ANN INC. and Vital Voices Global Partnership Award Fourteen ANNpower Project Grants to Emerging Female Leaders

 ANN INC. and Vital Voices Global Partnership Award Fourteen ANNpower Project
                      Grants to Emerging Female Leaders

Initiative Provides Leadership Training to High School Girls and Funds
Community Projects Designed to Drive Positive Social Change

PR Newswire

NEW YORK, Nov. 12, 2012

NEW YORK, Nov. 12, 2012 /PRNewswire/ --ANN INC. (NYSE: ANN), the parent
Company of Ann Taylor and LOFT, and Vital Voices Global Partnership are proud
to announce the 2012 ANNpower Grantees today. The group represents fourteen
diverse and driven young women from across the country who are committed to
serving their communities as the next generation of female leaders.

Through a competitive national application process in March, 50 rising high
school juniors and seniors were selected to be ANNpower Fellows and
participate in the ANNpower Vital Voices Initiative, a groundbreaking
partnership that provides leadership skills and mentorship for young women.
Upon completion of leadership training, the Fellows were challenged to take
their first steps as rising leaders by developing projects to initiate
positive social change within their communities.

"Four months ago, we challenged these young women to take the lead in
developing plans that will have an impact in their communities. From teaching
underprivileged families healthy eating habits to launching a girls leadership
summit, these ANNpower Project Grants will support the realization of the
visionary plans of these dedicated young leaders," said Alyse Nelson,
President and CEO of Vital Voices.

The Grants are awarded based on a comprehensive review process of the project
proposals by ANN INC. and Vital Voices leadership, as well as the newly
appointed ANNpower Advisory Council.

"We are so honored to award these inspiring young women with the resources to
help put their ideas into action," said Kay Krill, President and CEO of ANN
INC. "As a company for women, ANN INC. is passionate about empowering the next
generation of female leaders. The 2012 ANNpower Grantees are helping us lead
this charge by 'paying it forward' and initiating change within their
communities. We look forward to all that they will achieve in the coming year
and feel privileged to take part in their journey."

ANN INC. has committed to invest more than $1.3 million in the ANNpower
Initiative through its ANN Cares charitable platform through 2014. In doing
so, they will provide leadership training and mentorship opportunities to at
least 50 Fellows annually.

To learn more about the 2012 ANNpower Grantees, the ANNpower Vital Voices
Initiative, or the ANNpower Fellow application process, which opens December
16, 2012 through January 21, 2013, please visit ANNpower.org.

About ANN INC.
ANN INC. is the parent Company of Ann Taylor and LOFT, two of the leading
women's specialty retail fashion brands in North America. The Company operates
962 Ann Taylor, Ann Taylor Factory, LOFT and LOFT Outlet stores in 46 states,
the District of Columbia, Puerto Rico and Canadaas of July 28, 2012, as well
as online at AnnTaylor.com and LOFT.com. Visit ANNINC.com for more information
(NYSE: ANN).

About ANN Cares
ANN INC.'s commitment to corporate responsibility extends into the communities
where we live and work. Through our charitable platform, ANN Cares, we develop
campaigns that engage, inspire, and connect our clients and our associates
with the charities that we support. We provide support to renowned programs
that contribute to women's and children's health and well-being, as well as
our associates and the environment. Since 2005, we have contributed over $20
million to our national charitable partners. Visit ResponsiblyANN.com for
more information.

About Vital Voices Global Partnership
Vital Voices Global Partnership  is a leading non-governmental organization
that identifies, invests in and brings visibility to extraordinary women
around the world by unleashing their leadership potential to transform lives
and accelerate peace and prosperity in their communities. Founded by U.S.
Secretary of State Hillary Clinton in 1997, the organization trains and
mentors women leaders as agents of transformative change in economic
development, human rights and political participation. The Vital Voices Global
Leadership Network includes more than 12,000 leaders representing 144
countries that have trained and mentored 500,000 additional women and girls in
their communities. Visit www.vitalvoices.org to learn more.

SOURCE ANN INC.

Website: http://www.ANNINC.com
Contact: Catherine Fisher, VP, Corporate Communications, +1-212-541-3300