InterTAN's Plans for Inversion to Canada Filed With S.E.C.

InterTAN's Plans for Inversion to Canada Filed With S.E.C. 


TORONTO, Feb. 27  /PRNewswire-FirstCall/ -- InterTAN, Inc. (NYSE: ITN; TSX:
ITA), a leading consumer electronics retailer of both private label and
internationally branded products, today announced that a registration statement
on Form S-4 in respect of a possible inversion of the Company to Canada has been
filed with the Securities and Exchange Commission. The Company's Board of
Directors believes that the inversion of the Company to Canada offers the
following benefits and advantages:

   * The new Canadian corporation would be incorporated where its
     operations, revenues, business prospects and management are located.
   * A Canadian corporation may be a more attractive investment to a wider
     range of Canadian investors.
   * The proposed structure may facilitate the acquisition of other
     businesses in Canada, and therefore make it easier to achieve growth
     through acquisitions.
   * Certain expenses that are not deductible for U.S. income tax purposes
     will be deductible by the new Canadian corporation against the revenue
     stream generated through its operations in Canada.
   * As a Canadian corporation, the Company will be in an advantageous
     position for a possible future conversion into a public investment
     vehicle known as an income trust, if conditions permit and if the
     Company deems such a conversion to be appropriate.



After review of the registration statement and approval by the S.E.C., a special
meeting of the stockholders to vote in respect of the proposed inversion
transaction is tentatively scheduled to be held May 28, 2004 at the Company's
offices in Barrie, Ontario.  The Form S-4 registration statement is available to
the public at http:/www.sec.gov and as well at the Company's website at
http:/www.intertan.com.

"We are pleased to announce this filing and believe that in combination with
continued strong operating results, it will further enhance the marketability of
ourshares thus benefiting our shareholders," commented Brian E. Levy, President
and Chief Executive Officer.

InterTAN, Inc., headquartered in Toronto, operates through approximately 980
company retail stores and dealer outlets in Canada under the trade names
RadioShack(R), Rogers Plus(R), and Battery Plus(R).

InterTAN will report its sales results for the month of February on March 4,
2004.

Certain information disclosed in this press release, including, among others,
statements regarding the continuation of strong operating results, the
enhancement of the marketability of the Company's shares, the possible inversion
of InterTAN's domicile to Canada and the benefits and advantages associated with
the implementation of an inversion including, withoutlimitation, the
attractiveness of the inverted company to Canadian investors and a future
possible conversion to a Canadian income trust, constitute forward-looking
statements that involve risks and uncertainties.  Important factors that could
cause actual results to differ materially from those in the forward-looking
statements include, but are not limited to, stockholder approval of and investor
reaction to the inversion transaction, consumer demand and preferences, product
availability, competitive environment, global political and general economic
conditions and other risks indicated in filings with the Securities and Exchange
Commission such as InterTAN's previously filed periodic reports, including its
Form 10-K for the 2003 fiscal year and its Form S-4 Registration Statement filed
on February 27, 2004. Additional Information About the Inversion Transaction and
Where to Find It

InterTAN's subsidiary NexxTech Inc. has filed with the SEC a registration
statement on Form S-4 that includes a joint proxy statement/prospectus of
InterTAN and NexxTech, and other relevant materials in connection with the
inversion transaction.  The joint proxy statement/prospectus will be mailed to
the stockholders of InterTAN once the registration statement hasbeen declared
effective by the Securities and Exchange Commission.  Investors and security
holders of InterTAN are urged to read the joint proxy statement/prospectus and
the other relevant materials when they become available because they will
contain important information about InterTAN, NexxTech and the inversion
transaction.  The registration statement, joint proxy statement/prospectus and
other relevant materials and any other documents filed by InterTAN or NexxTech
with the SEC, may be obtained free of charge at the SEC's web site at
http://www.sec.gov/.  In addition, investors and security holders may obtain
free copies of the documents filed with the SEC by InterTAN or NexxTech by
contacting InterTAN at 279 Bayview Drive, Barrie, Ontario, Canada L4M 4W5.

InterTAN and its executive officers and directors may be deemed to be
participants in the solicitation of proxies from the stockholders of InterTAN in
favor of the inversion transaction.  A list of the names of InterTAN's executive
officers and directors, and a description of their respective interests in
InterTAN, are set forth in the proxy statement for InterTAN's 2003 Annual
Meeting of Shareholders, which was filed with the SEC on October 20, 2003, as
well as in InterTAN's annual report on Form 10-K filed with the SEC on August
29, 2003.  Investors and security holders may obtain additional information
regarding the interests of InterTAN's executive officers and directors in the
transaction by reading the joint proxy statement/prospectus when it becomes
available. 

DATASOURCE: InterTAN, Inc.



CONTACT:  James P. Maddox, C.A., Vice President and Chief Financial

Officer of InterTAN, Inc., [phone]



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

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