Coty Inc. and Lady Gaga Announce Fragrance Partnership

Beauty Giant and Grammy Award Winning Artist to Debut Global Fragrance Line

NEW YORK, November 16, 2010 - Coty Inc., a leading global beauty company, officially announces the
signing of international and multifaceted artistic force Lady Gaga to develop
and market her first-ever signature fragrance.

Having sold more than 13 million albums and 52 million singles worldwide,
Lady Gaga is one of the most influential celebrities and powerful musicians
today, making the artist the most recent dynamic addition to Coty's portfolio
of celebrity partnerships. Known for her larger than life persona, Lady
Gaga's fragrance will be a seamless extension of her combined talent for
music, video, fashion and art.

The creation of a fragrance ultimately will allow Lady Gaga to intimately
connect with her fans on a global scale. "Lady Gaga's universal appeal makes
her a subject of fascination. A force like no other, Lady Gaga is explosive,
provocative and sexy, three traits which pave the way for an extraordinary
fragrance experience for consumers," declared Bernd Beetz, Chief Executive
Officer, Coty Inc.

"Coty is recognized as a world leader in celebrity fragrance. Globally,
Coty's leadership in celebrity fragrance is undisputed," said Beetz. "We
welcome Lady Gaga to the Coty family and look forward to breaking boundaries
that will allow people to experience beauty in a different and unique way."

The yet-to-be named fragrance line is expected to launch in spring 2012.
Distributed worldwide, the fragrance will be managed by the Company's Coty
Beauty division in close collaboration with Lady Gaga, who will be Creative
Director, and her Haus of Gaga team.

"The marketing behind Lady Gaga's fragrance will be unprecedented and
groundbreaking," said Steve Mormoris, Sr. V.P. of Global Marketing for Coty
Beauty. "We are working toward distilling the brilliance of Lady Gaga into a
fragrance that delivers a breathtaking olfactory experience and a timeless,
enduring packaging design that is part of Lady Gaga's overall artistic
sensibility," said Mormoris.

Marketing plans for the fragrance are currently in development.

Additional information will be announced closer to the launch. Financial
terms of the agreement were not disclosed.

About Coty Inc.

Coty was created in Paris in 1904 by Francois Coty who is credited with
founding the modern fragrance industry.

Today, Coty Inc. is a recognized leader in global beauty with annual net
sales of nearly $4 billion. Driven by an entrepreneurial spirit, passion,
innovation and creativity, Coty Inc. has developed an unrivaled portfolio of
notable brands and delivers its innovative products to consumers in 90
markets worldwide.

The Coty Prestige brand portfolio is distributed in prestige and
ultra-prestige stores and includes Balenciaga, Bottega Veneta, Calvin Klein,
Cerruti, Chloe, Chopard, Davidoff, Home Skin Lab, Jennifer Lopez, Jil Sander,
JOOP!, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, La
Voce by Renee Fleming , Lancaster, Marc Jacobs, Nikos, Sarah Jessica Parker,
Vera Wang, Vivienne Westwood and Wolfgang Joop.

The Coty Beauty brand portfolio is more widely distributed and includes
adidas, ASTOR, Baby Phat, Beyonce Knowles, Celine Dion, Chupa Chups, David
and Victoria Beckham, Esprit, Exclamation, Faith Hill, GUESS, Halle Berry,
Jovan, Kate Moss, Kylie Minogue, La Cross, Miss Sixty, Miss Sporty, N.Y.C.
New York Color, Pierre Cardin(1), Playboy, Rimmel, Sally Hansen, Shania
Twain, Stetson, Tim McGraw, and Tonino Lamborghini.

Coty and Puig Fashion and Beauty S.A. have a strategic partnership for
the distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada,
Paco Rabanne, and Antonio Banderas in the United States and Canada.

For additional information about Coty Inc., please visit
www.coty.com.

(1) Not available in North America

About Lady Gaga:

Lady Gaga exploded onto the global cultural landscape last year with her
massive pop anthems and her fashion-forward aesthetics. Worldwide she has
sold more than 13 million copies of her debut album, The Fame, and more than
50 million singles, making her music's biggest breakout star of the decade.

She is the first artist in history to claim four #1 hits from a debut
album ("Just Dance," "Poker Face," "LoveGame" and "Paparazzi"). She is also
the only artist in the digital era to top the 5 million sales mark with her
first two hits. Gaga broke the record when her single "Poker Face" reached 5
million in sales after her debut single "Just Dance" accomplished the same
feat the year before.

She has over 1 billion combined views of all her videos online, and The
Fame is the best selling digital album of all time. She is also a staple in
the social networking world. She's the biggest living person on Facebook with
over 21 million 'likes,' and is #1 on Twitter with over 6.9 million
followers. Her recent tour, the "electro-pop-opera" extravaganza "The Monster
Ball" kicked off last year following the release of her album The Fame
Monster (a re-package of The Fame).

In a time when concert-going has decreased significantly, Lady Gaga's
tour continues to be a booming success. The winner of two Grammy Awards (she
has been nominated for six), Lady Gaga also recently broke the record for the
most MTV Video Music Award nominations in history with 13 nods in 2010.

Cysette Burset, +1-212-479-4549, cysette_burset at cotyinc.com; or Lindsay Wooten, +1-202-828-8829, Lindsay.Wooten at fleishman.com