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Liquidation World Announces Q3 Revenue
July 11, 2005 - CALGARY, ALBERTA

Liquidation World Inc. (TSX:LQW) announces revenue for the third quarter, the thirteen weeks ended July 3, 2005, totaled $46.3 million, a 2.9 % increase from $45.0 million during the corresponding period in 2004. Complete financial results of the third quarter of fiscal 2005 will be announced in mid-August 2005.

On a cumulative basis, revenue for the first three quarters of 2005 totaled $137.3 million, a 1.0% decrease from $139.2 million during the 39 weeks ended July 4, 2004.

About Liquidation World

Liquidation World liquidates consumer merchandise through 105 outlets across North America, and also provides store-closure sales management. The company solves asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers and other organizations. Liquidation World opened its first retail outlet in 1986 and is now the largest liquidator in Canada, with more than 1,800 employees in outlets and offices across Canada and the United States.

FOR FURTHER INFORMATION PLEASE CONTACT:

Liquidation World Inc.
Jonathan Hill
President and CEO
(416) 587-0688
(866) 237-3778 (FAX)
Email: jonathanh@liquidationworld.com
or
Liquidation World Inc.
Andrew Searby, C.A.
Executive VP, and CFO
(403) 250-1222
(403) 291-1306 (FAX)
Email: investorinfo@liquidationworld.com
Website: www.liquidationworld.com

Next: Liquidation World Announces Second Quarter Results and Inventory Write-Downs