PHILADELPHIA--(BUSINESS WIRE)--May 15, 2003--Urban Outfitters, Inc. (NASDAQ:URBN), Urban Outfitters, Inc., an innovative lifestyle merchandising company, will hold its quarterly conference call to discuss first quarter results on Thursday, May 15, 2003, at 11:00 a.m. Eastern Time (10 a.m. Central Time).

This call is being webcast by CCBN and can be accessed at CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

Urban Outfitters, Inc. is an innovative specialty retailer and wholesaler which offers a variety of lifestyle merchandise to highly defined customer niches through 54 Urban Retail stores in the United States, Canada, and Europe; an Urban catalog and web site; 40 Anthropologie Retail stores in the United States; an Anthropologie catalog and web site; and Free People, the Company's wholesale division, which sells its product to approximately 1,100 specialty stores, department stores and catalogs, as well as through one Free People store. The wholesale division sells its products under two labels: Free People and bdg.

CONTACT: Urban Outfitters, Inc. Stephen A. Feldman, 215/564-2313 SOURCE: Urban Outfitters, Inc.