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                                                                EXHIBIT 10(a)(a)



                                REGIS CORPORATION

                              SENIOR SERIES I NOTE


No. 2000-I-1
ORIGINAL PRINCIPAL AMOUNT:  $25,000,000
ORIGINAL ISSUE DATE:  October 3, 2000
INTEREST RATE:  8.39% per annum
INTEREST PAYMENT DATES:  January 3, April 3, July 3 and October 3 of each year
FINAL MATURITY DATE:  October 3, 2010
PRINCIPAL PREPAYMENT DATES AND AMOUNTS:  $6,250,000 due on October 3, 2007,
                                         October 3, 2008, October 3, 2009
                                         and October 3, 2010


         FOR VALUE RECEIVED, the undersigned, Regis Corporation herein called
the "Company", a corporation organized and existing under the laws of the State
of Minnesota, hereby promises to pay to The Prudential Insurance Company of
America, or registered assigns, the principal sum of TWENTY-FIVE MILLION DOLLARS
($25,000,000), payable on the Principal Prepayment Dates and in the amounts
specified above, and on the Final Maturity Date specified above in an amount
equal to the unpaid balance of the principal hereof, with interest (computed on
the basis of a 360-day year--30-day month) (a) on the unpaid balance thereof at
the Interest Rate per annum specified above, payable on each Interest Payment
Date specified above and on the Final Maturity Date specified above, commencing
with the Interest Payment Date next succeeding the date hereof, until the
principal hereof shall have become due and payable, and (b) on any overdue
payment (including any overdue prepayment) of principal, any overdue payment of
Yield Maintenance Amount and any overdue payment of interest, payable on each
Interest Payment Date as aforesaid (or, at the option of the registered holder
hereof, on demand), at a rate per annum from time to time equal to the greater
of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of
interest publicly announced by Morgan Guaranty Trust Company of New York from
time to time in New York City as its Prime Rate.

         Payments of principal, Yield Maintenance Amount, if any, and interest
are to be made at the main office of Bank of New York in New York City or at
such other place as the holder hereof shall designate to the Company in writing,
in lawful money of the United States of America.



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         This Note is one of a series of Senior Notes (herein called the
"Notes") issued pursuant to the Amended and Restated Private Shelf Agreement,
dated as of October 3, 2000 (herein called the "Agreement"), between the
Company, on the one hand, and The Prudential Insurance Company of America and
each Prudential Affiliate (as defined in the Agreement) which becomes party
thereto, on the other hand, and is entitled to the benefits thereof.

         This Note is subject to optional prepayment, in whole or from time to
time in part, on the terms specified in the Agreement.

         This Note is a registered Note and, as provided in the Agreement, upon
surrender of this Note for registration of transfer, duly endorsed, or
accompanied by a written instrument of transfer duly executed, by the registered
holder hereof or such holder's attorney duly authorized in writing, a new Note
for the then outstanding principal amount will be issued to, and registered in
the name of, the transferee. Prior to due presentment for registration of
transfer, the Company may treat the person in whose name this Note is registered
as the owner hereof for the purpose of receiving payment and for all other
purposes, and the Company shall not be affected by any notice to the contrary.

         In case an Event of Default shall occur and be continuing, the
principal of this Note may be declared or otherwise become due and payable in
the manner and with the effect provided in the Agreement.

         Capitalized terms used and not otherwise defined herein shall have the
meanings (if any) provided in the Agreement.

         This Note is intended to be performed in the State of Illinois and
shall be construed and enforced in accordance with the laws and decisions of
such State.

                                       REGIS CORPORATION


                                       By:
                                          --------------------------------------
                                          Title:





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