EBITDA Increases 21% over the Prior Year

Comparable Store Sales Increase 10.9% over the Three Day Holiday Weekend

NOOK Tablet(TM) Becomes Fastest Selling NOOK(TM) Product

New York, NY (December 1, 2011) – Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its second quarter ended October 29, 2011.

SECOND QUARTER SALES

Total sales decreased 0.6% as compared to the prior year, from $1.90 billion to $1.89 billion.  Barnes & Noble store (“Retail”) sales decreased 1% from $931 million to $918 million, with comparable sales decreasing 0.6%.  Physical book sales declined, offset by increases in NOOK products and were positively affected by the liquidation of the remaining Borders stores.  Comparable store sales improved each month throughout the quarter.

Barnes & Noble College (“College”) sales declined 4% from $797 million to $768 million, due to a shift from selling new and used textbooks to lower priced, higher margin textbook rentals.  Comparable store sales increased 0.4%.  College comparable store sales reflect the retail selling price of a new or used textbook when rented, rather than solely the rental fee received and amortized over the rental period.

BN.com sales increased 17% over the prior year, from $177 million to $206 million. Comparable sales increased 38%, on top of a 59% increase a year ago.  This increase was driven by continued growth of digital content sales and purchases of award winning NOOK(TM) devices.  BN.com comparable sales reflect the actual selling price for eBooks sold under the agency model rather than solely the commission received.

SECOND QUARTER EARNINGS

Earnings before interest, taxes, depreciation and amortization (EBITDA) grew 21% over the prior year, from $46 million to $56 million.

Retail EBITDA grew from $1.3 million to $21.0 million, benefiting from higher product margins this year.  In addition, the prior year included $10 million of litigation and proxy contest costs.  College EBITDA declined slightly from $95.3 million to $93.9 million.  BN.com EBITDA losses increased from $50.2 million to $58.9 million, driven by planned product markdowns on the recently announced NOOK price adjustments, as well as higher advertising production costs.

Total company net loss was $6.6 million for the quarter, or $0.17 per share, as compared to a net loss of $12.6 million last year, or $0.22 per share.  Included in the current quarter is a $0.06 loss per share related to the company’s preferred stock dividend, in accordance with ASC 260, Earnings per Share.  The dividend is deducted from earnings available to common shareholders in the earnings per share calculation and does not impact the company’s results of operations.

BARNES & NOBLE LAUNCHES NOOK Tablet(TM)

On November 7, 2011, Barnes & Noble launched NOOK Tablet, the company’s fastest and lightest tablet with the best in entertainment.  msnbc.com cited the product as a “terrific tablet,” The Associated Press called it “really impressive” and Forrester Research Inc. called it a “wow product”.  In the first few weeks of launch, NOOK Tablet has become the fastest selling NOOK product in the company’s history.

Concurrent with the launch of NOOK Tablet, the company also announced enhancements and new low prices for NOOK Color(TM) and NOOK Simple Touch(TM), retailing at $199 and $99, respectively.

The newly updated NOOK Simple Touch continues to earn high praise from leading tech review outlets.  CNET, PCMag and Laptop Magazine rank it among their top-rated touch eReaders with all three naming it “Editor’s Choice” and this week, PC World rated NOOK Simple Touch the #1 eReader (11/29/11).

The consolidated NOOK business across all of the company’s segments, including sales of digital content, device hardware and related accessories, increased 85% in the second quarter to $220 million, on a comparable sales basis.

“The launch of NOOK Tablet, combined with the product enhancements to NOOK Color and $99 NOOK Simple Touch, represents the highest-quality portfolio of digital reading products on the market at incredible values,” said William Lynch, chief executive officer of Barnes & Noble, Inc.  ”We expect to sell millions of devices during our third quarter, adding to the millions of current NOOK customers.  This growing base of customers buying digital content from Barnes & Noble will continue to position us as one of the fastest growing companies in this exploding digital content market, and we project this will generate significant returns on our investments for years to come.”

HOLIDAY RESULTS TO DATE

Over the three-day holiday weekend, comparable store sales increased 10.9% at Barnes & Noble stores, on top of 17% comparable store growth last year.  ”Based on early sales and traffic results in stores we are encouraged by our prospects for this upcoming holiday,” added William Lynch.

