WEST CHESTER, Pa., Nov. 24 /PRNewswire/ -- In response to a profit warning
issued by Electronics Boutique plc as a result of discounting on games for the
Sony Play Station, Electronics Boutique Holdings Corp. (Nasdaq: ELBO) today
announced that it does not expect to see any negative impact on its earnings.
    Electronics Boutique Holdings Corp.  has a management services agreement
with Electronics Boutique plc that is based on sales volume and is unrelated
to profit margins.  Further, Electronics Boutique Holdings does not believe
that the increased level of competition in the U.K. market will have any
impact on the U.S. market.  Historically, prices in the U.K. market have been
higher than in other markets and are now adjusting to levels more competitive
with the U.S. and other markets.  The company indicated that it is not
currently experiencing any extraordinary pricing pressure.  In addition, any
increase in sales at Electronics Boutique plc as a result of the increase in
competitive conditions could result in added revenue to Electronics Boutique
Holdings due to the nature of its management agreement.
    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.
    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.

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