West Caldwell, New Jersey - February 4, 1999 -- The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today announced sales of $97.3 million for the fourth quarter ended January 30, 1999, an increase of 49% from sales of $65.3 million for the same period last year.

West Caldwell, New Jersey - November 5, 1998 -- The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today announced sales of $82.5 million for the third quarter ended October 31, 1998, an increase of 51% from sales of $54.5 million for the same period last year.

West Caldwell, New Jersey - August 18, 1998 - The Children's Place Retail Stores, Inc. (Nasdaq:PLCE) today reported sales and earnings for the second quarter ended August 1, 1998. First Quarter: Net sales increased 43% to $48.0 million, compared with $33.5 million in 1997.

West Caldwell, New Jersey - August 6, 1998 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today announced sales of $48.0 million for the second quarter ended August 1, 1998, an increase of 43% from sales of $33.5 million for the same period last year.

WEST CALDWELL, New Jersey - May 21, 1998 -- The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today reported record sales and earnings for the first quarter ended May 2, 1998. Net sales for the 13-week quarter increased 43% to a record $56.0 million, compared with $39.2 million for the same

West Caldwell, New Jersey - May 7, 1998 -- The Children's Place Retail Stores, Inc. (NASDAQ: PLCE) today announced strong sales results for the first quarter ended May 2, 1998. Net sales increased 43% to $56.0 million from $39.2 million in the prior year period.