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Revlon Further Strengthens Balance Sheet

November 22, 2005

Revlon Inc. and its wholly-owned subsidi-ary, Revlon Consumer Products Corp. (RCPC), announced the consummation of a new $960 million credit facility from Citicorp USA Inc. and Citigroup Global Markets Inc. and a syndicate of lenders on terms similar to those previously announced.
The company indicated that the new credit facility and related financing transactions, which extend the maturity of much of the company’s debt that would otherwise have matured next year, further strengthen its balance sheet and represent another important step to creating long-term value.

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