FULL YEAR GUIDANCE

The company expects full year EBITDA to be at the lower end of the previously issued range of $210 million to $250 million.  Although the company has seen and continues to expect increases in retail earnings from plan, it plans to invest more heavily in customer acquisition activities to fuel NOOK digital growth.  These investments primarily include promotional activity and advertising for NOOK products, as well as technology costs related to developing other opportunities.

CONFERENCE CALL

A conference call with Barnes & Noble, Inc.’s senior management will be webcast beginning at 10:00 A.M. ET on Thursday, December 1, 2011, and is accessible at www.barnesandnobleinc.com/webcasts.

Barnes & Noble, Inc. will report holiday sales on or about January 5, 2012.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK® eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

NOOK(R), NOOK Tablet(TM), NOOK Color(TM), NOOK Simple Touch(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), Reader’s Tablet(TM), PagePerfect(TM), Best-Text(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Store(TM), NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), VividView(TM), ArticleView(TM), NOOK Newspapers(TM), NOOK Comics(TM), NOOK Cloud(TM), NOOK Apps(TM), FREE NOOK Reading Apps(TM), PubIt!(TM), NOOK Discover(TM),  NOOK Kids(TM), Read To Me(TM), Read and Play(TM), Read and Record(TM), NOOK Digital Shop(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe®, NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) and information relating to Barnes & Noble that are based on the beliefs of the management of Barnes & Noble as well as assumptions made by and information currently available to the management of Barnes & Noble.  When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “will”  and similar expressions, as they relate to Barnes & Noble or the management of Barnes & Noble, identify forward-looking statements.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble’s products, low growth or declining sales and net income due to various factors, risk that international expansion will not be successfully achieved or may be achieved later than expected, possible disruptions in Barnes & Noble’s computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, the risk that the expected sales lift from Borders’ store closures is not achieved in whole or part, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher-than-anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble’s online, digital and other initiatives, the performance and successful integration of acquired businesses, the success of Barnes & Noble’s strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects,  product and component shortages, and other factors which may be outside of Barnes & Noble’s control, including those factors discussed in detail in Item 1A, “Risk Factors,” in Barnes & Noble’s Annual Report on Form 10-K and Form 10-K/A, and in Barnes & Noble’s other filings made hereafter from time to time with the SEC.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described as anticipated, believed, estimated, expected, intended or planned.  Subsequent written and oral forward-looking statements attributable to Barnes & Noble or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements in this paragraph.  Barnes & Noble undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this communication.

# # #

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Media Contact:
Mary Ellen Keating
Senior Vice President
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Investor Contacts:
Joseph J. Lombardi
Chief Financial Officer
Barnes & Noble, Inc.
(212) 633-3215
jlombardi@bn.com

Andy Milevoj
Director of Investor Relations
Barnes & Noble, Inc.
(212) 633-3489
amilevoj@bn.com

New York, New York, October 21, 2011 – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today announced that Joseph Lombardi, Chief Financial Officer, has resigned from his current position, but will remain a non-officer employee until mid-2012 to assist in the transition as the company undertakes an executive search for a new CFO.  The company also announced the appointment of Allen Lindstrom, Vice President, Corporate Controller, to interim CFO until a replacement is named.

“Today the company is strategically and financially well positioned, due in large part to our leadership team and Joe Lombardi’s contributions during his tenure as CFO,” said William Lynch, Chief Executive Officer.  ”He has played a key role especially during these last two years, as we’ve been successfully transforming our business, and scaling the massive opportunity NOOK® presents.”  Mr. Lynch added, “We’ve built great bench strength and continuity in our finance department over the years, and everyone from the management team to the board of directors has the utmost confidence in Allen as he assumes the interim CFO position.  We thank Joe for his service to the company and appreciate his assistance in the transition.”

“I could not be more proud of the nine years I’ve spent at Barnes & Noble working alongside an outstanding management team,” said Mr. Lombardi.  ”In the last two years alone, it has been exciting to see Barnes & Noble transform itself from a leading bookseller to a leading retailer of content and digital media.  I look forward to assisting the company during this transition period until a new CFO is appointed.”

Mr. Lindstrom joined Barnes & Noble, Inc. in November 2007, as Vice President and Corporate Controller.  He is also Principal Accounting Officer of the company.  Prior to joining Barnes & Noble, Mr. Lindstrom was Chief Financial Officer at Liberty Travel.

