Avon Products (AVP) Developed Market Vice Chair Cramb Leaves for Personal Reasons

As of January 29, 2012, Charles W. Cramb, Vice Chairman, Developed Market Group of Avon Products, Inc. (NYSE: AVP), is no longer with the Company. This personnel action was taken on January 29, 2012 in connection with the Company's previously disclosed internal investigation and the Regulation FD matter. These matters are ongoing and no final determinations regarding these matters can be made at this time. The financial terms of his separation are subject to future determinations in connection with such matters.

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