The Company does not intend to disclose developments with
respect to the exploration of strategic alternatives unless and until the
Board of Directors has approved a specific transaction. Levy Circulating Co.

About Source Interlink
Source Interlink Companies is a premier marketing, merchandising and
fulfillment company of entertainment products including DVDs, music CDs,
magazines, books and related items.

Private Securities Litigation Reform Act of 1995, including statements
relating to, among other things, future business plans, strategies and
financial position, working capital and capital expenditure needs, growth
opportunities, and any statements of belief and any statements of assumptions
underlying any of the foregoing.

manne southwood

Signals Revolution in Industry Model for Magazine Distribution to Retail
Stores

BONITA SPRINGS, Fla. In total, the combined company will
provide magazine distribution services to approximately 16,500 stores.S.

tcb wamaco

Leslie Flegel , chairman and chief executive officer of Source Interlink,
said, "The Levy transactions provide Source three important benefits:

* critical mass in magazine distribution to mainstream retailers;
* entry to the mass market book distribution business without having to
put in the time or take on the expense required of a start-up; and
* a 2,500 person in-store field force to serve the entire company's
merchandising needs.

checkouts benedicts

to act as its exclusive financial advisor in its
previously announced process of evaluating strategic alternatives to enhance
stockholder value, including but not limited to, a recapitalization, strategic
acquisitions, and the combination , sale or merger of the Company with another
entity. distributes magazines from all
leading publishers to more than 9,000 stores operated by many of the largest
retail chains throughout the United States .

shopfitting recom

pegboard checkouts

wamaco geck

Source is committed to revolutionizing the magazine distribution model. Source Interlink does not intend to, and disclaims any
duty or obligation to, update or revise any forward looking statements or
industry information set forth in this press release to reflect new
information , future events or otherwise.

manne signholders

The company's fully integrated businesses
include:

* Distribution and fulfillment of entertainment products to major retail
chains throughout North America and direct-to-consumers via the
Internet
* Import and export of periodicals sold in more than 60 countries
worldwide
* Coordination of product selection and placement for impulse items sold
at checkout counters
* Processing and collection of rebate claims as well as management of
sales data obtained at the point-of-purchase
* Design , manufacture and installation of wire fixtures and custom wood
displays in major retail chains

Source Interlink serves approximately 110,000 retail store locations
throughout North America. For more information, please visit the
company's website at http://www.

checkouts slatwall

The Company's fully integrated businesses
include:

* Distribution and fulfillment of entertainment products to major retail
chains throughout North America and directly to consumers of
entertainment products ordered through the Internet

* Import and export of periodicals sold in more than 100 markets worldwide

* Coordination of product selection and placement of impulse items sold at
checkout counters

* Processing and collection of rebate claims as well as management of
sales data obtained at the point-of-purchase

* Design, manufacture and installation of wire fixtures and custom wood
displays in major retail chains

Source Interlink serves approximately 110,000 retail store locations
throughout North America.

, Source Interlink
Companies, Inc.
Founded in 1893, Chas.
These forward-looking statements reflect Source Interlink's current views
about future events and are subject to risks, uncertainties , assumptions and
changes in circumstances that may cause future events, achievements or results
to differ materially from those expressed by the forward-looking statements.

pegboard geck

, Source Interlink
Companies , Inc. For more information, please visit the
company's website at http://www. Specialty market chains
include Barnes + Noble and Borders.

phyl slatwall

Supply chain relationships include movie studios,
record labels, magazine and newspaper publishers, confectionary companies and
manufacturers of general merchandise . Carol and her experienced staff
significantly strengthen our marketing capabilities and management team.

hangers slatwall

will continue to maintain offices in the
Chicago area and Carol Kloster, president and chief executive officer of Chas.
Our system removes costs and adds value to the distribution process through
timely analysis of sales information, state-of-the-art vendor managed
inventory systems to place the right product in the right place at the right
time, and efficient next day or second day delivery . The resources of Source Interlink along with
Levy's expertise in the mainstream will allow us to provide improved and
expanded services to retailers."
Source Interlink's Flegel concluded , "The complementary cultures and
business philosophies of our organizations were strong reasons for both
companies to cement this transaction.

jpm geck

sourceinterlink.

gondolas pegboard

The company purchased all of the equity
interests in the Chicago-based distributor for $29.

gridwall hth

In a related
move, Source Interlink signed a separate full line 10-year marketing and
service agreement with Levy Home Entertainment, LLC, one of the nation's
largest book distribution companies not included in the acquisition.com. Levy
Circulating Co.; (ii) an evolving market for single-copy magazines, (iii) the
ability to obtain product in sufficient quantities; (iv) adverse changes in
general economic or market conditions; (v) the ability to attract and retain
employees; (vi) intense competition in the marketplace and (vii) other events
and other important factors disclosed previously and from time to time in
Source Interlink's filings with the Securities and Exchange Commission,
including Source Interlink's annual report on Form 10-K for the fiscal year
ended January 31, 2004.

phyl signholders

Source Interlink Companies Hires Deutsche Bank Securities as Financial Advisor

will work with an affiliate of The Yucaipa Companies, LLC, the Company's
previously engaged consultant with respect to analyzing strategic
alternatives. reported
revenue of approximately $370 million.

benedicts recom

(Nasdaq: SORC), a premier provider of family entertainment
products and marketing services , today announced that its Board of Directors,
in consultation with its strategic advisor, The Yucaipa Companies, LLC, hired
Deutsche Bank Securities Inc.
In making this announcement, the Company stated that there can be no
assurance that the exploration of strategic alternatives will result in a
transaction.
Levy, will join Source Interlink as executive vice president.

jpm geck

"
Kloster stated, "I look forward to the opportunities our combined entity
offer for Levy and the industry .
Factors that could cause actual results to differ include: (i) the challenges
and costs of integration and restructuring, and the ability to achieve
anticipated synergies associated with the proposed acquisition of Chas.

pegboard wamaco

Levy Circulating Co. Source Interlink currently provides
direct-to-retail magazine distribution services for approximately 7,500 stores
in both the specialty and mainstream retail markets.

This press release contains certain "forward-looking statements" within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the U.

mii shopfittings

BONITA SPRINGS, Fla .sourceinterlink.com.7 million. Supply chain relationships include movie studios,
record labels, magazine and newspaper publishers, confectionary companies and
manufacturers of general merchandise.

mannequins recom

In connection with this evaluation process, Deutsche Bank Securities, Inc.

(Nasdaq: SORC ), a premier provider of family entertainment
products and marketing services, today announced it closed on its acquisition
of Chas.

jpm manne

Source Interlink Companies is a premier marketing, merchandising and
fulfillment company of entertainment products including DVDs, music CDs,
magazines, books and related items.

Source Interlink Companies Closes Acquisition of Chas. Levy Circulating Co.

Levy Circulating Co.

jpm geck

About Source Interlink Companies, Inc. Levy Circulating Co.

tcb rspc

shopfittings recom

Chas.

"
For the year ended September 30, 2004, Chas. For the
most recently completed fiscal year , the combined companies would have had
revenues for all product lines of approximately $1.7 billion on a pro forma
basis.

geck shopfitting

---

- - kjjkjk

Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)