NEWS RELEASE


                       ONE PRICE CLOTHING STORES INCREASES
                    REVOLVING CREDIT FACILITY TO $40 MILLION;
                         EXTENDS TERM THROUGH JULY 2005

     Duncan,  SC, September 26, 2002 - One Price Clothing Stores,  Inc. (Nasdaq:
ONPR) today  reported that it has  increased  the size of its  revolving  credit
facility to $40 million and extended its term through July 31, 2005. The amended
facility is provided by Congress Financial Corporation (Southern),  an affiliate
of Wachovia Corporation.

     Leonard M. Snyder,  Chairman & Chief Executive Officer,  commented:  "Since
1996,  Congress  Financial  has helped to support  One Price's  working  capital
needs.  We  are  very  pleased  to  extend  this  valuable  relationship  for an
additional  two years and to increase  the size of facility  which will  provide
greater flexibility for our business."

     One  Price  Clothing  Stores,  Inc.  operates  a  national  chain of retail
specialty stores offering first quality,  in-season  apparel and accessories for
the entire family at the best price everyday. The Company currently operates 618
stores in 30 states,  the District of Columbia,  Puerto Rico and the U.S. Virgin
Islands under the One Price & More! and BestPrice! Fashions brands.


Private Securities Litigation Reform Act of 1995 -- All statements contained in
this press release as to future expectations and financial results including,
but not limited to, statements containing the words "believes," "anticipates,"
"expects," "projects," "should," "will" and similar expressions, should be
considered forward-looking statements subject to the safe harbor created by the
Private Securities Litigation Reform Act of 1995. The statements may address
items such as future sales, earnings expectations, planned store openings,
closings and expansions, future comparable store sales, future product sourcing
plans, inventory levels, planned capital expenditures and future cash needs. In
addition, the Company may issue press releases and other written communications,
and representatives of the Company may make oral statements which contain
forward-looking information. This press release may contain such statements and
there are a number of important factors that could cause the Company's actual
results in fiscal 2002 and beyond to differ materially from those expressed in
such forward-looking statements. These factors include, but are not limited to,
general economic conditions; fluctuations in interest rates and other economic
factors; consumer preferences; weather patterns; competitive factors; pricing
and promotional activities of competitors; the impact of excess retail capacity
and the availability of desirable store locations on suitable terms; the
availability, selection and purchasing of attractive merchandise on favorable
terms; credit availability, including adequate levels of credit support provided
to certain of the Company's vendors by factors and insurance companies; access
to additional debt or equity financing; the effect of litigation resulting from
the Company's operations; import risks, including potential disruptions and
duties, tariffs and quotas on imported merchandise; regulatory matters,
including legislation affecting wage rates; and other factors described in the
Company's filings with the Securities and Exchange Commission from time to time.
The Company does not undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that any projected
results expressed or implied therein will not be realized.

CONTACTS:
H. Dane Reynolds,  Senior Vice President & Chief Financial Officer,
phone:  864-486-6489 or e-mail:  dreynolds@oneprice.com
                                 ----------------------
or C. Burt Duren, Vice President-Finance & Treasurer, phone: 864-486-6222
or e-mail: bduren@oneprice.com, both of One Price Clothing Stores, Inc.
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