NOTICE OF PROPOSED CLASS ACTION SETTLEMENT

Barney’s, Inc. (Charles Milo v. Barney’s, Inc.)

The purpose of this Notice is to inform you that there has been a proposed Settlement of claims asserted in this action with respect to disclosures on credit card applications for Barneys New York credit cards made available at Barneys New York warehouse sales. This Notice summarizes the Settlement and your rights under it.

The Settlement resolves all claims asserted in the lawsuit, including all claims relating to the failure to make required disclosures on credit card applications for Barneys credit cards made available at Barneys warehouse sales during the class period.

The Settlement covers a Plaintiff Settlement Class, which includes all persons who (a) opened a Barneys New York credit card account and used that account after being provided with an application in the form of Exhibit A to the Amended Complaint between April 13, 2009 and April 13, 2010 and (b) do not timely exclude themselves from the Plaintiff Settlement Class.

A copy of the notice can be seen here. To view the form, you will need Adobe Acrobat Reader, which is available for free at www.adobe.com.

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