Guitar Center, Inc. to Hold Second Quarter 2006 Earnings Call on August 1, 2006

Guitar Center, Inc. (Nasdaq:GTRC), will release second
quarter 2006 earnings results on Tuesday, August 1, 2006 after the
close of the day's trading. The Company will host a conference call
and audio webcast, both open to the general public, on Tuesday, August
1, 2006 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
   The conference call may be accessed by dialing 800-627-7250
(Domestic), or 706-645-9246 (International). A replay will be
available through Tuesday, August 8, 2006 by dialing 800-642-1687
(Domestic) or 706-645-9291 (International). The required pass code for
the replay is 3125799. It usually takes one hour following the
conference call to set up the recording.
   The live conference call and replay can be accessed via audio
webcast at the investor relations section of the company's website,
located at www.guitarcenter.com or www.earnings.com. An archive will
be available for twelve months following the conclusion of the
conference call.

   About Guitar Center

   Guitar Center is the leading United States retailer of guitars,
amplifiers, percussion instruments, keyboards and pro-audio and
recording equipment. Our retail store subsidiary presently operates
185 Guitar Center stores across the United States. In addition, our
Music & Arts division operates 91 stores specializing in band
instruments for sale and rental, serving teachers, band directors,
college professors and students. We are also the largest direct
response retailer of musical instruments in the United States through
our wholly owned subsidiary, Musician's Friend, Inc., and its catalog
and web site, www.musiciansfriend.com. More information on Guitar
Center can be found by visiting the Company's web site at
www.guitarcenter.com.