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GameStop financial analysis

Richard Fontaine
Chairman and Chief Executive Officer, GameStop
March 18, 2008

The GameStop boss reveals his thoughts as part of the giant retailer's full year financial report...

"Our performance in 2007 was impressive from many perspectives. But what is particularly noteworthy is that 2007 was a transformative year with hardware sales setting records and the installed base of users reaching an all-time high.

Likewise, the expanding demographic profile of the video game player has moved this business into the mainstream of entertainment.

This will be compounded by a strong 2008 video game title lineup and the value aspect of GameStop's used model that appeals to a broad base of budget conscious consumers.

Prospects for the 575-600 new store openings in 2008 look very promising even with the current concerns about the US economy.

As one of the few American retailers actively seeking many new sites, GameStop is positioned to secure better locations with more advantageous lease terms and is more frequently being viewed as a critical brand to anchor strip centers."

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