Braun's Fashions Corporation (Nasdaq: BFCI) today reported a 24% increase in May same-store sales for its four-week period ended May 27, 2000. Total sales for the four-week period ended May 27, 2000, rose 49% to $14.5 million from $9.8 million last year.

For the first quarter ended May 27, 2000, same store sales increased 21%. Total sales for the first quarter increased 45% to $42.3 million from $29.2 million last year. As of May 27, 2000, the Company operated 242 stores compared with 200 as of May 29, 1999.

Bill Prange, Chairman and Chief Executive Officer of Braun's commented, "We are delighted with our May same-store sales results, which significantly exceeded our expectations. Customers continue to respond enthusiastically to our spring merchandise assortment, with sales of knit tops, denim products and sweaters being especially strong."

Mr. Prange concluded, "We opened 19 new Christopher & Banks stores during the first quarter. We believe the initial success of these new stores, combined with our exceptional growth in same-store sales, indicates that Christopher & Banks is rapidly becoming a highly recognized brand name."

Braun's Fashions Corporation is a Minneapolis-based specialty retailer of women's clothing and accessories providing exclusive fashions under the Christopher & Banks label. Presently, the Company has 242 stores operating in 27 states, located primarily in the northern regions throughout the United States.

This release contains forward-looking statements regarding future performance of the Company. The achievement of such results is subject to certain risks and uncertainties, including changes in economic, market and weather conditions, the effect of consumer tastes and spending habits, the realization of expected economies gained through the use of private label and direct import merchandise, management of growth and other factors outside the Company's control, including factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

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