Ryan & Maniskas, LLP Announces Investigation of 99 Cents Only Stores

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/ndn) is investigating potential claims against the board of directors of 99 Cents Only Stores ("99 Cents" or the "Company") (NYSE: NDN) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal from members of the Schiffer/Gold Family, together with Leonard Green & Partners, L.P.

Our investigation concerns whether 99 Cents’ Board undertook a fair process to obtain fair consideration for all shareholders of 99 Cents; in particular, whether the Company's Board breached their fiduciary duties to 99 Cents shareholders by failing to adequately shop the Company. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at [phone] or by email at [e-mail] or visit: www.rmclasslaw.com/cases/ndn.

Under the terms of the proposed transaction, 99 Cents common stockholders are being offered $19.09 in cash for each share of 99 Cents they own. The Schiffer/Gold family owns approximately 33% of the Company's outstanding common stock, and the letter to the Company states that they are prepared to contribute a substantial portion of their existing Company stock ownership as part of the proposed transaction.

If you own shares of 99 Cents and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at [phone] or to sign up online, visit: www.rmclasslaw.com/cases/ndn. You may also email Mr. Maniskas at [e-mail]. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.