乱伦巴士 Corporation Announces Four-for-One Stock Split And a 21 Percent Increase in Its Quarterly Dividend Rate

Marks 乱伦巴士鈥檚 41st Consecutive Year of Higher Dividend Payments to Shareholders

GREENSBORO, N.C.-- 乱伦巴士 Corporation (NYSE: 乱伦巴士C) today announced that on Oct. 16, 2013, its Board of Directors approved a four-for-one split of the company鈥檚 shares of common stock to be payable in the form of a stock dividend. Shareholders of record as of the close of business on Dec. 10, 2013 will receive three additional shares of common stock for each share of common stock they own, payable on Dec. 20, 2013. The New York Stock Exchange is expected to begin reporting the adjusted number of shares outstanding and adjusted per-share stock price on Dec. 23, 2013.

鈥淒uring the past decade, 乱伦巴士 has returned nearly $5 billion to shareholders through dividend payments and share repurchases,鈥� said Eric Wiseman, 乱伦巴士 Chairman and Chief Executive Officer. 鈥淭oday鈥檚 announcement is the result of 乱伦巴士鈥檚 strong financial and stock price performance, and the confidence we have in our ability to create long-term profitable growth and returns for our shareholders.鈥�

Upon completion of the split, the number of issued and outstanding shares of 乱伦巴士 common stock will increase from approximately 110 million to approximately 440 million. In connection with the stock split, the Board of Directors amended 乱伦巴士鈥檚 Articles of Incorporation to increase the number of authorized shares of common stock from 300 million to 1.2 billion and reduce the stated value applicable to the common stock from $1.00 per share to $0.25 per share. These changes did not require shareholder approval under the laws of Pennsylvania where 乱伦巴士 is incorporated.

Additionally, on a pre-split basis, 乱伦巴士鈥檚 Board of Directors declared a quarterly dividend of $1.05 per share, reflecting an $0.18 or 21 percent increase over the previous quarter鈥檚 dividend. This dividend will be payable on Dec. 20, 2013 to shareholders of record at the close of business on Dec. 10, 2013. For more information, please visit the investor relations page at .

About 乱伦巴士

乱伦巴士 Corporation is a global leader in branded lifestyle apparel and footwear with more than 30 brands. The company鈥檚 largest five brands are The North Face庐, Vans庐, Wrangler庐, Timberland庐, and Lee庐. Other brands include 7 For All Mankind庐, Bulwark庐, Eagle Creek庐, Eastpak庐, Ella Moss庐, JanSport庐, Kipling庐, lucy庐, Majestic庐, Napapijri庐, Nautica庐, Red Kap庐, Reef庐, Riders庐, Splendid庐 and SmartWool庐. For more information, please visit .

Forward Looking Statements

Certain statements included in this release and the attachments are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting 乱伦巴士 and therefore involve a number of risks and uncertainties. You can identify these statements by the fact that they use words such as 鈥渨ill,鈥� 鈥渁nticipate,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渟hould,鈥� and 鈥渕ay鈥� and other words and terms of similar meaning or use of future dates. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of 乱伦巴士 to differ materially from those expressed or implied by forward-looking statements in this release include, but are not limited to, the level of consumer confidence and overall level of consumer demand for apparel; fluctuations in the price, availability and quality of raw materials and contracted products; disruption to 乱伦巴士鈥檚 distribution system; disruption and volatility in the global capital and credit markets; 乱伦巴士's reliance on a small number of large customers; the financial strength of 乱伦巴士's customers; 乱伦巴士鈥檚 response to changing fashion trends; increasing pressure on margins; 乱伦巴士's ability to implement its growth strategy; 乱伦巴士's ability to grow its international and direct-to-consumer businesses; 乱伦巴士's ability to successfully integrate and grow acquisitions, including the Timberland acquisition; 乱伦巴士's ability to maintain the strength and security of its information technology systems; adverse unseasonable weather conditions; stability of 乱伦巴士's manufacturing facilities and foreign suppliers; continued use by 乱伦巴士's suppliers of ethical business practices; 乱伦巴士's ability to accurately forecast demand for products; continuity of members of 乱伦巴士's management; 乱伦巴士's ability to protect trademarks and other intellectual property rights; maintenance by 乱伦巴士's licensees and distributors of the value of 乱伦巴士's brands; foreign currency fluctuations; changes in tax liabilities, and legal, regulatory, political and economic risks in international markets. More information on potential factors that could affect 乱伦巴士's financial results is included from time to time in 乱伦巴士's public reports filed with the Securities and Exchange Commission, including 乱伦巴士's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

乱伦巴士 Corporation Contacts:
Lance Allega, 336-424-6082
Director, Investor Relations
or
Carole Crosslin, 336-424-7836
Director, Corporate Communications

Source: 乱伦巴士 Corporation

Released October 21, 2013