Secaucus, New Jersey - May 17, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today reported record sales and earnings for the first quarter, ended May 5, 2001. Net sales for the quarter increased 23% to $160.5 million, compared with $130.2 million for the same period in 2000.

 Secaucus, New Jersey - May 16, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced commencement of operations in the Company's 250,000 square foot distribution center located in southern California. This state-of- the-art facility will be utilized to support the

 Secaucus, New Jersey - May 14, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced the re-launch of the Company's virtual online store, childrensplace.com. With the re-launch, the Company has brought fulfillment in-house and made improvements to the overall design,

 Secaucus, New Jersey - May 10, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced sales of $52.7 million for the four-week period ended May 5, 2001, an 18% increase over sales of $44.7 million reported for April 2000. Comparable store sales for the four-week period

 Secaucus, New Jersey - April 12, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced sales of $64.9 million for the five-week period ended April 7, 2001, a 23% increase over sales of $52.7 million reported for March 2000. Comparable store sales for the five-week period

 Secaucus, New Jersey - March 8, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced sales of $42.8 million for the four-week period ended March 3, 2001, a 30% increase over sales of $32.8 million reported for February 2000.

 Secaucus, New Jersey - March 1, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today reported record sales and earnings for the fourth quarter and fiscal 2000, ended February 3, 2001. Fourth Quarter 2000 Net sales increased 35% to $183.6 million, compared to $135.5 million in 1999.

 Secaucus, New Jersey - February 8, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced sales of $36.8 million for the five-week period ended February 3, 2001 versus sales of $22.1 million for the four-week period ended January 29, 2000.

~ Company Accepts Resignations of Two Merchandising Executives ~  Secaucus, New Jersey - January 4, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq:PLCE), today announced that the Company is reorganizing its Merchandising Group and in conjunction with this reorganization has accepted the

 Secaucus, New Jersey - January 4, 2001 - The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) today announced sales of $87.2 million for the five week period ended December 30,2000, a 20% increase from sales of $72.6 million for the same period last year.