Christopher & Banks Corporation Reports March Sales Results.

MINNEAPOLIS -- Christopher & Banks Corporation (NYSE: CBK) today reported March sales results.

For the four-week period ended March 31, 2007, total sales were $41.7 million compared to $36.4 million for the four-week period ended March 25, 2006. March same-store sales for the four weeks ended March 31, 2007 are compared to the four-week period ended April 1, 2006. On this basis, same-store sales for the four-week period ended March 31, 2007 were flat. As of March 31, 2007, the Company operated 782 stores compared to 713 stores as of March 25, 2006.

Matt Dillon, President and Chief Executive Officer, commented, "We are encouraged that March same-store sales results showed significant improvement over February and were above our expectations for the month. Customer response to our new merchandise deliveries has been positive and we are optimistic about the remainder of the Spring selling season."

Stock Repurchase Program

The Company also announced that it repurchased 325,059 shares of its common stock in March. These purchases complete the Company's current $40 million repurchase program and bring the total number of shares purchased to 2,057,182. As of March 31, 2007, the Company had 36.2 million shares of common stock outstanding.

Fourth Quarter and Fiscal 2007 Reporting Date

As previously announced, the Company plans to report fiscal 2007 fourth quarter and full year results after the market closes on Wednesday, April 11, 2007.

About Christopher & Banks

Christopher & Banks is a Minneapolis-based specialty retailer of women's clothing. The Company operates 782 stores under the names Christopher & Banks, C.J. Banks and Acorn. The Company currently has 525 Christopher & Banks stores, 221 C.J. Banks stores and 36 Acorn stores.

This release contains forward-looking statements, including a statement regarding the Company's outlook for the remainder of the Spring selling season. The achievement of such results is subject to certain risk factors and uncertainties and actual results may differ materially from those projected. Such risk factors include, but are not limited to, adverse changes in economic, market and weather conditions, shifts in consumer tastes and spending habits that result in decreased sales, failure to realize expected economies gained through the use of private label and direct import merchandise, problems in managing our 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.