JOSB Jos. A. Bank Clothiers, Inc. (MM)

JoS. A. Bank Clothiers, Inc. (Nasdaq National Market:JOSB) announces that it has been named one of Business Week's "Hot Growth Companies" for 2005. This is the third consecutive year that the Company has been included in the annual Business Week award and the Company has improved in the rankings set by Business Week. "We are pleased to earn this ranking by one of America's finest business publications for the third year in a row; especially since we are one of only 16 companies out of the 10,000 that Business Week analyzes to make the list three years in a row and one of only 29 companies able to repeat from last year," stated Robert N. Wildrick, Chief Executive Officer of JoS. A. Bank Clothiers, Inc. "Our brand has become nationally recognized as a premier upscale men's clothier. We continue to focus on our Four Pillars of Success as part of our goal to become the dominant menswear brand in the United States. These Four Pillars include Quality, Service, Inventory In-stock and Product Innovation. We plan to continue our growth strategy by opening 60 to 75 stores this year as part of our plan to expand to approximately 500 stores over the next three to four years." JoS. A. Bank Clothiers was ranked #52 among the 100 top "Hot Growth Companies" that were selected by Business Week, improving from #83 in 2004. Over 10,000 publicly-traded companies were evaluated in the process. The selection process ranks companies according to their three year results in sales growth, earnings growth and return on invested capital, with return on invested capital receiving the highest weighting. To qualify, a company must have annual sales of more than $50 million and less than $1.5 billion, a current market value greater than $25 million, a current stock price of at least $5, and be actively traded, among other criteria. JoS. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line through 280 stores in 38 states and the District of Columbia, a nationwide catalog, and an e-commerce website that can be accessed at www.josbank.com. The Company is headquartered in Hampstead, MD, and its common stock is listed on the NASDAQ National Market under the symbol "JOSB". The Company's statements concerning future operations contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those forecast due to a variety of factors outside of the Company's control that can affect the Company's operating results, liquidity and financial condition such as risks associated with economic, weather, public health and other factors affecting consumer spending, the ability of the Company to finance its expansion plans, the mix and pricing of goods sold, the market price of key raw materials such as wool and cotton, availability of lease sites for new stores, the ability to source product from its global supplier base and other competitive factors. These cautionary statements qualify all of the forward-looking statements the Company makes herein. The Company cannot assure you that the results or developments anticipated by the Company will be realized or, even if substantially realized, that those results or developments will result in the expected consequences for the Company or affect the Company, its business or its operations in the way the Company expects. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates, and assumes no obligation to update any of the forward-looking statements. These risks should be carefully reviewed before making any investment decision.