Ross Stores Announces Quarterly Dividend

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Ross Stores Announces Quarterly Dividend

    NEWARK, Calif., May 31 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST)
announced today that the company's Board of Directors declared a regular
quarterly cash dividend of $.0425 per common share, payable on or about
July 2, 2001 to stockholders of record as of June 18, 2001.
    Ross Stores, Inc. reported sales of $2.7 billion in 2000, its most recent
fiscal year.  The off-price retailer operates 419 stores in 18 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.

SOURCE Ross Stores, Inc.

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

http://www.prnewswire.com/comp/764175.html or fax,
800-758-5804, ext. 764175
CONTACT:
John G. Call, Senior Vice President & Chief
Financial Officer, 510-505-4315, or Katie Loughnot, Director,
Investor Relations, 510-505-4509, or katie.loughnot@ros.com, both
of Ross Stores, Inc.