Rights Certificate No.:                                         NUMBER OF RIGHTS

THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE SET FORTH IN THE COMPANY'S
PROSPECTUS SUPPLEMENT DATED FEBRUARY 17, 2006 TO THE PROSPECTUS DATED DECEMBER
13, 2005 (TOGETHER, THE "PROSPECTUS") AND ARE INCORPORATED HEREIN BY REFERENCE.
COPIES OF THE PROSPECTUS ARE AVAILABLE UPON REQUEST FROM D.F. KING & CO., INC.,
THE INFORMATION AGENT.

                                  REVLON, INC.             CUSIP No. 761525 12 0

              Incorporated under the laws of the State of Delaware

                         SUBSCRIPTION RIGHTS CERTIFICATE
          Evidencing Subscription Rights to Purchase Shares of Class A
                          Common Stock of Revlon, Inc.
                       Subscription Price: $2.80 per Share

  THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE 5:00 P.M.,
     NEW YORK CITY TIME, ON MARCH 20, 2006, UNLESS EXTENDED BY THE COMPANY

REGISTERED OWNER:

THIS CERTIFIES THAT the registered owner whose name is inscribed hereon is the
owner of the number of subscription rights ("Rights") set forth above. Each
Right entitles the holder thereof, or its assigns, to subscribe for and purchase
0.1057 shares of Class A Common Stock, with par value of $0.01 per share, of
Revlon, Inc., a Delaware corporation, at a subscription price of $2.80 per share
(the "Basic Subscription Privilege"), pursuant to a rights offering (the "Rights
Offering"), on the terms and subject to the conditions set forth in the
Prospectus and the "Instructions as to Use of Revlon, Inc. Subscription Rights
Certificates" (the "Instructions") accompanying this Subscription Rights
Certificate. In the event of any inconsistency between the Prospectus and the
Instructions, the Prospectus shall govern. Revlon, Inc. will not be issuing
fractional shares; accordingly, a Rights holder needs to hold at least ten
Rights in order to purchase one share of Class A common stock pursuant to the
Basic Subscription Privilege. If any shares of Class A Common Stock available
for purchase in the Rights Offering are not purchased by other holders of Rights
pursuant to the exercise of their Basic Subscription Privilege (the "Excess
Shares"), any Rights holder that exercises its Basic Subscription Privilege in
full may subscribe for a number of Excess Shares at the $2.80 per share
subscription price pursuant to the terms and conditions of the Rights Offering,
subject to proration, as described in the Prospectus (the "Over-Subscription
Privilege"). The Rights represented by this Subscription Rights Certificate may
be exercised by completing Form 1 and any other appropriate forms on the reverse
side hereof and by returning the full payment of the subscription price for each
share of Class A Common Stock in accordance with the Instructions. The Rights
evidenced by this Subscription Rights Certificate may also be transferred or
sold by completing the appropriate forms on the reverse side hereof in
accordance with the Instructions.


Transferable on the books of Revlon, Inc. in person or by duly authorized
attorney upon surrender of this Subscription Rights Certificate properly
endorsed. This Subscription Rights Certificate is not valid unless countersigned
by the transfer agent and registered by the registrar.

Dated:  February 17, 2006


         /s/ Jack L. Stahl
----------------------------------
           Jack L. Stahl
President, Chief Executive Officer
  and Principal Executive Officer


         /s/ Robert K. Kretzman
-----------------------------------------
           Robert K. Kretzman
Executive Vice President, General Counsel
             and Secretary




              DELIVERY OPTIONS FOR SUBSCRIPTION RIGHTS CERTIFICATE

                         By Mail or Over Night Courier:
                     AMERICAN STOCK TRANSFER & TRUST COMPANY
                                OPERATIONS CENTER
                            ATTN: EXCHANGE DEPARTMENT
                                6201 15TH AVENUE
                               BROOKLYN, NY 11219


                                    By Hand:
                     American Stock Transfer & Trust Company
                            Attn: Exchange Department
                           59 Maiden Lane, Plaza Level
                               New York, NY 10038


Delivery other than in the manner or to the addresses listed above will not
constitute valid delivery.


                PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY.

FORM 1-EXERCISE OF SUBSCRIPTION RIGHTS

To subscribe for shares pursuant to your Basic Subscription Privilege, please
complete line (a) and sign under Form 5 below. To subscribe for shares
pursuant to your Over-subscription Privilege, please also complete line (b) and
sign under Form 5 below.

