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TOMMY HILFIGER CORPORATION FILES REGISTRATION STATEMENT FOR PUBLIC OFFERING OF 4.25 MILLION ORDINARY SHARES

 HONG KONG, Oct. 13 /PRNewswire/ -- Tommy Hilfiger Corporation (NYSE: TOM) today announced that it has filed a registration statement with the Securities and Exchange Commission for a public offering of 4.25 million ordinary shares, excluding certain shares subject to an over-allotment option granted to the underwriters.
 The offering will consist of 2.25 million shares to be sold by the company and 2 million shares to be sold by Apparel International Holdings Limited (AIHL), which is the majority shareholder of the company's ordinary shares.
 Following the offering, AIHL will own approximately 54 percent of the company's outstanding ordinary shares.
 The net proceeds from the offering of the ordinary Shares to be sold by the company will be used to fund the expansion of the company's in-store shop program; the development of the company's outlet store program; the opening of a limited number of Tommy Hilfiger retail stores; and for other general corporate purposes. The company will not receive any of the proceeds from the offering of the shares to be sold by AIHL.
 The offering is being managed by Lehman Brothers Inc. and Morgan Stanley & Co. Incorporated.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification.
 Tommy Hilfiger Corporation, through its subsidiaries, sources and markets men's sportswear and boyswear under the Tommy Hilfiger trademark. The company's products are sold in the United States, Canada, Japan, and South America.
 -0- 10/13/93
 /CONTACT: Joel J. Horowitz, president of Tommy Hilfiger U.S.A., Inc., 212-840-8888; or Jim Fingeroth or Karen Rubin of Kekst and Company, 212-593-2655/
 (TOM)


CO: Tommy Hilfiger Corporation ST: New York IN: TEX SU: OFR

GK -- NY061 -- 1674 10/13/93 12:26 EDT
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Publication:PR Newswire
Date:Oct 13, 1993
Words:357
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