Exhibit 1
Joint Filing Agreement
(Pursuant to Rule 13d-1(f)(s))
August 20, 1998
The ▇▇▇▇▇▇ Company, a California corporation, El Corte
Ingles, S.A., a Spanish corporation, ▇▇▇▇▇▇ ▇▇▇▇ and
▇▇▇▇ hereby agree that a Securities and Exchange
Commission ("SEC") Schedule 13D dated August 28, 1998,
and relating to the common stock, $0.01 par value, of
Gottschalks Inc., a Delaware corporation (the
"Issuer"), shall be jointly filed on behalf of each of
them with the SEC, the New York Stock Exchange, the
Pacific Stock Exchange and the Issuer.
THE ▇▇▇▇▇▇ COMPANY
THE ▇▇▇▇▇▇ COMPANY, a California corporation
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title Secretary
EL CORTE INGLES, S.A., a Spanish corporation
By: /s/ [▇▇▇▇▇ ▇▇▇▇]
Title [International Division Director]
/s/ ▇▇▇▇▇▇ ▇▇▇▇
/s/ ▇▇▇▇ ▇▇▇▇