ABOUT BARNES & NOBLE, INC.
Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

NOOK Simple Touch Reader(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), NOOK Newspapers(TM), NOOK Apps(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe®, NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

CONTACT:
Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

New York, New York – October 11, 2011 – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, announced the expansion of its robust NOOK Newsstand (www.NOOKnewsstand.com) offering with the addition of bestselling magazine Real Simple, available first on NOOK Color for a limited time. Barnes & Noble’s NOOK Color is the only digital platform where customers can enjoy the Real Simple November issue, the first digital version of the popular magazine ever made available.

The first-ever digital issue of Real Simple is designed and optimized especially for NOOK Color with a host of engaging content features and a quicker way to navigate to desired content by tapping articles in the table of contents or flipping through the entire issue with an easy to use page slider. Customers can enjoy the magazine’s recipes, entertaining tips, organizing ideas and much more like never before on NOOK Color’s gorgeous 7-inch VividView(TM) color touchscreen. Print subscribers to Real Simple can enjoy the NOOK Magazine version on their NOOK Color at no additional cost.

“We are excited to offer NOOK Color customers exclusive access to the first digital version of Real Simple – the perfect choice for smart, busy consumers who want creative solutions to everyday challenges,” said Jonathan Shar, Vice President and General Manager of digital newsstand at Barnes & Noble. “The print edition of Real Simple is already one of the most popular titles enjoyed by Barnes & Noble customers, and we are happy to now add the digital version to the NOOK Newsstand collection.”

“Our consumers have been asking for Real Simple on NOOK Color, so we are very excited to make this announcement,” said Kristin van Ogtrop, Managing Editor, Real Simple. “Our advertising partners are always looking for new ways to connect with our consumers, so we’re thrilled to bring Real Simple to NOOK Color,” continued Evelyn Webster, Executive Vice President, Time Inc. Lifestyle Group.

With the largest digital collection of top 100 magazines, Barnes & Noble offers more than 220 titles and growing, with a wide selection covering home, fashion and beauty, travel, parenting, health, food, celebrities, business, general news and more. NOOK Color customers can try all NOOK periodicals, including Real Simple for free for 14 days, and enjoy all digital magazines and newspapers by subscription or single copy purchases. Experience the wide variety of rich, colorful periodicals available for NOOK Color today at www.nooknewsstand.com, www.nookcolor.com or at the NOOK Boutiques and displays in one of Barnes & Noble’s more than 700 bookstores (http://store-locator.barnesandnoble.com).

About NOOK(R) from Barnes & Noble
Barnes & Noble’s NOOK brand of eReading products makes it easy to read what you love, anywhere you like(TM) with a fun, easy-to-use and immersive digital reading experience. With NOOK, customers gain access to Barnes & Noble’s expansive NOOK Bookstore(TM) of more than two million digital titles, and the ability to enjoy content across a wide array of popular devices. The award-winning NOOK Color(TM), the best-value on the tablet market ($249), features a stunning 7-inch VividView(TM) Color Touchscreen to read all of the content you love, shop popular apps, connect via email, browse the Web and more. The All-New NOOK ($139), the Simple Touch Reader(TM), is the easiest-to-use 6-inch touch reader, with the longest battery life of any eReader. In Barnes & Noble stores, NOOK owners can access free Wi-Fi connectivity, enjoy the Read In Store(TM) feature to read NOOK Books(TM) for free, and the More In Store(TM) program, which offers free, exclusive content and special promotions. Barnes & Noble was the first company to offer digital lending for a wide selection of books through its LendMe(R) technology, available through NOOK eReading products. Find NOOK devices in Barnes & Noble stores and online at www.BN.com, as well as at Best Buy, Walmart, Staples, Books-A-Million, OfficeMax and Fred Meyer stores.

