• 12th Hastings Entertainment Superstore in Oklahoma, 24,794-square-foot unit located in the Town & Country Shopping Center, 200 North Air Depot;
• Customized inventory in multiple entertainment formats includes about 40,000 book titles, 20,000 music selections, 6,000 videotapes and video games, 800 DVD-format titles, 2,000 periodicals, 1,500 software titles, and 1,500 complementary products, such as clothing, greeting cards and stationery, for sale at discounted prices;
• Over 15,000 videotapes, video games and DVDs available for rent;
• Extensive children's product section, including free rentals on children's videos and regular Story Time;
• Financial commitment to literacy campaign in the local community;
• Employment about 45 to 50 associates, primarily from the Midwest City area;

Whether browsing for that special book, sampling the latest music in a broad genre offering, selecting a current periodical or simply searching for a rental video for a comfortable evening at home, Hastings has it all in one location. The company developed the entertainment superstore format in 1991 and has steadily and profitably built its store base since then to 130 superstores in 18 states with more than 2.7 million square feet of retail space under lease. The company anticipates opening another 47 stores by the end of fiscal 2000.

"We are deeply committed to our corporate mission of satisfying our guests' desires for personal entertainment and information through total customer satisfaction," said John H. Marmaduke, chairman and chief executive officer. "That concern is reflected in every store we open, regardless of the size of the community. We have designed our stores to be fun and informative gathering places for our customers to shop. Our stores offer such amenities as free gourmet coffee, comfortable chairs for reading, CD listening stations, video game preview stations, interactive information kiosks, telephones for free local calls, children's play areas and in-store promotional events."

Founded in 1968, Hastings is a leading multimedia entertainment retailer that combines the sale of books, music, software, periodicals and videotapes with the rental of videotapes and video games in a superstore format. The company currently operates 130 superstores, averaging 21,200 square feet, primarily in small to medium-sized markets in the Midwestern and Western United States.

Hastings recently announced plans to launch www.gohastings.com, its new e-commerce Internet Web site. Enabling customers to electronically access more than 10 million new and used entertainment products and unique, contemporary gifts and toys, the site will also feature exceptional product and pricing offers, including best selling books at up to 50% off list price and improved search capabilities. The enhanced Web site will be the successor to www.hastingsentertainment.com, one of the largest fully integrated multimedia entertainment e-commerce Internet Web sites offering a broad selection of entertainment products to the electronic global marketplace at prices equal to or less than other electronic retailers. General financial information about Hastings is available to investors and customers via the Internet at this site.