Liquidation World Inc. (LQW – TSE; LIQWF – Nasdaq) is pleased to announce Sales for the Second Quarter, the thirteen weeks ended April 2, 2000, totaled $38.5 million, an 11% increase from $34.8 million during the corresponding period in 1999. Total Sales during the Second Quarter of 2000 are the highest ever for any Second Quarter.

On a cumulative basis, sales for the first two quarters of 1999 totaled $83.0 million, an 8% increase from $76.8 million during the 26 weeks ended April 4, 1999.

Complete financial results of the second quarter of fiscal 2000 will be announced in May.

Liquidation World is a retail liquidator of consumer merchandise through 85 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World opened its first outlet in 1986 and is now the largest liquidator in Canada, with more than 1600 employees in outlets across Canada and the U.S.