Ann Taylor (ANN) Reports November Same-Store Sales Decrease

Ann Taylor Stores Corporation (NYSE: ANN) announced that net sales for the four-week period ended November 25, 2006 increased 2.1% to $186.4 million, compared with net sales of $182.5 million for the four-week period ended November 26, 2005. By division, net sales were $73.3 million for Ann Taylor compared to $76.2 million last year, and $86.2 million for Ann Taylor LOFT compared to $86.1 million last year.

Comparable store sales for November 2006 declined 4.3% compared to a comparable store sales increase of 12.9% for the same four-week period last year.

By division, comparable store sales for fiscal November 2006 were down 3.4% for Ann Taylor compared to an 18.6% increase last year, and down 7.7% for Ann Taylor LOFT compared to a 10.2% increase last year.

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