Investor Relations

DeFeo -- Remington President and CEO -- Appointed to Rayovac Board of Directors

09/15/03

MADISON, Wis., Sept. 15 /PRNewswire-FirstCall/ -- Rayovac Corp. (NYSE: ROV) Chairman and CEO David A. Jones announces the appointment of Neil P. DeFeo, Remington president and CEO, to the Rayovac Corporation Board of Directors. The appointment of DeFeo is contingent upon the successful closing of the Rayovac purchase of Remington. Rayovac announced on August 22, 2003 that it had reached an agreement with Remington to purchase the company. The transaction is expected to close by September 30, 2003.

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"Neil will be a great addition to the Rayovac Board of Directors. His expertise and knowledge of Remington and its markets will prove to be invaluable as we merge the Remington operations into ours," said Dave Jones, Rayovac chairman and CEO. "Neil has had a successful track record of building companies and brands and his insight will be critical as Rayovac continues its product line diversifications and global expansion."

DeFeo has served as Remington president and CEO since 1997. Prior to joining Remington, he worked at the Clorox Company where he held the position of group vice president - U.S. Operations. Before that, Neil worked at Procter and Gamble for 25 years. Over those years, he held a series of senior level management positions. Among his many titles, he served as general manager of New Products and vice president and managing director of Laundry and Cleaning Products Strategic Planning.

Rayovac is one of the world's leading battery and lighting device companies. The Company also markets the number one selling rechargeable brand of battery in the U.S. and Europe and is the world leader in hearing aid batteries. Rayovac trades on the New York Stock Exchange under the ROV symbol.

Certain matters discussed in this news release, with the exception of historical matters, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of risks, uncertainties and other factors that could cause results to differ materially from those anticipated as of the date of this release. Actual results may differ materially from these statements as a result of (1) changes in external competitive market factors, such as introduction of new product features or technological developments, development of new competitors or competitive brands or competitive promotional activity or spending, (2) changes in consumer demand for the various types of products offered by Rayovac or Remington, (3) changes in the general economic conditions where Rayovac and Remington do business, such as stock market prices, interest rates, currency exchange rates, inflation and raw material costs, (4) our ability to successfully implement manufacturing, distribution and other cost efficiencies, (5) our ability to obtain the regulatory approvals and financing necessary to close the Remington transaction and (6) various other factors, including those discussed herein and those set forth in each of Rayovac's and Remington's most recent Form 10- Q's, Annual Reports on Form 10-K and the prospectus supplement for Rayovac's most recent offering of its common stock.

SOURCE Rayovac Corporation

Safe Harbor Disclaimer

Certain matters discussed herein, with the exception of historical matters, are forward-looking statements which involve risks and uncertainties. Actual results may differ materially from these statements as a result of changes in external competitive market factors, unanticipated changes in the company's industry, or the economy in general, as well as various other factors, including those discussed herein and those set forth in the Company's most recent Annual Report on Form 10-K.

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