National Record Mart Amends Senior Subordinated Notes

Apr 19, 2001, 01:00 ET from National Record Mart, Inc.

    PITTSBURGH, April 19 /PRNewswire/ -- National Record Mart, Inc.
 (OTC Bulletin Board:   NRMI) announced that on April 13, 2001, the Company
 reached an agreement with the holders of its senior subordinated notes to
 extend the maturity date of the notes, which would have matured on April 15,
 2001.  The amendments extend the maturity date of the notes to October 15,
 2001 as well as waive certain financial covenants.
 
     National Record Mart, Inc. is a specialty retailer of prerecorded music
 and entertainment products and is the nation's fourth largest specialty
 retailer of prerecorded music, currently operating 151 stores.
 
 

SOURCE National Record Mart, Inc.
    PITTSBURGH, April 19 /PRNewswire/ -- National Record Mart, Inc.
 (OTC Bulletin Board:   NRMI) announced that on April 13, 2001, the Company
 reached an agreement with the holders of its senior subordinated notes to
 extend the maturity date of the notes, which would have matured on April 15,
 2001.  The amendments extend the maturity date of the notes to October 15,
 2001 as well as waive certain financial covenants.
 
     National Record Mart, Inc. is a specialty retailer of prerecorded music
 and entertainment products and is the nation's fourth largest specialty
 retailer of prerecorded music, currently operating 151 stores.
 
 SOURCE  National Record Mart, Inc.