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

JoS. A. Bank Clothiers, Inc. (Nasdaq National Market: "JOSB") announces the grand opening of its 300th store in Collierville, Tennessee, a suburb of Memphis. The new store is located at The Avenue Carriage Crossing, and it represents the Company's seventh store in Tennessee. The Company noted that it has almost tripled its store base in the past five years and expects to open approximately 200 additional new stores in the next three to four years as part of its plan to grow its retail store network to 500 locations. The Company has opened 32 stores thus far in fiscal 2005 and expects to open 26 more stores during the balance of the year. The Company also noted that it expects to continue its store opening pace in fiscal 2006, with approximately 50 to 65 stores opening next year. Additional new stores have opened in the past several days in the following locations: Garland, Texas - Firewheel Town Center North Andover, Massachusetts - Eaglewood Shops Southbury, Connecticut - Southbury Green Shopping Center Atlantic Station, Georgia - Atlantic Town Center 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 301 stores in 39 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 factors include 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. Other factors and risks that may affect our business or future financial results are detailed in our filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended January 29, 2005. 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.