<SEC-DOCUMENT>0000930413-15-002457.txt : 20150512
<SEC-HEADER>0000930413-15-002457.hdr.sgml : 20150512
<ACCEPTANCE-DATETIME>20150512165321
ACCESSION NUMBER:		0000930413-15-002457
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20150512
DATE AS OF CHANGE:		20150512
EFFECTIVENESS DATE:		20150512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Childrens Place, Inc.
		CENTRAL INDEX KEY:			0001041859
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				311241495
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23071
		FILM NUMBER:		15855125

	BUSINESS ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094
		BUSINESS PHONE:		2015582400

	MAIL ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHILDRENS PLACE RETAIL STORES INC
		DATE OF NAME CHANGE:	19970702
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>c81399_defa14a.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
<B>Washington, D.C. 20549</B><BR>
<BR>
<B>SCHEDULE 14A</B><BR>
<B>(Rule 14a-101)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Information</B> <B>Required in Proxy
Statement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Schedule 14A Information</B><BR>
<BR>
Proxy Statement Pursuant to Section 14(a) of the Securities<BR>
Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Filed by the Registrant <FONT STYLE="font-family: Wingdings"><B>x</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Filed by a Party other than the
    Registrant <FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Check the appropriate box:</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="width: 97%; padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Preliminary Proxy Statement</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Confidential, for Use of the Commission Only
    (as permitted by Rule 14a-6(e)(2))</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Definitive Proxy Statement</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>x</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Definitive Additional Materials</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Soliciting Material Pursuant to &sect;240.14a-12</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 100%; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt; text-align: center"><B>The
    Children&rsquo;s Place, Inc.</B></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif; text-align: center">(Name of Registrant as Specified
    In Its Charter)</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif; text-align: center">(Name of Person(s) Filing Proxy
    Statement, If Other Than the Registrant)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Payment of Filing Fee (Check the appropriate box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">x</FONT></B> </TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">No fee required.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Fee computed on table below per Exchange
    Act Rules 14a-6(i)(1) and 0-11.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 94%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">1)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Title of each class of securities to which transaction
    applies:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">2)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Aggregate number of securities to which transaction
    applies:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">3)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Per unit price or other underlying value of transaction
    computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was
    determined):</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">4)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Proposed maximum aggregate value of transaction:</TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">5)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">Total fee paid:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Fee previously paid with preliminary
    materials.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Check box if any part of the fee is
    offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously.
    Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">1)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Amount Previously Paid:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">2)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Form, Schedule or Registration Statement No.:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">3)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Filing Party:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">4)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Date Filed:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
</TABLE>


<DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>


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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><B>THE CHILDREN&rsquo;S PLACE
SENDS LETTER TO SHAREHOLDERS </B></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><B><I>Highlights Dissidents&rsquo;
Misleading Claims, Flawed Analysis and Questionable Track Record</I></B></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><B><I>Recommends Shareholders
Support its Three Highly Qualified, Independent Director Nominees </I></B><BR>
<B><I>By Voting the WHITE Proxy Card Today</I></B></P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><B>SECAUCUS, N.J., May 12, 2015</B> <B>(BUSINESS WIRE)</B>
-- The Children's Place, Inc. (Nasdaq: PLCE), the largest pure-play children&rsquo;s specialty apparel retailer in North America,
today announced that it has sent a letter to shareholders of The Children&rsquo;s Place in connection with the Company&rsquo;s
Annual Meeting on May 22, 2015. The letter highlights the false and inaccurate claims and disruptive campaign waged against the
Company by Macellum SPV II, L.P. (&ldquo;Macellum&rdquo;) and Barington Companies Equity Partners, L.P. (&ldquo;Barington&rdquo;),
which together own approximately two percent of the Company&rsquo;s shares.</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">Norman Matthews, Chairman of the Board of The Children&rsquo;s
Place, stated, &ldquo;The Dissidents are seeking to make changes to our Board and disrupt the sweeping transformation that is well
underway at The Children&rsquo;s Place. In doing so, they have made a number of assertions about the need for change and have aggressively
criticized the Company&rsquo;s senior management and Board &ndash; however, most, if not all, of their claims and criticisms are
simply untrue or based on faulty premises.</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">Mr. Matthews continued, &ldquo;Our transformation continues
to deliver tangible progress, as demonstrated by our strong preliminary first quarter results, which included our fourth consecutive
quarter of positive comparative store sales and robust margins and EPS. We also remain steadfast in our commitment to the strategic
deployment of capital &ndash; we continue to make critical investments in our infrastructure and the future of our business and
have returned nearly half a billion dollars to shareholders since 2009.</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">Mr. Matthews added, &ldquo;Macellum and Barington chose
to publicly attack the Company without attempting to engage in any prior substantive discussion regarding their suggestions to
improve the Company. The Dissidents&rsquo; misleading claims, erratic behavior, questionable track record and outright attacks
on our Company and its Board and management team raise serious questions as to whether the Dissident&rsquo;s nominees would truly
serve the best interests of all shareholders. We urge shareholders to carefully review the facts before making their voting decisions.&rdquo;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">The text of the letter follows:</P>











