The Estee Lauder Companies Inc. 2008 Annual Report

STOCKHOLDER INFORMATION

Company Headquarters
The Estée Lauder Companies Inc.
767 Fifth Avenue, New York, New York 10153
212-572-4200

Stockholder Information
Stockholders may access Company information, including a summary of the latest financial results, 24 hours a day, by dialing our toll-free information line, 800-308-2334. News releases issued in the last 12 months are available online at www.elcompanies.com.

Investor Inquiries
We welcome inquiries from investors, securities analysts and other members of the professional financial community. Please contact the Investor Relations Department in writing at the Company's headquarters or by telephone at 212-572-4384.

Annual Report on Form 10-K
If you would like a copy of the Company's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, please call the toll-free information line, 800-308-2334, or write to the Investor Relations Department at the Company's headquarters. Our 10-K is also available on our website at www.elcompanies.com. The most recent certifications by our Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed as exhibits to our Form 10-K. We have also filed with the New York Stock Exchange the most recent Annual CEO Certification as required by Section 303A.12(a) of the New York Stock Exchange Listed Company Manual.

Common Stock Information
The Class A Common Stock of The Estée Lauder Companies Inc. is listed on the New York Stock Exchange with the symbol EL.

Quarterly Per Share Market Prices

Dividends
Dividends on the common stock are expected to be paid annually following the declaration by the Board of Directors. The last annual dividend was $.55 per share and was paid in December 2007.

Annual Meeting
The Company's Annual Meeting of Stockholders will be held on Friday, November 7, 2008, at 10:00 a.m. at:
The St. Regis
Two East 55th Street
New York, New York 10022

Attendance at the Annual Meeting will require an admission ticket.

Stockholder Services
Mellon Investor Services LLC is the Company's transfer agent and registrar. Please contact Mellon directly with all inquiries and requests to:

Change the name, address, or ownership of stock;

Replace lost certificates or dividend checks;

Obtain information about dividend reinvestment, direct stock purchase or direct deposit of dividends.

Mellon Investor Services LLC
P.O. Box 358015
Pittsburgh, PA 15252-8015
888-860-6295
www.bnymellon.com/shareowner/isd

TRADEMARKS
The Estée Lauder Companies Inc. and its subsidiaries own numerous trademarks. Those appearing in the text of this report include: 3-Step Skin Care System, 8 Flower Nectar Aromatic Care, A Perfect World, Acne Solutions, Advanced Night Repair, Age Rescue, All Bright, All Calm, All Firm, All is Forgiven, All Skins, Almost Powder, American Beauty, Anti-Age Advanced Protection Lotion, AnyWear, Aramis, Arovita C, Aveda, Bali Dream, Bb. Creme de Coco, Curl Conscious, Bb. Shine Spray, Bb. Tonic Lotion, Bb. Thickening Spray, Be Curly, Beauty Boost, Beautiful, Beloved, Bobbi Brown, Bobbi Brown beach, Bobbi Brown Extra, Bumble and bumble, Bronze Goddess, Calyx, Camouflage Cream, Chakra, Clinique, Clinique Happy, Clinique Medical, Color Conserve, Colorprint, Crème de La Mer, Custom Blend, Cyber White EX, Daily Moisture Defense Lotion, Damage Remedy, Darphin, Dazzlelash, Denblan, Double Wear, Dramatically Different, Dreamy Eyes, Estée Lauder, Estée Lauder pleasures, Even Better, Eyeliplex-2, Eyes by Design, False Eyelashes, Far Out, Flawless Skin, Flirt!, Flirtatious!, Fluidline, Full Potential, Gel de La Mer, Glamourazzi, Gloomaway, Good Skin, Grassroots, Green Science, Happily Ever After, Hydra Bright, Idealist, The Hydrating Infusion, In Good Hands, Instant Gratification, Instant Moisture, Intensive Rebuilding, Intral, Jo Malone, La Mer, Lab Series, Lash Envy, Lash Power, Lipglass, LiquidLast, Long Last Glosswear, Lustreglass, Luxury for Lips, M·A·C, *magic By Prescriptives, Maximum Comfort, Mega-Mushroom, MicroCrystal Skin Refinisher, Mineralize, Modern Fusion, Moisture Surge, Nite-trition, Nutritious, Oil Control Daily Hydrator, Ojon, Origins, Origins Natural Resources, Origins Organics, Peace of Mind, Perfectionist [CP+], Perfect Mineral, Plantidote, Plushglass, Pomegranate Noir, Pomegranate Super-Anti-Oxidant Cream, Predermine, Prep + Prime, Prescriptives, Private Collection Tuberose Gardenia, Pure Color, Pure-Formance, Pure White Linen, The Radiant Facial, Re-Creation, Re-Nutriv, Redness Solutions, Repairwear, Resilience Lift, Restorative Hair Treatment, Root Power, Rub-Out, Sensuous, Shampure, Shimmer Brick, Signature Hydra Lustre Lipstick, Skin Supplies for Men, Slimshine, Smooth-365, Smooth Infusion, Spray de Mode, Stimulskin Plus, Squeeze Me, Studio Fix, Sumo Tech, Supermoisture, Super City Block, Super Flight Creme, Super Line Preventor Xtreme, Superdefense, Surf Spray, Swa, Tawaka, The Essence, The Eye Concentrate, The Lifting Face Serum, The Radiant Infusion, Tri-Aktiline, Triple Benefit Post-Shave Remedy, Tuno Elastik, TurboLash, Turnaround, Virtual Skin, Viva Glam, Wonderful, Youth Dew, Youthtopia.

