URGI United Retail Grp. (MM)

United Retail Group, Inc. (NASDAQ-GM: �URGI�) today announced that the Company has appointed Ms. Julie L. Daly to the newly created position of President, Shop @ Home. Most recently Ms. Daly held the position of Vice President of Strategic Planning, a position she held since 1996. Ms. Daly joined United Retail Group in 1986 as Merchandise Controller, and was promoted to Director of Merchandise Planning in 1988. In 1990, she advanced to Director of Planning & Distribution, and in 1991 became Vice-President, Planning & Distribution. Raphael Benaroya, the Company�s Chairman, President and Chief Executive Officer, commented: �Julie has played a very important role in successfully building the foundation for our Shop@Home business. Under Julie�s leadership, our online business has grown significantly since its inception, and I expect www.avenue.com will play an increasingly important role in our overall growth strategy in the future. In fiscal 2006, Shop @ Home delivered 52% growth over the prior year. Our web site is rapidly evolving, and is one of our key growth initiatives for fiscal 2007 and beyond.� Raphael added: �Julie has demonstrated innovative thinking and a strong entrepreneurial leadership style which are characteristics that are critical to building an internet-based business. She has been successfully developing an organization that is capable of achieving the growth potential we see in this business. We look forward to her additional contributions to our Company�s continuing expansion.� United Retail Group, Inc. is a specialty retailer of large-size women�s fashion apparel, footwear and accessories featuring AVENUE� brand merchandise. The Company operates 487 AVENUE� stores with 2,144,000 square feet of selling space, as well as the AVENUE.COM� website at www.avenue.com. The above release contains certain brief forward-looking statements concerning the Company�s operations and performance. The Company cautions that any forward-looking statements are summary in nature, involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the Company�s control. Accordingly, the Company�s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. The following additional factors, among others, could also affect the Company�s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this release or otherwise made by management: threats of terrorism; war risk; shifts in consumer spending patterns and overall economic conditions; the impact of increased competition; variations in weather patterns; uncertainties relating to execution of the Company�s product repositioning strategy; store lease expirations; increases in interest rates; the ability to retain, hire and train key personnel; risks associated with the ability of the Company�s manufacturers to deliver products in a timely manner; political instability and other risks associated with foreign sources of production; and increases in fuel costs and prevailing wage rates in the industry. The reports filed by the Company with the Commission contain additional information on these and other factors that could affect the Company�s operations and performance. The Company does not intend to update the forward-looking statements contained in the above release, which should not be relied upon as current after today�s date.