Michaels Stores, Inc. to Present at Bain Capital Annual Investor Conference
           

<p>IRVING, TX--(Marketwire - May 13, 2008) -  Michaels Stores, Inc. (the "Company") today
announced that on May 14, 2008, Brian Cornell, Chief Executive Officer,
will present at the Bain Capital Annual Investor Conference in New York. A
copy of Mr. Cornell's presentation will be made available on our corporate
web site at www.michaels.com under Investor Relations.
<p>
Additionally, the Company plans to release its first quarter earnings
results on Thursday, May 29, 2008, and will conduct a conference call at
4:00 p.m. CDT on that date, hosted by Mr. Cornell and Lisa Klinger, acting
Chief Financial Officer. Those who wish to participate in the call may do
so by dialing 973-935-8513, conference ID# 9430843.  Any interested party
will also have the opportunity to access the call via the Internet at
www.michaels.com.  To listen to the live call, please go to the web site at
least fifteen minutes prior to the call i
           

http://www.marketwire.com/mw/release.do?id=856062&sourceType=3