EXHIBIT 99

                 ABERCROMBIE & FITCH CO. DOES NOT ENDORSE BELOW
               MARKET MINI-TENDER OFFER BY TRC CAPITAL CORPORATION


NEW ALBANY, Ohio, September 17, 2004/PR Newswire -- Abercrombie & Fitch Co.
(NYSE:ANF) announced today that it has been notified of an unsolicited
"mini-tender" offer by TRC Capital Corporation ("TRC Capital"), a private
Canadian investment company. TRC Capital has provided Abercrombie & Fitch with a
copy of the Offer to Purchase documents, dated September 8, 2004, pursuant to
which TRC Capital has offered to purchase for cash up to 2,500,000 outstanding
shares of Class A Common Stock of Abercrombie & Fitch. The offer price of $30.00
net per share represents a 5.4% discount to the $31.71 closing price for
Abercrombie & Fitch Class A Common Stock on the New York Stock Exchange on
September 7, 2004, the day before the date of the Offer to Purchase documents
and 10.2% below yesterday's $33.40 per share closing price.

Abercrombie & Fitch does not recommend or endorse this offer, and Abercrombie &
Fitch is not affiliated in any way with TRC Capital, the offer or the Offer to
Purchase documents.

The Securities and Exchange Commission ("SEC") has issued "Investor Tips"
regarding mini-tender offers, noting that, "Some bidders make mini-tender offers
at below-market prices, hoping that they will catch investors off guard if the
investors do not compare the offer price to the current market price" and that
"mini-tender offers typically do not provide the same disclosure and procedural
protections that larger, traditional tender offers provide." The SEC's Investor
Tips regarding mini-tender offers may be found on the SEC's website, at
http://www.sec.gov/investor/pubs/minitend.htm.

Abercrombie & Fitch urges investors to obtain current market quotations for
their shares of Class A Common Stock, consult with their broker or financial
advisor and exercise caution with respect to TRC Capital's offer.

Stockholders are advised that TRC Capital's offer is subject to numerous
conditions, including there being no decrease in the market price of Abercrombie
& Fitch Class A Common Stock and the availability of financing for the purchase
on terms satisfactory to TRC Capital. TRC Capital has also reserved the right,
in its reasonable discretion, to extend the period of time during which the
offer remains open, thereby possibly delaying payment for shares of Abercrombie
& Fitch Class A Common Stock tendered in the offer, or to amend its offer in any
other respect.

Abercrombie & Fitch understands that TRC Capital has made many such mini-tender
offers in the past. Mini-tender offers are third-party offers which seek to
acquire less than five percent of a company's outstanding shares and thereby
avoid many procedural protections and disclosure and dissemination requirements
of the SEC that apply to offers for more than five percent of a company's
outstanding shares. The TRC Capital offer for 2,500,000 shares of Class A Common
Stock represents an offer for less than 5% of the total outstanding Abercrombie
& Fitch Class A Common Stock.




Abercrombie & Fitch stockholders who have already tendered shares in the offer
are advised that they may withdraw their shares as described in TRC Capital's
Offer to Purchase documents prior to the expiration of the offer, which is
currently scheduled for 12:01 a.m., New York City time, on Thursday, October 7,
2004.

Abercrombie & Fitch draws the attention of broker-dealers and other market
participants in the dissemination of the offer to the SEC's recommendations to
broker-dealers in these circumstances, which can be found on the SEC's website,
at http://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm and to
Information Memo Number 01-27 issued by the New York Stock Exchange ("NYSE") on
September 28, 2001 regarding the dissemination of mini-tender offer materials,
which can be found under the "Members & Institutions -- Information Memos" tab
on NYSE's website, at http://www.nyse.com/. Abercrombie & Fitch requests that a
copy of this press release be included with all distributions of materials
relating to TRC Capital's "mini-tender" offer.

Abercrombie & Fitch operated a total of 735 stores at the end of August,
including 173 abercrombie stores and 202 Hollister Co. stores. The Company
operates e-commerce websites at www.abercrombie.com, www.abercrombiekids.com,
and www.hollisterco.com.

                                    # # # # #

For further information, call:  Thomas D. Lennox
                                Director, Investor Relations and Corporate
                                Communications
                                (614) 283-6751

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

A&F cautions that any forward-looking statements (as such term is defined in the
Private Securities Litigation Reform Act of 1995) contained in this release, the
Company's Form 10-K or made by management of A&F involve risks and uncertainties
and are subject to change based on various important factors, many of which may
be beyond the Company's control. Words such as "estimate," "project," "plan,"
"believe," "expect," "anticipate," "intend," and similar expressions may
identify forward-looking statements. The following factors, in addition to those
included in the disclosure under the heading "RISK FACTORS" in "ITEM 1.
BUSINESS" of A&F's Annual Report on Form 10-K for the fiscal year ended January
31, 2004, in some cases have affected and in the future could affect the
Company's financial performance and could cause actual results for the 2004
fiscal year and beyond to differ materially from those expressed or implied in
any of the forward-looking statements included in this release or otherwise made
by management: changes in consumer spending patterns and consumer preferences;
the effects of political and economic events and conditions domestically and in
foreign jurisdictions in which the Company operates, including, but not limited
to, acts of terrorism or war; the impact of competition and pricing; changes in
weather patterns; postal rate increases and changes; paper and printing costs;
market price of key raw materials; ability to source product from its global
supplier base; political stability; currency and exchange risks and changes in
existing or potential duties, tariffs or quotas; availability of suitable store
locations at appropriate terms; ability to develop new merchandise; and ability
to hire, train and retain associates. Future economic and industry trends that
could potentially impact revenue and profitability are difficult to predict.
Therefore, there can be no assurance that the forward-looking statements
included in this release will prove to be accurate. In light of the significant
uncertainties in the forward-looking statements included herein, the inclusion
of such information should not be regarded as a representation by the Company,
or any other person, that the objectives of the Company will be achieved. The
forward-looking statements herein are based on information presently available
to the management of the Company. Except as may be required by applicable law,
the Company assumes no obligation to publicly update or revise its
forward-looking statements even if experience or future changes make it clear
that any projected results expressed or implied therein will not be realized.