The Talbots, Inc. to Present at Piper Jaffray 28th Annual Consumer Conference

HINGHAM, Mass.--(Business Wire)--
The Talbots, Inc. (NYSE:TLB) today announced that the Company will
deliver a presentation at the Piper Jaffray 28th Annual Consumer
Conference. The presentation is scheduled for Wednesday, June 11, 2008
and will begin at 9:00 a.m. eastern time at The St. Regis Hotel, New
York.

The audio portion of the presentation will be webcast live and
archived for a period of one month and is available to the general
public. To access this presentation, please log onto
www.thetalbotsinc.com and click on Investor Relations.

The Talbots, Inc. is a leading specialty retailer and direct
marketer of women's apparel, shoes and accessories. The Company
currently operates stores in 869 locations in 47 states, the District
of Columbia, and Canada, with 595 locations under the Talbots brand
name and 274 locations under the J. Jill brand name. Both brands
target the age 35 plus customer population. Talbots brand on-line
shopping site is located at www.talbots.com and the J. Jill brand
on-line shopping site is located at www.jjill.com.

The foregoing contains forward-looking information within the
meaning of The Private Securities Litigation Reform Act of 1995. These
statements may be identified by such forward-looking terminology as
"expect," "achieve," "plan," "look," "believe," "anticipate,"
"outlook," "will," "would," "guidance," or similar statements or
variations of such terms. All of the information concerning our
financial outlook (including future profitability, future comparable
stores sales, future earnings and other future financial performance
or operating measures), future credit facilities, future merchandise
purchases, future cash needs, and other future financial performance
or financial position constitutes forward-looking information.

Our forward-looking statements are based on a series of
expectations, assumptions, estimates and projections about our Company
which involve substantial risks and uncertainty, including assumptions
and projections concerning our internal plan including our budget for
regular-price and markdown selling and operating cash flow for forward
periods. All of our forward-looking statements are as of the date of
this release only. The Company can give no assurance that such
expectations or forward-looking statements will prove to be correct.
Actual results may differ materially from our forward-looking
statements. The Company does not undertake or plan to update or revise
any such forward-looking statements to reflect actual results, changes
in plans, assumptions, estimates or projections, or other
circumstances occurring after the date of this release, even if such
results, changes or circumstances make it clear that any
forward-looking information will not be realized.

Any public statements or disclosures by us following this release
which modify or impact any of the forward-looking statements contained
in or accompanying this release will be deemed to modify or supersede
such statements in or accompanying this release.

Our forward-looking statements involve substantial known and
unknown risks and uncertainties as to future events which may or may
not occur, including the following risks: the impact of the continued
deterioration in the U.S. economic environment, including continued
negative impact on consumer discretionary spending, the disruption and
significant tightening in the U.S. credit and lending markets,
recessionary and inflationary pressures, high energy prices, and
declining value of the U.S. dollar; our ability to accurately estimate
and forecast future regular-price and markdown selling and operating
cash flow; achieving the Company's sales plan for the year for each of
the Talbots and J. Jill brands; achieving the Company's operating cash
flow plan for the year; continued ability to purchase merchandise on
open account purchase terms at expected levels; ability to replace the
Company's letter of credit facilities for merchandise purchases from
vendors who require such facilities; the Company's ability to obtain
any necessary increases in its credit facilities as may be needed from
time to time to fund cash needs; the Company's ability to reduce any
cash spending if needed; successfully executing the Company's
strategic initiatives, including anticipated lower inventory levels,
expected operating expense and other cost reductions, the success of
the new promotional cadence for the Talbots brand, reduced markdown
exposure and improved gross margins, the successful closing of the
Talbots Kids and Talbots Mens business concepts and closing of other
underperforming stores; and the Company's ability to continue to
satisfy its financial covenants under its existing debt agreements. In
each case, actual results may differ materially from such
forward-looking information.

Certain other factors that may cause actual results to differ from
such forward-looking statements are included in the Company's periodic
reports filed with the Securities and Exchange Commission and
available on the Talbots website at www.thetalbotsinc.com under
"Investor Relations" and you are urged to carefully consider all such
factors.

The Talbots, Inc.
Julie Lorigan, 781-741-7775
Vice President, Investor Relations
or
Berns Communications Group
Stacy Berns/Melissa Jaffin, 212-994-4660
Investor/Media Relations

Copyright Business Wire 2008