Wet Seal Says Two Proxy Advisors Recommend Holders Reject Clinton Effort

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The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to youngwomen, announced today that two leading independent proxy advisors,Institutional Shareholder Services (“ISS”) and Egan-Jones Proxy Services(”Egan-Jones”), have recommended that shareholders reject efforts by ClintonGroup to replace six members of the Company's Board of directors.

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