Ross Stores Announces Quarterly Dividend

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Ross Stores Announces Quarterly Dividend

    NEWARK, Calif., May 23 /PRNewswire-FirstCall/ --
Ross Stores, Inc. (Nasdaq: ROST) announced today that the company's Board of
Directors declared a regular quarterly cash dividend of $.0475 per common
share, payable on or about July 1, 2002 to stockholders of record as of June
17, 2002.
    Ross Stores, Inc. reported sales of $3.0 billion in 2001, its most recent
fiscal year.  The off-price retailer operates 470 stores in 22 states,
offering first-quality, in season, branded apparel, accessories and footwear
for the entire family as well as gift items and linens for the home all at
everyday savings of 20% to 60% less than regular department and specialty
store prices.

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SOURCE Ross Stores, Inc.

http://www.rossstores.com
Company News On-Call:

http://www.prnewswire.com/comp/764175.html
CONTACT:
John G. Call, Senior Vice President & Chief
Financial Officer, +1-510-505-4315, or Katie Loughnot, Vice
President, Investor Relations, +1-510-505-4509, or
katie.loughnot@ros.com, both of Ross Stores, Inc.