NEWARK, Calif., Aug 21, 2003 /PRNewswire-FirstCall via COMTEX/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.0575 per common share, payable on or about October 1, 2003 to stockholders of record as of September 4, 2003.

Ross Stores, Inc. reported sales of $3.5 billion in 2002, its most recent fiscal year. The off-price retailer currently operates 553 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 is available on the Company's web site at www.rossstores.com.

SOURCE 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 katie.loughnot@ros.com,
both of Ross Stores, Inc.

http://www.rossstores.com