Del Reports Increased Third Quarter Results

Del Laboratories, Inc., Uniondale, NY, today announced results for the third quarter and nine months ended September 30, 2002. Net sales for the third quarter of 2002 were $95,215,000, an increase of 21%. Net earnings for the third quarter of 2002 were $5,096,000, an increase of 115%.

Net sales for the first nine months of 2002 were $268,417,000, an increase of 19%. Net earnings for the first nine months of 2002 more than doubled to $14,633,000.

Dan K. Wassong, Chairman, President and Chief Executive Officer, said, “Growth in the third quarter was driven by the continued positive momentum of our cosmetic business, led by our Sally Hansen brand. Sally Hansen continues to grow its market share as the market leader in the nail care category, where market share for the third quarter rose to 26%. In the mass market nail color category, the company captured a 31% share of market during the quarter. Our N.Y.C. New York Color brand continues to grow and develop as one of the most successful new mass market cosmetic brands. Based on our continued strong performance, we look forward to reporting solid gains in our sales and earnings for the year.”