In addition to NOOK devices, Barnes & Noble makes it easy for customers to enjoy any book, anytime, anywhere with its free line of NOOK software, available at www.bn.com/freenookapps. Customers can use Barnes & Noble’s free eReading software to access and read books from their personal Barnes & Noble digital library on devices including iPad(TM), iPhone(R), iPod touch(R), Android(TM) smartphones and tablets BlackBerry(R), PC and Mac(R). Lifetime Library(TM) helps ensure that Barnes & Noble customers will always be able to access their digital libraries on NOOK products and software-enabled devices and BN.com. Barnes & Noble also offers NOOK Study(TM) (www.nookstudy.com), an innovative study platform and software solution for higher education, NOOK Kids(TM) (www.nookkids.com), a collection of digital picture and chapter books for children, and NOOK Books en espanol(TM) (http://www.barnesandnoble.com/ebooksenespanol), the first-ever Spanish language digital bookstore in the United States.

For more information on NOOK devices and eReading software, updates, new NOOK Book releases, Free Friday(TM) NOOK Books and more, follow us on www.twitter.com/ebooksbn and www.facebook.com/nookbn.

ABOUT BARNES & NOBLE, INC.
Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving nearly 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.  General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

The All-New NOOK(TM), The Simple Touch Reader(TM), NOOK(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), NOOK Color(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), NOOK Newspapers(TM), NOOK Apps(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe(R), NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en espanol(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

ABOUT Real Simple:
Real Simple launched in March 2000 and has become one of the industry’s biggest success stories. Using humor and understanding, Real Simple provides inspiring ideas and practical solutions for everyday life and enjoys a total audience of 15 million. Real Simple has expanded its brand promise, “Life made easier,” to several platforms, including: mobile; books; special issues and licensed products. The Real Simple Home and Lifestyle Digital Network enjoys a strong reach online, averaging 3.3 million unique visitors each month (comScore). Real Simple is available on the NOOK Color and is published by the Time Inc. Lifestyle Group, a division of Time Inc., the largest magazine media company in the U.S.

CONTACTS:

Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Carolyn J. Brown
Corporate Communications
Barnes & Noble, Inc.
(212) 633-4062
cbrown@bn.com

Amanda Schumacher
Communications
Real Simple
(212) 522-0105
amanda_schumacher@timeinc.com

New York, NY (October 5, 2011) – HarperCollins Children’s Books, Barnes & Noble, Inc. (NYSE:BKS) and First Book announced today the launch of the “If You Give a Child a Book” program, a promotion with the goal of donating up to 60,000 books from a selection of young adult and children’s titles.  The program celebrates the October 4, 2011 publication of IF YOU GIVE A DOG A DONUT, the ninth installment in the #1 New York Times bestselling If You Give… book(TM) series by award-winning team Laura Numeroff and Felicia Bond.

From October 4 through October 31, 2011, for each of the first 30,000 books purchased in Laura Numeroff and Felicia Bond’s If You Give… book(TM) series at a Barnes & Noble store or on BN.com, two books will be donated to kids in need through First Book, the non-profit organization dedicated to transforming children’s lives by providing them with new books.  In honor of this program, Laura Numeroff will be visiting three Barnes & Noble stores across the country:

“National Story time Day” on October 15th at 11:00am in Princeton, NJ
“Educator Week Event” on October 22nd at 1:00pm in Rancho Cucamonga, CA
“If You Give a Child a Book Grand Finale Event” on October 29th at 1:00pm in Tyson’s Corner, VA

In addition, Barnes & Noble.com will feature the Laura Numeroff and Felicia Bond classic, If You Give a Mouse a Cookie in this month’s Online Storytime program.  A monthly feature, Barnes & Noble.com’s Online Storytime is perfect for children ages two through six and showcases favorite children’s books read by well-known authors and celebrities.  To enhance the Storytime experience, illustrations and artwork are brought to life through pan-and-scan technology.  Barnes & Noble.com will have an If You Give… page with a selection of Laura Numeroff and Felicia Bond books and toys (www.bn.com/storytime).

“HarperCollins is proud to be partnering with Barnes & Noble and First Book for such a great cause and to celebrate the launch of If You Give a Dog a Donut,” says Susan Katz, President and Publishers, HarperCollins Children’s Books.   ”With everyone’s generous efforts, we will be donating books to children in need all across the country.”

“Barnes & Noble is thrilled to partner with HarperCollins and First Book on this promotion,” said Mary Amicucci, Vice President of Children’s Books at Barnes & Noble, Inc.  ”Barnes & Noble is passionate about getting books into the hands of children to foster learning, growth and imagination.  The If You Give… series has always been a favorite series among our customers and participating in the If You Give… promotion is a wonderful way for us to donate books to children in need.”

