Levi Strauss & Co announced today that it has extended the expiration date of its pending offer to exchange (the "Exchange Offer") its 6.80 per cent Notes due 2003 and 7.00 per cent Notes due 2006 which have been registered under the Securities Act of 1933, as amended, for all of its outstanding, unregistered 6.80 per cent Notes due 2003 and 7.00 per cent Notes due 2006. The Exchange Offer will now expire at 5 p.m., Eastern Daylight Time, on June 19, 2000, unless otherwise extended. All other terms and conditions of the Exchange Offer shall remain as set forth in the Prospectus dated May 17, 2000.