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Ross Stores Announces Quarterly Dividend

NEWARK, Calif., Nov. 16 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the company's Board of Directors declared a regular quarterly cash dividend of $.0375 per common share, payable on or about January 2, 2001 to stockholders of record as of December 1, 2000.

Ross Stores, Inc. reported sales of $2.5 billion in 1999, its most recent fiscal year. The off-price retailer operates 412 stores in 17 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. SOURCE Ross Stores, Inc.

NOTE TO EDITORS: Ross Stores, Inc. press releases are available at no charge through the company's home page on the internet at

CONTACT: John G. Call, Senior Vice President & Chief Financial Officer, 510-505-4315, or Katie Loughnot, Director, Investor Relations, 510-505-4509, or, both of Ross Stores, Inc.