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True Religion says review by Special Committee is continuing

In October, 2012, True Religion announced that its board has formed a Special Committee comprised of its non-management directors to explore and evaluate potential strategic alternatives available to the company. True Religion said today, "The review by the Special Committee is continuing. No decision has been made to engage in a transaction or transactions, and there can be no assurance that any transaction or any other strategic alternative will occur or, if undertaken, the terms or timing thereof. "