Express, Inc. (OTCPK:EXPR) (?Express? or the ?Company?) announced that it has received a non-binding letter of intent from a consortium led by WHP Global (?WHP?), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (?Simon?) and Brookfield Property Partners L.P. (?Brookfield?) for the potential sale of a substantial majority of the Company?s retail stores and operations. To facilitate the sale process, Express and its subsidiaries have filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware.