Exhibit 99

			Press Release
FOR IMMEDIATE RELEASE	CONTACT:	Susan Ostrow
		Director, Investor Relations
		(603) 773-1212

TIMBERLAND REPORTS SECOND QUARTER FINANCIAL RESULTS

STRATHAM, NH, July 18, 2003 – The Timberland Company (NYSE: TBL) today reported results for the quarter ended June 27, 2003.  For the second quarter of 2003, Timberland reported revenue of $211.7 million, 10.5% higher than the $191.5 million reported for the second quarter of 2002.  Constant dollar revenue growth, which excludes the impact of changes in foreign exchange rates, grew 5.3%.  Solid revenue growth, improvement in gross margins and continued benefits from share repurchases contributed to strong profit and earnings per share (EPS) gains.  EPS for the quarter was $0.16 per share diluted ($0.16 basic), 23.1% above second quarter 2002 EPS of $0.13 per share diluted ($0.13 basic).

Revenue growth in the second quarter of 2003 was driven by double-digit sales gains in international markets and moderate growth in the United States.  Domestic revenue for the second quarter of 2003 was $129.2 million, 2.6% higher than the $125.9 million reported for the second quarter of 2002.  International revenue for the quarter increased 25.8% to $82.6 million, compared with $65.7 million for the prior-year period.  On a constant dollar basis, international revenue increased 10.4%.  International revenue comprised 39.0% of total second quarter 2003 revenue, compared with 34.3% for the second quarter of 2002.

Worldwide footwear revenue for the second quarter of 2003 was $162.5 million, 11.8% higher than the $145.4 million reported for the second quarter of 2002.  Worldwide apparel and accessories revenue for the quarter increased 7.7% to $46.7 million, compared with $43.3 million for the 2002 second quarter.  Worldwide royalty revenue for the second quarter decreased 9.4% to $2.5 million, compared with $2.8 million for the comparable prior-year period.

Worldwide wholesale revenue for the second quarter of 2003 was $149.4 million, 10.7% higher than the $134.9 million reported for the second quarter of 2002.  Worldwide consumer direct revenue, which includes Timberland’s worldwide retail and U.S. e-commerce businesses, increased 10.2% to $62.4 million for the quarter, compared to the $56.6 million reported for the second quarter of 2002.  U.S. wholesale revenue for the 2003 second quarter increased 3.3% to $96.3 million, compared with the $93.3 million reported for the

second quarter of 2002.  U.S. consumer direct revenue for the 2003 second quarter increased 0.8% to $32.9 million, compared with $32.6 million for the 2002 second quarter.  Domestic comparable store sales for the quarter decreased by 1.9%.

Timberland’s net income was $5.8 million for the second quarter of 2003, compared with net income of $4.9 million for the prior-year period.  Timberland’s second quarter ending cash balance increased to $82.6 million from $72.3 million in the second quarter of 2002, after financing operating requirements and share repurchases.  The company repurchased 486 thousand shares in the second quarter at a cost of $24.7 million and 2.9 million shares over the past twelve months at a cost of $113.1 million.  Timberland has 1.7 million shares remaining under its current four million share repurchase authorization.  The Company may use Rule 10b5-1 plans to facilitate share repurchases.

Jeffrey B. Swartz, Timberland’s President and Chief Executive Officer, stated, “Timberland delivered strong results in the second quarter reflecting continued progress against our strategic objectives. Our financial results reflect gains across global markets and reinforce that we are on track toward delivering solid revenue and earnings gains in 2003.  As we celebrate the 30^th anniversary of the Timberland^® brand, we intend to build on this momentum by driving a continued focus on product innovation, by amplifying our brand message to reinforce the values that will deepen our relationship with consumers and by delivering superior service to our retail partners.”

“Looking forward, we continue to believe that mid single-digit revenue growth represents an appropriate target for the second half of 2003, given macroeconomic conditions and comparisons to prior year results.  We also remain committed to delivering moderate improvements in operating margins this year while investing to support our long-term goals for developing the Timberland brand.”

Note that comments made by Mr. Swartz are Timberland’s performance targets, based on current expectations.  These comments are forward-looking, and actual results may differ materially.

As previously announced, Timberland will be hosting a conference call to discuss second quarter results today at 8:25 AM Eastern Time.  Interested parties may listen to this call through the investor relations section of the Company’s website, www.timberland.com, or by calling (913) 981-5519.  Replays of this conference call will be available through the investor relations section of the Company’s website.

2

Timberland (NYSE: TBL) is a global leader in the design, engineering and marketing of premium-quality footwear, apparel, and accessories for consumers who value the outdoors and their time in it.  Timberland^Ò products offer quality workmanship and detailing and are built to withstand the elements of nature.  The Company’s products can be found in leading department and specialty stores as well as Timberland retail stores throughout North America, Europe, Asia, Latin America, South Africa and the Middle East.  More information about Timberland is available in the Company’s reports filed with the Securities and Exchange Commission (SEC).

