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Abercrombie & Fitch Announces Stock Repurchase Program
07/29/04

NEW ALBANY, Ohio, July 29 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) announced today that its Board of Directors authorized the repurchase of an additional 6,000,000 shares of Abercrombie & Fitch stock. Abercrombie & Fitch said it will repurchase shares on the open market from time-to-time, depending on market conditions.

During the first quarter of fiscal 2004, the Company repurchased 599,000 outstanding shares in the open market completing its previous 5,000,000 share authorization.

Abercrombie & Fitch operated a total of 722 stores at the end of fiscal June, including 171 abercrombie stores and 192 Hollister Co. stores. The Company operates e-commerce websites at http://www.abercrombie.com , http://www.abercrombiekids.com , and http://www.hollisterco.com .

SOURCE Abercrombie & Fitch CONTACT: Thomas D. Lennox, Director, Investor Relations and Corporate Communications of Abercrombie & Fitch, +1-614-283-6751