Consolidating websites

Best Buy Canada also announced today it has reviewed its real estate footprint to address the fact that a significant number of its Future Shop and Best Buy stores are located adjacent to each other, often in the same parking lot.

The result of this review is the closure of 66 Future Shop locations, effective today.

The affected employees will receive severance, employee assistance and outplacement support.

“Any decisions that impact our people are never taken lightly; our first priority is to support them through this change,” Wilson said.

Concurrently, an additional 65 Future Shop stores will be temporarily closed for one week as they begin their transition to the Best Buy brand.

The company will now have a total of 192 locations across Canada, including 136 large-format stores and 56 Best Buy Mobile stores.

These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements.

Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: macro-economic conditions (including fluctuations in housing prices, oil markets, jobless rates and other indicators), credit market changes and constraints, foreign currency fluctuation, the company’s ability to manage its property portfolio, the impact of labor markets, failure to effectively manage costs or achieve anticipated expense and cost reductions, and disruptions in our supply chain or information technology systems.

You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning.

Canada Media Contact: Elliott Chun, 905-494-7114 Public Relations [email protected] U. Media Contact: Jeff Shelman, 612-859-4632 Public Relations [email protected] Buy Co., Inc.

Microsoft is conducting an online survey to understand your opinion of the Technet Web site.

In addition, the Company expects to record restructuring charges and non-restructuring impairments in the range of C0 to C0 million (approximately US0 to US0 million), or GAAP diluted earnings per share of US[[

You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning.

Canada Media Contact: Elliott Chun, 905-494-7114 Public Relations [email protected] U. Media Contact: Jeff Shelman, 612-859-4632 Public Relations [email protected] Buy Co., Inc.

Microsoft is conducting an online survey to understand your opinion of the Technet Web site.

In addition, the Company expects to record restructuring charges and non-restructuring impairments in the range of C$250 to C$350 million (approximately US$200 to US$280 million), or GAAP diluted earnings per share of US$0.41 to US$0.58.

This includes C$175 to C$225 million (approximately US$140 to US$180 million) of cash charges – primarily related to future rent obligations and severance – that will be paid over the next five years.

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You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning.Canada Media Contact: Elliott Chun, 905-494-7114 Public Relations [email protected] U. Media Contact: Jeff Shelman, 612-859-4632 Public Relations [email protected] Buy Co., Inc.Microsoft is conducting an online survey to understand your opinion of the Technet Web site.In addition, the Company expects to record restructuring charges and non-restructuring impairments in the range of C$250 to C$350 million (approximately US$200 to US$280 million), or GAAP diluted earnings per share of US$0.41 to US$0.58.This includes C$175 to C$225 million (approximately US$140 to US$180 million) of cash charges – primarily related to future rent obligations and severance – that will be paid over the next five years.

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You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning.

Canada Media Contact: Elliott Chun, 905-494-7114 Public Relations [email protected] U. Media Contact: Jeff Shelman, 612-859-4632 Public Relations [email protected] Buy Co., Inc.

Microsoft is conducting an online survey to understand your opinion of the Technet Web site.

In addition, the Company expects to record restructuring charges and non-restructuring impairments in the range of C$250 to C$350 million (approximately US$200 to US$280 million), or GAAP diluted earnings per share of US$0.41 to US$0.58.

This includes C$175 to C$225 million (approximately US$140 to US$180 million) of cash charges – primarily related to future rent obligations and severance – that will be paid over the next five years.

||

You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning.Canada Media Contact: Elliott Chun, 905-494-7114 Public Relations [email protected] U. Media Contact: Jeff Shelman, 612-859-4632 Public Relations [email protected] Buy Co., Inc.Microsoft is conducting an online survey to understand your opinion of the Technet Web site.In addition, the Company expects to record restructuring charges and non-restructuring impairments in the range of C$250 to C$350 million (approximately US$200 to US$280 million), or GAAP diluted earnings per share of US$0.41 to US$0.58.This includes C$175 to C$225 million (approximately US$140 to US$180 million) of cash charges – primarily related to future rent obligations and severance – that will be paid over the next five years.

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This includes C5 to C5 million (approximately US0 to US0 million) of cash charges – primarily related to future rent obligations and severance – that will be paid over the next five years.