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Bernard Chaus Reports Strong Second Quarter Results.

Business Wire

| January 30, 2003 | COPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 30, 2003

Company's Turnaround Continues with Diluted EPS for First Half

Reaching $0.07, Up from a Loss of $0.22 in the Year-Ago

Six-Month Period

Bernard Chaus, Inc. (OTC Bulletin Board: CHBD.OB) today reported a turnaround in the Company's financial results for the second quarter and six-month periods of fiscal year 2003.

For the quarter ended December 31, 2002, historically the Company's weakest quarter, net income advanced to $580,000, or $0.02 per diluted share, compared to a net loss of $5.3 million, or a loss of $0.20 per diluted share, in the same quarter last year. Revenues for the second quarter of fiscal 2003 were $30.9 million versus $30.0 million in the year-ago second quarter, including a one-month contribution from the Company's recent acquisition of certain assets of S.L. Danielle.

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Source: HighBeam Research, Bernard Chaus Reports Strong Second Quarter Results.

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