Jos. A. Bank Confirms Receipt of Unsolicited Acquisition Proposal by Men's Wearhouse

Jos. A. Bank Clothiers, Inc. (Nasdaq: JOSB) (the "Company") today confirmed that it has received an unsolicited, non-binding acquisition proposal from The Men's Wearhouse, Inc. (NYSE: MW). The Company said its Board of Directors, with the assistance of its financial and legal advisors, would evaluate the proposal and respond in due course. About Jos. A. Bank Jos. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading designers, manufacturers and retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line through 629 stores in 44 states and the District of Columbia, a nationwide catalog and an e-commerce website that can be accessed at www.josbank.com. The Company is headquartered in Hampstead, MD, and its common stock is listed on the NASDAQ under the symbol "JOSB." Cautionary Note on Forward-Looking Statements This press release contains forward-looking statements that are based on currently available information and current expectations, estimates and projections about Jos. A. Bank Clothiers, Inc.'s business. The forward looking statements include assumptions about our operations, such as cost controls, market conditions, liquidity and financial condition. Risks and uncertainties that may affect our business or future See full press release