HKF Hancock Fabrics

Hancock Fabrics, Inc. (NYSE:HKF), today reported that sales in the five-week period ended April 1, 2006 totaled $36.5 million compared with $37.8 million for the same period of the prior year. Sales in comparable stores declined 3.1% in March. In the first two months of fiscal 2006, total sales were $66.1 million versus $69.2 million in the same period of fiscal 2005, and comparable store sales declined 5.1%, including a 1.2% benefit from stores that are being liquidated in connection with store closing sale events. Hancock Fabrics, Inc. - America's Fabric Store - is committed to serving creative enthusiasts with a complete selection of fashion and home decorating fabrics, sewing accessories, needlecraft supplies and sewing machines. The Company operates 442 retail stores in 43 states and an Internet store at www.hancockfabrics.com.