Committedto Grow th We are committed to growth and continue to seek additional expansion opportunities in both the national and international markets. We believe our broad consumer appeal coupled with a high return on investment, will enable us to operate more than 1,000 stores in the U.S. The Children’s Place/babyPLACE combo stores provide an internal growth opportunity for approximately 300 babyPLACE stores. This expansion allows us to increase our square footage and sales without increasing our store count.  We are also very excited about our entry into the Canadian market. We plan to open approximately 30 new Canadian stores in 2002, and foresee the potential of operating over 125 stores in Canada. In 2001, we opened 121 new stores and celebrated our 500th store opening. We look forward to becoming the #1 children’s apparel specialty retailer in the United States and Canada.