The TJX Companies, Inc. Names Jose B. Alvarez and Alan M. Bennett to Board of Directors

The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced today that it has elected José B. Alvarez and Alan M. Bennett to its Board of Directors. José B. Alvarez, 44, has been President and Chief Executive Officer of Stop & Shop/Giant-Landover, a leading supermarket chain and division of Royal Ahold N.V., since 2006. Mr. Alvarez joined that company in 2001, and was most recently Executive Vice President, Supply Chain and Logistics. Mr. Alvarez has served in supermarket retail management since he began his career at American Stores Company in 1990. Alan M. Bennett, 57, served as Senior Vice President and Chief Financial Officer of Aetna, Inc., a diversified healthcare benefits company, from 2001 to 2007, and previously held other senior financial management positions at that company, including Controller and Director of Internal Audit. He joined Aetna in 1995 as Chief Financial Officer, Aetna Business Resources. Prior to that, Mr. Bennett held various senior management roles in finance and sales/marketing at Pirelli Armstrong Tire Corporation, formerly the Armstrong Rubber Company, from 1981 to 1995. He began his career with Ernst & Ernst (now Ernst & Young). Ben Cammarata, Chairman of the Board of The TJX Companies, Inc., stated, "We are very pleased to welcome José Alvarez and Alan Bennett to our Board of Directors. Both are seasoned executives who bring excellent experience and knowledge that fit well with the strategic direction of TJX. José is a retail CEO with deep experience in supply chain and logistics, and has held senior management positions with two leading supermarket chains. Alan is an experienced CFO who brings in-depth financial and marketing expertise to the TJX Board, having served in senior roles within these areas with several major corporations. We look forward to working with them as we continue to grow TJX successfully.” The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 841 T.J. Maxx, 767 Marshalls, 278 HomeGoods, and 128 A.J. Wright stores, as well as 34 Bob’s Stores, in the United States. In Canada, the Company operates 186 Winners and 70 HomeSense stores, and in Europe, 214 T.K. Maxx stores. TJX’s press releases and financial information are also available on the Internet at www.tjx.com. SAFE HARBOR STATEMENTS UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Various statements made in this release are forward-looking and involve a number of risks and uncertainties. All statements that address activities, events or developments that we intend, expect or believe may occur in the future, including estimates of losses from the computer intrusion(s), projections of earnings per share and same store sales, are forward-looking statements. The following are some of the factors that could cause actual results to differ materially from the forward-looking statements: the results and effects of the intrusion or intrusions into our computer system including the losses and expenses we may incur (which may be different from the amount we reserved and which differences may be material) and consequences to our business (including potential effects on our reputation and our sales) and to the value of our company and related value of our stock; our ability to successfully expand our store base and increase same store sales; risks of expansion and costs of contraction; our ability to successfully implement our opportunistic inventory strategies and to effectively manage our inventories; successful advertising and promotion; consumer confidence, demand, spending habits and buying preferences; effects of unseasonable weather; competitive factors; factors affecting availability of store and distribution center locations on suitable terms; factors affecting our recruitment and employment of associates; factors affecting expenses; success of our acquisition and divestiture activities; our ability to successfully implement technologies and systems and protect data; our ability to continue to generate adequate cash flows; our ability to execute the share repurchase program; availability and cost of financing; general economic conditions, including gasoline prices; potential disruptions due to wars, natural disasters and other events beyond our control; changes in currency and exchange rates; import risks; adverse outcomes for any significant litigation; changes in laws and regulations and accounting rules and principles; adequacy of reserves; closing adjustments; effectiveness of internal controls; and other factors that may be described in our filings with the Securities and Exchange Commission. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized.