Oakley to Report 2003 Second Quarter on July 16


FOOTHILL RANCH, Calif., July 10, 2003 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today said it will announce financial results for the second quarter ended June 30, 2003, before the market opens on Wednesday, July 16, 2003.

Following the news release, Oakley management will host a conference call beginning at 11 a.m. Eastern Time to review the results and provide an update on Oakley's expanding product line and distribution strategies.

The call will be open to all interested investors through a live audio Web broadcast at Oakley's investor relations Web site, http://investor.oakley.com. For those unable to listen to the live Web broadcast, the call will be archived and available for replay over the Internet for one year. Additionally, a telephone replay of the conference call will be available starting at 2:00 p.m. Eastern Time, Wednesday, July 16, through midnight, July 23, 2003 and can be accessed from the United States and Canada at 800-642-1687 and from international locations 706-645-9291; pass code: 1675633.

About Oakley, Inc.

Oakley: a world brand, driven to ignite the imagination through the fusion of art and science. Building on its legacy of innovative, market-leading, premium sunglasses, the company also offers an expanding line of premium performance footwear, apparel, accessories, watches and prescription eyewear to consumers in more than 100 countries.

Trailing-12-month revenues through March 31, 2003 totaled $491.2 million and generated net income of $38.3 million -- a 7.8 percent net margin. Oakley, Inc. press releases, SEC filings and the company's Annual Report are available at no charge through the company's Web site at www.oakley.com.



            

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