/C O R R E C T I O N -- PBS Real Estate/

NEW YORK, May. 16 /PRNewswire/ --

In the news release, Levi Strauss & Co. Appoints PBS Real Estate for U.S. Store Expansion, issued earlier today by PBS Real Estate over PR Newswire, we are advised by the company that the source of the press release should read "PBS Real Estate." Complete, corrected release follows:

Levi Strauss & Co. Appoints PBS Real Estate for U.S. Store Expansion

NEW YORK, May 16 /PRNewswire/ -- PBS Real Estate today announced that Levi Strauss & Co. (LS&CO) has appointed New York-based PBS Real Estate Advisors for its domestic store expansion program. The team will be led by Laura Pomerantz, an experienced retail advisor and principal of PBS, who will work with Levi Strauss management in identifying and securing prime street sites in major U.S. cities, as well as key locations in heavily trafficked shopping malls, to support Levi's multi-year retail expansion plan.

"We are pleased to have Laura and the PBS team on board as we continue to roll out our domestic footprint. Their expertise and strong network of relationships will greatly benefit our program," stated Mark Breitbard, President, Retail and E-Commerce Levi Strauss & Co.

Levi Strauss began an expansion of its owned and operated stores in the United States three years ago. Currently, there are 48 owned and operated stores open in the U.S. that feature the Company's most innovative product as well as classic 501 jeans. This week, Levi Strauss opened a 6,500 square foot store in Times Square, the fourth Manhattan location for the Company.

"We look forward to working with Mark and his talented team in helping Levi's achieve their national retail expansion goals and add value to this iconic brand with its strong American heritage," commented Laura Pomerantz, Principal of PBS Real Estate.

About PBS Real Estate

PBS Real Estate is a New York-based commercial real estate firm specializing in representing high-end office and retail tenants in New York and throughout the major markets in the United States. Led by founding principals Laura Pomerantz, John Brod and Morton Schrader, PBS Real Estate (www.pbsrealestate.com) utilizes an extensive network of local and international industry relationships to provide its clients with customized market intelligence and senior level expertise and execution. PBS Real Estate is the exclusive New York City partner of ONCOR International/Realogy Corporation, which serves over 220 markets worldwide through its 44 independent commercial real estate partner brokerages.