Business Services Industry

''Weathervane'' Going Out of Business Sale Now Underway At All Locations; Hilco Merchant Resources Managing Closing of 95 Stores for New Weathervane Retail Corporation

Business Wire, June 20, 2004

NORTHBROOK, Ill. -- Going out of business sales are now in progress at all 95 Weathervane stores. Chosen by the company and approved by the United States Bankruptcy Court in Delaware, the store closing sales are being conducted by Hilco Merchant Resources, LLC.

More than $30 million of juniors' apparel, featuring the newest looks in tops, skirts, pants, shorts, jeans, sweaters, t-shirts, swimwear and accessories are being offered at very significant discounts.

Michael Keefe, President of Hilco Merchant Resources stated, "This is a great opportunity for juniors to really save on the coolest styles for summer and back- to- school. The selection is huge and the price cuts are remarkable, considering the very timely, 'wear now' nature of the merchandise. We expect this to be an extremely short event."

Weathervane stores can be found in the following locations:

Mall/Center                            City                      State
-----------                            ----                      -----
Westfarms Mall                         Farmington                 CT
Meriden Mall                           Meriden                    CT
CT Post Mall                           Milford                    CT
Crystal Mall                           Waterford                  CT
The Pavillions at Buckland             Manchester                 CT
Brass Mill Center                      Waterbury                  CT
Danbury Fair Mall                      Danbury                    CT
Coral Ridge Mall                       Coralville                 IA
Orland Square                          Orland Park                IL
Market Place Mall                      Champaign                  IL
St Clair Square                        Fairview Heights           IL
Hawthorn Shopping Center               Vernon Hills               IL
195 Fox Valley Center                  Aurora                     IL
Gurnee Mills Mall                      Gurnee                     IL
Greenwood Park Mall                    Greenwood                  IN
Castleton Square                       Indianapolis               IN
Glenbrook Square                       Fort Wayne                 IN
Eastland Mall                          Evansville                 IN
Tippecanoe Mall                        Layfayette                 IN
South Lake Mall                        Merrillville               IN
Westridge Mall                         Topeka                     KS
Mall of St Matthews                    Louisville                 KY
Florence Mall                          Florence                   KY
Swansea Mall                           Swansea                    MA
Auburn Mall                            Auburn                     MA
Burlington Mall                        Burlington                 MA
N Dartmouth Mall                       N Dartmouth                MA
Mall of Cape Cod                       Hyannis                    MA
Silver City Galleria                   Taunton                    MA
Holyoke Mall @Ingleside                Holyoke                    MA
Searstown Mall                         Leominster                 MA
Franklin Village Shopping Center       Franklin                   MA
Berkshire Mall                         Lanesborough               MA
Emerald Square                         N Attleborough             MA
Independence Mall                      Kingston                   MA
South Shore Plaza                      Braintree                  MA
Natick Mall                            Natick                     MA
Solomon Pond Mall                      Marlborough                MA
North Shore Mall                       Peabody                    MA
Marley Station Mall                    Glen Burnie                MD
Annapolis Mall                         Annapolis                  MD
Arundel Mills Mall                     Hanover                    MD
Bangor Mall                            Bangor                     ME
Maine Mall                             South Portland             ME
Rivertown Crossing                     Grandville                 MI
Crossroads Mall                        Portage                    MI
Lakeside Mall                          Sterling Heights           MI
Meridian Mall                          Okemos                     MI
Fashion Square Mall                    Saginaw                    MI
Southland Mall                         Taylor                     MI
Great Lakes Crossing                   Auburn Hills               MI
South County Center                    St Louis                   MO
Independence Ctr                       Independence               MO
West County Center                     St Louis                   MO
Mid Rivers Mall                        St Peters                  MO
Chesterfield Mall                      Chesterfield               MO
Triangle Town Center                   Raleigh                    NC
Mall of New Hampshire                  Manchester                 NH
Kmart Plaza                            Keene                      NH
Mall Rockingham Park                   Salem                      NH
Fox Run Mall                           Newington                  NH
Pheasant Lane Mall                     Nashua                     NH
Steeplegate Mall                       Concord                    NH
Cherry Hill Mall                       Cherry Hill                NJ
Rockaway Town Square                   Rockaway                   NJ
Colonie Center                         Albany                     NY
Aviation Mall                          Queensbury                 NY
Arnot Mall                             Horseheads                 NY
Crossgates Mall                        Albany                     NY
Oakdale Mall                           Johnson City               NY
Carousel Center                        Syracuse                   NY
South Shore Mall                       Bay Shore                  NY
Poughkeepsie Galleria                  Poughkeepsie               NY
Walden Galleria                        Buffalo                    NY
Rotterdam Square Mall                  Schenectady                NY
South Park Center                      Strongsville               OH
Tri-County Mall                        Cincinatti                 OH
Beldon Village Mall                    Canton                     OH
Dayton Mall                            Dayton                     OH
Great Lakes Mall                       Mentor                     OH
Tuttle Crossing                        Dublin                     OH
King of Prussia Plaza                  King of Prussia            PA
Ross Park Mall                         Pittsburgh                 PA
Lehigh Valley Mall                     Whitehall                  PA
Millcreek Mall                         Erie                       PA
Montgomery Mall                        North Whales               PA
South Hills Village                    Pittsburgh                 PA
Warwick Mall                           Warwick                    RI
Providence Place                       Providence                 RI
University Mall                        S Burlington               VT
Bay Park Square                        Green Bay                  WI
Fox River Mall                         Appleton                   WI
West Town Mall                         Madison                    WI
Mayfair Mall                           Wauwatosa                  WI
Brookfield Square                      Brookfield                 WI
 

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