Company Profile For Circuit City Stores, Inc.

Circuit City Stores, Inc. is a specialty retailer of consumer electronics, home office products, entertainment software and related services. The Company has two segments: domestic and international. The domestic segment is engaged in the business of selling brand name consumer electronics, personal computers (PCs), entertainment software and related services in its stores in the United States and via the Web at www.circuitcity.com and www.firedog.com. As of May 31, 2008, the Company’s domestic segment operated 687 Superstores and nine outlet stores in 158 United States media markets. The international segment, which comprises the operations of InterTAN, Inc., is engaged in the business of selling private-label and brand-name consumer electronics products in Canada. As of May 31, 2008, the international segment conducted business through 775 retail stores and dealer outlets, which consisted of 502 Company-owned stores and 273 dealer outlets.

BRIEF: For the six months ended 31 August 2008, Circuit City Stores, Inc.'s revenues decreased 9% to $4.69B. Net loss from continuing operations totaled $404M, up from $117.9M. Revenues reflect lower turnover due to decreased Domestic segment sales as a result of fall Audio & Video sales. Higher loss also reflects a rise in depressed gross margins, the presence of asset impairment charges and an increase in interest income.