2003 Board of Directors




(left to right) Joel J. Cohen, Chairman and Co-Chief Executive Officer, Sagent Advisors, Inc.; Robert F. DiRomualdo, Chairman, Naples Ventures, LLC and former Chairman and Chief Executive Officer, Borders Group, Inc.; Peter R. Formanek*, Retired President and Chief Operating Officer of AutoZone, Inc.; Gregory P. Josefowicz, Chairman, President and Chief Executive Officer, Borders Group, Inc.; Amy B. Lane, Retired Managing Director, Investment Banking Group, Merrill Lynch.




(left to right) Victor L. Lund, non-executive Chairman of the Board, Mariner Health Care; Dr. Edna Greene Medford, Associate Professor of History and Director of the Graduate Program in History at Howard University; George R. Mrkonic, Former Vice Chairman, Borders Group, Inc.; Lawrence I. Pollock, President and Chief Executive Officer, Cole National Corporation; Beth M. Pritchard, President and Chief Executive Officer, Organized Living, Inc.


* Not standing for re-election to the company's Board of Directors.




2003 Executive Officers


Gregory P. Josefowicz Chairman, President and Chief Executive Officer

Vincent E. Altruda President, Borders Stores Worldwide

Thomas D. Carney Senior Vice President, General Counsel and Secretary

Daniel T. Smith Senior Vice President, Human Resources

Michael G. Spinozzi Executive Vice President, Chief Marketing Officer

Cedric J. Vanzura President, Waldenbooks and Corporate Information Technology

Edward W. Wilhelm Senior Vice President, Chief Financial Officer