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Ross Stores Announces Quarterly Dividend

NEWARK, Calif., May 20 /PRNewswire-FirstCall/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.0425 per common share, payable on or about July 1, 2004 to stockholders of record as of June 14, 2004.

Ross Stores, Inc. reported sales of $3.9 billion in 2003, its most recent fiscal year. The off-price retailer currently operates over 600 stores in 25 states, offering first-quality, in season, branded apparel, accessories and footwear for the entire family, as well as gift items and linens for the home, all at everyday savings of 20% to 60% less than regular department and specialty store prices. Additional information on the Company is available on the Company's website at

Ross Stores, Inc.



John G. Call, Senior Vice President, Chief Financial Officer, +1-510-505-4315, or
Katie Loughnot, Vice President, Investor Relations, +1-510-505-4509 or,
both of Ross Stores, Inc./

/Web site: / (ROST)