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Ross Stores Announces Quarterly Dividend

PLEASANTON, Calif., May 16, 2012 /PRNewswire via COMTEX/ --Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.14 per common share, payable on June 29, 2012 to stockholders of record as of June 5, 2012.

Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, with fiscal 2011 revenues of $8.6 billion. The Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,051 locations in 30 states, the District of Columbia and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20% to 60% off department and specialty store regular prices. The Company also operates 95 dd's DISCOUNTS® in eight states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20% to 70% off moderate department and discount store regular prices. Additional information is available at www.rossstores.com.

Contact:

John G. Call

Bobbi Chaville


Group Senior Vice President,

Senior Director, Investor Relations


Chief Financial Officer

(925) 965-4289


(925) 965-4315

bobbi.chaville@ros.com

SOURCE Ross Stores, Inc.