Releases, Backgrounders and Statements

Target Coupon Fraudulently Tampered with and Transferred

Target no longer is able to accept the coupon

MINNEAPOLIS (July 2, 2008) – Unfortunately, due to fraudulent tampering and transferring, Target no longer is accepting coupon offers for $5 off a $25 or more toy or general merchandise purchase at Target. The coupons state they are valid through October 1, 2008.

Target sent the original coupons for $5 off a $25 or more toy purchase via e-mail to approximately 85,000 guests during the months of February and March. The altered coupon had an image and the word "toy" removed to make it appear to apply to any purchase.

Kathee Tesija, executive vice president, merchandising, Target, said, "Our goal is to always surprise and delight our guests with great values, and we are disappointed that some of our guests may be inconvenienced by our need to respond to this fraudulent tampering and transferring."

Guests who originally received the coupon will be notified via e-mail that the coupon no longer is being accepted, and they also will receive a $5 Target GiftCard by mail. In addition, Target stores are posting signs at all check-out lanes alerting guests that these coupons are no longer valid.

About Target

Minneapolis-based Target serves guests at 1,613 stores in 47 states nationwide by delivering today’s best retail trends at affordable prices. Target is committed to providing guests with great design through innovative products,in-store experiences and community partnerships. Whether visiting a Target store or shopping online at Target.com, guests enjoy a fun and convenient shopping experience with access to thousands of unique and highly differentiated items. Since 1946, the corporation has invested five percent of itsincomein the communities it serves. Target (NYSE:TGT) gives more than $3 million a week to its local communities through grants and special programs. Target partners with nonprofit organizations, guests and team members to help meet community needs.