Target Comps Jump 9% in February

Target Corporation’s net retail sales from continuing operations for the four weeks ended February 26, 2005 increased 16.1% to $3.376 billion from $2.907 billion for the four-week period ended February 28, 2004. On this same basis, comparable-store sales increased 9.0% from fiscal February 2004.

“Our sales were well-above plan in February, reflecting a continuation of the strong momentum we enjoyed in January,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. “This ongoing strength in sales further underscores our optimism about the company’s first quarter profitability.”

                                                           Comparable Stores
                               Sales      Total Sales          % Change
     Continuing Operations   (millions)    % Change      This Year   Last Year
     February                  $3,376       16.1           9.0         8.0