Sport Chalet Executed Stock Dividend

Sep 30, 2005, 01:00 ET from Sport Chalet

    LOS ANGELES, Sept. 30 /PRNewswire-FirstCall/ -- Sport Chalet, Inc. (the
 "Company") (Nasdaq:   SPCHB, SPCHA) today announced that as part of the
 recapitalization plan that was approved at the annual meeting of stockholders,
 the Company yesterday paid a stock dividend to stockholders of record on
 September 22, 2005.  Under the terms of the stock dividend, each stockholder
 will receive seven shares of Class A Common Stock for each share of Class B
 Common Stock held on the record date.  As of today, the Class B Common Stock
 commenced trading ex-dividend of the Class A Common Stock dividend described
 above.  The Class A Common Stock trades under the ticker symbol SPCHA.
     As previously announced, on Wednesday, September 21, 2005, the Company's
 common stock commenced trading under the ticker symbol SPCHB.  The
 commencement of trading of Class B Common Stock followed the approval of the
 Company's recapitalization plan at its annual meeting of stockholders which
 resulted in the reclassification of each outstanding share of common stock
 into 0.25 shares of Class B Common Stock.
     About Sport Chalet, Inc.
     Sport Chalet, founded in 1959 by Norbert Olberz, is a leading operator of
 full service specialty sporting goods stores in California and Southern
 Nevada.  The Company offers over 40 services for the serious sports
 enthusiast, including backpacking, canyoneering, and kayaking instruction,
 custom golf club fitting and repair, ski rental and repair, SCUBA training and
 certification, SCUBA boat charters, team sales, racquet stringing, and bicycle
 tune up and repair throughout its current 36 locations.  The address for Sport
 Chalet's web site is
     Disclosure Regarding Forward-Looking Statements
     Except for historical information contained herein, the statements in this
 release are forward-looking and made pursuant to the safe harbor provisions of
 the Private Securities Litigation Reform Act of 1995.  Forward-looking
 statements involve known and unknown risks and uncertainties that may cause
 the Company's actual results in future periods to differ materially from
 forecasted results.  Those risks include, among other things, the competitive
 environment in the sporting goods industry in general and in the Company's
 specific market areas, inflation, the challenge of implementing the Company's
 expansion plans and maintaining its competitive position, changes in costs of
 goods and services, the weather and economic conditions in general and in
 specific market areas.  These and other risks are more fully described in the
 Company's filings with the Securities and Exchange Commission.

SOURCE Sport Chalet