GGUY Good Guys Inc. (MM)

Good Guys and CompUSA Announce Close of Merger Transaction SAN FRANCISCO, Dec. 19 /PRNewswire/ -- Good Guys, Inc. and CompUSA today announced the consummation of their merger. As a result of the merger, Good Guys will become a wholly-owned subsidiary of CompUSA and will continue to operate under the Good Guys name. Also as a result of the merger, each outstanding share of Good Guys stock has been converted into the right to receive $2.05 in cash. "We feel the merger with Good Guys fits well with our respective long-term strategies," said Larry Mondry, CEO, CompUSA. "Good Guys' ability to provide tech-savvy, early-adopters with the latest in consumer electronics adds an important brand to our portfolio." CompUSA is one of the nation's leading retailers and resellers of technology products and services. CompUSA currently operates 226 CompUSA Superstores in 90 major metropolitan markets across the United States and Puerto Rico that serve retail, small-to-medium businesses, corporate, government and education customers and includes technical service departments. Most of the stores include classroom-training facilities. CompUSA also operates a web site that offers an assortment of over 80,000 items at http://www.compusa.com/ With fiscal 2003 sales of $750 million, Good Guys is one of the largest specialty retailers of higher-end entertainment electronics in the nation. With its differentiated product selection and knowledgeable team of product specialists, Good Guys is dedicated to providing entertainment solutions to the West Coast's early adopters and tech-savvy consumers. Founded in 1973, Good Guys operates 71 stores in California, Nevada, Washington and Oregon. For more information, visit http://www.goodguys.com/ . DATASOURCE: CompUSA; Good Guys, Inc. CONTACT: Jennifer Doidge, +1-415-318-4107, or , for Good Guys, Inc.; or Steve Lee, APR of QuickSilver Interactive Group, +1-214-999-0301, ext. 20, or , for CompUSA Web site: http://www.compusa.com/ http://www.goodguys.com/

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