SECAUCUS, N.J., Jan. 4 /PRNewswire-FirstCall/ -- The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced that it will deliver a presentation at the SG Cowen & Co. Third Annual Consumer Conference at The Westin New York at Times Square.

The presentation is scheduled for Tuesday, January 11, 2005, at 4:30 pm. The presentation will be webcast live and archived until Tuesday, January 18, 2005. To access the webcast, please visit the Investor Relations section of the Company's website, http://www.childrensplace.com.

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 November 27, 2004, the Company operated 747 Children's Place stores, including 689 stores in the United States, 55 stores in Canada and three stores in Puerto Rico. The Company also sells Children's Place merchandise through its virtual store, http://www.childrensplace.com. In November 2004, the Company acquired the subsidiary that operates the business of the Disney Stores in North America, which consists of 298 stores in the United States and 15 stores in Canada.

This press release 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 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.

SOURCE The Children's Place Retail Stores, Inc.
/CONTACT: Heather Anthony, Director, Investor Relations of The Children's
Place, +1-201-558-2865 /
/Web site: http://www.childrensplace.com /
(PLCE)