USA: Oxford Industries Declares 161st Consecutive Cash Dividend

The Board of Directors of Oxford Industries, Inc (NYSE: OXM - news) today declared a cash dividend of $0.21 per share on Common Stock payable September 2, 2000 to stockholders of record on August 15, 2000. This is the 161st consecutive quarterly cash dividend since Oxford became publicly-owned in 1960.Oxford Industries, Inc is a diversified international manufacturer and wholesale marketer of branded and private label apparel for men, women and children. With manufacturing and sourcing operations in over 40 countries around the globe, Oxford provides retailers and consumers with a wide variety of apparel products and services to suit their individual needs. Major licensed brands include Tommy Hilfiger, Nautica, DKNY Kids, Geoffrey Beene, Slates, Oscar de la Renta, Izod Club and Robert Stock. Oxford's private label customers are found in every major channel of distribution including national chains, specialty catalogs, mass merchandisers, department stores, specialty stores and Internet retailers. The company's stock has traded on the NYSE since 1964 under the symbol OXM.Safe Harbor Statement. This press release contains certain forward- looking statements with respect to anticipated future results, which are subject to risks and uncertainties that could cause actual results to differ materially from anticipated results. These risks and uncertainties include, but are not limited to, general economic and apparel business conditions, continued retailer and consumer acceptance of company products, and global manufacturing costs.