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To: Robert Rose who wrote (82687)	11/1/1999 8:50:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

gracias... like you I'm not interested in msgi... but just curious.

To: Robert Rose who wrote (82687)	11/1/1999 9:48:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Zale Corporation Announces E-commerce Initiative With Yahoo! Shopping DALLAS--(BUSINESS WIRE)--Nov. 1, 1999--Zale Corporation (NYSE: ZLC), North America's largest specialty retailer of fine jewelry, today announces an agreement with Yahoo! Inc., a leading global Internet media company, as the newest development in Zale's e-commerce strategy. Zales.com will be a featured merchant in the Jewelry and Watch area of Yahoo!(R) Shopping's Apparel and Accessories category. Visitors to Yahoo! Shopping at shopping.yahoo.com will be able to browse and purchase directly from zales.com, which offers customers a broad selection of gift giving, fashion and bridal fine jewelry. The Zales stores' best selling Brilliant Buys exemplify the quality and value showcased throughout the Zale's site. Additionally, consumers can use the site's "best gift" search capabilities to select that perfect item for an upcoming occasion. "We are pleased to enter into this e-commerce agreement which joins one of the most recognized brand names in jewelry with one of the most recognized brands on the Internet. Now, more the ever, we are committed to being the on-line gift giving headquarters." commented Chairman of the Board Robert J. DiNicola. Launched in November 1998, Yahoo! Shopping offers merchants a comprehensive platform for consumers to find, compare and buy almost anything online. Yahoo! Shopping currently has more than 7,500 stores and millions of products organized in more than 15 retail categories. Yahoo! Shopping is part of Yahoo! Inc., a global Internet media company that offers a branded network of media, commerce, and communication services to more than 100 million users worldwide. "This exciting relationship marks another step towards being the dominant jewelry brand in e-commerce. Coupled with our existing partnerships, this alignment further solidifies our plans to ensure our leadership position in e-tailing, and provides one more avenue to shop at Zales for holiday and year-round gift-giving needs, " said Beryl Raff, President and Chief Executive Officer. Zale Corporation operates approximately 1,330 specialty retail jewelry stores located throughout the United States, Canada, Puerto Rico, and online, including Zales Jewelers, Zales Outlet, Zales Direct at www.zales.com, Gordon's Jewelers, Bailey Banks & Biddle Fine Jewelers and Peoples Jewellers. Additional information on Zale Corporation and its operating brands is available on the Internet at www.zalecorp.com. Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc. This release includes certain forward-looking information that is based upon management's beliefs as well as on assumptions made by and data currently available to management. This information which has been, or in the future may be, included in reliance on the "safe harbor" provisions on the Private Securities Litigation Reform Act of 1995, is subject to a number of risks and uncertainties, including but not limited to the factors identified in the Company's 10-K and other documents filed with the Securities and Exchange Commission. Actual results may differ materially from those anticipated in such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances even if experience or future changes make it clear that any projected results expressed or implied therein may not be realized. --30--DH/na* tia/ny CONTACT: Zale Corporation Investor: Cynthia T. Gordon Senior Director, Investor Relations 972/580-5047 or Media: Mary Forte' Executive Vice President and Chief Administrative Officer 972/580-4810