Goody’s Family Clothing, Inc.

(Nasdaq: GDYS) and its associates raised more than $1 million for Children’s

Miracle Network (CMN) affiliate hospitals during the Company’s 1999/2000

fundraising campaign. The money was raised through a series of events

including sales of paper miracle balloons and CMN t-shirts, a chain-wide

dress-down day, and through associate and corporate contributions.

“We’ve chosen CMN as our primary corporate charity because it’s a great

way for our company and our associates to make a solid difference in the lives

of children and families in the communities where we operate stores,” said Bob

Goodfriend, Chairman and Chief Executive Officer. “The program allows us to

partner with our customers to ensure that the best possible pediatric care is

available to all of our children — and that’s something our associates and

our customers feel good about.”

“Children’s Miracle Network is proud and honored to once again partner

with Goody’s Family Clothing in support of hospitalized children,” said Mick

Shannon, President and Chief Executive Officer of Children’s Miracle Network,

headquartered in Salt Lake City, Utah. “The ongoing support and commitment of

Goody’s associates and customers is tremendous. We are indebted to Goody’s

for all they do and the miracles they are helping to create in the lives of

millions of children.”

Children’s Miracle Network is an international non-profit organization

dedicated to helping children by raising funds for 170 affiliated children’s

hospitals. Each year these hospitals help 14 million children afflicted with

illnesses and injuries of every kind, including cancer, AIDS, birth defects,

and trauma.

With headquarters in Knoxville, Tennessee, Goody’s is a retailer of

moderately priced family apparel operating 297 stores in the 17 states of

Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kentucky, Mississippi,

Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas,

Virginia and West Virginia.