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  Various factors could cause the results of The Timberland Company to be materially different from any future results expressed or implied by such forward-looking statements.  Such factors include, but are not limited to the Company’s ability to: (i) successfully market and sell its products in view of changing consumer trends, consumer acceptance of products, and other factors affecting retail market conditions, including the current U.S. economic environment and the global economic and political uncertainties resulting from the continuing war on terrorism; (ii) manage its foreign exchange rate risks; (iii) obtain adequate raw materials at competitive prices; and (iv) other factors, including those detailed from time to time in The Timberland Company’s SEC reports, including its Annual Report on Form 10-K filed on March 27, 2003.  The Timberland Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

This press release also includes a discussion of constant dollar revenue growth, a non-GAAP measure.  As required by SEC rules, we have provided a reconciliation of this measure on an attached table that follows our financial statements.  Additional required information is located in the Form 8-K furnished to the SEC on July 18, 2003.

# # #

3

THE TIMBERLAND COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in thousands)

	June 27, 2003		June 28, 2002
ASSETS
Current assets
Cash and equivalents	$	82,578	$	72,276
Accounts receivable, net	121,995		113,032
Inventory	173,047		160,259
Prepaid expense	21,448		17,413
Deferred income taxes	18,919		24,955
Total current assets	$	417,987	387,935
Net property, plant and equipment	69,728		73,366
Goodwill	14,163		14,163
Other assets, net	10,750		9,243
Total assets	$	512,628	$	484,707
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	$	45,618	$	42,684
Accrued expense	72,619		64,768
Income taxes payable	4,739		6,894
Derivative liabilities	11,428		13,687
Total current liabilities	134,404		128,033
Other liabilities	5,002		3,059
Deferred income taxes	6,573		10,249
Stockholders’ equity	366,649		343,366
Total liabilities and stockholders’ equity	$	512,628	$	484,707

4

THE TIMBERLAND COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(Amounts in thousands, except per share data)

	For the Three Months Ended						For the Six Months Ended
	June 27, 2003			June 28, 2002			June 27, 2003			June 28, 2002
Revenue	$	211,733		$	191,529		$	482,730		$	417,227
Cost of goods sold	112,957			105,521			257,726			231,455
Gross profit	98,776			86,008			225,004			185,772
Operating expense
Selling	70,449			63,537			148,001			132,784
General and administrative	19,266			16,499			38,415			33,120
Total operating expense	89,715			80,036			186,416			165,904
Operating income	9,061			5,972			38,588			19,868
Other expense (income)
Interest expense	222			189			439			370
Other, net	(103		)	(1,849		)	(531		)	(2,057		)
Total other expense (income)	119			(1,660		)	(92		)	(1,687		)
Income before income taxes	8,942			7,632			38,680			21,555
Provision for income taxes	3,130			2,709			13,538			7,652
Income before cumulative effect of change in accounting principle	$	5,812		$	4,923		$	25,142		$	13,903
Cumulative effect of change in accounting principle	—			—			—			4,913
Net income	$	5,812		$	4,923		$	25,142		$	18,816
Earnings per share before cumulative effect of change in accounting principle
Basic	$	.16		$	.13		$	.70		$	.37
Diluted	$	.16		$	.13		$	.69		$	.36
Earnings per share after cumulative effect of change in accounting principle
Basic	$	.16		$	.13		$	.70		$	.50
Diluted	$	.16		$	.13		$	.69		$	.49
Weighted-average shares outstanding
Basic	35,678			37,710			35,841			37,854
Diluted	36,633			38,652			36,670			38,656

5

THE TIMBERLAND COMPANY

RECONCILIATION OF TOTAL AND INTERNATIONAL REVENUE INCREASES

TO CONSTANT DOLLAR REVENUE INCREASES

(Amounts in Millions)

Total Company Revenue Reconciliation:

	For the Three Months Ended June 27, 2003				For the Six Months Ended June 27, 2003
	$ Change		% Change		$ Change		% Change
Revenue increase (GAAP)	$	20.2	10.5	%	$	65.5	15.7	%
Increase due to foreign exchange rate changes	10.1		5.2	%	28.9		6.9	%
Revenue increase in constant dollars	10.1		5.3	%	36.6		8.8	%

International Revenue Reconciliation:

	For the Three Months Ended June 27, 2003				For the Six Months Ended June 27, 2003
	$ Change		% Change		$ Change		% Change
Revenue increase (GAAP)	$	16.9	25.8	%	$	50.0	30.0	%
Increase due to foreign exchange rate changes	10.1		15.4	%	28.9		17.3	%
Revenue increase in constant dollars	6.8		10.4	%	21.1		12.7	%

6