Coach is a registered trademark of Coach Services Inc. Daisy Fuentes, Dianoche, So Luxurious and Dianoche Ocean are licensed trademarks from DAFU Licensing Inc. Donna Karan, Donna Karan Black Cashmere, Donna Karan Cashmere Mist, Donna Karan Chaos, Donna Karan Fuel for Men, Donna Karan Gold, Donna Karan New York, DKNY The Fragrance for Women, DKNY The Fragrance for Men, DKNY Be Delicious Women, DKNY Be Delicious Men, DKNY Red Delicious Women, DKNY Red Delicious Men and DKNY Delicious Night are all licensed trademarks from Donna Karan Studio. Dr. Andrew Weil is a licensed trademark from Dr. Andrew Weil and Weil Lifestyle LLC. Kiton and Kiton Black are licensed trademarks from Ciro Paone S.p.A. Michael Kors, Island Michael Kors, Island Michael Kors Fiji, Island Michael Kors Hawaii, Michael Kors Island Capri and Michael Kors for Men are licensed trademarks from Michael Kors L.L.C. Missoni and Missoni acqua are licensed trademarks from Missoni S.p.A. Mustang and Mustang Blue are licensed trademarks from Ford Motor Company. Sean John, Unforgivable and Unforgivable Woman are licensed trademarks from Christian Casey LLC. Tom Ford, Black Orchid, Voile de Fleur, Tom Ford for Men, Private Blend and Velvet Gardenia are licensed trademarks from 001 Corporation. Tommy Hilfiger, "tommy", "tommy girl", "tommy" and "tommy girl" summer colognes, and Dreaming Tommy Hilfiger colognes are licensed trademarks from Tommy Hilfiger Licensing LLC.

Performance Graphs
The following graphs compare the cumulative five- and thirteen-year total stockholder return (stock price appreciation plus dividends) on the Company's Class A Common Stock with the cumulative total return of the S&P 500 Index and a market weighted index of two publicly traded peer groups. The returns are calculated by assuming an investment of $100 in the Class A Common Stock and in each index on June 30, 2003 for the five-year graph, and November 16, 1995 (the Company's initial public offering date) for the thirteen-year graph. The publicly traded companies included in the old peer group are: Avon Products, Inc., Groupe Clarins S.A., L'Oreal S.A., LVMH Mo‘t Hennessy Louis Vuitton S.A., The Procter & Gamble Company, Shiseido Company, Ltd. and Unilever N.A. The companies in the new peer group are the same except that Beiersdorf AG has been added and Groupe Clarins S.A. and Unilever N.A. have been removed. The change is due to the divestiture by Unilever N.A. of substantially all of its prestige beauty brands and the anticipated delisting of Groupe Clarins S.A. In this transition year, it is showing the returns measured by each index.

Cumulative five-year total stockholder return

Cumulative thirteen-year total stockholder return