The Wall Street Journal Cites SamGoody.com as Leading Online Music Retailer; SamGoody.com Ranks Sixth in Online Music Retailing Analysis

Business Wire, Nov 28, 2000

Business Editors & Entertainment Writers

MINNEAPOLIS--(BUSINESS WIRE)--Nov. 28, 2000

Musicland Stores Corporation (NYSE:MLG) announced that SamGoody.com was listed in The Wall Street Journal as one of the ten best Web sites to purchase music. The rankings, tabulated by Gomez Advisors, an Internet research firm in Massachusetts, were based upon five categories: ease of use, customer confidence, on-site resources, relationship services and overall cost.

The Web sites were featured in an article entitled "The Best Way to Find

Tunes" in the November 27 issue of The Wall Street Journal. The article evaluated a number of online music distribution methods.

"Our goal is to make SamGoody.com one of the best sites for consumers to purchase music, and we are pleased that our recent enhancements are accomplishing that goal - the rankings published by The Wall Street Journal confirm that we're well on our way," said Doug Tracey, senior vice president of E-commerce and logistics. "We strive to constantly improve usability and reliability for SamGoody.com customers, and we are proud that SamGoody.com earned top honors in our category."

Lisa Mellas, director of E-commerce marketing added, "During 2000, we invested in a number of site enhancements designed to strengthen overall usability including improved customer navigation and increased transaction speed. We also executed several cross-marketing programs to attract new customers and increase exposure for our Web sites. In addition, this fall we dramatically increased our product line and now offer nearly one million products on SamGoody.com."

SamGoody.com (www.SamGoody.com) is operated by MLG Internet, Inc. which is a wholly owned subsidiary of Musicland Stores Corporation. Based in Minneapolis, Musicland Stores Corporation is the leading specialty retailer of home-entertainment software products in the United States. As of September 30, 2000, the company operated 1,331 retail stores in 49 states, Puerto Rico and the Virgin Islands under the names Sam Goody, Suncoast, Media Play and On Cue. In addition to its four store formats, Musicland also operates four commercial Web sites including: SamGoody.com, Suncoast.com, MediaPlay.com and OnCue.com. For additional information on Musicland Stores Corporation, visit the company's corporate information Web site at http://www.musicland.com.

Forward-looking statements in this release may be impacted by certain important factors which could cause results to differ materially from those anticipated by the forward-looking statements. Such factors include the impact of competitive business practices and new technology, risk factors inherent in the entertainment industry, including the extent and timing of new releases, performance of the company's E-commerce sites, and other factors discussed in the Company's most recent Form 10-Q and in other reports filed from time to time by the Company with the Securities and Exchange Commission. The Company does not undertake any obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.