TLB Talbots (The)

In conjunction with The Talbots, Inc. (NYSE: TLB) monthly sales releases, you are invited to listen to a replay of the Company's prerecorded monthly sales calls with Ed Larsen, Senior Vice President, Finance and Chief Financial Officer. Please see the calendar below for more detailed information. -0- *T The Talbots, Inc. 2006 Monthly Sales Release Calendar Monthly Sales For: Currently Scheduled Release Date: January 2006 February 2, 2006 February 2006 March 2, 2006 March 2006 April 6, 2006 April 2006 May 4, 2006 May 2006 June 1, 2006 June 2006 July 6, 2006 July 2006 August 3, 2006 August 2006 August 31, 2006 September 2006 October 5, 2006 October 2006 November 2, 2006 November 2006 November 30, 2006 December 2006 January 4, 2006 *T To access the prerecorded monthly sales call, please see the instructions below. Should any release date or replay access information change, notification will be made through an additional press release. -0- *T How to Access: 1) http://www.talbots.com/about and click on Investor Relations. Each call will be archived on the Web site www.talbots.com for approximately two weeks after the release date. The transcript will also be available for twelve months. or 2) By dialing (703) 736-7208 Each call will be available for approximately five days after the release. *T Talbots is a leading national specialty retailer and cataloger of women's, children's and men's classic apparel, shoes and accessories. The Company currently operates 1,083 stores - 535 Talbots Misses stores, including 20 Talbots Misses stores in Canada and three Talbots Misses stores in the United Kingdom; 290 Talbots Petites stores, including four Talbots Petites stores in Canada; 40 Talbots Accessories & Shoes stores; 69 Talbots Kids stores; 112 Talbots Woman stores, including three Talbots Woman stores in Canada; 12 Talbots Mens stores; two Talbots Collection stores; and 23 Talbots Outlet stores. Its direct marketing operation circulated approximately 48 million catalogs worldwide in fiscal 2005. 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. These statements may be identified by such forward-looking terminology as "expect," "look," "believe," "anticipate," "outlook," "will," "would," "would yield," or similar statements or variations of such terms. All of the "outlook" information (including future revenues, future comparable sales, future earnings, future EPS, and other future financial performance or operating measures) constitutes forward-looking information. Our outlook and other forward-looking statements are based on a series of expectations, assumptions, estimates and projections about our Company which involve risks and uncertainty, including assumptions and projections concerning store traffic, levels of store sales including regular-price selling and markdown selling, and customer preferences. All of our outlook information and other forward-looking statements are as of the date of this release only. The Company can give no assurance that such outlook or expectations will prove to be correct and does not undertake to update or revise any "outlook" information or any other forward-looking statements to reflect actual results, changes in assumptions, estimates or projections, or other circumstances occurring after the date of this release, even if such results, changes or circumstances make it clear that any projected results will not be realized. Our forward-looking statements involve substantial known and unknown risks and uncertainties as to future events which may or may not occur, including effectiveness of the Company's brand awareness and marketing programs, any different or any increased negative trends in its regular-price or markdown selling, effectiveness and profitability of new concept, effectiveness of its Internet site, acceptance of Talbots fashions including its 2005 winter and 2006 fashions, the Company's ability to anticipate and successfully respond to changing customer tastes and preferences and to produce the appropriate balance of merchandise offerings, the Company's ability to sell its merchandise at regular prices as well as its ability to successfully execute its major sale events including the timing and levels of markdowns and appropriate balance of available markdown inventory, retail economic conditions including consumer spending, consumer confidence, impact on discretionary consumer spending of significantly higher gasoline and energy costs and higher interest rates, and the impact of a continued promotional retail environment. 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 periodic reports filed with the Securities and Exchange Commission and available on the Talbots website under "Investor Relations" and you are urged to carefully consider all such factors.