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News Release

J.Crew Group, Inc. Announces Earnings Release Date, Conference Call and Webcast for First Quarter Fiscal 2011 Results

NEW YORK, June 2, 2011 /PRNewswire/ -- J.Crew Group, Inc. today announced that the Company will host a conference call to discuss its first quarter fiscal 2011 financial results on Thursday, June 9, 2011 at 11:00 am Eastern Time.  The call will be hosted by James S. Scully, Chief Administrative Officer and Chief Financial Officer.  A press release detailing the Company's first quarter fiscal 2011 results will be issued on the same day and prior to the call with supplemental first quarter fiscal 2011 financial information posted to the investor relations section of the Company's website.  

Investors and analysts interested in participating in the conference call are invited to dial (877) 407-0784 approximately ten minutes prior to the start of the call.  The conference call will also be webcast live at http://www.jcrew.com/.  A replay of the webcast will remain available for 90 days.  A replay of the conference call will be available until 11:59 pm ET on June 16, 2011 and can be accessed by dialing (877) 870-5176 and entering conference ID number 373615.  

To access the first quarter fiscal 2011 press release and supplemental financial information please visit the investor relations section of the Company's website at: http://www.jcrew.com/ prior to the start of the call.  

About J.Crew Group, Inc.

J.Crew Group, Inc. is a nationally recognized multi-channel retailer of women's, men's and children's apparel, shoes and accessories. As of May 31, 2011, the Company operates 251 retail stores (including 219 J.Crew retail stores, 10 crewcuts stores and 22 Madewell stores), the J.Crew catalog business, jcrew.com and 87 factory outlet stores. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website http://www.jcrew.com/.

SOURCE J.Crew Group, Inc.

Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes in the overall level of consumer spending or preferences in apparel, the performance of the Company's products within the prevailing retail environment, trade restrictions, political or financial instability in countries where the Company's goods are manufactured, postal rate increases, paper and printing costs, availability of suitable store locations at appropriate terms and other factors which are set forth in the Company's Form 10-K and in all filings with the SEC made by the Company subsequent to the filing of the Form 10-K. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.