Lifetime Hoan Corporation Declares Regular Quarterly Cash Dividend

WESTBURY, N.Y.--(BUSINESS WIRE)--Jan. 16, 2003--Lifetime Hoan Corporation (Nasdaq NM: LCUT) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.0625 per share, payable on February 20, 2003 to shareholders of record on February 6, 2003.

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.