THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Perry Ellis International, Inc. (PERY)

5/15/2006 Proxy Information

George Feldenkreis is the father of Oscar Feldenkreis and Fanny Hanono and the father-in-law of Salomon Hanono. Fanny and Salomon Hanono are husband and wife.

Lease Agreements

We lease certain offices and warehouses owned by George Feldenkreis, our Chairman and Chief Executive Officer, under certain lease arrangements, most of which are on a month-to-month basis. Rent expense, including insurance and taxes, for these leases amounted to approximately $695,000, $654,000 and $428,000 for the years ended January 31, 2006, 2005 and 2004, respectively. Additionally, we reimbursed a Taiwanese entity controlled by George Feldenkreis for costs incurred in rendering services related to merchandising, sourcing, and quality control in the amount of approximately $81,000, $628,000 and $577,000 for the years ended January 31, 2006, 2005 and 2004, respectively. This arrangement was terminated during fiscal 2006.

Licensing Agreements

We are a party to licensing agreements with Isaco International, Inc. (“Isaco”), pursuant to which Isaco was granted the exclusive license to use the Perry Ellis and John Henry brand names in the United States and Puerto Rico to market a line of men’s underwear, hosiery and loungewear. The principal shareholder of Isaco is the father-in-law of Oscar Feldenkreis, our Vice Chairman, President and Chief Operating Officer. Royalty income earned from the Isaco license agreements amounted to $2,300,000, $2,300,000 and $2,204,000 for the years ended January 31, 2006, 2005 and 2004, respectively.

We are a party to licensing agreements with Tropi-Tracks LLC (“Tropi-Tracks”) pursuant to which Tropi-Tracks was granted an exclusive license to use the Jantzen brand name in the United States, Canada, and Mexico to market a line of men’s, women’s and junior’s casual and leisure footwear. Salomon Hanono, one of our directors and the son-in-law of George Feldenkreis, our Chairman and Chief Executive Officer, is a member of Tropi-Tracks. Royalty income earned from the Tropi-Tracks license agreement amounted to approximately $90,000, $57,000 and $81,000 for the years ended January 31, 2006, 2005 and 2004, respectively.

We are a party to licensing agreements with Superior International (“Superior”), pursuant to which Superior was granted a license to use the Perry Ellis, Cubavera and Mondo di Marco brand names in Latin America, Mexico and the Caribbean to market a line of women’s sportswear. Oscar Feldenkreis, our Vice Chairman, President and Chief Operating Officer, is a partner in Superior. Royalty income earned from the Superior license agreement amounted to approximately $281,000, $258,000 and $108,000 for the years ended January 31, 2006, 2005 and 2004, respectively.

Charter Agreements

During the years ended January 31, 2006, 2005 and 2004, we were a party to aircraft charter agreements with third parties, who chartered the aircraft from an entity controlled by George Feldenkreis and Oscar Feldenkreis. George Feldenkreis is our Chairman and Chief Executive Officer and Oscar Feldenkreis is our Vice Chairman, President and Chief Operating Officer. There is no minimum usage requirement, and the charter agreement can be terminated with 60 days notice. We paid these unrelated third parties approximately $688,000, $677,000 and $37,000 in the years ended January 31, 2006, 2005 and 2004, respectively.

We believe that all of the arrangements summarized above are on terms at least as favorable as we could secure from a non-affiliated third party.