(a) EXERCISE OF BASIC SUBSCRIPTION PRIVILEGE:

I exercise _____________ Rights   x   0.1057     =   __________________
          (no. of Rights)            ---------       (no. of new shares)
                                     (ratio)


therefore, I apply for __________ shares x $       2.80       = $______________
                   (no. of new shares)    (subscription price) (amount enclosed)

(b) EXERCISE OF OVER-SUBSCRIPTION PRIVILEGE

If you have exercised your Basic Subscription Privilege in full and wish to
subscribe for additional shares pursuant to your Over-Subscription Privilege:

I apply for _______________ shares x $       2.80          = $_________________
         (no. of new shares)          (subscription price)    (amount enclosed)

Total Amount of Payment Enclosed = $________________

METHOD OF PAYMENT (CHECK ONE)

[ ] Check or bank draft drawn on a U.S. bank, or postal telegraphic or express
    money order payable to "American Stock Transfer & Trust Company, as
    Subscription Agent." Funds paid by an uncertified check may take at least
    five business days to clear.

[ ] Wire transfer of immediately available funds directly to the account
    maintained by American Stock Transfer & Trust Company, as Subscription
    Agent, for purposes of accepting subscriptions in this Rights Offering at
    JPMorgan Chase Bank, 55 Water Street, New York, New York 10005, ABA
    #21000021, Account #323-053785.

FORM 2-SALE OR TRANSFER TO DESIGNATED TRANSFEREE OR THROUGH BANK OR BROKER

To sell or transfer your subscription rights to another person, complete this
form and have your signature guaranteed under Form 6. To sell your subscription
rights through your bank or broker, sign below under this Form 2 and have your
signature guaranteed under Form 6, but leave the rest of this Form 2 blank.

For value received __________ of the subscription rights represented by this
Subscription Rights Certificate are assigned to:

        ---------------------------------------------------------------
                          (Print Full Name of Assignee)

        ---------------------------------------------------------------
                              (Print Full Address)

        ---------------------------------------------------------------
                          Tax ID or Social Security No.

        ---------------------------------------------------------------
                                  Signature(s)

IMPORTANT: The signature(s) must correspond with the name(s) as printed on the
reverse of this Subscription Rights Certificate in every particular, without
alteration or enlargement, or any other change whatsoever.

FORM 3- [ ] CHECK HERE TO SELL YOUR UNEXERCISED SUBSCRIPTION RIGHTS THROUGH
AMERICAN STOCK TRANSFER & TRUST COMPANY, AS SUBSCRIPTION AGENT.

If you want the Subscription Agent to attempt to sell your unexercised
subscription rights, check the box above on this Form 3, sign under Form 5 and
have your signature guaranteed under Form 6.

FORM 4-DELIVERY TO DIFFERENT ADDRESS

If you wish for the Class A Common Stock underlying your subscription rights, a
certificate representing unexercised subscription rights or the proceeds of any
sale of subscription rights to be delivered to an address different from that
shown on the face of this Subscription Rights Certificate, please enter the
alternate address below, sign under Form 5 and have your signature guaranteed
under Form 6.

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FORM 5-SIGNATURE

TO SUBSCRIBE: I acknowledge that I have received the Prospectus for this Rights
Offering and I hereby irrevocably subscribe for the number of shares indicated
above on the terms and conditions specified in the Prospectus.

TO SELL: If I have completed Form 3, I authorize the sale by the Subscription
Agent, according to the procedures described in the Prospectus, of any
subscription rights represented by this Subscription Rights Certificate but not
exercised hereby.

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Signature(s)

IMPORTANT: The signature(s) must correspond with the name(s) as printed on the
reverse of this Subscription Rights Certificate in every particular, without
alteration or enlargement, or any other change whatsoever.

FORM 6-SIGNATURE GUARANTEE

This form must be completed if you have completed any portion of Forms 2, 3
or 4.

Signature Guaranteed: __________________________________________________________
                             (Name of Bank or Firm)

By: ____________________________________________________________________________
                           (Signature of Officer)

IMPORTANT: The signature(s) should be guaranteed by an eligible guarantor
institution (bank, stock broker, savings & loan association or credit union)
with membership in an approved signature guarantee medallion program pursuant to
Securities and Exchange Commission Rule 17Ad-15.


FOR INSTRUCTIONS ON THE USE OF REVLON, INC. SUBSCRIPTION RIGHTS CERTIFICATES,
CONSULT D.F. KING & CO., THE INFORMATION AGENT, TOLL FREE, AT (800) 949-2583 AND
BANKS AND BROKERS MAY CALL THE INFORMATION AGENT AT (212) 269-5550.