Amendment #9 To The Savings Plan

AMENDMENT NO. 9
TO THE
LIZ CLAIBORNE SAVINGS PLAN


(As Amended and Restated Effective January 1, 1987)


The Liz Claiborne Savings Plan as amended and restated effective January 1, 1987 (the "Plan") is hereby further amended effective January 1, 1998 in the following respects:


(1) Section 8.3 is restated to read as follows:


"8.3 Payment Medium. The vested balance of a Member's
Accounts shall be paid by (a) allocating all or a part of his
Accounts' balances to the Company Stock Fund as of the
Valuation Date established for distribution thereof in
accordance with the provisions of Article IX, and (b)
distributing the number of shares of Company stock then held
in the Trust for his Accounts equal to the portion of his
Accounts to be distributed to him; provided, that the Member
may request that his Accounts be distributed, in whole or in
part, in cash. Notwithstanding the foregoing, if the value of
a Member's vested interest in his Accounts does not exceed
(and did not exceed at the time of any prior distribution
under the Plan) $5,000 ($3,500 if prior to January 1, 1998)
(including, if applicable, a value equal to zero), such
Member's distribution shall be paid in cash except as the
Committee shall otherwise direct; provided, that the Member
may request that his Accounts be distributed, in whole or in
part, in shares of Company stock. If distribution is to be
made in cash in respect of any portion of a Member's interest
in the Trust Fund represented by Company stock, such Company
stock shall be converted into its cash equivalent based on the
value of Company stock as of the Valuation D ...