Frederick's of Hollywood Group Inc. Announces Director Resignation

NEW YORK, Aug. 5 /PRNewswire-FirstCall/ -- Frederick's of Hollywood Group
Inc. (Amex: FOH) ("Company") today announced that, effective August 1, 2008,
independent director and compensation committee chairperson Rose Peabody Lynch
has resigned from the board of directors and as chairperson of the
compensation committee in order to devote necessary time to her other
professional commitments. Thomas Lynch, a current compensation committee
member, will replace Ms. Lynch as chairman of the compensation committee. The
nominating committee has commenced a search for a replacement to fill the
vacancy on the board created by Ms. Lynch's resignation.
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Forward Looking Statement
Certain of the matters set forth in this press release are forward-looking
and involve a number of risks and uncertainties. Among the factors that could
cause actual results to differ materially are the following: competition;
business conditions and industry growth; rapidly changing consumer preferences
and trends; general economic conditions; large variations in sales volume with
significant customers; addition or loss of significant customers; continued
compliance with government regulations; loss of key personnel; labor
practices; product development; management of growth, increases in costs of
operations or inability to meet efficiency or cost reduction objectives;
timing of orders and deliveries of products; foreign government regulations
and risks of doing business abroad; and the other risks that are described
from time to time in Frederick's of Hollywood Group Inc.'s SEC reports.
About Frederick's of Hollywood Group Inc.
Frederick's of Hollywood Group Inc. conducts its business through two
operating divisions: The "Frederick's of Hollywood" multi-channel retail
division and the "Movie Star" wholesale division.
About the Frederick's of Hollywood Multi-Channel Retail Division
Through "Frederick's of Hollywood," we primarily sell women's intimate apparel
and related products under our proprietary Frederick's of Hollywood(R) brand
through more than 130 specialty retail stores nationwide, our world-famous
catalog and an online shop at http://www.fredericks.com. By keeping an eye
toward modern Hollywood as well as its own legendary history, Frederick's of
Hollywood creates innovative, alluring lingerie that is coveted by its
customers. With its exclusive product offerings including Seduction by
Frederick's of Hollywood, and the Hollywood Exxtreme Cleavage Bra, Frederick's
of Hollywood is the Original Sex Symbol(TM).
About the Movie Star Wholesale Division
Through "Movie Star," we design, manufacture, import, market and
distribute women's intimate apparel, including sleepwear, robes, leisurewear
and daywear, to mass merchandisers, specialty and department stores, discount
retailers, national and regional chains and direct mail catalog marketers
throughout the United States. Current collections include the Cinema Etoile
premium line of intimate apparel and the Movie Star line of apparel sold as
private label programs.
SOURCE Frederick's of Hollywood Group Inc.

Thomas Rende, CFO of Frederick's of Hollywood Group Inc., +1-212-798-4700