ZARA to Open First West Coast Store at South Coast Plaza

Business Wire, May 21, 2004

Business Editors

COSTA MESA, Calif.--(BUSINESS WIRE)--May 21, 2004

WHAT:     Zara, the Spanish-based retailer of affordable, ultra-hip
          men's and women's clothing is making its West Coast debut
          with a 10,000 square-foot store scheduled to open on
          Friday, May 28, 2004.

          With more than 600 stores in 44 countries, Zara dictates the
          latest fashion trends for millions of people.  Zara's
          creative team takes its cures directly from customers,
          paying close attention to the look of its clientele and
          recording the comments and questions they hear from
          shoppers, resulting in an up-to-the-moment selection of
          trendy apparel and accessories.

WHEN:     Opening - Friday, May 28, 2004, 10 a.m. PDT

WHERE:    ZARA
          South Coast Plaza
          Robinsons-May Wing, Level 2
          405 Freeway at Bristol Street, Costa Mesa
          Store Telephone: 714-668-1660

ABOUT SOUTH COAST PLAZA:

          South Coast Plaza is Southern California's premiere shopping
          destination, offering an unparalleled collection of stores,
          award-winning restaurants, spas and world-class performing
          arts. South Coast Plaza is located in Costa Mesa. San Diego
          Freeway (405) at Bristol Street or San Joaquin Corridor (73)
          at Bear Street. For more information, telephone 800-782-8888
          or visit www.southcoastplaza.com.