2008-11-10 08:09:00 -

- The Estee Lauder Companies Inc. (NYSE: EL) held its annual meeting of stockholders today in New York City. Leonard A. Lauder, Chairman, conducted the meeting. William P. Lauder, Chief Executive Officer, reviewed fiscal 2008 financial results, described the Company's strategies and answered questions from stockholders. At the meeting, stockholders re-elected Charlene Barshefsky, Leonard A. Lauder and Ronald S. Lauder

to the Board of Directors. Stockholders also approved The Estee Lauder Companies Inc. Executive Annual Incentive Plan and ratified the appointment of KPMG LLP as independent auditors for the current fiscal year.

The Estee Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 140 countries and territories under the following brand names: Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M--A--C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, Good Skin(TM), Grassroots, Sean John, Missoni, Daisy Fuentes, Tom Ford, Mustang, Coach, Ojon and Eyes by Design.

An electronic version of this release can be found at the Company's website, www.elcompanies.com.

The Estee Lauder Companies Inc.
Investor Relations:
Dennis D'Andrea, 212-572-4384
or
Media Relations:
Alexandra Trower, 212-572-4430