Tiffany & Co.  today announced plans to open two new stores in China in 2006: an approximately 1,900 gross-square-foot store in Beijing's Oriental Plaza, a prominent retail center; and an approximately 700-square-foot store in Shanghai's Plaza 66, the city's prestigious luxury shopping center. Opening date for the Beijing store is May 2006, with the Shanghai store opening slated for the fall. Both stores will offer an array of renowned Tiffany & co. collections, including the world's finest diamonds that have established Tiffany as a premier jeweler. Among them are diamond engagement rings, Tiffany Celebration(TM) rings, and diamond jewelry of ultimate glamour in platinum and eighteen-karat gold settings. Other designs include rare and lustrous pearls; fashion jewelry and watches; the collections of Paloma Picasso and Jean Schlumberger; gifts and accessories. "The Oriental Plaza in Beijing and Plaza 66 in Shanghai are ideal environments for a TIFFANY & CO. store," said Darren Chen, Tiffany & Co. Group Vice President - International Sales. "These convenient locations expand our presence both in Beijing and Shanghai, cities of growing importance as global business centers and as destinations for both domestic and overseas tourists. We look forward to giving our customers in both cities greater access to Tiffanys heritage of design excellence and outstanding service, qualities that together create a unique and memorable shopping experience." The new stores are the company's second locations in both cities. tiffanys currently has a boutique in Beijing's Peninsula Palace Hotel, which opened in 2001, and a boutique in the City Plaza shopping complex in Shanghai, which opened in 2004. Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Its principal subsidiary is Tiffany and Company. The Company operates TIFFANY & CO. retail stores and boutiques in the Americas, Asia-Pacific and Europe and engages in direct selling through Internet, catalog and business gift operations. Other operations include consolidated results from ventures operated under trademarks or trade names other than Tiffany & co. For additional information.