lululemon athletica inc. Announces Second Quarter Earnings Conference call

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lululemon athletica is a yoga-inspired athletic apparel company thatcreates components for people to live longer, healthier and more fun lives.Setting the bar in technical fabrics and functional designs, lululemon workswith yogis and athletes in local communities for continuous research andproduct feedback. Founded in Vancouver, British Columbia in 1998, lululemonathletica is extending into new communities across North America andthroughout the world. For further information, please visit www.lululemon.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACTOF 1995:

Certain statements herein are "forward-looking statements" made pursuantto the safe harbor provisions of the Private Securities Litigation Reform Actof 1995. Such forward-looking statements reflect the Company's currentexpectations, beliefs, projections, future plans and strategies, anticipatedevents or trends and similar expressions concerning matters that are nothistorical facts, such as statements regarding our future financial conditionor results of operations, our prospects and strategies for future growth, thedevelopment and introduction of new products, and the implementation of ourmarketing and branding strategies. In many cases, you can identifyforward-looking statements by terms such as "may," "will," "should,""expects," "plans," "anticipates," "believes," "intends," "estimates,""predicts," "potential" or the negative of these terms or other comparableterminology. These forward-looking statements are based on management'scurrent expectations but they involve a number of risks and uncertainties.Actual results and the timing of events could differ materially from thoseanticipated in the forward-looking statements as a result of risks anduncertainties, which include, without limitation, those described in thecompany's in our recently filed Registration Statement on Form S-1 (file no.333-142477) with the Securities and Exchange Commission and available at. The forward-looking statements contained in this Press Releasereflect our views and assumptions only as of the date of this Press Release.We undertake no obligation to update any forward-looking statement to reflectevents or circumstances after the date on which the statement is made or toreflect the occurrence of unanticipated events.

For further information

Company: lululemon athletica inc. John CurrieChief Financial Officer 604-732-6124 or Investor: ICR, Inc. Joseph Teklits