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<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">May 12, 2015</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Dear Shareholders,</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The 2015 Annual Meeting of Stockholders of The Children&rsquo;s
Place, Inc. (&ldquo;The Children&rsquo;s Place&rdquo;) is fast approaching. Your vote in support of the Company&rsquo;s three nominees
at the May 22, 2015 meeting is critical to helping to ensure that the strong progress currently underway at The Children&rsquo;s
Place continues without interruption. <B><U>We urge shareholders to carefully consider the destabilizing impact</U> <U>that a change
in our strategy could have on the value of your shares of The Children&rsquo;s Place.</U> </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Company&rsquo;s three experienced and highly qualified, independent
nominees for whom we are asking your support are Norman Matthews (Chairman of the Board), Kenneth Reiss (Chair of the Audit Committee)
and Stanley W. Reynolds (member of the Audit Committee).</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Under the oversight of our current Directors, The Children&rsquo;s
Place is outperforming its specialty apparel retailing peers. </B>Our recently announced excellent first quarter financial results
demonstrate that we are continuing the strong momentum we generated in fiscal 2014 by successfully implementing our transformation
plan, including achieving four consecutive quarters of positive comparative store sales. Additionally, we have significantly increased
our gross margin, far exceeded the prior year&rsquo;s EPS, increased our adjusted guidance for fiscal 2015 and returned another
$43M of capital to shareholders in the first quarter. As a result, our stock is currently trading at an eight-year high.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>When Jane Elfers joined the Company as CEO in 2010, we implemented
a strategic transformation plan. As promised, our plan continues to deliver results &#8211; our fiscal 2014 and Q1 2015 results
and our share price performance prove it. </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">As you likely have seen, Macellum SPV II, L.P. (&ldquo;Macellum&rdquo;)
and Barington Companies Equity Partners, L.P. (&ldquo;Barington&rdquo; and collectively with Macellum, the &ldquo;Dissidents&rdquo;),
which together own approximately two percent of the Company&rsquo;s shares, have nominated a slate comprised of two individuals.
The Dissidents&rsquo; disruptive campaign comes at a critical time in the Company&rsquo;s transformation, and we urge you to carefully
consider the facts.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>In addition to our strong performance and continuing momentum,
we believe there are many reasons to support the Company&rsquo;s talented and dedicated nominees over those of the Dissidents,
including:</U></B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt">&nbsp;</TD><TD STYLE="width: 18pt">&#8226;</TD><TD><B>The Dissidents&rsquo; claims are not supported by the facts</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt">&nbsp;</TD><TD STYLE="width: 18pt">&#8226;</TD><TD><B>The Dissidents&rsquo; erratic behavior and poor track record do not warrant your support</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt">&nbsp;</TD><TD STYLE="width: 18pt">&#8226;</TD><TD><B>The Dissidents&rsquo; nominees would not be additive to the Board of The Children&rsquo;s Place, and would replace strong
directors who have the relevant financial, operational and international experience and skills necessary for a global, omni-channel
and specialty apparel retailer</B></TD></TR></TABLE>

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<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>THE DISSIDENTS&rsquo; CLAIMS ARE <U>NOT</U>
SUPPORTED BY THE FACTS</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Dissidents are seeking to make changes to our Board and disrupt
the sweeping transformation that is well underway at The Children&rsquo;s Place. They have made a number of assertions about the
need for change, and they have aggressively criticized the Company&rsquo;s senior management and Board. However, most, if not all,
of the Dissidents&rsquo; claims and criticisms are simply untrue or based on faulty premises.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>In fact, the Dissidents&rsquo; fundamental assertion &#8211;
that Jane Elfers and the Board inherited a &ldquo;strong company with good prospects&rdquo;<SUP>1</SUP> &#8211; is a complete mischaracterization
of the facts. </B>The facts are that when Jane became CEO in 2010, she found that the Company sorely lacked leadership and management
talent, did not have any growth strategy, and relied on antiquated technology and systems. As such, The Children&rsquo;s Place
stock had fallen 58% in the three-years prior to Jane&rsquo;s arrival.<B> Simply put, this was a company in dire need of a new
vision, significant investments and a new management team &#8211; a far cry from the &ldquo;strong company&rdquo;<SUP>2</SUP> the
Dissidents claim our Board &ldquo;inherited&rdquo;.<SUP>3</SUP></B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Similarly, the Dissidents&rsquo; claims regarding our stock
and operating performance since Jane&rsquo;s arrival are <U>not</U> supported by an objective analysis of a representative peer
group of the Company.</B> They point to one, cherry-picked example company with very different characteristics. The Dissidents
completely ignore the performance of the true peers of The Children&rsquo;s Place or other more representative groups of comparable
companies, including Gymboree and Justice.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Dissidents also have made false and misleading statements
with regard to our North American store footprint, claiming that we have accelerated store growth &#8211; when in fact we have
closed 147 underperforming stores since 2010 (145 of which were opened under a prior management team) and have publicly disclosed
plans to close an additional 124 underperforming stores through 2017.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Additionally, their attacks on our corporate governance are
ridiculous and unfounded.</B> Directors should be working toward the interests of <U>ALL</U> shareholders, and our corporate governance
programs reflect that. We have separate roles for the Chairman of the Board and the CEO, we declassified our Board, and we instituted
enhanced stock ownership guidelines for our executives and independent Directors, among other best practices.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">In another blatant misrepresentation, the Dissidents sought to
disparage our Board by claiming that the Dissidents &ldquo;tried to work constructively with the Company to reconstitute the Board
in a manner that would avoid a proxy contest.&rdquo;<SUP>4</SUP> This is a bald mischaracterization of the facts, and it is a blatant
attempt to suggest that the Board is unwilling to engage in constructive discussions with shareholders when there is ample evidence,
recently and going back years, of this Board&rsquo;s willingness to engage, listen and make changes based on constructive feedback
from shareholders.<B> The simple fact is that the Dissidents failed to engage with the Company in any substantive manner prior
to the release of their aggressively worded March 11 letter in which they condemned our CEO and demanded that our Board immediately
explore opportunities to sell the Company. </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 9.84pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><SUP>1 2 3 </SUP>&ldquo;Shareholders For Change at The Children&rsquo;s
Place&rdquo; Presentation. April, 2015. p. 5.</P>

<P STYLE="font: 9.84pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><SUP>4</SUP> EDGAR Pro. (2015, May 4). <I>The Children&rsquo;s
Place, Inc</I>.: DEFC14A filed by the Dissidents.</P>

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<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><U>We believe that these misrepresentations are indicative
of a fundamental lack of understanding of our business and/or simply intended to mislead and misinform shareholders. We strongly
urge shareholders to understand the facts and to not make decisions with respect to their investment in The Children&rsquo;s Place
based on the Dissidents&rsquo; self-serving and misleading assertions and criticisms. </U></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>THE DISSIDENTS&rsquo; CAMPAIGN IS DEVOID
OF FOCUS AND REFLECTS A LACK OF UNDERSTANDING OF</B><BR>
<B>OUR BUSINESS AND INDUSTRY --</B><BR>
<B>DON&rsquo;T REWARD THIS ERRATIC BEHAVIOR AND POOR TRACK RECORD</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>We believe the Dissidents&rsquo; campaign has been disorganized,
unconstructive and uninformed from its genesis.</B> Their March 11 letter came one day prior to the Company&rsquo;s fourth quarter
2014 earnings announcement and conference call, which suggests that the timing of their letter was purely designed to disrupt
the Company and distract investors. This is hardly a constructive way to engage.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Their lack of focus is demonstrated by our understanding of
initial conversations between Jonathan Duskin, CEO of Macellum, and James Mitarotonda, Chairman, President and CEO of Barington,
regarding the Dissidents&rsquo; campaign. <B>We understand that Mr. Duskin asked Mr. Mitarotonda to join Macellum in the campaign
against the Company a mere four days prior to submitting the March 11 letter outlining their scatter-shot and unfounded criticisms
of the Company.</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Mr. Mitarotonda himself admitted that he had no intention
of entering into this campaign prior to Macellum approaching him. In fact, shortly after we received the Dissidents&rsquo; letter,
Mr. Mitarotonda contacted Joseph Gromek, a member of The Children&rsquo;s Place Board, and apologized for putting him in a bad
position. Mr. Mitarotonda had no prior substantive conversation with the Company about any suggestions to improve The Children&rsquo;s
Place prior to filing the March 11 demand letter. Mr. Mitarotonda subsequently and falsely indicated to Mr. Gromek that he would
not engage in a proxy contest.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>These deliberate attempts by the Dissidents to disrupt
the Company&rsquo;s earnings process and obfuscate their intentions are <U>not</U> consistent with a good faith desire to engage
constructively with the Board. </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>We urge shareholders to consider whether it is within their
best interests to risk interrupting the momentum that is underway at The Children&rsquo;s Place by replacing our current Directors
with individuals nominated by shareholders who have <U>not</U> demonstrated a desire to engage in good faith with the Company.</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">It is also important to point out that Mr. Duskin, who has
been the public face of the Dissidents&rsquo; campaign, claims to be a retail expert, yet he has failed to help retail businesses
succeed in this space on numerous occasions. His professional affiliations have been fraught with underperformance and abject
failures, and he has bounced from job to job in what appear to be peripheral roles.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Mr. Duskin&rsquo;s track record as a Director on Boards
of retail companies leaves much to be desired.</B> Most notably, Mr. Duskin was a Board member at the now-bankrupt Wet Seal until
a substantial majority of</P>

