Barnes & Noble Signs Lease for Port Orange, Florida, Store

Store Will Open in March 2009
NEW YORK--(Business Wire)--Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller,
announced it has signed a lease agreement to open a new Barnes & Noble
bookstore in Port Orange, Florida, which is in the greater Daytona
Beach area. The bookstore, expected to open in March 2009, will be
located in The Pavilion at Port Orange on the northwest corner of I-95
and Dunnlawton Avenue. The store will stock close to 200,000 book,
music, DVD and magazine titles and include a cafe serving Starbucks
coffee.

Barnes & Noble's bookselling innovations have established it as
America's top bookseller brand. For the fourth year in a row, the
EquiTrend(R) Brand Study by Harris Interactive(R) named Barnes & Noble
bookstores number one in overall brand equity, which is based on a
brand's strength in familiarity, quality and purchase intent. The new
store will feature:

-- The Barnes & Noble Membership Program. Designed for Barnes &
Noble's best customers, this program gives Members 40% off
hardcover fiction and nonfiction bestsellers, 20% off all
other adult hardcover books, and 10% off virtually everything
else in Barnes & Noble stores and online at Barnes &
Noble.com. The annual fee is $25.

-- Rapid special-order service. Can't find it on the shelf?
Barnes & Noble's massive warehouse inventory is available in
real-time, enabling its booksellers to order and confirm the
availability of over one million titles at the click of a
button.

-- Large-scale children's departments. Bigger than most typical
bookstores and stocking over 15,000 titles in an
easy-to-browse environment, "Barnes & Noble Jr." departments
are designed to appeal to children, parents, teachers and
librarians. Children's story hours will be held three times a
week.

-- Advanced technology music-listening and movie-previewing
system. The store's music department will feature RedDotNet,
the most advanced listening and previewing technology.
RedDotNet enables customers to listen to any CD in the store,
sampling up to 270,000 music titles by simply passing it under
a scanner. Connected to the company's online electronic music
catalog, the store's listening stations make "browsing with
your ears" a reality. Thanks to the latest technology,
RedDotNet stations also allow customers to view a three-minute
clip of up to 60,000 DVDs.

-- Giant Newsstand. The store's newsstand stocks over 2,000
titles, including hundreds of hard-to-find specialty
magazines, out-of-town and even foreign newspapers.

-- Wi-Fi Service. AT&T Wi-Fi(SM) service allows customers to use
their laptop computers and personal digital assistants
anywhere in the store or cafe to communicate online, surf the
Internet and connect to corporate networks at speeds 50 to 100
times as fast as a dial-up connection. A single two-hour
session costs $3.95, and an annual membership with unlimited
access to Barnes & Noble and more than 10,700 AT&T Wi-Fi hot
spots is available for $19.95 per month (with a one-year
commitment).

-- Community Center. The Barnes & Noble store will serve as a
local community center, hosting a number of community events
throughout the year. They will include author readings and
discussions, book clubs, and programs with local literary and
cultural organizations. The store will also hold bookfairs,
partnering with local schools and other community
institutions.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller
and a Fortune 500 company, operates 801 bookstores in 50 states. For
the fourth year in a row, the company is the nation's top bookseller
brand, as determined by a brand's overall strength based on its
combination of familiarity, quality and purchase intent, according to
the EquiTrend(R) Brand Study by Harris Interactive(R). Barnes & Noble
conducts its online business through Barnes & Noble.com (www.bn.com),
one of the Web's largest e-commerce sites.

General information on Barnes & Noble, Inc. can be obtained via
the Internet by visiting the company's corporate website:
http://www.barnesandnobleinc.com.

Barnes & Noble, Inc.
Lenore Feder, 212-633-3379
Corporate Communications
lfeder@bn.com

Copyright Business Wire 2008