Chico's FAS, Inc. Announces August Sales Results

Business Wire, August 30, 2000

Business Editors

FORT MYERS, Fla.--(BUSINESS WIRE)--Aug. 30, 2000

Chico's FAS, Inc. (Nasdaq: CHCS) today announced August sales results for the four week period ended August 26, 2000.

Total sales for the four week period ended August 26, 2000 increased 67.9 percent to $18.3 million from $11.0 million reported for the four week period ended August 28, 1999. Comparable store sales for the Company-owned stores increased 37.2 percent for the four week period ended August 26, 2000.

For the thirty weeks ended August 26, 2000, total sales increased 61.3 percent to $135.6 million from $84.2 million for the same period in 1999. Comparable store sales for the Company-owned stores increased 33.2 percent for the thirty week period.

Chico's sells exclusively designed, private-label women's casual clothing and related accessories. The Company operates a chain of 219 stores in 38 states and the District of Columbia. The Company owns 209 stores, franchisees own 10.

For additional information on Chico's FAS, Inc. free of charge via the Internet, please go to http://tirc.com/invest/chicos/index.htm