Aeropostale Adds Two Senior Executives to Its Management Team.

Business Editors

NEW YORK--(BUSINESS WIRE)--June 18, 2003

Aeropostale, Inc. (NYSE: ARO), a mall-based specialty retailer of casual and active apparel for young women and men, today announced that Ann Joyce and Tom Clendenin have both joined Aeropostale in two newly created positions. Ann Joyce will be Senior Vice President, Chief Information Officer and Tom Clendenin will be Senior Vice President, Director of Marketing.

"Ann & Tom bring unique skills to Aeropostale, that complement our existing leadership," said Julian R. Geiger, Chairman and CEO. "Their tremendous talent and leadership capabilities will support our mission to be the premier apparel destination for young adults."

Ms. Joyce is an accomplished technology executive with over 17 years of industry experience. Most recently Ms. Joyce was CIO of Leslie Fay where she was part of the senior management team involved in the company's turnaround. Prior to Leslie Fay, Ms. Joyce was at Polo Ralph Lauren from 1996 - 2002. She directed the implementation of many new application capabilities along with a comprehensive methodology for tracking and monitoring the return on technology investments. Prior to Polo Ralph Lauren, from 1986 - 1996 she worked at Garan, Inc.

Clendenin is a senior marketing executive with over 12 years of experience in retail, media and advertising. He most recently was a consultant working with clients in advertising, media and retail, including Aeropostale. Prior to that, in 2001, Clendenin worked at Gap, Inc. as the Senior Vice President, Marketing for its Old Navy division where he led all brand initiatives including advertising, in-store-marketing, public relations, promotions and field marketing. Prior to that, Clendenin worked at ESPN from 1995-2001, most recently as Vice President, Marketing. Clendenin led the positioning and promotion of all ESPN properties, including the four domestic networks, ESPN The Magazine, ESPN Radio and ESPN.com.

About Aeropostale, Inc.

Aeropostale, Inc. (www.aeropostale.com) is a mall-based specialty retailer of casual apparel and accessories that targets both young women and young men aged 11 to 20. The company provides customers with a selection of high-quality, active-oriented, fashion basic merchandise in a high-energy store environment. The company maintains complete control over the proprietary brand by designing and sourcing all of its own merchandise. Aeropostale products can be purchased only in its stores, which sell Aeropostale merchandise exclusively.

The first Aeropostale store was opened in 1987. The company currently operates 405 stores in 39 states.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward-looking statements. These factors include the company's ability to implement its growth strategy successfully, changes in consumer fashion preferences, economic and other conditions in the markets in which we operate, competition, seasonality and the other risks discussed in the company's Form 10-K for the year ended February 1, 2003 filed with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.