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News Release

J.Crew Group to Present at Piper Jaffray/Integrated Corporate Relations London Retail, Apparel & Footwear Conference

NEW YORK, Oct 06, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- J.Crew Group, Inc. (NYSE: JCG), today announced that the Company will be presenting at the Piper Jaffray/Integrated Corporate Relations London Retail, Apparel & Footwear Conference, held at the Mandarin Oriental, Hyde Park, London on Wednesday, October 11th at 7:00 a.m. ET. James Scully, EVP and Chief Financial Officer, will host the presentation. The conference presentation will also be webcast live at http://www.jcrew.com.

About J.Crew

J.Crew Group, Inc. is a nationally recognized multi-channel retailer of men's, women's and children's apparel, shoes and accessories. As of September 29, 2006, the Company operates 172 retail stores, 50 factory stores, the J.Crew catalog business, and jcrew.com. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website http://www.jcrew.com.

SOURCE J.Crew Group, Inc.

James Scully, Chief Financial Officer, +1-212-209-8040, or Investors, Allison Malkin/Chad Jacobs/Joe Teklits, Integrated Corporate Relations, +1-203-682-8200

Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes in the overall level of consumer spending or preferences in apparel, the performance of the Company's products within the prevailing retail environment, trade restrictions, political or financial instability in countries where the Company's goods are manufactured, postal rate increases, paper and printing costs, availability of suitable store locations at appropriate terms and other factors which are set forth in the Company's Form 10-K and in all filings with the SEC made by the Company subsequent to the filing of the Form 10-K. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.