Braun's Fashions Corporation (Nasdaq: BFCI) today announced that its board of directors has approved a 3-for-2 stock split in the form of a stock dividend on the company's outstanding common stock. Holders of the company's common stock will receive one additional share of common stock for every two shares of common stock they own. Fractional shares will be rounded up to the nearest whole number and no fractional shares or cash in lieu of shares will be issued.

The stock dividend is payable on July 11, 2000, to stockholders of record as of June 27, 2000. After the stock split there will be approximately 10,200,000 shares of the company's common stock outstanding. The company previously effected a 3-for-2 stock on December 14, 1999.

Bill Prange, chairman and chief executive officer commented: "We are optimistic that this stock split will further enhance the liquidity and trading volume of our stock, thereby improving market interest and broadening ownership. We are especially pleased with our continued strong financial performance and believe this stock split demonstrates our confidence in the future growth prospects of the Company."

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 243 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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