EXHIBIT 99.3 

                     REVLON CONSUMER PRODUCTS CORPORATION 
                             INTENDS TO REFINANCE 
                         9 1/2% SENIOR NOTES DUE 1999 

NEW YORK, NY -- (November 3, 1998) -Revlon Consumer Products Corporation 
("RCPC") announced today that it intends to offer a new series of debt 
securities (the "Notes"). The net proceeds of the Notes are intended to be 
used to refinance RCPC's $200 million of 9 1/2% Senior Notes Due 1999 (the 
"Old Notes"), which become due on June 1, 1999, through open market purchases 
or otherwise, and for general corporate purposes. Pending such use, the net 
proceeds of the Notes will be used to temporarily repay borrowings under 
RCPC's revolving credit facility. 

   RCPC is a wholly owned subsidiary of Revlon, Inc. (NYSE:REV). The offering 
of the Notes will not be registered under the Securities Act of 1933, as 
amended, and the Notes may not be offered or sold in the United States absent 
registration or an applicable exemption from the registration requirements. 

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   Information in this Press Release includes forward-looking statements made 
pursuant to the safe harbor provisions of the Private Securities Litigation 
Reform Act of 1995. Such statements include, without limitation, RCPC's 
intention to refinance the Old Notes. All such forward-looking statements 
involve risks and uncertainties. In addition to factors that are described in 
the SEC filings of RCPC, the following factors could cause actual results to 
differ materially from those expressed in the forward-looking statements: 
difficulties or delays in consummating the sale of the Notes, the proceeds 
from which will be used to refinance the Old Notes, as well as other 
difficulties in effecting such refinancing. 

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Press Contact:            Nancy Risdon 
                          212-527-5791 

Investor Relations:       Deena Fishman 
                          212-527-5230