“The generosity of partners like Barnes & Noble and HarperCollins – and their customers – will enable us to provide thousands of brand-new books to children from low-income families across the country,” said Kyle Zimmer, President and CEO of First Book. “This series is one of our favorites, and we’re delighted that more kids reading these great books will mean more kids in our national network of schools and programs who’ll receive new books of their own.”

The “If You Give a Child a Book” program is open to all U.S. residents.  For more information about this program, please visit bn.com/ifyougive.

About the If You Give…book(TM) series:
Author Laura Numeroff and illustrator Felicia Bond created the beloved If You Give a Mouse a Cookie in 1985. The book launched a bestselling series, including If You Give a Moose a Muffin (1991), If You Give a Pig a Pancake (1998), If You Take a Mouse to the Movies (2000), If You Take a Mouse to School (2002), If You Give a Pig a Party (2005), Mouse, Cookies & More Treasury (2006), and If You Give a Cat a Cupcake (2008). The books in the series have sold more than 38 million copies and have been translated into 13 languages.  In 2000, Oprah Winfrey called If You Give a Pig a Pancake her “favorite book for children” and featured it on her “My Favorite Things” Christmas 2000 episode.  During the 2001 Inauguration, First Lady Laura Bush honored the creators of the If You Give…book(TM) series at “Laura Bush Celebrates American Authors,” and she invited Laura Numeroff to the White House for the 2004 Easter Egg Roll.  Recently, If You Give a Mouse a Cookie was a featured question on Jeopardy!, and was mentioned in the movie Air Force One.

Laura Numeroff is the bestselling author of a number of books for children, including the If You Give…book(TM) series illustrated by Felicia Bond; The Chicken Sisters, illustrated by Sharleen Collicott and Laura Numeroff’s 10-Step Guide to Living with Your Monster illustrated by Nate Evans. She lives in Los Angeles, CA.

Felicia Bond is the renowned illustrator of the If You Give…book(TM) series written by Laura Numeroff; Big Red Barn by Margaret Wise Brown and Little Porcupine’s Christmas by Joseph Slate. She is also the author of The Day It Rained Hearts, The Halloween Play and the Poinsettia books. She lives in Santa Fe, N.M.

ABOUT HARPERCOLLINS CHILDREN’S BOOKS
HarperCollins Children’s Books is one of the leading publishers of children’s books. Respected worldwide for its tradition of publishing quality, award-winning books for young readers, HarperCollins is home to many timeless treasures – Charlotte’s Web, The Chronicles of Narnia, Goodnight Moon, Where the Sidewalk Ends, the Ramona series, Where the Wild Things Are; and popular new classics – The Graveyard Book, A Series of Unfortunate Events, Warriors, and Fancy Nancy. Consistently at the forefront of digital innovation, HarperCollins Children’s Books delights young readers through engaging storytelling in all formats, including ebooks and apps. HarperCollins Children’s Books is a division of HarperCollins Publishers, one of the leading English-language publishers in the world and a subsidiary of News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV). Headquartered in New York, HarperCollins has publishing groups in the US, Canada, the UK, Australia/New Zealand, and India. You can visit HarperCollins Children’s Books at www.harpercollinschildrens.com and HarperCollins Publishers at www.harpercollins.com.

ABOUT BARNES & NOBLE, INC.
Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.   General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.  Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

ABOUT FIRST BOOK
First Book has distributed more than 85 million books and educational resources to programs and schools serving children from low-income families throughout the United States and Canada.  By making new, high-quality books available on an ongoing basis, First Book is transforming the lives of children in need and elevating the quality of education. For more information, please visit them online or follow their latest news on Facebook and Twitter.

Cindy Hamilton/HarperCollins
212-207-7915
cindy.hamilton@harpercollins.com

Carolyn Brown/Barnes & Noble
(212) 633-4062
cbrown@bn.com

New York, New York – October 3, 2011 – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today announced that NOOK Color and NOOK Simple Touch eReaders are now available at Target stores nationwide and at Target.com as Barnes & Noble continues to expand the distribution of NOOK devices.  The $139 NOOK Simple Touch Reader(TM) and the $249 NOOK Color Reader’s Tablet(TM) and accessories arrived at Target on October 2, 2011.  NOOK is now available at Best Buy, Books-A-Million, Fred Meyer, Office Max, P.C. Richard & Sons, Radio Shack, Staples, Target and Walmart, in addition to Barnes & Noble and www.bn.com.

