Jeffrey Lubell, Chief Executive Officer of True Religion Apparel, Inc.,
Rings The NASDAQ Stock Market Opening Bell

Thursday, May 4, 2006
at NASDAQ's MarketSite
in New York City.

True Religion Apparel, Inc.

Jeffrey Lubell, Chief Executive Officer of True Religion Apparel, Inc. (Nasdaq: TRLG) presides over the opening bell.

True Religion Brand Jeans was established in December of 2002 to take denim in a refreshing new direction. The Los Angeles based premium denim company has become known for its intense attention to detail: from the fashion-forward seams, to the remarkable embroidery and innovative hand- sanded vintage washes, True Religion Brand Jeans has distinguished itself as a leader in the high-end denim market for men, women and kids. The line also includes a myriad of colored corduroy pants, skirts, shirts, shorts, jackets, blazers, hoodies, T-shirts and everything in between.

Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 5/4/2006 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Jeffrey Lubell, Chief Executive Officer of True Religion Apparel, rings the Opening Bell These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.