Christopher & Banks Corporation Reports June Sales Results; June Same-Store Sales Increase 10 Percent.

MINNEAPOLIS -- Christopher & Banks Corporation (NYSE: CBK) today reported total sales for the four-week period ended June 24, 2006 increased 20% to $43.3 million from $36.1 million last year. June same-store sales rose 10%.

For the four months ended June 24, 2006, total sales increased 17% to $185.9 million from $158.8 million last year while same-store sales increased 8%. As of June 24, 2006, the Company operated 741 stores compared with 662 stores as of June 25, 2005.

Joe Pennington, Chief Executive Officer, commented, "We are extremely pleased with the continued strength in our same-store sales. June ended on a strong note as customer response to new merchandise assortments was very positive. The appeal of our merchandise continues to expand with each new delivery and we are optimistic regarding our prospects for the balance of the second quarter."

As a reminder, June is a four-week month for Christopher & Banks. The Company's second quarter ends August 26, 2006.

About Christopher & Banks

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. The Company operates 741 stores in 45 states under the names: Christopher & Banks, C.J. Banks and Acorn. The Company currently has 514 Christopher & Banks stores, 199 C.J. Banks stores and 28 Acorn stores.

This release contains forward-looking statements regarding continued strong sales in the balance of the second quarter and the appeal of the Company's merchandise continuing to expand. The achievement of such results is subject to certain risks and uncertainties and may differ materially from those projected. Such risk factors include, but are not limited to, changes in economic, market and weather conditions, the effect of consumer tastes and spending habits, the realization of expected economies gained through the use of private label and direct import merchandise, the continued positive response and the expansion of customer appeal to the Company's new merchandise, management of growth and other factors outside the Company's control, including factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that may arise after the date hereof.