Hancock Fabrics Provides Hurricane Update

Hancock Fabrics, Inc. (NYSE:HKF), today reported that
the operating hours of 31 stores were affected by Hurricane Rita.
Through Monday, these stores lost a total of almost 100 full days of
business and 25 partial days. Fifteen of the stores remained closed on
Monday; however, at least eleven of them are expected to reopen today.
Twenty-nine of the stores have reported that there was no serious
property damage, while the Company is awaiting reports on the other
two stores.
   In addition, 4 stores remain closed due to Hurricane Katrina.
   Hancock Fabrics, Inc. is a specialty retailer of fabric and
related home sewing and decorating accessories. The Company operates
447 retail fabric stores in 43 states and operates an internet store
under the domain name, www.hancockfabrics.com.