Bare Escentuals, Inc. (NASDAQ:BARE) announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 10,000,000 shares of common stock. Of these shares, certain stockholders are offering 9,900,000 shares of common stock and Bare Escentuals is offering 100,000 shares of common stock. In addition, the selling stockholders have granted the underwriters an option to purchase up to an additional 1,500,000 shares.

Goldman, Sachs & Co. will act as sole manager for the offering.

When available, a copy of the preliminary prospectus related to the offering may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, New York 10004 which can be reached by fax at 212-902-9316 or by email at prospectus-ny@ny.email.gs.com. The offering will be made only by means of a prospectus.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

(BARE-F)