Heilig-Meyers Appoints Curtis Kimbrell President of RoomStores Chain

Apr 26, 2001, 01:00 ET from Heilig-Meyers

    RICHMOND, Va., April 26 /PRNewswire/ -- Heilig-Meyers announced today that
 as a key component of its plan to concentrate its reorganization efforts on
 its RoomStore operations, it has appointed Curtis Kimbrell as President of the
 RoomStores.  Mr. Kimbrell, 55, has served as Executive Vice President of
 Merchandising since August of 1999.
     On April 11, 2001, the Company announced that in order to achieve its
 restructuring initiatives and maximize creditor recoveries, it will make the
 RoomStores format the centerpiece of its going forward operations and close
 and liquidate the inventory in its 375 remaining Heilig-Meyers furniture
 stores.
     "Curtis Kimbrell brings to his new position a solid background in
 furniture retailing," said Donald S. Shaffer, Heilig-Meyers President and CEO.
 "We look forward to his leadership as RoomStores move forward in today's
 retail marketplace. Looking ahead, we believe our RoomStores format is well-
 positioned to compete effectively, and to prosper and grow in its markets."
     The Company also announced today that Ron Barden, Senior Vice President
 and Controller has been named Managing Director of Reorganization and will be
 responsible for managing the Heilig-Meyers operations to maximize the value of
 the assets through the closing process.  "Mr. Barden's significant business
 and financial background positions him well for this critical assignment,"
 said Mr. Shaffer.
     Both Mr. Kimbrell and Mr. Barden, by approval of the current Directors,
 have joined the Company's Board of Directors.
     In conjunction with the transition to the RoomStore format, Mr. Shaffer
 will be leaving the Company, in the near future, to pursue other business
 opportunities.  He will however remain on the Heilig-Meyers Board of
 Directors.
     The Company filed voluntary Chapter 11 petitions in the U.S. Bankruptcy
 Court for the Eastern District of Virginia in Richmond for Heilig-Meyers
 Company, Inc., on August 16, 2000.
 
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SOURCE Heilig-Meyers
    RICHMOND, Va., April 26 /PRNewswire/ -- Heilig-Meyers announced today that
 as a key component of its plan to concentrate its reorganization efforts on
 its RoomStore operations, it has appointed Curtis Kimbrell as President of the
 RoomStores.  Mr. Kimbrell, 55, has served as Executive Vice President of
 Merchandising since August of 1999.
     On April 11, 2001, the Company announced that in order to achieve its
 restructuring initiatives and maximize creditor recoveries, it will make the
 RoomStores format the centerpiece of its going forward operations and close
 and liquidate the inventory in its 375 remaining Heilig-Meyers furniture
 stores.
     "Curtis Kimbrell brings to his new position a solid background in
 furniture retailing," said Donald S. Shaffer, Heilig-Meyers President and CEO.
 "We look forward to his leadership as RoomStores move forward in today's
 retail marketplace. Looking ahead, we believe our RoomStores format is well-
 positioned to compete effectively, and to prosper and grow in its markets."
     The Company also announced today that Ron Barden, Senior Vice President
 and Controller has been named Managing Director of Reorganization and will be
 responsible for managing the Heilig-Meyers operations to maximize the value of
 the assets through the closing process.  "Mr. Barden's significant business
 and financial background positions him well for this critical assignment,"
 said Mr. Shaffer.
     Both Mr. Kimbrell and Mr. Barden, by approval of the current Directors,
 have joined the Company's Board of Directors.
     In conjunction with the transition to the RoomStore format, Mr. Shaffer
 will be leaving the Company, in the near future, to pursue other business
 opportunities.  He will however remain on the Heilig-Meyers Board of
 Directors.
     The Company filed voluntary Chapter 11 petitions in the U.S. Bankruptcy
 Court for the Eastern District of Virginia in Richmond for Heilig-Meyers
 Company, Inc., on August 16, 2000.
 
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 SOURCE  Heilig-Meyers