NEW YORK--(BUSINESS WIRE)--Nov. 9, 2007--The Estée 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, President and Chief Executive Officer, reviewed fiscal 2007 financial results, described the Company's strategies and answered questions from stockholders. At the meeting, stockholders re-elected Aerin Lauder, William P. Lauder, Lynn Forester de Rothschild, and Richard D. Parsons to the Board of Directors. Stockholders also approved The Estée Lauder Companies Inc. Non-Employee Director Share Incentive Plan and ratified the appointment of KPMG LLP as independent auditors for the current fiscal year.

The Estée 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 135 countries and territories under well-recognized brand names, including Estée 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 Beauty, Mustang, Coach and Ojon.

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

    CONTACT: The Estée Lauder Companies Inc.
             Investor Relations:
             Dennis D'Andrea, 212-572-4384
             or
             Media Relations:
             Sally Susman, 212-572-4430

    SOURCE: The Estée Lauder Companies Inc.