Press Release

International Flavors & Fragrances Inc. (NYSE: IFF) announced the appointment of Burton M. Tansky, President and Chief Executive Officer of The Neiman Marcus Group, Inc., to its Board of Directors.

New York, New York (October 14, 2003) – International Flavors & Fragrances Inc. (NYSE: IFF) announced the appointment of Burton M. Tansky, President and Chief Executive Officer of The Neiman Marcus Group, Inc., to its Board of Directors.

“Burton Tansky's merchandising expertise and understanding of consumers will be invaluable to IFF as we continue to develop innovative products that satisfy the ever-changing tastes of consumers,” said Richard A. Goldstein, IFF's Chairman and Chief Executive Officer. “We are pleased to welcome him to our Board.”

About Burton M. Tansky

Burton M. Tansky serves as president and chief executive officer of The Neiman Marcus Group. Prior to being named CEO in May 2001, Mr. Tansky was the company's president and chief operating officer, a position he had held since December 1998. He was executive vice president from February 1998 until December 1998 and he served as chairman and chief executive officer of Neiman Marcus Stores, the $2.14 billion retail operating division of the company, from May 1994 until February 1998. Mr. Tansky also served as chairman and chief executive officer of Bergdorf Goodman from 1990 until 1994. Previously, he served as president of Saks Fifth Avenue.

Mr. Tansky is a member of the Board of Directors of The Neiman Marcus Group. He has been honored by the French Government with an appointment as Chevalier (Knight) de la Légion d'Honneur for his promotion of French-made merchandise in America. He has also been honored for his work with the National Alliance for Autism Research (NAAR). Mr. Tansky is a graduate of the University of Pittsburgh.
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IFF is a leading creator and manufacturer of flavors and fragrances used in a wide variety of consumer products—from fine fragrances and toiletries, to soaps, detergents and other household products, to beverages and food products. IFF is dedicated to The Pursuit of Excellence in every area of its business, using knowledge, creativity, innovation and technology to continually provide customers with the highest quality products and service and superior consumer understanding.

IFF has sales, manufacturing and creative facilities in 34 countries worldwide and annual sales exceeding $1.8 billion. For more information, please visit our Web site at www.iff.com.

Contact:
Stephen A. Block
Senior Vice President, General Counsel and Secretary
Tel: 212-708-7291, Fax: 212-708-7191