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Press Release

Five Below, Inc. Announces First Quarter Fiscal 2014 Earnings Conference Call

May 21, 2014

PHILADELPHIA, May 21, 2014 (GLOBE NEWSWIRE) -- Five Below, Inc. (Nasdaq:FIVE) today announced that its financial results for the first quarter of fiscal 2014 will be released after market close on Wednesday, June 4, 2014. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.

Investors and analysts interested in participating in the call are invited to dial 877-681-3375 (international callers please dial 719-325-4869) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.fivebelow.com.

A taped replay of the conference call will be available within two hours of the conclusion of the call and can be accessed both online and by dialing 877-870-5176 (international callers please dial 858-384-5517). The pin number to access the telephone replay is 7391136. The replay will be available until June 11, 2014.

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 in a fun and differentiated store environment, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds: Style, Room, Sports, Tech, Crafts, Party, Candy, and Now. Five Below is headquartered in Philadelphia. For more information, visit www.fivebelow.com.

CONTACT: Investor Contact:

         ICR, Inc.

         Farah Soi

         203-682-8200

         farah.soi@icrinc.com

         

         Media Contact:

         ICR, Inc.

         Alecia Pulman/Jessica Liddell

         203-682-8200

         FivePR@icrinc.com