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To: William T. Katz who wrote (1511)	5/7/1998 11:56:00 AM
From: Don Dorsey	Read Replies (1) \| Respond to of 1673

Musicland's Comp Sales Up 11.6% PR Newswire - May 07, 1998 05:00 MLG %REA %ENT %SLS V%PRN P%PRN ------------------------------------------------------------------------ Jump to first matched term DVD Exceeds 10.0% Of Video Sales MINNEAPOLIS, May 7 /PRNewswire/ -- Musicland Stores Corporation (NYSE: MLG) today said companywide comparable-store sales rose 11.6 percent for the four weeks ended May 2, 1998. The Mall Stores Division (Sam Goody/Musicland and Suncoast Motion Picture Company) posted a comparable-store sales increase of 12.8 percent; comparable-store sales for the Superstores Division (Media Play and On Cue) rose 9.2 percent. Gilbert L. Wachsman, vice chairman, said, "Sales were good in April with music, movies, apparel and accessories all showing healthy gains and with DVD reaching more than 10 percent of video sales. In addition, the shift of Easter from March into April contributed to the gain." The company's total sales for the four-week period increased 9.4 percent to $111.5 million compared to $101.9 million for the four-week period ended May 3, 1997. Total sales for the Mall Stores Division in April increased 9.9 percent to $72.9 million versus $66.4 million last April. In April total sales for the Superstores Division increased 9.0 percent to $37.8 million compared to $34.6 million last April. For the 17 weeks ended May 2, 1998, Musicland's comparable-store sales increased 9.9 percent; total sales increased 6.6 percent to $505.2 million from $474.1 million in the same period last year. Based in Minneapolis, Musicland Stores Corporation is the leading specialty retailer of home-entertainment software products in the United States. As of March 31, 1998, the company operated 1,350 retail stores in 49 states, Puerto Rico, the Virgin Islands and the United Kingdom under the names Sam Goody/Musicland, Suncoast Motion Picture Company, Media Play and On Cue. Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changing economic or business conditions, the impact of competition, the availability of favorable credit and trade terms, the success of new music and video releases, other risk factors inherent in the entertainment industry and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. To obtain a facsimile copy of Musicland Stores Corporation press releases, at no cost to you, call 800-758-5804, extension 585763. You may access Musicland's press release information on the Internet at prnewswire.com SOURCE Musicland Stores Corporation