99 Cents Only Stores Shareholder Investigation by Briscoe Law Firm Concerning in Going Private Proposal

The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of 99 Cents Only Stores (“99 Cents” or “NDN”) (NYSE: NDN) related to a going private offer by the Schiffer-Gold family, which owns approximately 33 percent of 99 Cents, and Leonard Green & Partners L.P. The going private buyout proposal, which was announced on March 11, 2011, involves a transaction valued at approximately $1.34 billion. Under the proposed buyout, 99 Cents’ shareholders will receive $19.09 for each share of 99 Cents stock they hold.

The investigation relates to the fairness of the proposed transaction to 99 Cents shareholders and whether the board of directors is adequately shopping the company in order to obtain the best possible price for the shareholders. In addition, the firms are actively investigating possible breaches of fiduciary duty and other violations of state law by the Board of Directors of 99 Cents for approving this transaction, and whether 99 Cents’ Board of Directors acted in the shareholders’ best interests.

If you currently own shares of 99 Cents/NDN and would like additional information regarding this investigation, or if you have information regarding the allegations involved in this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free [phone], via e-mail at [e-mail], or Willie Briscoe at The Briscoe Law Firm, PLLC toll free [phone], or via email at [e-mail]. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.