News Releases

NEW YORK, November 10, 2008 – NYSE Regulation, Inc. (“NYSE Regulation”) announced today that it determined that the common stock of Circuit City Stores, Inc. (the “Company”) – ticker symbol CC – should be suspended immediately.

This decision was reached in view of the Company’s announcement that it has filed a voluntary petition for reorganization relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia. The Company’s Canadian operations also will be seeking protection under the Companies’ Creditors Arrangement Act in Canada ("CCAA"). The Company had also previously fallen below the NYSE’s continued listing standard regarding $1.00 30-day average share price and had a closing price of $0.25 on November 7, 2008.

The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation. Application to the U.S. Securities and Exchange Commission to delist the issue is pending the completion of applicable procedures, including any appeal by the Company of the NYSE Regulation staff decision. The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.

Company contacts:
Bill Cimino
804.418.8163