ANN ARBOR, Mich., Aug. 12 /PRNewswire/ -- Borders Group has named 27-year publishing industry veteran Larry Norton Senior Vice President, Merchandising and Distribution, effective Aug. 31. He reports to Anne Kubek, Executive Vice President, Merchandising and Marketing. (Logo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO ) At Borders, Norton is responsible for leading the merchandising team, which includes the buying and planning organization for all Borders and Waldenbooks stores nationwide as well as the distribution group, which manages the company's national logistics network. For the past two years, Norton, 51, has been consulting within the industry as President of Larry Norton & Associates. Prior to that, he was with Simon & Schuster for 13 years, most recently serving as President of the Sales and Distribution Division. Prior to joining Simon & Schuster, he was with William Morrow & Co. for 12 years, where he began as a sales representative and was promoted to Vice President, Sales. He earned a bachelor's degree in 1980 from Dartmouth. "Larry's depth of experience within publishing and supply chain management is critical to Borders as we address our strategic priorities, including re-engaging with customers as a serious bookseller and improving execution in our stores and throughout our entire organization," said Borders Group Chief Executive Officer Ron Marshall. "We look forward to benefiting from his expertise and strength as a leader." About Borders Group Headquartered in Ann Arbor, Mich., Borders Group, Inc. (NYSE:BGP) is a leading retailer of books, music and movies with approximately 25,000 employees worldwide. Through its subsidiaries, the company operates more than 1,000 stores primarily under the Borders and Waldenbooks brand names and offers online shopping through Borders.com. For more information about the company, visit http://www.borders.com/aboutus. http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO http://photoarchive.ap.org/ DATASOURCE: Borders Group, Inc. CONTACT: Anne Roman of Borders Group, +1-734-477-1392, Web Site: http://www.borders.com/aboutus

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