Circuit City and Verizon Wireless Expand Relationship; Plan to Launch New Store Concept

Verizon Wireless to Operate Store-Within-a-Store Concept

Aug 30, 2004, 01:00 ET from Circuit City Stores, Inc.

    RICHMOND, Va. and BEDMINSTER, N.J., Aug. 30 /PRNewswire-FirstCall/ --
 Circuit City Stores, Inc. and Verizon Wireless today announced they have
 signed an exclusive agreement to create a Verizon Wireless store within each
 of more than 570 Circuit City Superstores around the country.  Verizon
 Wireless will operate the Verizon Wireless stores and be responsible for the
 employees, wireless and wireless-related inventory, displays and signage.
     Circuit City shoppers will be able to enjoy the same great features they
 would find in Verizon Wireless Communications Stores, including account look
 up, bill pay and other benefits previously only available at Verizon Wireless
 Communications stores -- such as the New Every Two(SM) plan that offers
 customers a $100 credit toward the purchase of a new phone when they renew
 their two-year contract.  Verizon Wireless offers a wide array of wireless
 services, including America's Choice(SM) national calling plans, Family
 SharePlans(SM), TXT Messaging, National Access and BroadbandAccess wireless
 Internet service, MobileWeb 2.0(SM) and Get It Now(R), the virtual shopping
 mall of services offering hundreds of applications for download including
 games, ringtones, productivity tools and more.
     The rollout will begin in September and will be completed by November.
 Verizon Wireless signs will be displayed on the exterior of each Circuit City
 Superstore that has a Verizon Wireless store inside.
     About Circuit City Stores, Inc.
     Richmond, Va.-based Circuit City Stores (NYSE:   CC) is a leading specialty
 retailer of consumer electronics.  Circuit City operates 604 Superstores and
 five mall-based stores in 158 U.S. markets.  Its subsidiary, InterTAN, Inc.,
 operates through more than 1,000 retail stores and dealer outlets in Canada.
 Circuit City also operates a Web site at
     About Verizon Wireless
     Verizon Wireless is the nation's leading provider of wireless
 communications.  The company has the largest nationwide wireless voice and
 data network and 40.4 million customers.  Headquartered in Bedminster, N.J.,
 Verizon Wireless is a joint venture of Verizon Communications (NYSE:   VZ) and
 Vodafone (NYSE and LSE: VOD).  Find more information on the Web at  To receive broadcast-quality video footage of
 Verizon Wireless operations, log onto

SOURCE Circuit City Stores, Inc.