Lifetime Hoan to Report Second Quarter 2002 Results On July 31

WESTBURY, N.Y., Jul 16, 2002 (BUSINESS WIRE) -- LIFETIME HOAN CORPORATION (NASDAQ NM: LCUT) will release its second quarter results before the market opens on Wednesday, July 31, 2002. The Company has scheduled a conference call for 11:00 a.m. Eastern Time on the same day.

The dial-in number for the conference call is (703) 871-3021. A replay of the call will also be available through Friday, August 2, and can be accessed by dialing 888-266-2081 or 703-925-2533, passcode #6069871.

A live webcast of the conference call will be broadcast at the Company's web site, www.lifetime.hoan.com. For those who cannot listen to the live broadcast, an audio replay of the call will also be available on the site.

Lifetime Hoan Corporation is a leading designer, marketer and distributor of household cutlery, kitchenware, cutting boards, pantryware and bakeware, marketing its products under various trade names including Farberware(R) and Hoffritz(R). Through the use of various brand names, Lifetime Hoan's products are distributed through almost every major retailer in the U.S.

CONTACT:          Lifetime Hoan Corporation
                  Company Contact:
                  Robert McNally, 516/683-6000
                  or
                  Investor Relations:
                  Lippert/Heilshorn & Associates, Inc.
                  Harriet Fried, 212/838-3777

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