EX-99.1 NOTICE OF INTENTION TO EXTEND REVOLVING CR

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                                                                         EX-99.1

                                          BANK OF TOKYO-MITSUBISHI TRUST COMPANY

                                          Member FDIC

[BANK OF TOKYO-MITSUBISHI LOGO]            1251 Avenue of the Americas

                                          New York, NY 10020-1104

                                          Phone: 212-762-4000

                                       January 26, 2005

Talbots, Inc.

175 Beal Street

Hingham, MA 02043

Attention: Mr. Edward L. Larsen

Re:   Notice of Intention to Extend Revolving Credit Period

Dear Sir:

     We refer to (a) that certain Revolving Credit Agreement dated as of

January 25, 1994 (as amended, supplemented, or otherwise modified from time to

time, the "Agreement"), between TALBOTS, INC. (the "Company") and Bank of

Tokyo-Mitsubishi Trust Company (f/n/a Th