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Jerome Jessup To Leave Ann Taylor

From: ASAP


Ann Taylor Stores Corporation (NYSE: ANN) announced today that Jerome Jessup, Senior Executive Vice President, Merchandise and Design, resigned from the Company to pursue other interests.

Ann Taylor Chairman J. Patrick Spainhour said, "On behalf of the Board, I would like to thank Jerome for his service as Senior Executive Vice President, Merchandise and Design of the Ann Taylor division, and wish him well as he pursues new projects and interests. Until a replacement is found, Kay Krill, President of the Ann Taylor Stores Corporation, will oversee his areas of responsibility."

Ann Taylor is one of the country's leading women's specialty retailers, operating 740 stores in 45 states, the District of Columbia and Puerto Rico, and also an Online Store at www.anntaylor.com and www.anntaylorloft.com.

January 10, 2005

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