The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, reported that its shareholders elected David T. Ching and Michael F. Hines to its Board of Directors at the Company’s annual meeting earlier this week. Mr. Ching and Mr. Hines joined a slate of eight other ongoing directors who were reelected at the meeting.

David T. Ching, 54, has been Senior Vice President and the Chief Information Officer for Safeway Inc., a publicly held major food and drug retailer, since 1994. Previously, Mr. Ching was the General Manager-North America for British American Consulting Group, a software and consulting firm focusing on the distribution and retail industries. Prior to that, he held senior management positions, including Senior Vice President of Information Systems, with Lucky Stores Inc., a food retailer and subsidiary of American Stores Companies.

Michael F. Hines, 51, served as Executive Vice President and the Chief Financial Officer of Dick’s Sporting Goods, Inc., a publicly held sporting goods retailer, from 1995 to March 2007. Previously, he was Vice President, Finance, and held various senior positions with Staples, Inc., an office products retailer, from 1990 to 1995. Mr. Hines spent 12 years in public accounting, the last eight of which were with the accounting firm Deloitte & Touche LLP.

Ben Cammarata, Chairman of the Board of The TJX Companies, Inc., stated, “We are very pleased to welcome David Ching and Michael Hines to our Board of Directors. Both David and Mike bring knowledge and experience that complement the expertise of the other members of our Board. David brings vast expertise in information technology and distribution for the retail industry, having served in senior management IT roles with a focus on retail for many years. Mike brings the depth of his financial expertise within retail, with many years of experience in senior financial roles in the retail and accounting industries. We are all looking forward to working with David and Mike, as we work towards continuing to grow TJX successfully.”

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 832 T.J. Maxx, 766 Marshalls, 273 HomeGoods, and 128 A.J. Wright stores, as well as 35 Bob’s Stores, in the United States. In Canada, the Company operates 186 Winners and 70 HomeSense stores, and in Europe, 211 T.K. Maxx stores. TJX’s press releases and financial information are also available on the Internet at www.tjx.com.

SAFE HARBOR STATEMENTS UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Various statements made in this release are forward-looking and involve a number of risks and uncertainties. All statements that address activities, events or developments that we intend, expect or believe may occur in the future, including projections of earnings per share and same store sales, are forward-looking statements. The following are some of the factors that could cause actual results to differ materially from the forward-looking statements: the results and effects of the intrusion or intrusions into our computer system including the outcome of our investigation, the extent of customer information compromised and consequences to our business including effects on sales and liabilities and costs; our ability to successfully expand our store base and increase same store sales; risks of expansion and costs of contraction; our ability to successfully implement our opportunistic inventory strategies and to effectively manage our inventories; successful advertising and promotion; consumer confidence, demand, spending habits and buying preferences; effects of unseasonable weather; competitive factors; factors affecting availability of store and distribution center locations on suitable terms; factors affecting our recruitment and employment of associates; factors affecting expenses; success of our acquisition and divestiture activities; our ability to successfully implement technologies and systems and protect data; our ability to continue to generate adequate cash flows; our ability to execute the share repurchase program; availability and cost of financing; general economic conditions, including gasoline prices; potential disruptions due to wars, natural disasters and other events beyond our control; changes in currency and exchange rates; import risks; adverse outcomes for any significant litigation; changes in laws and regulations and accounting rules and principles; adequacy of reserves; closing adjustments; effectiveness of internal controls; and other factors that may be described in our filings with the Securities and Exchange Commission. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized.