Ascena Retail Group, Inc. Announces Fiscal 2012 First Quarter Financial Results Conference Call on Thursday, December 1, 2011

Ascena Retail Group, Inc. (NASDAQ: ASNA) today announces the release of its fiscal 2012 first quarter financial results on Thursday, December 1, 2011. Results will be released over Business Wire at approximately 4:00 P.M. Eastern Time. The Company will also host a conference call at 4:30 P.M. Eastern Time to review its results, which will include comments by David R. Jaffe, President & CEO and Armand Correia, Executive Vice President & CFO followed by a question and answer session.

Parties interested in participating in this call should dial in at (617) 614-2706 prior to the start time, the passcode is 49439762. The call will also be simultaneously broadcast at www.ascenaretail.com. A recording of the call will be available shortly after its conclusion and until January 1, 2012 by dialing (617) 801-6888, the passcode is 37885299.

About Ascena Retail Group, Inc.

Ascena Retail Group, Inc. is a leading national specialty retailer of apparel for women and tween girls, operating through its wholly-owned subsidiaries, the dressbarn, maurices and Justice brands. The Company operates through its subsidiaries over 2,500 stores throughout the United States, Puerto Rico and Canada, with revenues of approximately $2.9 billion.

dressbarn offers casual, career and special occasion fashion apparel and accessories at value prices for women ages 35-55, operating 836 stores in 47 states. maurices offers casual and career apparel and accessories at value prices to the fashion-conscious woman, ages 17-34 with a 20-something attitude, and operates 797 stores in 44 states. Justice offers trend-right apparel and accessories at value prices for tween girls ages 7-14 and operates 917 stores in 46 states, Puerto Rico and Canada.

For more information, visit www.ascenaretail.com, www.dressbarn.com, www.maurices.com and www.shopjustice.com.