Press Release

BJ's Wholesale Club Launches Online Store with 41.21 ct. t.w. $250,000 Diamond Necklace

BJ's First E-Commerce Site Provides Consumers Nationwide with Access to BJ's Legendary Values Just In Time for the Holidays

December 5, 2006 8:15 AM EST

NATICK, Mass., December 5, 2006 -- Where can a stunning, 41 ct. t.w. diamond necklace and the words "great value" co-exist? The answer is only at BJs.com, where online shopping is available for the first time and where a one-of a-kind diamond necklace featuring 68 exquisite diamonds is offered for only $249,999.99. BJ's Wholesale Club's first online store sparkles with the incredible values, premium merchandise and special offerings that loyal BJ's Members enjoy every day at their local Club.

From brand-name MP3 players to high-definition plasma TVs, diamonds to blenders and much more, BJs.com has great prices for time-pressed holiday shoppers. The cyber doors at BJs.com have opened with general merchandise categories that BJ's Members said they want to purchase online -- computers, electronics, entertainment, home, jewelry and gifts -- including new and different items that are not available in BJ's Clubs. And the site is growing fast, with entirely new categories, products and big surprises coming online all the time.

"We are proud to be delivering an online shopping solution that clearly complements our in-Club shopping experience and enhances the value of BJ's Membership," said Chairman and Chief Executive Officer of BJ's Wholesale Club, Inc. Herb Zarkin. "Through the launch of BJs.com, consumers across the country can now take advantage of the exceptional BJ's prices and values previously only available to BJ's Members located on the East Coast."

BJs.com provides a simple, convenient, 24/7 shopping experience with many of the features that loyal BJ's Club Members know and love. Purchases can be charged to MasterCard(R), American Express(R), Discover(R) Network and Visa(R) credit cards. All BJ's Wholesale Club Members can shop at BJs.com. For a limited time only, non-members can shop the site without having to pay a surcharge, with full access to the site's offerings and membership prices.

"Holiday shoppers who log on to check out that exquisite diamond necklace are in for a pleasant surprise," says Assistant Vice President of E-Commerce for BJ's Wholesale Club Jennifer Avey. "Our online store offers an excellent selection of amazingly priced jewelry and other holiday gift items for shoppers on virtually any budget."

Avey says the inaugural 41.21 ct. t.w. diamond necklace is just the first hint at the one-of-a-kind surprises to come. "Visit us regularly because we plan to have more unique and exciting items in the future."

About BJ's Wholesale Club

Headquartered in Natick, Massachusetts, BJ's Wholesale Club, Inc. is a leading operator of warehouse clubs in the eastern United States. In addition to BJs.com, the Company currently operates 169 Clubs and 94 gas stations in 16 states. For more information about BJ's, visit BJs.com.

CONTACT: Teleia Farrell of BJ's Wholesale Club, +1-508-651-8661,
tfarrell@bjs.com; or Rob Bratskeir of Middleberg Communications, for BJ's
Wholesale Club, +1-646-498-0049, rob@middlebergcommunications.com