NEW YORK, Nov. 4 /PRNewswire/ -- Revlon Consumer Products Corporation
("RCPC") announced today that it has offered $250,000,000 aggregate principal
amount of its 9% Senior Notes due 2006 (the "Notes"), which offering is
scheduled to close on Friday, November 6, 1998.  As previously announced, a
portion of the net proceeds of the Notes will be used to refinance RCPC's $200
million of 9 1/2 % Senior Notes Due 1999 (the "Old Notes"),  which become due
on June 1, 1999, including through open market purchases.  RCPC intends to use
the balance of the net proceeds from the sale of the Notes for general
corporate purposes, including to temporarily reduce indebtedness under the
working capital lines under its credit agreement.  Pending the refinancing of
the Old Notes, such net proceeds will be retained by RCPC and a portion of
such proceeds will be used to temporarily reduce indebtedness under the
working capital lines under RCPC's credit agreement and under other short-term
facilities.
    RCPC is a wholly owned subsidiary of Revlon, Inc. (NYSE: REV).  The
offering of the Notes will not be registered under the Securities Act of 1933,
as amended, and the Notes may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements.

    Information in this Press Release includes forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995.  Such statements include, without limitation, RCPC's
intention to refinance the Old Notes.  All such forward-looking statements
involve risks and uncertainties.  In addition to factors that are described in
the SEC filings of RCPC, the following factors could cause actual results to
differ materially from those expressed in the forward-looking statements:
difficulties or delays in consummating the sale of the Notes, the proceeds
from which will be used to refinance the Old Notes, as well as other
difficulties in effecting such refinancing.

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