SEACAUCUS, N.J.--(BUSINESS WIRE)--March 2, 2006--The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced that it will deliver a presentation at the 12th Annual Bear Stearns Retail, Restaurants & Consumer Conference at the Bear Stearns World Headquarters, New York, New York on Thursday, March 9, 2006 at 1:30 pm eastern time.

The presentation will be webcast live and archived for seven days. To access the webcast, please visit the Investor Relations section of the Company's website, www.childrensplace.com.

The Children's Place Retail Stores, Inc. is a leading specialty retailer of children's merchandise. The Company designs, contracts to manufacture and sells high-quality, value-priced merchandise under the proprietary "The Children's Place" and licensed "Disney Store" brand names. As of February 25, 2006, the Company owned and operated 802 The Children's Place stores and 316 Disney Stores in North America and its online store, www.childrensplace.com.

This press release and above referenced webcast 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 webcast) 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.

CONTACT: The Children's Place
Susan LaBar, 201-453-6955

SOURCE: The Children's Place Retail Stores, Inc.