“We are excited to bring our award-winning devices to Target as we expand the retail locations where people can purchase NOOK,” said Chris Peifer, vice president, digital business development at Barnes & Noble. “The All-New NOOK offers a simple, easy-to-use, dedicated reading experience for readers of all ages and NOOK Color is the perfect sleek, sophisticated and reading-centric tablet device.”

Barnes & Noble’s NOOK product line uses the element of touch to achieve simplicity and ease of use.  The NOOK Simple Touch features extra-long battery life on the ultra-light, portable 6-inch eReader with the most-advanced E Ink Pearl display and the most social reading experience ever – all for just $139.  With a simple tap, it’s intuitive and easy to navigate, shop and read.

For customers who love to read everything in rich color, NOOK Color features a stunning 7-inch VividView(TM) Color Touchscreen, ideal for reading a wide variety of content including books, immersive children’s picture books, an expansive collection of interactive magazines, newspapers and more. The best value tablet at just $249, NOOK Color also offers the most-requested tablet features, including high-quality NOOK Apps(TM), built-in e-mail, and an enhanced Web experience. With all NOOK products, customers gain access to Barnes & Noble’s expansive NOOK Bookstore(TM) of more than two million digital titles, and the ability to enjoy content across a wide array of popular devices.

ABOUT BARNES & NOBLE, INC.
Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

NOOK Simple Touch Reader(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), NOOK Newspapers(TM), NOOK Apps(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe®, NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

Contacts:
Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Carolyn J. Brown
Corporate Communications
Barnes & Noble, Inc.
(212) 633-4062
cbrown@bn.com

New York, New York – September 21, 2011 – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, and RadioShack (NYSE: RSH), an established authority in the wireless market, announced today they will be bringing the company’s award-winning line of NOOK eReading devices and related accessories to more than 3,000 RadioShack stores nationwide and online at radioshack.com, beginning October 3.  Customers visiting a RadioShack or select dealer franchise location will now have access to a wide array of popular and innovative NOOK devices designed for readers of all ages.

“The NOOK is a friendly and versatile way to enjoy the tablet experience and to stay connected with your reading material, news and information on the go,” says Scott Young, chief merchandising officer for RadioShack Corp. “As your nearby mobile authority, The Shack has everything you need to power, protect and personalize your NOOK, or almost any other mobile device, this holiday season.”

NOOK devices are the perfect choice for anyone who wants access to their favorite reads anywhere they go.  Customers seeking a simple, easy-to-use, dedicated reading experience will love the NOOK Simple Touch Reader — an ultra-light, portable 6-inch eReader with the most-advanced E Ink(R) Pearl display and the longest battery life of any eReader – all for just $139.  With a simple tap, it’s intuitive and easy to navigate, shop and read.

For customers who love to read everything in rich color, the NOOK Color features a stunning 7-inch VividView(TM) Color Touchscreen ideal for reading a wide variety of content including books, enhanced books, immersive children’s picture books, an expansive collection of interactive magazines, newspapers and more. The best value tablet at just $249, NOOK Color also offers the most-requested tablet features, including high-quality NOOK Apps(TM), built-in email, and an enhanced Web experience. With all NOOK products, customers gain access to shop Barnes & Noble’s expansive NOOK Bookstore(TM) of more than two million digital titles, and the ability to enjoy content across a wide array of popular devices.

“Just like Barnes & Noble stores, RadioShack’s convenient, comfortable, easy-to-shop format means that every customer gets the personal attention they deserve,” said Chris Peifer, Vice President, Digital Business Development at Barnes & Noble. “That’s why we are excited to partner with RadioShack to bring our NOOK devices to RadioShack customers who love to read anytime, anywhere. With NOOK, customers will discover the most immersive, fun and easy-to-use reading experience, as well as gain access to a vast selection of popular books, interactive magazines, newspapers, children’s books, apps and more.”

For more information, visit www.bn.com/nook or visit any NOOK Boutique or display in one of Barnes & Noble’s more than 700 bookstores (http://store-locator.barnesandnoble.com).

