Exhibit 99.1
THE NORINCHUKIN BANK
NEW YORK BRANCH
PHONE: (000) 000-0000 000 XXXX XXXXXX
FAX: (000) 000-0000 00XX XXXXX
XXX XXXX, XX 00000
Acceptance of Extension
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April 12, 2005
To: The Talbots, Inc.
Re: Revolving Credit Agreement dated as of January 25, 1994; First
Amendment, dated as of November 21, 1995; Second Amendment, dated as
of April 18, 1996; Third Amendment, dated as of April 17, 1998; and
Fourth Amendment Agreement, dated as of April 16, 1999, between The
Talbots, Inc. as borrower, and The Norinchukin Bank (the "Agreement").
Dear Sirs:
Pursuant to Section 14(j)(ii) of the Agreement, we hereby irrevocably accept
your one year extension of the Revolving Credit Period (as defined in the
Agreement) so that the Revolving Credit Period would expire on April 17, 2007.
Very truly yours,
The Norinchukin Bank,
New York Branch
By: /s/ Toshifumi Tsukitani
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Toshifumi Tsukitani
General Manager
