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News Release

J.Crew Group to Present at the Banc of America 2007 Consumer Conference

NEW YORK, March 8 /PRNewswire-FirstCall/ -- J.Crew Group, Inc. (NYSE: JCG), today announced that the Company will be presenting at the Banc of America 2007 Consumer Conference, held at The New York Palace Hotel in New York City on Thursday, March 15th at 8:50 a.m. ET. Millard Drexler, Chairman and CEO, and 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 women's, men's and children's apparel, shoes and accessories. As of March 7, 2007, the Company operates 176 retail stores, the J.Crew catalog business, jcrew.com, and 51 factory outlet stores. 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.

CONTACT:
James Scully, Chief Financial Officer of J.Crew Group
1-212-209-8040
or
Investors:
Allison Malkin
Joe Teklits
Chad Jacobs
All of Integrated Corporate Relations
1-203-682-8200
Web site: http://www.jcrew.com

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.