/C O R R E C T I O N -- Ann Taylor/ In the news release, Ann Taylor Provides Updated Fourth Quarter 2004 Guidance, Comments on Accounting Treatment for Leases and Discusses First Quarter 2005 Outlook, issued earlier today by AnnTaylor Stores Corporation over PR Newswire, we are advised by the company that the percentage decline in fourth quarter comparable store sales for the Ann Taylor division was stated incorrectly. The correct decline in fourth quarter comparable store sales for the Ann Taylor division was 10.1 percent as previously reported in the January sales release issued on February 3, 2005. PRNewswire -- Feb. 11 DATASOURCE: AnnTaylor Stores Corporation

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