WEST CHESTER, Pa., Nov. 24 /PRNewswire/ -- Electronics Boutique Holdings
Corp. (Nasdaq: ELBO) today announced the public offering of 3,500,000 shares
of common stock at a price of $21.375 per share.  Of the shares being offered,
2,000,000 shares are being sold by the Company and 1,500,000 shares are being
sold by EB Nevada Inc., the selling stockholder.
    Prudential Securities is the lead manager and Banc of America Securities
LLC, Gerard Klauer Mattison & Co., Inc. and PrudentialSecurities.com are the
co-managers for the offering.  The underwriters will have a 30-day option to
purchase up to 525,000 additional shares of common stock, of which 275,000
would be from the Company and 250,000 from the selling stockholder, EB Nevada
Inc.
    Electronics Boutique is one of the leading specialty retailers of video
and computer games and also sells video game hardware, PC productivity
software and accessories.  The company currently operates 595 stores in
46 states, Puerto Rico, Canada, Australia and South Korea, primarily under the
names Electronics Boutique and Stop 'N Save Software.  The company has also
established a separate e-commerce subsidiary, EBWorld.com, Inc.
    A prospectus relating to the offering may be obtained from Prudential
Securities, 111 8th Avenue, New York, NY  10011.
    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any State in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such State or jurisdiction.

    This press release may be deemed to contain "forward-looking statements."
Electronics Boutique ("EB") is including this statement for the express
purpose of availing itself of the protections of the safe harbor provided by
the Private Securities Litigation Reform Act of 1995 with respect to all such
forward-looking statements.  These forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ materially.
These risks include, but are not limited to, EB's dependence on the continued
introduction of new and enhanced video games and PC hardware and software; the
cyclical nature of the video game market; the rapid technological changes
which occur in the video game and PC industry; EB's ability to open and
operate new stores on a profitable basis; the intensely competitive nature of
the electronic game industry and its rapid changes in consumer preferences and
frequent new product introductions; the seasonal nature of the retail
industry; EB's dependence on its suppliers for products;  risks inherent to
conducting international operations; and consumer spending patterns and
prevailing economic conditions.  Please refer to Electronics Boutique's Annual
Report on Form 10-K on file with the SEC for a more detailed discussion of
these and other risks that could cause results to differ materially.

Link to this page: