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Analyst Coverage

Firm Analyst Phone E-Mail Bank of America Merrill Lynch Lorraine Hutchinson Lorraine Hutchinson (212) 449-7622 lorraine_Maikis@ML.com BMO Capital Markets (Bank of Monteal) John D. Morris (212) 885-4016 john.morris@bmo.com Brean Murray Eric Beder (212) 702-6619 ebedere@bmur.com CLSA/Credit Agricole Securities (USA) Barbara Wyckoff 212 261 3852 Collins Stewart LLC Laura Champine, CFA (212) 389-8056 LChampine@collinsstewartllc.com Daiwa Securities Kahori Tamada (212) 612-6120 kahori.tamada@daiwausa.com FBR Capital Markets & Co. Anna Andreeva (212) 457-3328 aandreeva@fbr.com ISI Group Omar Saad   Janney Capital Markets Adrienne  Tennant (703) 448-7807 atennant@janney.com Jefferies & Co. Randal Konik (212) 708-2719 rkonik@jefferies.com Jennifer Black & Associates, LLC Jennifer Black   jennifer@jenniferblackassociates.com JJK Research Janet Kloppenburg (914) 722-1047 janet@jjkr.com JP Morgan Brian Tunick (212) 622-6449 brian.tunick@jpmorgan.com KeyBanc Capital Markets Edward Yruma (917) 368-2394 eyruma@keybanccm.com Macquarie Capital Liz Dunn (212) 231-8066 liz.dunn@macquarie.com Morgan Stanley Kimberly  Greenberger (212) 761-6284 kimberly.greenberger@morganstanley.com Nomura Securities Paul Lejuez (212) 667- 9924 paul.lejuez@nomura.com Piper Jaffray & Co. Neely Tamminga (612) 303-1537 neely.j.tamminga@pjc.com RBC Capital Howard Tubin (212) 428-6520 howard.tubin@rbccm.com Robert W. Baird & Co. Erika K. Maschmeyer (312) 609-5471 emaschmeyer@rwbaird.com Roth Capital Elizabeth Pierce (949) 720-7130 lpierce@roth.com Shapiro Partners Marni Shapiro (917) 796-0618 marni@trileapartners.com Standard & Poors Marie Driscoll (212) 438-1752 marie_driscoll@standardandpoors.com Sterne Agee & Leach Margaret Whitfield (973) 722-5629 mwhitfield@sternagee.com Stifel Nicolaus Richard Jaffe (212) 956-5011 rejaffe@stifel.com SunTrust Robinson Humphrey Robin Murchison (615) 748-5683 robin_murchison@rhco.com Telsey Advisory Group Dana Telsey (212) 973-9700 dtelsey@telseygroup.com UBS Investment Research Roxanne Meyer (212) 713-8602 Roxanne.meyer@ubs.com Wall Street Strategies, Inc. Brian S. Sozzi (212) 622-7557 brian.sozzi@wstreet.com Wedbush Morgan Securities Betty Chen (213) 688-4524 betty.chen@wedbush.com Wells Fargo Securities, LLC Evren  Dogan Kopelman, CFA (212) 214-8024 evren.kopelman@wellsfargo.com William Blair & Co. Sharon Zackfia (312) 364-5386 SZackfia@williamblair.com

Urban Outfitters, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Urban Outfitters, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Urban Outfitters, Inc. or its management. Urban Outfitters, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.