GMEB Gamestop Corp

GameStop Corp. (NYSE:GME)(NYSE:GME.B), the world's largest video game and entertainment software retailer, announced today that two of its stockholders have sold 6,500,000 shares of GameStop Class A common stock to Citigroup Corporate and Investment Banking. A shelf registration statement relating to debt and equity securities of GameStop was filed with the Securities and Exchange Commission today. The shelf registration statement became effective immediately upon filing. A prospectus supplement relating to the offering by the selling stockholders will be filed with the Securities and Exchange Commission. The selling stockholders are EB Nevada Inc., a corporation indirectly owned by James J. and Agnes C. Kim and related trusts, that is selling 5,000,000 shares, and Leonard Riggio, who is selling 1,500,000 shares. Mr. Kim and Mr. Riggio are directors of GameStop Corp. After the transaction, EB Nevada Inc. continues to own 8.6% of the company's Class A common stock and Mr. Riggio continues to be a beneficial owner of approximately 6.3% of the company's Class A common stock and 17.2% of the company's Class B common stock. GameStop is not selling any shares in this offering and will receive no proceeds from these sales. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. A written prospectus meeting the requirements of section 10 of the Securities Act of 1933 may be obtained from Citigroup Corporate and Investment Banking by contacting it at Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, telephone (718)765-6732. About GameStop Corp. Headquartered in Grapevine, TX, GameStop Corp. (NYSE:GME)(NYSE:GME.B) is the world's largest video game and entertainment software retailer. The company operates 4,490 retail stores across the United States and in fourteen countries worldwide. The company also owns two e-commerce sites, GameStop.com and EBgames.com, and Game Informer(R) magazine, a leading video and computer game publication. GameStop Corp. sells new and used video game software, hardware and accessories for next generation video game systems from Sony, Nintendo and Microsoft. In addition, the company sells PC entertainment software, related accessories, and other merchandise. General information on GameStop Corp. can be obtained at the company's corporate Website: http://www.gamestop.com/investor-relations/.