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OshKosh B39 Gosh Inc Announces Stock Repurchase Program

OSHKOSH, Wis., Dec. 12 /PRNewswire/ -- OshKosh B'Gosh Inc. (Nasdaq: GOSHA) announced today that its Board ofDirectors has authorized an addition of 1 million shares to its current ClassA Common Stock repurchase program. The current program, announced December 7,1999, authorized the repurchase of up to 1.5 million shares of the Company'sClass A Common Stock. To date, the Company has repurchased 819,600 shares under the repurchaseprogram. The addition of 1 million shares to this program effectivelyauthorizes the Company to repurchase an additional 1,680,400 shares. Sharerepurchases can be in open market transactions and/or in privately negotiatedtransactions at prevailing prices. The amount and timing of any stockrepurchases will depend upon the market performance of the stock,availability, and alternative uses of company funds, as well as other factors. The total of 1,680,400 shares of Class A Common Stock that may berepurchased by the Company constitutes approximately 13.8% of the Company'stotal outstanding Class A and Class B Common Stock and approximately 16.9 ofits outstanding Class A Common Stock. OshKosh B'Gosh, Inc. is best known as a premier marketer of qualitychildren's apparel, available in over 80 countries around the world. TheCompany is headquartered in Oshkosh, Wis.SOURCE OshKosh B'Gosh, Inc.Web Site: http://www.oshkoshbgosh.com

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