Electronics Boutique Announces Stock Buy-Back

Electronics Boutique Announces Stock Buy-Back 


WEST CHESTER, Pa., Nov. 17  /PRNewswire-FirstCall/ -- Electronics Boutique
Holdings Corp.  announced today that its Board of Directors has approved a
program to repurchase up to an additional 2.0 million shares of the company's
outstanding common stock.  The stock repurchases may, at the discretion of the
company's management, be made from time to time on the open market or in
privately negotiated transactions.  In May 2003, the company announced a program
to repurchase up to 1.5 million shares of the company's common stock.  The
company completed that repurchase program in June 2003.

The decision to increase the buy-back was prompted by Electronics Boutique's
continued strong cash position and the company's current stock price, which
closed at $24.11 on Friday.  The company currently has 24,903,284 shares of
common stock outstanding.

Under the buy-back program, the company may repurchase shares of its common
stock from time to time in compliance with SEC regulations and subject to market
conditions.  The program does not require the company to acquire any specific
number of shares and the company may terminate the program at any time.

About Electronics Boutique Holdings Corp.

Electronics Boutique, a Fortune 1000 company, is among the world's largest
specialty retailers dedicated exclusively to video game hardware, software and
PC entertainment software accessories.  The company operates over 1,436 stores
in the United States, Australia, Canada, Denmark, Germany, Italy, New Zealand,
Norway, Puerto Rico, Sweden and South Korea - primarily under the names of EB
Games and Electronics Boutique.  The company operates an e-commerce website at
http://www.ebgames.com/.  Additional company information is available at
http://www.ebholdings.com/.

This release contains forward-looking statements, including statements about the
company's intentions to repurchase its shares. Forward-looking statements refer
to expectations, projections and other characterizations of future events or
circumstances often identified by the use of words such as "may," "will,"
"expect," "believe," "anticipate," "intend," "could," "estimated," "continue" or
comparable terminology.  In addition to factors specified in Electronics
Boutique's recent filings with the Securities and Exchange Commission, there are
other factors that could cause actual results to materially differ from those
expressed or implied in these forward-looking statements, such as the continued
impact of a weak economy on Electronics Boutique's sales, the schedule for new
software releases, consumer demand for video game hardware and software, pricing
changes by key vendors for hardware and software, increased competition and
promotional activity from other retailers, and the availability of suitable
locations for new stores.  In light of the risks and uncertainties inherent in
forward-looking statements, these statements should not be regarded as a
representation by Electronics Boutique or any other person that the projected
results, objectives or plans will be achieved.  Electronics Boutique undertakes
no obligation to revise or update these forward-looking statements to reflect
events or circumstances after the date hereof. 

DATASOURCE: Electronics Boutique Holdings Corp.



CONTACT:  James A. Smith, Chief Financial Officer, Electronics Boutique

Holdings Corp., [phone]



Web site:  http://www.ebgames.com/ 

Web site:  http://www.ebholdings.com/ 

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