Marcy Syms, CEO of SYMS Corp. to be Awarded Rudin Medal

Syms Honored by Coro New York Leadership Center on May 21st

NEW YORK, May 14 /PRNewswire-FirstCall/ — Marcy Syms, CEO of SYMS Corp. (Nasdaq: SYMS) will be awarded the Lewis Rudin Medal for Civic Leadership on May 21, 2008 at the Coro New York Leadership Center’s Annual Gala Dinner.

The Rudin Medal is bestowed upon New Yorkers who have made outstanding contributions to civic life in the five boroughs — who have focused on tackling some of the city’s and nation’s most significant challenges, demonstrating innovative and collaborative approaches to problem solving.

“Marcy Syms epitomizes the spirit of the Rudin Medal,” says Jonathan Plutzik, Board Chairman of the Coro New York Leadership Center. “She has been one of New York’s most dynamic leaders in both the private and public sectors for many years, to the benefit of countless New York students, patients, citizens — and educated consumers! We are delighted to be able to award her with this honor.”

“In running a business dedicated to surviving and thriving in good times and bad with the highest integrity, I have learned how to put the welfare of our customers first in every instance,” says Ms. Syms. “Sometimes that means having the courage to stand up for what you have built, and what you believe in.

“My family and I are committed to encouraging entrepreneurship, honor, excellence and leadership in students across the area. I am deeply moved to receive this honor from Coro, an organization I hold in such high regard.”

Ms. Syms’ fellow honorees are Carla A. Harris, Managing Director of Morgan Stanley; Bill T. Jones, Co-Founder and Artistic Director of the Bill T. Jones/Arnie Zane Dance Company; and Danny Meyer, President of the Union Square Hospitality Group.

One of the youngest women ever named president of a publicly-traded company, Ms. Syms has stewarded SYMS Corp. since 1983. Founded in 1958 by her father Sy Syms, the leading “off-price” retailer sells designer clothing at close to wholesale prices in 33 stores nationwide. SYMS Corp.’s mantra, “An Educated Consumer Is Our Best Customer(R),” has informed the business’ strategy since inception.

Ms. Syms is a member of the World Presidents’ Organization, the Committee of 200 and the International Women’s Forum. She is a founding member of the Sy Syms School of Business at Yeshiva University. She is also on the board of The New York Chapter of the American Heart Association, The Economic Club of New York, the Board of Overseers at Boston University, and is a member of the New Jersey Governor’s Economic Growth Council. She is the past chair of the Small Business and Agricultural Advisory Council of the Federal Reserve Bank of New York.

Past recipients of the Rudin Medal include Wynton Marsalis, James. D. Wolfensohn, John Whitehead, Elizabeth Barlow Rogers, and the late Senator Patrick Moynihan.

For more information, or to speak with Marcy Syms, please contact Davia Temin or Megan Creydt of Temin and Company at 212-588-8788 or news@teminandco.com.

To attend the Gala Dinner, or to learn more about the Coro New York Leadership Center, please contact Joy Shigaki at 212-248-2935 x309 or jshigaki@coronewyork.org.

About SYMS Corp.

SYMS Corp. operates a chain of 33 “off-price” apparel stores located throughout Northeastern and Middle Atlantic regions and in the Midwest, Southeast and Southwest. Each Syms store offers a broad range of first-quality, in-season merchandise bearing nationally recognized designer and brand-name labels.

About Coro New York Leadership Center

The Coro New York Leadership Center was founded over 25 years ago with a singular goal — to train a new generation of dedicated and committed civic leaders who can instill confidence in our democratic institutions and advance innovative approaches to addressing New York City’s complex challenges.

SOURCE SYMS Corp.

CONTACT: Davia Temin or Megan Creydt of Temin and Company, +1-212-588-8788,news@teminandco.com, for SYMS Corp.; or Joy Shigaki, +1-212-248-2935 x309,jshigaki@coronewyork.org -0- May/14/2008 14:00 GMT

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