UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment)

NAME OF ISSUER                          ROSS STORES INC

TITLE OF CLASS OF SECURITIES            Common

CUSIP NUMBER                            778296103

The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be 
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).

Page 1 of 9 Pages

13G

CUSIP No. 778296103                                                     Page 2 of 9 Pages
------------------------------------------------------------------------------
1.      Name of reporting person
S.S. or I.R.S. identification no. of above person

Putnam, LLC. d/b/a/ Putnam Investments
36-4488942
------------------------------------------------------------------------------
2.      Check the appropriate box if a member of a group*
(a)(   )                (b)(   )
------------------------------------------------------------------------------
3.      SEC use only

------------------------------------------------------------------------------
4.      Citizenship or place of organization

Delaware
------------------------------------------------------------------------------
5.      Sole Voting Power

NONE
Number of        shares )                       -----------------------------
Beneficially    )       6.      Shared Voting Power
owned by each   )                               
134790
Reporting               )                               
Person with:    )                       -----------------------------
7.      Sole Dispositive Power

NONE
-----------------------------
8.      Shared Dispositive Power

4231534
------------------------------------------------------------------------------
9.      Aggregate amount beneficially owned by each reporting person

4231534

------------------------------------------------------------------------------
10.     Check box if the aggregate amount in row (9) excludes certain shares*

------------------------------------------------------------------------------
11.     Percent of class represented by amount in row 9

3.1%
------------------------------------------------------------------------------
12.     Type of Reporting person*

HC
------------------------------------------------------------------------------

13G

CUSIP No. 778296103                                                     Page 3 of 9 Pages
------------------------------------------------------------------------------
1.      Name of reporting person
S.S. or I.R.S. identification no. of above person

Putnam Investment Management, LLC.
04-2471937
------------------------------------------------------------------------------
2.      Check the appropriate box if a member of a group*
(a)(   )                (b)(   )
------------------------------------------------------------------------------
3.      SEC use only

------------------------------------------------------------------------------
4.      Citizenship or place of organization

Delaware
------------------------------------------------------------------------------
5.      Sole Voting Power

NONE
Number of        shares )                       -----------------------------
Beneficially    )       6.      Shared Voting Power
Owned by each   )
Reporting               )                       5990
Person with:    )                       -----------------------------
7.      Sole Dispositive Power

NONE
-----------------------------
8.      Shared Dispositive Power

4086640
------------------------------------------------------------------------------
9.      Aggregate amount beneficially owned by each reporting person

4086640
------------------------------------------------------------------------------
10.     Check box if the aggregate amount in row (9) excludes certain shares*

------------------------------------------------------------------------------
11.     Percent of class represented by amount in row 9

3%
------------------------------------------------------------------------------
12.     Type of Reporting person*

IA
------------------------------------------------------------------------------

13G

CUSIP No. 778296103                                                     Page 4 of 9 Pages
------------------------------------------------------------------------------
1.      Name of reporting person
S.S. or I.R.S. identification no. of above person

The Putnam Advisory Company, LLC.
04-6187127
------------------------------------------------------------------------------
2.      Check the appropriate box if a member of a group*
(a)(   )                (b)(   )
------------------------------------------------------------------------------
3.      SEC use only

------------------------------------------------------------------------------
4.      Citizenship or place of organization

Delaware
------------------------------------------------------------------------------
5.      Sole Voting Power

NONE
Number of        shares )                       -----------------------------
Beneficially    )       6.      Shared Voting Power
Owned by each   )
Reporting               )                       128800
Person with:    )                       -----------------------------
7.      Sole Dispositive Power

NONE
-----------------------------
8.      Shared Dispositive Power

144894
------------------------------------------------------------------------------
9.      Aggregate amount beneficially owned by each reporting person

144894
------------------------------------------------------------------------------
10.     Check box if the aggregate amount in row (9) excludes certain shares*

------------------------------------------------------------------------------
11.     Percent of class represented by amount in row 9

0.1%    
------------------------------------------------------------------------------
12.     Type of Reporting person*

IA
------------------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.  20549 

SCHEDULE 13G 

Under the Securities Exchange Act of 1934
(Amendment No. 1)

Item 1(a)       Name of Issuer:         ROSS STORES INC

Item 1(b)       Address of Issuer's Principal Executive Offices:

8333 Central Ave, Newark, CA 94560-3433, 

Item 2(a)                                               Item 2(b)

Name of Person Filing:                          Address or Principal Office or, if 
NONE, Residence:

Putnam, LLC d/b/a Putnam Investments    One Post Office Square
("PI")                                          Boston, Massachusetts 02109
on behalf of itself and:

