Five Below, Inc. Announces Postponement of Proposed Secondary Offering

Five Below, Inc. Announces Postponement of Proposed Secondary Offering

PHILADELPHIA, June 20, 2013 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq:FIVE)
today announced that, in light of current capital market conditions, it has
decided to postpone its previously announced secondary offering of shares of
common stock at this time.

This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor will there be any sale of these securities in any state
or jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.

About Five Below

Five Below is a rapidly growing specialty value retailer offering a broad
range of trend-right, high-quality merchandise targeted at the teen and
pre-teen customer. Five Below offers a dynamic, edited assortment of exciting
products in a fun and differentiated store environment, all priced at $5 and
below, including select brands and licensed merchandise across a number of
category worlds – Style, Room, Sports, Media, Crafts, Party, Candy and Now.
Five Below is headquartered in Philadelphia, Pennsylvania.

CONTACT: Investor Contact:
         ICR, Inc.
         Farah Soi
         203-682-8200
         Farah.soi@icrinc.com
        
         Media Contact:
         Gregory FCA
         Joe Hassett
         610-642-8253
         joeh@gregoryfca.com
 
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