TIFFANY & CO
TRANSLATION OF AMENDMENT OF APPLICATION OF BONDS
<DOCUMENT>
<TYPE>EX-10.135A
<SEQUENCE>10
<FILENAME>y95315exv10w135a.txt
<DESCRIPTION>TRANSLATION OF AMENDMENT OF APPLICATION OF BONDS
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                                                                 Exhibit 10.135a
                                                                   Tiffany & Co.
                                  (Translation)              Report on Form 10-K
                      TIFFANY & CO. JAPAN INC. [letterhead]

                                                              September 26, 2003

Dear Shareholders:

         As there was an erroneous description in Section II. (Representations
and Warranties by the Issuer), Paragraph (7) of the Application for Bonds
pertaining to Tiffany & Co. Japan Inc. First Series Yen Bonds (Qualified
Institutional Investors Only) guaranteed by Tiffany & Co., we would like to
correct such erroneous description as follows. Thus, in order to verify your
consent to this correction, we kindly ask that you specify the date, company
name, and your name at the signature column at the end of this letter.

         We thank you in advance for your kind understanding and cooperation in
this matter.

                                               Tiffany & Co. Japan Inc.

                                               Director, Katsuhiko Nitta (seal)

Before Correction:

(7)      When the entire amount of the Issue Price has been paid in full and
         when the signature of the Board Chairman of the Issuer in facsimile has
         been put on the Bond Certificates and the Coupons, and the Bond
         Certificates accompanied by the Coupons have been delivered to or to
         the order of the purchaser, the Bond Certificates accompanied by the
         Coupons so delivered will have been duly and validly issued and will
         represent legally valid and binding obligations of the Issuer
         enforceable against it in accordance with their respective terms,
         except that enforceability may be limited by the laws of bankruptcy,
         insolvency, reorganization or other similar laws relating to creditors'
         rights in general.

After Correction:

(7)      When the entire amount of the Issue Price has been paid in full and
         when the signature of the Director of the Issuer in facsimile has been
         put on the Bond Certificates and the Coupons, and the Bond Certificates
         accompanied by the Coupons have been delivered to or to the order of
         the purchaser, the Bond Certificates accompanied by the Coupons so
         delivered will have been duly and validly issued and will represent
         legally valid and binding obligations of the Issuer enforceable against
         it in accordance with their

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         respective terms, except that enforceability may be limited by the laws
         of bankruptcy, insolvency, reorganization or other similar laws
         relating to creditors' rights in general.

I hereby approve of and consent to the foregoing correction.

September    , 2003


________________________________
Company Name:
Name:

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