Borders Group, Inc.
100 Phoenix Drive
Ann Arbor, Michigan 48108
734-477-1100
Ernst & Young LLP
500 Woodward Avenue
Detroit, Michigan 48226
EquiServe Trust Company, NA
P.O. Box 43069
Providence, RI 02940-3069
800-446-2617
The Company's Common Stock trades on the New York Stock Exchange under the symbol BGP.
Borders Group, Inc.'s annual meeting of
stockholders will be held on May 19, 2005
at 11:30 a.m. local time at:
The Ritz-Carlton
Fairlane Plaza
300 Towncenter Drive
Dearborn, Michigan 48126
For information about Borders Group, Inc. and its subsidiaries,
including Annual Reports, Form 10-K and 10-Q documents and other
available financial information, please send your request to:
Borders Group, Inc.
Investor Relations
100 Phoenix Drive
Ann Arbor, Michigan 48108
Phone 734-477-1794
Fax 734-477-1517
Information can also be obtained via the Internet by
visiting www.bordersgroupinc.com.
The following table sets forth, for the fiscal quarters indicated, the high and low closing market prices for the Company's Common Stock.
| 2004 | High | Low |
| Q1 | $25.21 | $21.27 |
| Q2 | $24.94 | $22.09 |
| Q3 | $25.22 | $21.42 |
| Q4 | $26.30 | $21.95 |
| 2003 | High | Low |
| Q1 | $15.84 | $13.60 |
| Q2 | $18.60 | $15.50 |
| Q3 | $21.76 | $17.64 |
| Q4 | $22.98 | $21.20 |
As of March 22, 2005, there were approximately 3,142 holders of record of the Company's Common Stock. This number excludes individual stockholders holding stock under nominee security position listings.
The Company's Form 10-K Annual Report for the fiscal year ended January 23, 2005 is being delivered to shareholders with this Annual Report, and should be read in conjunction with it. Information in the Form 10-K Annual Report, including the Company's Financial Statements and other financial information, Management's Discussion and Analysis of Financial Condition and Results of Operations, and disclosure regarding market risk, is important to an understanding of the Company and is incorporated herein by reference.
The Company has filed with the Securities and Exchange Commission, as an exhibit to its Form 10-K Reports for fiscal 2003 and 2004, the Sarbanes-Oxley Act Section 302 Certifications regarding the quality of the Company's public disclosure. During 2004, Mr. Josefowicz certified to the New York Stock Exchange that he was not aware of any violation by the Company of any NYSE Corporate Governance Listing Standards.
This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. One can identify these forward-looking statements by the use of words such as "expect," "aim," "seek," "goal," "plan," "will," "intend" and other words of similar meaning. One can also identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address matters such as the company's future financial performance (including sales and earnings guidance), its plans relating to store openings, closings and remodels, the addition of the Seattle's Best Coffee and Paperchase brands to new and certain remodeled stores and its intentions with respect to dividend payments and share repurchases. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the Company's forward-looking statements. Please refer to the Company's annual, quarterly and periodic reports on file with the Securities and Exchange Commission for a detailed discussion of such risks and uncertainties. The Company does not undertake any obligation to update forward-looking statements.
