updated 12/30/2010 5:15:17 AM ET 2010-12-30T10:15:17

MINNEAPOLIS, Dec 29, 2010 -- Christopher & Banks Corporation today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, to be payable January 26, 2011 to shareholders of record at the close of business on January 12, 2011.

About Christopher & Banks Corporation

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. As of December 29, 2010, the Company operates 788 stores in 46 states consisting of 527 Christopher & Banks stores, 257 stores in their plus size clothing division CJ Banks, two dual-concept stores and two outlet stores. The Company also operates the www.ChristopherandBanks.com and www.CJBanks.com e-Commerce websites.

Contacts:  Christopher & Banks Corporation 
           Michael Lyftogt, Chief Accounting Officer,
            Interim Chief Financial Officer
           763-551-5000

           ICR, Inc.
           Investor Relations:
           Jean Fontana
           Melissa Mackay
           203-682-8200

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