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<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">shareholders voted in favor of his removal.<SUP>5</SUP> <SUP>6
</SUP>Further, Mr. Duskin served on the Boards of three additional retail companies, all of which went bankrupt in 2008: KB Toys,
a mall-based retail toy store chain, Plvtz, Inc. the holding company of Levitz Furniture Inc., and Whitehall Jewelers Inc., a
specialty retailer of jewelry. <B>Considering Mr. Duskin&rsquo;s poor track record in the retail industry, it is not surprising
that he does not have an accurate understanding of and has put forth a deeply flawed analysis of the business of The Children&rsquo;s
Place.</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>THE DISSIDENTS&rsquo; TWO NOMINEES
WOULD <U>NOT</U> BE ADDITIVE</B><BR>
<B>TO THE BOARD OF THE CHILDREN&rsquo;S PLACE</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Company&rsquo;s Board of Directors carefully evaluated
the Dissidents&rsquo; nominees, including by conducting background checks and detailed professional reviews, and the full Board
concluded that the Dissidents&rsquo; nominees would not be additive to the Board. Furthermore, we are concerned with the fact
that the Dissidents&rsquo; have nominated one director who sits on the Board of a direct competitor, which also raises potential
confidentiality, competitive and antitrust concerns. Adding the Dissidents&rsquo; nominees &ndash; especially given the destructive
path chosen by the Dissidents in pursuing this campaign &ndash; dramatically increases the potential for disruption to the Board
and to the continued execution of a successful transformation plan.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>We strongly believe that our three nominees and our five
other current Directors collectively have the right combination of expertise, experience and independence to continue the strong
progress being made at the Company.</B> The Board believes that both Stan and I bring valuable and directly relevant skills, that
we are important contributors as directors and that now is <U>not</U> the right time to alter the Board dynamic and risk interrupting
the strong momentum that The Children&rsquo;s Place has demonstrated.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>It is important to remember that the Company&rsquo;s Board
has undergone dramatic changes in recent years. </B>Six of the eight current Board members were added in the last five years,
and two of these new independent Directors joined the Board last year. With the exception of Jane, all of our Directors are independent.
We believe the Board has an effective and appropriate balance between experience and fresh perspectives to guide and oversee the
execution of our transformation strategy.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>The current Board is well-aligned on the current business
strategy and believes that it would be detrimental to shareholder value to introduce uncertainty about the business strategy and
the Board&rsquo;s commitment to continued execution of the transformation plan which is delivering substantial value to our shareholders.
</B> <B> </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>YOUR VOTE IS IMPORTANT &ndash; PLEASE
SUBMIT THE <U>WHITE</U> PROXY CARD TODAY</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Our upcoming Annual Meeting is an important event in shaping
the future of our Company and its Board of Directors. Your Board unanimously recommends that you vote for our three highly qualified
Director nominees on the WHITE proxy card.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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<P STYLE="font: 9.84pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><SUP>5</SUP> <I>New York Post</I>, <I><U>4 Wet Seal directors go overboard, </U></I>Kaja Whitehouse (2012, October 5)<I>.</I></P>

<P STYLE="font: 9.84pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><SUP>6</SUP> EDGAR Pro. (2012, October 5). <I>The Wet Seal, Inc.: 8-K.</I></P>



