Borders, INC.

Throughout our more than 1,100 stores around the world, Borders is finding new ways to help our customers create richer and more satisfying lives through knowledge and entertainment. In fact, Borders was recently ranked #1 among 112 companies nationwide for providing an enjoyable customer shopping experience according to an independent survey conducted by Forrester Research. Borders ranked #2 nationwide in the overall survey.

Headquartered in Ann Arbor, Michigan, Borders Group, Inc., is a publicly held company with 2007 consolidated sales of $3.8 billion. Our stock trades on the New York Stock Exchange under the symbol BGP. Borders Group operates over 509 Borders superstores in the U.S.; 32 Borders stores outside the U.S., in Australia, New Zealand, Singapore and Puerto Rico; and approximately 485 stores in the Waldenbooks Specialty Retail segment, including Waldenbooks, Borders Express, Borders airport stores, and Borders Outlet. Borders Group owns London-based Paperchase Products Limited, a retailer of stationery, cards and gifts with approximately 120 locations outside the U.S., including stand-alone stores and concessions. There are also more than 317 Paperchase shops located within U.S. Borders superstores and the company opened its first stand-alone Paperchase shop in the U.S. on Boston's Newbury Street in 2007. More than 30,000 employees worldwide engage our customers with a rich shopping experience and provide them with the books, music, movies, and other entertainment items they love in a relaxing, enjoyable atmosphere. We are a company committed to our customers, our employees and to our communities.