HKF Hancock Fabrics

Hancock Fabrics, Inc. (NYSE:HKF), today reported that the operating hours of 31 stores were affected by Hurricane Rita. Through Monday, these stores lost a total of almost 100 full days of business and 25 partial days. Fifteen of the stores remained closed on Monday; however, at least eleven of them are expected to reopen today. Twenty-nine of the stores have reported that there was no serious property damage, while the Company is awaiting reports on the other two stores. In addition, 4 stores remain closed due to Hurricane Katrina. Hancock Fabrics, Inc. is a specialty retailer of fabric and related home sewing and decorating accessories. The Company operates 447 retail fabric stores in 43 states and operates an internet store under the domain name, www.hancockfabrics.com.