Tiffany & Co. (NYSE: TIF) today announced plans to open a store in The Forum Shops at Caesar's Palace in Las Vegas in late summer 2007.

?Las Vegas boasts a multitude of activities and luxury shopping is surely one of them,? said Beth O. Canavan, executive vice president of Tiffany & Co. ?The Forum Shops is a major draw for the millions of vacationers, weekenders and business people who annually visit this unique city with a growing residential community and we look forward to opening our doors in this very special environment.?

The new store will be configured on two levels, with spacious jewelry salons and an array of Tiffany's renowned collections, including the world's finest diamonds in dazzling engagement rings and glamorous jewels; rare and lustrous pearls; the signature designs of Elsa Peretti, Paloma Picasso, Jean Schlumberger and Frank Gehry; watches; accessories and gifts.

The new Forum Shops store is Tiffany's second location in Las Vegas. The jeweler also operates a very successful store in The Bellagio Hotel and Resort, which opened in 1998.

Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Its principal subsidiary is Tiffany and Company. The Company operates TIFFANY & CO. retail stores and boutiques in the Americas, Asia-Pacific and Europe and engages in direct selling through Internet, catalog and business gift operations. Other operations include consolidated results from ventures operated under trademarks or trade names other than TIFFANY & CO. For additional information, please visit www.tiffany.com or call our shareholder information line at 800-TIF-0110.

TIFFANY & CO. and TIFFANY are trademarks of Tiffany and Company.