ROSS STORES, INC. — Director's Dealing 2011

May 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROSS STORES INC (ROST)
CIK: 0000745732
Period of Report: 2011-05-23

Reporting Person: FERBER NORMAN A (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-23	Common Stock	M	9029	$27.69	Acquired	12759	Direct
2011-05-23	Common Stock	S	9029	$80.4523	Disposed	3730	Direct
2011-05-23	Common Stock	M	8000	$24.54	Acquired	11730	Direct
2011-05-23	Common Stock	S	8000	$80.4523	Disposed	3730	Direct
2011-05-23	Common Stock	S	1249	$80.4523	Disposed	2481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-23	Non-Qualified Stock Option (right to buy)	$24.54	M	8000	Disposed	2014-05-20	Common Stock (8000)	Direct
2011-05-23	Non-Qualified Stock Option (right to buy)	$27.69	M	9029	Disposed	2015-05-19	Common Stock (9029)	Direct

Footnotes

F1: Grant to reporting person of an option which begins vesting six months from grant date ('Initial Vest Date'). On Initial Vest Date, grant vests and becomes exercisable as to 1/6 of shares granted and then vests and becomes exercisable as to 1/36 of shares granted per month thereafter.