/ -- Tommy Hilfiger Corporation announced the initial public offering today of 3,100,000 ordinary shares at a price of $15.00 per share. The company's ordinary shares are listed on the New York Stock Exchange under the symbol TOM. Net proceeds from the offering will be used to repay certain bank indebtedness and subordinated debt, repurchase preferred stock and for capital expenditures.
 The offering is being lead managed by Morgan Stanley & Co. Incorporated and co-managed by Lehman Brothers. The offering is made only by means of a prospectus. Copies of the prospectus can be obtained from the offices of Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, N.Y. 10020 or Lehman Brothers, American Express Tower, World Financial Center, New York, N.Y. 10285.
 Tommy Hilfiger Corporation, through its subsidiaries, designs, sources and markets designer men's sportswear, including woven shirts, knit shirts, pants, sweaters, outerwear and denim products, under the TOMMY HILFIGER trademark.
 -0- 9/23/92
 /CONTACT: Joel Horowitz, president of Tommy Hilfiger Corporation, 212-840-8888/
 (TOM) CO: Tommy Hilfiger Corporation ST: New York IN: REA SU: OFR


AH -- NY018 -- 2506 09/23/92 09:22 EDT
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Publication:PR Newswire
Date:Sep 23, 1992
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