The Talbots, Inc. (NYSE:TLB) today announced total Company sales for fiscal May, the four weeks ended May 27, 2000, increased 26% to $110.9 million from $87.7 million for the four weeks ended May 29, 1999.

Comparable store sales increased 29.4% for the month. Year-to-date sales for the seventeen weeks ended May 27, 2000 increased 23% to $468.7 million from $380.7 million reported for the seventeen weeks ended May 29, 1999. Comparable store sales increased 19.9% for the seventeen-week period.

Arnold B. Zetcher, Chairman, President and Chief Executive Officer, commented, "Our robust comparable store sales growth of 29.4% is significantly above even our own previously increased outlook for the month. Continuing through the end of May, this exceptional performance was driven entirely by regular-price selling, which reached unprecedented levels during the period. These on-going healthy sales trends resulted from our strong spring assortment, effective inventory management and impactful marketing programs."

Talbots is a leading national specialty retailer and cataloger of women's classic apparel, shoes and accessories. The Company operates 682 stores - 406 Talbots Misses stores, including 19 Talbots Misses stores in Canada and six Talbots Misses stores in the United Kingdom; 160 Talbots Petites stores, including one Talbots Petites store in Canada; 35 Talbots Accessories & Shoes stores; 54 Talbots Kids stores; seven Talbots Woman stores; and 20 Talbots Outlet stores. Its catalog operation circulated approximately 57 million catalogs worldwide in fiscal 1999. Talbots on-line shopping site is located at www.talbots.com.

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Reform Act of 1995. The statements may be identified by an "asterisk" ("*") or such forward-looking terminology as "expect," "look," "believe," "anticipate," "may," "will," or similar statements or variations of such terms. Such forward-looking statements involve risks and uncertainties including levels of sales, effectiveness of the Company's brand awareness and marketing programs, effectiveness and profitability of new concepts, effectiveness of its new e-commerce site and the overall effect of e-commerce on Talbots business, store traffic, acceptance of Talbots fashions, appropriate balance of merchandise offerings, and timing and levels of markdowns, and, in each case, actual results may differ materially from such forward-looking information. Certain other factors that may cause actual results to differ from such forward- looking statements are included in the Company's Current Report on Form 8-K dated October 30, 1996 filed with the Securities and Exchange Commission (a copy of which may also be obtained from the Company at 781-741-4500) as well as other periodic reports filed by the Company with the Securities and Exchange Commission and you are urged to consider such factors. The Company assumes no obligation for updating any such forward-looking statements.