That's a lot of Stock....BJ's CFO Sells 55,930 Shares of Stock

BJ's CFO Sells 55,930 Shares of Stock

BJ's Wholesale Club's Chief Financial Officer Frank D. Forward Sells 55,930 Shares of Stock

March 13, 2008: 11:59 AM EST

NEW YORK (Associated Press) - The chief financial officer of BJ's Wholesale Club Inc. exercised options for 50,00 shares of common stock and then sold 55,930 shares, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filed with the SEC, Frank D. Forward reported he exercised options for $15.01 apiece Tuesday and then sold the shares for $34.27 to $35 apiece the same day.

The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

BJ's Wholesale Club is a Natick, Mass.-based discount warehouse club.

BJ's Wholesale Club to Announce Fourth Quarter and Fiscal Year-End Results on March 5, 2008

NATICK, Mass., Feb 25, 2008 (BUSINESS WIRE) -- BJ's Wholesale Club, Inc. (NYSE:BJ) plans to announce financial results for the fourth quarter and fiscal year ended February 2, 2008 on March 5, 2008 at approximately 7:00 a.m. Eastern Time.

Also on March 5, 2008, BJ's management plans to hold a conference call at 8:30 a.m. Eastern Time to discuss the fourth quarter and fiscal year-end results and the outlook for 2008. The dial-in number for the conference call is 913-312-1474. There will be no dial-in replay.

To access a webcast of the conference call, visit www.bjsinvestor.com/medialist.cfm. An archive of the webcast will remain available for approximately 90 days.

BJ's introduced the wholesale club concept to New England in 1984, and has since expanded to become a leading warehouse chain in the eastern United States. The Company currently operates 177 BJ's Wholesale Clubs in 16 states. BJ's press releases and filings with the SEC are available on the Internet at www.bjsinvestor.com.

SOURCE: BJ's Wholesale Club, Inc.

BJ's Wholesale Club, Inc.
Cathy Maloney, 508-651-6650
Vice President, Investor Relations
cmaloney@bjs.com

Copyright Business Wire 2008

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