Coldwater Creek (CTWR) Comps Increased 9% for Holiday 2009; To Participate in 12th Annual ICR XChange Con.

Coldwater Creek Inc. (NASDAQ: CWTR) today announced that the Company will be participating in the 12th Annual ICR XChange Conference held at The St. Regis Monarch Beach Resort & Spa in Dana Point, California on Wednesday, January 13, 2010 at 10:55 a.m. Pacific Time. Dennis Pence, Chairman, President and Chief Executive Officer will host the presentation. The presentation will also be webcast live in the Investor Relations section of the Company's website at www.coldwatercreek.com.

Separately, the Company indicated that comparable premium store sales increased approximately 8% for the 9-week period from November 1, 2009 to January 2, 2010. This performance was in-line with management's expectations and reflected a continuation of the sales and margin trends we experienced in the third quarter of 2009. The Company also noted that it continues to expect fourth quarter fiscal 2009 loss per share to be substantially improved from the fourth quarter fiscal 2008 loss per share of $0.20. The Company had previously expressed this same expectation for its fourth quarter fiscal 2009 results during its third quarter earnings conference call conducted on November 24, 2009. The Company plans to report operating results for the fourth quarter and fiscal 2009 year during the week of March 1, 2010.

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