Charming Shoppes seeks directors' re-election

BENSALEM, Pa. Charming Shoppes said that it has sent a letter to its shareholders asking them to re-elect Dorrit Bern, chairman, president and ceo of Charming Shoppes, Alan Rosskamm and Jeannine Strandjord to the company's board of directors and to reject dissident nominees.

                                In the letter, Charming Shoppes noted that the dissident shareholder group known as The Charming Shoppes Full Value Committee have offered no new ideas to benefit the company and                                its shareholders and are only advocating a short-term financial reengineering scheme for Charming Shoppes, including sales of company assets and a diversion of cash flow necessary to run its business, all with the goal of a one-time share buyback.