Borders Group Inc. 2004 Fourth Quarter and Full-Year Sales, as Well as

    Business Editors

    ANN ARBOR, Mich.--(BUSINESS WIRE)--Jan. 31, 2005--Borders Group Inc. (NYSE:BGP) will discuss the company's 2004 fourth quarter and full-year sales, as well as initial guidance for fiscal 2005 on a conference call for analysts and investors Wed., Feb. 9 at 10:00 a.m. Eastern. Borders Group Chief Executive Officer Greg Josefowicz and Chief Financial Officer Ed Wilhelm will lead the review. The call will follow a news release regarding 2004 fourth quarter and full-year sales, as well as initial guidance for fiscal 2005 to be issued by the company before market open Wed., Feb. 9. Forward-looking statements may be included in the release and discussed on the conference call.

    This call is being webcast by CCBN and can be accessed at the Borders Group corporate Web site at www.bordersgroupinc.com. A replay will be accessible on the Web site through Feb. 28. In addition, a replay phone service will be available toll-free 800-427-1760, or for international calls, at 402-220-3031. The phone service will be available through Feb. 16 until 5:00 p.m. Eastern.

    The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

    About Borders Group Inc.

    Headquartered in Ann Arbor, Mich., Borders Group (NYSE:BGP) is a leading global retailer of books, music and movies with more than 1,200 stores worldwide. More detailed information on the company is available at www.bordersgroupinc.com.

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CONTACT: Borders Group Inc. Anne Roman, 734-477-1392 aroman@bordersgroupinc.com

KEYWORD: MICHIGAN INDUSTRY KEYWORD: ENTERTAINMENT MUSIC RETAIL EARNINGS CONFERENCE CALLS SOURCE: Borders Group Inc.

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