FOR IMMEDIATE RELEASE



                      REVLON CONSUMER PRODUCTS CORPORATION
                     ISSUES $363 MILLION IN PRINCIPAL AMOUNT
                      OF 12% SENIOR SECURED NOTES DUE 2005
                AND ENTERS INTO NEW $250 MILLION CREDIT FACILITY

NEW YORK (NY), November 30, 2001 -- Revlon, Inc. ( NYSE:REV) announced today
that its wholly owned subsidiary, Revlon Consumer Products Corporation, had
issued on November 26, 2001 $363 million in principal amount of 12% Senior
Secured Notes due 2005.

The Senior Secured Notes were sold at a price of 96.569% of their principal
amount. The proceeds were paid into escrow pending completion of Revlon Consumer
Products Corporation's new credit agreement. On November 30, 2001 Revlon
Consumer Products Corporation entered into a New Credit Agreement with a
syndicate of banks providing $250 million in credit facilities comprised of
$117.9 in a term loan facility and $132.1 million in a multi currency revolving
credit facility. The net proceeds from the offering of the Senior Secured Notes
along with borrowings under the new credit agreement were used to repay all
amounts outstanding under Revlon Consumer Products




Corporation's existing credit agreement and fees and expenses of the notes
offering and new credit agreement and the balance will be available for general
corporate purposes.

The Senior Secured Notes have not been registered under the Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements under the
Securities Act.

ABOUT REVLON

Revlon is a worldwide cosmetics, skincare, fragrance, and personal care products
company. The Company's vision is to become the world's most dynamic leader in
global beauty and skincare. A web site featuring current product and promotional
information can be reached at www.Revlon.com, and www.Almay.com. The company's
brands include REVLON(Registered Trademark), ALMAY(Registered Trademark),
ULTIMA(Registered Trademark), CHARLIE(Registered Trademark) and
FLEX(Registered Trademark) and they are sold worldwide.


Investor Relations Contact for Revlon:               Media Contact for Revlon:
Laura Kiernan                                        Catherine Fisher
(212) 527-5230                                       (212) 527-5727