Circuit City Stores Inc. was founded in 1949 as WARDS Company in Richmond, Virginia. Today it is the nations largest retailer of brand name consumer electronics and appliances and a leading retailer of computers and music software. In the mid-1970's, we introduced the concept of the electronics and appliance Superstore and our committment to low prices and high levels of customer service set the stage for explosive growth in the 1980's and 90's. In the early 1990's we introduced CarMax, a revolutionary concept in automotive retailing that is changing how cars are sold with friendly, no-haggle pricing a broad selection and high customer service. We continue to expand our Superstore and CarMax store base as we move towards the next century. Circuit City Group common stock is traded on the New York Stock Exchange (CC) as is CarMax Group Common Stock (KMX). See our annual report link below for further details on company plans and performance. Media releases pertaining solely to CarMax are available at the CarMax web site. Statements made herein were accurate at the date of publication but have not been updated since publication. Financial Reports: November 6, 1997 Circuit City Stores, Inc. Reports Record October Sales for the Circuit City Groups and the CarMax Group October 6, 1997 Circuit City Stores, Inc. Reports Record September Sales for the Circuit City Groups and the CarMax Group September 16, 1997 Circuit City Stores, Inc. Reports Second Quarter Results For The Circuit City Group And The CarMax Group September 15, 1997 Circuit City Stores, Inc. Announces Quarterly Dividend September 5, 1997 Circuit City Stores, Inc. Reports Record August And Second Quarter Sales For The Circuit City Group And The CarMax Group, Appoints New Board Member August 6, 1997 Circuit City Stores, Inc. Reports Record July Sales For The Circuit City Group and The CarMax Group, Announces Mannagement Changes. August 4, 1997 Circuit City Stores, Inc. To Hire Approximately 200 For Columbus Ohio Superstores July 7, 1997 Circuit City Store, Inc. Reports record June sales for the Circuit City Group and the CarMax Group. June 17, 1997 Circuit City Stores, Inc. Annual Report 1997 June 16, 1997 Circuit City Store, Inc. Releases First Quarter Results For the Circuit City Group and CarMax Group June 5, 1997 Circuit City Stores, Inc.Reports Record May and First Quarter Sales For The Circuit City Group and CarMax Group May 6, 1997 Circuit City Stores, Inc. Reports Record April Sales For the Circuit City Group and the CarMax Group, Announces Senior Management Promotions. April 4, 1997 Circuit City Releases Fiscal Year '97 Results! April 4, 1997 - First and Second Quarter Financial Statements for the Circuit City and CarMax Groups! Media Releases: October 14, 1997 Circuit City Stores To Offer Car Navigation Units From Philips October 8, 1997 Circuit City Stores, Inc. To Create 80 New Jobs At Company's First Store In Vermont October 8, 1997 Circuit City Stores, Inc. To Create 110 Jobs For Ft. Collins, Colorado Superstore September 22, 1997 Circuit City Stores, Inc. To Hire 80 For Frederick, Maryland Superstore September 8, 1997 Circuit City Stores, Inc. Announces Divx Partnership September 5, 1997 Circuit City Stores, Inc. To Hire Approximately 110 For Spokane, Washington Superstores September 5, 1997 Circuit City Stores, Inc. To Hire Approximately 65 For Green Bay, Wisconsin Superstore September 5, 1997 Circuit City Stores, Inc. To Hire Approximately 50 For Covington, Louisiana Superstore September 5, 1997 Circuit City Stores, Inc. To Hire Approximately 100 For Boise Superstore August 5, 1997 BlackHawk To Appear At Circuit City's Mansfield, Ohio Superstore August 4, 1997 Circuit City Stores, Inc. To Hire Approximately 200 For Columbus Ohio Superstores May 8, 1997 Circuit City Introduces Bazooka Subwoofer Speaker Systems April 11, 1997 Circuit City Joins IASCA - Agrees to Sponsor 5 Events! March 1, 1997 Hut Stricklin Visits Circuit City Stores Nationwide- meet Hut Stricklin, or stop by to see the Circuit City #8 Ford Thunderbird Winston Cup Stock Car!

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