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<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">You may vote by telephone, over the internet, or by signing,
dating and returning the enclosed WHITE proxy card in the postage-paid envelope. We also urge you to discard any blue proxy card
sent to you by Macellum, Barington or their affiliates. If you have already submitted a blue proxy card, you can change your vote
by signing, dating and returning a WHITE proxy card. Only your latest dated proxy card will be counted.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>THE CHILDREN&rsquo;S PLACE BOARD IS ALIGNED
WITH THE INTERESTS OF SHAREHOLDERS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Our Board and management team are very focused on continuing
the transformation of The Children&rsquo;s Place into a leading, global, omni-channel children&rsquo;s apparel brand. Shares of
The Children&rsquo;s Place are currently trading at an eight-year high, and the continuing execution of our strategic plan has
enabled us to outperform our peer group in an intensely competitive children&rsquo;s retail apparel environment and to return nearly
a half billion dollars to shareholders since 2009. Importantly, we believe there is substantial additional upside.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">We very much
appreciate the confidence you have placed in us, and we remain keenly focused on continuing to deliver substantial shareholder
value.</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Regards,</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><IMG SRC="x1_c81399x5x1.jpg" ALT=""></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Norman Matthews</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Chairman of the Board of Directors</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>About The Children&rsquo;s Place, Inc.</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Children&rsquo;s
Place is the largest pure-play children&rsquo;s specialty apparel retailer in North America. The Company designs, contracts to
manufacture, sells and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary
&ldquo;The Children&rsquo;s Place,&rdquo; &ldquo;Place&rdquo; and &ldquo;Baby Place&rdquo; brand names. As of January 31, 2015,
the Company operated 1,097 stores in the United States, Canada and Puerto Rico, an online store at <U>www.childrensplace.com</U>,
and had 72 international stores open and operated by its franchise partners.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Forward Looking Statements</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">This document may contain certain forward-looking statements
regarding future circumstances. These forward-looking statements are based upon the Company&rsquo;s current expectations and assumptions
and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of
these risks and uncertainties are described in the Company&rsquo;s filings with the U.S. Securities and Exchange Commission (the
&ldquo;SEC&rdquo;), including in the &ldquo;Risk Factors&rdquo; section of its annual report on Form 10-K for the fiscal year
ended January 31, 2015. Included among the risks and uncertainties that could cause actual results and performance to differ materially
are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting
from the highly competitive nature of the Company&rsquo;s business and its dependence on consumer spending patterns, which may
be affected by the weakness in the economy that continues to affect the Company&rsquo;s target customer, the risk that the Company&rsquo;s
strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk that the
cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to</P>

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    <!-- Field: /Page -->




<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">offset cost increases through value engineering or price increases,
and the uncertainty of weather patterns. Readers are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date they were made. The Company undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any
other person that the events or circumstances described in such statement are material.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Important Additional Information</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Company, its directors and certain of its executive officers
may be deemed to be participants in the solicitation of proxies from Company shareholders in connection with the matters to be
considered at the Company&rsquo;s 2015 Annual Meeting. The Company has filed a definitive proxy statement and form of WHITE proxy
card with the SEC in connection with any such solicitation of proxies from Company shareholders. <B>COMPANY SHAREHOLDERS ARE STRONGLY
ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT AND ACCOMPANYING WHITE PROXY CARD AS THEY CONTAIN IMPORTANT INFORMATION.</B>
Information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise,
is set forth in the proxy statement and other materials filed by the Company with the SEC. Shareholders will be able to obtain
any proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC
for no charge at the SEC&rsquo;s website at <U>www.sec.gov</U>. Copies will also be available at no charge at the Company&rsquo;s
website at <U>www.childrensplace.com</U>, by writing to The Children&rsquo;s Place, Inc. at 500 Plaza Drive, Secaucus, NJ 07094,
or by calling the Company&rsquo;s proxy solicitor, MacKenzie Partners, toll-free at (800) 322-2885.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; border-collapse: collapse; font: 10.13pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="border-top: Black 1px solid; font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="width: 100%; font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid"><I>If you have any questions, please
    call MacKenzie Partners</I><br>
    <I>at the phone numbers listed below.</I></td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid"><IMG SRC="x1_c81399x6x1.jpg" ALT=""></TD></TR>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">105 Madison Avenue<br>
    New York, NY 10016</td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid"><U>proxy@mackenziepartners.com</U></td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-right: Black 1px solid; border-left: Black 1px solid">(212) 929-5500 (Call Collect)<br>
    Or<br>
    TOLL-FREE (800) 322-2885</td></tr>
<TR STYLE="vertical-align: top; font: 10.13pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10.13pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1px solid; border-left: Black 1px solid; border-right: Black 1px solid">&nbsp;</TD></TR>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Investor Contact: </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Robert Vill</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Group Vice President, Finance</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(201) 453-6693</P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Larry Dennedy</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Mackenzie Partners</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(212) 929-5239</P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Media Contact: </B></P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Paul Caminiti/David Millar/Pamela Blum</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Sard Verbinnen &amp; Co</P>

<P STYLE="font: 10.8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(212) 687-8080</P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
