For the first 11 months of fiscal 2003, sales increased 0.2% to $410.3 million from $409.5 million in the year-earlier period. Comparable store sales for the first 11 months of fiscal 2003 decreased 2.6%. Comparable book sales in the Company¡¦s core book business decreased 0.7% during the period.

Books-A-Million will no longer issue quarterly or annual sales and earnings per share guidance. The final results for the year ending February 1, 2003, will be released as scheduled in mid-March.

Books-A-Million is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates 209 stores in 18 states and the District of Columbia. The Company operates four distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., traditional bookstores and combination book and greeting card stores, both operating under the name Bookland, and Joe Muggs Newsstands. The Company¡¦s wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama. NetCentral, Inc., an Internet development and service Company is located in Nashville, Tennessee.