The Children's Place to Broadcast Review of January Sales

    Business Editors

    SECAUCUS, N.J.--(BUSINESS WIRE)--Jan. 27, 2005--The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today announced that in conjunction with its January sales release, you are invited to listen to the Company's pre-recorded monthly sales call on Thursday, February 3, 2005, beginning at 7:30 a.m. Eastern Time.
    To access the call, please visit the Investor Relations section of the Company's website at: http://www.childrensplace.com or dial (402) 220-1182
    An online archive of the broadcast will be available through Thursday, February 10, 2005.
    The Children's Place Retail Stores, Inc. is a leading specialty retailer of children's merchandise, ages newborn to ten years old. The Company designs, contracts to manufacture and sells high quality, value-priced apparel and accessories under the "The Children's Place" brand name. As of January 1, 2005, the Company operated 749 Children's Place stores; 688 stores in the United States, 55 stores in Canada and six stores in Puerto Rico, and sells Children's Place merchandise through its virtual store located at www.childrensplace.com. The Company also owns the subsidiary that operates the Disney Stores in North America, which consists of 298 stores in the United States and 15 stores in Canada.
    This press release and above referenced call may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers or listeners (on the call) are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by The Children's Place or any other person that the events or circumstances described in such statement are material.

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CONTACT: The Children's Place Heather Anthony, 201-558-2865

KEYWORD: NEW JERSEY INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD RETAIL APPAREL/TEXTILES EARNINGS CONFERENCE CALLS SOURCE: The Children's Place

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