Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Liz Claiborne, Inc. to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the June 29, 2009 Lead Plaintiff Deadline

BALTIMORE, MD--(Marketwire - May 4, 2009) - Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the securities of Liz Claiborne, Inc. ("Liz Claiborne" or the "Company") (NYSE: LIZ) during the period between February 28, 2007 and April 30, 2007, inclusive (the "Class Period").

No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff no later than June 29, 2009 and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement and how much of a settlement to accept for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the Company during the Class Period. You may contact Brower Piven (through hoffman@browerpiven.com or 410/986-0036) to answer any questions you may have in that regard.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period that the Company's wholesalers were significantly reducing orders, including, Macy's, its largest customer, which reduced orders in response to Liz Claiborne's decision to partner with JCPenney and launch the Liz & Co. and CONCEPTS by Claiborne brands at JCPenney. According to the complaint, on May 1, 2007, after the Company reported an approximately 65 percent drop in earnings, forecasted an unexpected decline in annual profit, and disclosed large cutbacks in orders from Macy's in reaction to the new Liz & Co. and CONCEPTS by Claiborne brands launched at JCPenney, the value of Liz Claiborne's stock declined significantly.

If you have suffered a net loss for all transactions in Liz Claiborne, Inc. securities during the Class Period (including shares or possibly calls purchased during, but retained after, the Class Period or possibly put options sold but not covered until after the Class Period), you may obtain additional information about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410-986-0036, or at Brower Piven, A Professional Corporation, The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 40 years. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.