Putnam Investment Management, LLC.              One Post Office Square
("PIM")                                         Boston, Massachusetts 02109

The Putnam Advisory Company, LLC.               One Post Office Square
("PAC")                                         Boston, Massachusetts 02109

Item 2(c)               Citizenship:  PI, PIM and PAC are limited liability companies 
organized under Delaware law.  The citizenship of other 
persons identified in Item 2(a) is designated as follows:  

**      Voluntary association known as Massachusetts business trust -
Massachusetts law 

Item 2(d)               Title of Class of Securities:   Common

Item 2(e)               Cusip Number:   778296103

Page 5 of 9 Pages

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a: 

(a)(   )        Broker or Dealer registered under Section 15 of the Act

(b)(   )        Bank as defined in Section 3(a)(6) of the Act 

(c)(   )        Insurance Company as defined in Section 3(a)(19) of the Act 

(d)(   )        Investment Company registered under Section 8 of the Investment 
Company Act 

(e)( X )        Investment Adviser registered under Section 203 of the Investment 
Advisers Act of 1940 

(f)(   )        Employee Benefit Plan, Pension Fund which is subject to the 
provisions of the Employee Retirement Income Security Act of 1974 or
Endowment Fund; see (Section 240.13d-1(b)(1)(ii)(F) 

(g)( X )        Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G) 

(h)(   )        Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)

Page 6 of 9 Pages

Item 4.
Ownership.

PIM*                    PAC                     PI
-----                   ---                     ----
(Investment advisers            (Parent company
& subsidiaries of PI)           to PIM and PAC)

(a)     Amount Beneficially
Owned:                          4086640 +       144894  =       4231534 

(b)     Percent of Class:                       3%              +       0.1%            =       3.1%    

(c)     Number of shares as
to which such person has: 

(1)     sole power to vote
or to direct the vote;
(but see Item 7)                        NONE                    NONE                    NONE

(2)     shared power to vote
or to direct the vote;
(but see Item 7)                        5990                    128800          134790

(3)     sole power to dispose
or to direct the
disposition of;
(but see Item 7)                        NONE                    NONE                    NONE

(4)     shared power to
dispose or to direct
the disposition of; 
(but see Item 7)                        ALL                     ALL                     ALL

Page 7 of 9 Pages

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date
thereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following ( X )

Item 6. Ownership of More than Five/Ten Percent on Behalf of Another
Person:
No persons other than the persons filing this Schedule 13G have an economic
interest in the securities reported on which relates to more than five
percent of the class of securities.  Securities reported on this Schedule 13G
as being beneficially owned by M&MC and PI consist of securities beneficially
owned by subsidiaries of PI which are registered investment advisers, which
in turn include securities beneficially owned by clients of such investment
advisers, which clients may include investment companies registered under the
Investment Company Act and/or employee benefit plans, pension funds,
endowment funds or other institutional clients.

Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company

PI, wholly owns two registered investment advisers:  Putnam Investment
Management, LLC., which is the investment adviser to the Putnam family of
mutual funds and The Putnam Advisory Company, LLC., which is the 
investment adviser to Putnam's institutional clients.  Both 
subsidiaries have dispository power over the shares as 
investment managers, but each of the mutual fund's trustees have
voting power over the shares held by each fund, and The Putnam Advisory
Company, LLC has shared voting power over the shares held by the
institutional clients.  Pursuant to Rule 13d-4, PI declares that the
filing of this Schedule 13G shall not be deemed an admission 
for the purposes of Section 13(d) or 13(g) that it is the beneficial 
owner of any securities covered by this Schedule 13G, and further
states that it does not have any power to vote or dispose of, or direct
the voting or disposition of, any of the securities covered by this Schedule
13G.

Item 8. Identification and Classification of Members of the Group:
Not applicable.

Item 9. Notice of Dissolution of Group:

Not applicable.

Item 10.        Certification.

Page 8 of 9 Pages

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of
business, were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.

PUTNAM, LLC.

/s/ Harold P. Short Jr.
BY:     -------------------------------------------
Signature

Name/Title:     Harold P. Short Jr.
Managing Director and Director of Investment Compliance

Date:   January 17, 2008

For this and all future filings, reference is made to Power of Attorney dated 
May 27, 2004, with respect to duly authorized signatures on behalf of Putnam
LLC., Putnam Investment Management, LLC., The Putnam Advisory Company, LLC.
and any Putnam Fund wherever applicable.

For this and all future filings, reference is made to an Agreement dated June 
28, 1990, with respect to one filing of Schedule 13G on behalf of said 
entities, pursuant to Rule 13d-1(f)(1).

Page 9 of 9 Pages