Tiffany & Co. (NYSE: TIF) today announced plans to open an approximately 5,100-square-foot store in Westfield Topanga, a luxury retail center in the Topanga Canyon area of Los Angeles, California, in April 2008.

Located at 6600 Topanga Canyon Boulevard in Canoga Park, Westfield Topanga was expanded in 2006 to include more upscale retailers and amenities such as dining and entertainment. Flooded with natural light, the spacious center has become a luxury shopping destination for the San Fernando Valley and beyond.

?Westfield Topanga is ideally located just minutes from Malibu and the Santa Monica mountains, and our prime location amid the center's elegant, open atmosphere is also ideal,? said Beth O. Canavan, Tiffany & Co. executive vice president. ?The store is perfectly positioned to welcome visitors from surrounding neighborhoods and to build upon our already successful presence in the greater Los Angeles region. We look forward to better serving our many customers in the important Southern California market with the convenience of shopping at Tiffany.?

?Westfield is thrilled to welcome Tiffany & Co. to the newly expanded and remodeled Westfield Topanga. With their elegant atmosphere, magnificent collections and quality service, Tiffany & Co. is a perfect partner for Westfield. We are proud to have Tiffany & Co. joining the impressive line-up of new luxury shops at Westfield Topanga and we look forward to this much anticipated opening.? Randy Ebertowski, Senior General Manager, Westfield Topanga.

The new store, Tiffany's fourth location in Los Angeles, will showcase the jeweler's heritage of quality and craftsmanship in a wide array of celebrated collections. Among them are diamond engagement rings, diamond and gemstone jewels of ultimate glamour; the signature designs of Elsa Peretti, Paloma Picasso, Jean Schlumberger and Frank Gehry; watches; accessories and gifts.

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.

Tiffany & Co.
Mark L. Aaron, 212-230-5301
mark.aaron@tiffany.com
or
Linda Buckley, 212-277-5900
linda.buckley@tiffany.com