18.01.2005 23:57:00

Jay Margolis Joins Limited Brands, Inc.

COLUMBUS, Ohio, Jan. 18 /PRNewswire-FirstCall/ -- Limited Brands, Inc. announced today that Jay Margolis will join Limited Brands as Group President, Apparel. In this role, Mr. Margolis will provide oversight for Limited Brands' apparel divisions, Express and Limited Stores. Mr. Margolis will report to the Office of the Chief Executive and join the Limited Brands Executive Leadership Team (ELT) and Executive Committee.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050118/CLTU089-b ) (Logo: http://www.newscom.com/cgi-bin/prnh/20020520/CLM001LOGO )

"Jay brings to Limited Brands an impressive track record and extensive brand building experience," said Leslie H. Wexner, Chairman and CEO of Limited Brands. "As Group President, Apparel, he will drive group integration and will leverage idea generation and innovation across the apparel brands and distribution channels."

Previously President/COO of Reebok International, Mr. Margolis also served as EVP/President of the Reebok Specialty Business Groups (with oversight for Ralph Lauren, Rockport and Greg Norman brands) and Chairman/CEO of Esprit de Corporation. Mr. Margolis' retail experience also includes executive leadership roles at Tommy Hilfiger/Pepe (President/Vice Chairman of the Board) and Liz Claiborne (Vice Chairman, President, Liz Claiborne Sportswear and President Claiborne Men's).

Jay received a Bachelor of the Arts from Queens College. ABOUT LIMITED BRANDS:

Limited Brands, through Victoria's Secret, Bath & Body Works, Express, Limited Stores, White Barn Candle Co. and Henri Bendel, presently operates 3,835 specialty stores. Victoria's Secret products are also available through the catalogue and http://www.victoriassecret.com/ .

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