THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Liz Claiborne, Inc. (LIZ)

3/31/2006 Proxy Information

The law firm of Kramer Levin Naftalis & Frankel LLP, of which Kenneth P. Kopelman, a Director of the Company, is a partner, provides certain legal services to the Company. During 2005, the firm was paid approximately $3,900,000 for fees incurred by the Company in connection with such services. This amount represents approximately 2% of such firmÕs 2005 fee revenue.

Bradley R. Charron, son of the CompanyÕs Chairman and Chief Executive Officer, was employed by the Company at its wholly-owned Mexx B.V. subsidiary, through July 2005. Mr. Charron received aggregate compensation of $119,600 for his services, which includes approximately $60,000 related to Mr. CharronÕs expatriate status under the terms of the CompanyÕs international assignment policy, including costs for benefits, allowances, repatriation and tax equalization.

The forgoing transactions were effected on an armÕs-length basis, with services paid for at fair market value. The Company believes that each of the transactions described above was effected on terms no less favorable to the Company than those that would have been realized in transactions with unaffiliated entities or individuals.

4/1/2005 Proxy Information

The law firm of Kramer Levin Naftalis & Frankel LLP, of which Kenneth P. Kopelman, a Director of the Company, is a partner, provides certain legal services to the Company. During 2004, the firm was paid approximately $2,000,000 for fees incurred by the Company in connection with such services. This amount represents approximately 1% of such firmÕs 2004 fee revenue.

Bradley R. Charron, son of the CompanyÕs Chairman and Chief Executive Officer, is employed by the Company at its wholly owned Mexx B.V. subsidiary. During 2004, Mr. Charron received aggregate compensation of $100,900 for his services.

4/2/2004 Proxy Information

The law firm of Kramer Levin Naftalis & Frankel LLP, of which Kenneth P. Kopelman, a Director of the Company, is a partner, provides certain legal services to the Company. During 2003, the firm was paid approximately $2,350,000 for fees incurred by the Company in connection with such services. This amount represents approximately 1% of such firm's 2003 fee revenue.

Bradley R. Charron, son of the Company's Chairman and Chief Executive Officer, is employed by the Company at its wholly-owned Mexx Group B.V. subsidiary. During 2003, Mr. Charron received aggregate compensation of $99,614 for his services.

Since 2001, Barneys New York, Inc., for which Howard Socol, a Director of the Company, serves as Chairman and Chief Executive Officer, has purchased products in the ordinary course of its business from Juicy Couture, Inc., a fashion apparel and accessories company acquired by the Company in April 2003. In 2003, Juicy Couture Inc.'s net sales to Barneys were approximately $1,200,000, representing less than 0.3% of Barneys' revenues for its last completed fiscal year. After consideration, the Board of Directors has affirmatively determined, notwithstanding such relationship, that Mr. Socol is "independent," as such term is defined in the NYSE Corporate Governance Standards and our Corporate Governance Guidelines. See "Corporate Governance and Board Matters -- Board Independence" above.

The forgoing transactions were effected on an arm's-length basis, with services paid for at fair market value. The Company believes that each of the transactions described above was effected on terms no less favorable to the Company than those that would have been realized in transactions with unaffiliated entities or individuals.

3/28/2003 Proxy Information

During fiscal 2002, the Company and certain of its contractors purchased, in the ordinary course of their business for use in the manufacture of Company products, fabric from certain European textile mills for which Gordon Textiles International, Ltd. ("GTIL") acts as a sales agent in the United States. J. James Gordon, a Director of the Company whose term will expire at the Annual Meeting, is the sole stockholder of GTIL. Such fabric purchases during fiscal 2002 aggregated approximately $300,000; GTIL received commissions from its client mills, at customary industry rates, in respect of such sales aggregating approximately $31,000.

The law firm of Kramer, Levin, Naftalis & Frankel LLP, of which Kenneth P. Kopelman, a Director of the Company, is a partner, provides legal services to the Company. During 2002, the firm was paid $1,522,973 for fees incurred by the Company in connection with such services. This amount represents approximately 1% of such firm's 2002 fee revenue.

Bradley R. Charron, son of the Company's Chairman and Chief Executive Officer, is employed by the Company. During 2002, Mr. Charron received aggregate compensation of $74,100 for his services.

The foregoing transactions were effected on an arm's-length basis, with services paid for at fair market value. The Company believes that each of the transactions described above were effected on terms no less favorable to the Company than those that would have been realized in transactions with unaffiliated entities or individuals.