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Press Release

Five Below, Inc. Announces Annual Meeting Date

April 5, 2013

PHILADELPHIA, April 5, 2013 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq:FIVE) today announced that the 2013 annual meeting of shareholders will be held on Thursday, May 30, 2013, at the offices of Pepper Hamilton LLP, 3000 Two Logan Square, 18th and Arch Streets, Philadelphia, Pennsylvania. Shareholders of record as of the close of business on April 5, 2013 will be entitled to receive notice of and to vote at the meeting.

About Five Below

Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer. Five Below offers a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds — Style, Room, Sports, Media, Crafts, Party, Candy and Now. Five Below is headquartered in Philadelphia, Pennsylvania.

CONTACT: Investor Contact:

         ICR, Inc.

         Farah Soi

         203-682-8200

         Farah.soi@icrinc.com

         

         Media Contact:

         Gregory FCA

         Joe Hassett

         610-642-8253