On a cumulative basis, sales for the first three quarters of fiscal 2000 totaled $122.8 million, an 9% increase from $112.9 million during the 39 weeks ended July 4,1999.

Complete financial results of the third quarter of fiscal 2000 will be announced in August.

Liquidation World is a retail liquidator of consumer merchandise through 84 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.

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