Children's Place Retail names Tricia Griffith to BoD

Ms. Griffith currently holds the position of Claims Group President, Progressive Insurance, where she has responsibility for the direct management of the Claims organization, overseeing 12,000 employees across the United States. Ms. Griffith joined Progressive Insurance in 1988 and held positions of increasing responsibility, including six years as Chief Human Resources Officer, prior to her appointment in 2008 as Claims Group President. She received her bachelor degree from Illinois State University.

The addition of Ms. Griffith will expand the Company's Board of Directors from eight to nine.

"Tricia has broad-based managerial, human resources and corporate governance experience," commented Norman Matthews, Chairman of the Board. "We are pleased to welcome her to The Children's Place Board."

Ms. Griffith qualifies as an independent director within the meaning of the Marketplace Rules of the NASDAQ Stock Market, LLC. Ms. Griffith will serve as a Class I Director, and will stand for election at the 2013 Annual Meeting of Stockholders.

The Children's Place is the largest pure-play children's specialty apparel retailer in North America.

Children's Place Retail Stores Inc