RBC Capital Markets Announces Investment Opinion On Coldwater

 Creek Inc.  
Business Editors & Analysts  
NOTE TO EDITORS: The following is an investment opinion issued by  
RBC Capital Markets  
MINNEAPOLIS--(BUSINESS WIRE)--May 8, 2002--  
RBC Capital Markets Initiates Coverage of Coldwater Creek Inc.  
RBC Capital Markets equity analyst Lauri Brunner initiated 
coverage of Coldwater Creek Inc. (Nasdaq:CWTR), $23.19, with an 
Outperform rating and Above Average risk qualifier. She has a 12-month 
price target of $26.  
"We view Coldwater Creek as a rapid retail store rollout and 
margin expansion story," Brunner said. "We are encouraged by the 
company's long-term growth prospects and important shift from a 
catalog-based to a multi-channel retailing model."  
Coldwater Creek is a leading specialty retailer of high-quality 
apparel and gifts to women over 35.  
Institutional investors interested in receiving more information 
should contact their RBC Capital Markets salesperson. Media interested 
in receiving Brunner's research should call (612) 371-7758.  
RBC Capital Markets is the global brand name for the corporate and 
investment banking divisions of Royal Bank of Canada and its 
affiliates, including the equity capital markets division of RBC Dain 
Rauscher Inc., member NYSE and SIPC. The firm offers focused industry 
expertise and global reach in its chosen products, markets and 
industry sectors through five business divisions and 3,000 employees 
including some 80 analysts covering more than 900 companies. It is a 
member of RBC Financial Group, the brand name of Royal Bank of Canada 
(NYSE:RY)(TSE:RY), the seventh largest bank by assets in North 
America. RBC Financial Group has 57,000 employees who serve over 12 
million customers in 30 countries around the world. For more 
information please visit www.rbccm.com.  
RBC Dain Rauscher Corporation, a wholly owned subsidiary of Royal 
Bank of Canada, is the parent company of RBC Dain Rauscher Inc., the 
nation's ninth largest full-service securities firm with more than 
2,000 financial consultants and 6,000 employees. The companies serve 
individual investors and small business owners through offices coast 
to coast, and capital markets and correspondent clients in select U.S. 
and international markets. Founded in 1909, RBC Dain Rauscher is a 
member of the New York Stock Exchange and other major securities 
exchanges, as well as the Securities Investor Protection Corp. The 
company's headquarters are located at Dain Rauscher Plaza, 60 S. Sixth 
St., in Minneapolis.  
RBC Dain Rauscher Inc. makes a market in Coldwater Creek Inc. and 
may act as principal with regard to sales or purchases of this 
security. The author is employed by RBC Dain Rauscher Inc., a 
securities broker-dealer with principal offices located in Minnesota, 
USA. RBC Capital Markets' Research Ratings Legend can be viewed at 
www.rbcdrw.com/researchratings.  
Additional information on the securities mentioned is available on 
request. This does not purport to be a complete statement of all 
material facts related to any company, industry, or security 
mentioned. The information provided, while not guaranteed as to 
accuracy or completeness, has been obtained from sources believed to 
be reliable. The opinions expressed reflect our judgment at this time 
and are subject to change without notice and may or may not be 
updated. RBC Dain, its officers, directors, affiliates, and/or 
employees (including the authors of this report) may from time to time 
have a long or short position in publicly or privately issued 
securities of companies mentioned or derivatives thereof and may sell 
or buy such securities for their own or related accounts. This notice 
shall not constitute an offer to sell or the solicitation of an offer 
to buy, nor shall there be any sale of these securities in any state 
in which said offer, solicitation, or sale would be unlawful prior to 
registration or qualification under the securities laws of any such 
state. 
 
 
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