About NOOK(TM) from Barnes & Noble

Barnes & Noble’s NOOK brand of eReading products makes it easy to read what you love, anywhere you like(TM) with a fun, easy-to-use and immersive digital reading experience. With NOOK, customers gain access to Barnes & Noble’s expansive NOOK Bookstore(TM) of more than two million digital titles, and the ability to enjoy content across a wide array of popular devices. The award-winning NOOK Color(TM) Reader’s Tablet(TM), the best-value on the tablet market ($249), features a stunning 7-inch VividView(TM) Color Touchscreen to read all of the content you love, shop popular apps, connect via email, browse the Web and more. The NOOK Simple Touch Reader(TM) ($139), is the easiest-to-use 6-inch touch reader, with the longest battery life of any eReader. In Barnes & Noble stores, NOOK owners can access free Wi-Fi connectivity, enjoy the Read In Store(TM) feature to read NOOK Books(TM) for free, and the More In Store(TM) program, which offers free, exclusive content and special promotions. Barnes & Noble was the first company to offer digital lending for a wide selection of books through its LendMe(R) technology, available through NOOK eReading products. Find NOOK devices in Barnes & Noble stores and online at www.BN.com, as well as at Best Buy, Walmart, Staples, Books-A-Million, OfficeMax, Fred Meyer, and P.C. Richard & Son stores.

In addition to NOOK devices, Barnes & Noble makes it easy for customers to enjoy any book, anytime, anywhere with its free line of NOOK software, available at www.bn.com/freenookapps. Customers can use Barnes & Noble’s free eReading software to access and read books from their personal Barnes & Noble digital library on devices including iPad(TM), iPhone(R), iPod touch(R), Android(TM) smartphones and tablets BlackBerry(R), PC and Mac(R). Lifetime Library(TM) helps ensure that Barnes & Noble customers will always be able to access their digital libraries on NOOK products and software-enabled devices and BN.com. Barnes & Noble also offers NOOK Study(TM) (www.nookstudy.com), an innovative study platform and software solution for higher education, NOOK Kids(TM) (www.nookkids.com), a collection of digital picture and chapter books for children, and NOOK Books en español(TM) (http://www.barnesandnoble.com/ebooksenespanol), the first-ever Spanish language digital bookstore in the United States.

For more information on NOOK devices and eReading software, updates, new NOOK Book releases, Free Friday(TM) NOOK Books and more, follow us on www.twitter.com/ebooksbn and www.facebook.com/nookbn.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

NOOK Simple Touch Reader(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), NOOK Newspapers(TM), NOOK Apps(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe(R), NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

ABOUT RADIOSHACK CORPORATION

RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. The Shack(R) offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs approximately 33,000 people globally, including a team of friendly and helpful sales experts who are recognized for delivering the best customer service in the wireless industry. Based in Fort Worth, Texas, RadioShack’s retail network includes approximately 4,675 company-operated stores in the United States and Mexico, more than 1,475 wireless phone centers in the United States, and approximately 1,140 dealer outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack(R) and The Shack(R) are registered trademarks licensed by RadioShack Corporation.

This press release was sent to you by Barnes & Noble, Inc., based on your signup on our corporate website (http://www.barnesandnobleinc.com/newsroom/enews_signup.html). To stop receiving press releases from Barnes & Noble, please e-mail us at bninc@bn.com and include the word “Unsubscribe” in the subject line.

CONTACTS:
Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Carolyn J. Brown
Corporate Communications
Barnes & Noble, Inc.
(212) 633-4062
cbrown@bn.com

RadioShack Media Hotline
(817) 415-3300
media.relations@radioshack.com

BN.com Comparable Sales Increase 65%

Fiscal 2012 EBITDA Expected to Increase 30% to 50%

New York, NY (August 30, 2011) – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today reported sales and earnings for its fiscal 2012 first quarter ended July 30, 2011.

FIRST QUARTER RESULTS

Total sales for the first quarter were $1.4 billion, a 2% increase compared to the prior year.  Sales through BN.com increased 37% as compared to the prior year to $198 million, with comparable sales increasing 65%.  This increase was driven by strong demand for the NOOK product line, including the continued success of the Award Winning NOOK Color, the mid-quarter launch of the NOOK Simple Touch Reader and a quadrupling of digital content sales over last year’s first quarter.

Barnes & Noble store sales decreased 3% to $1 billion, with comparable store sales decreasing 1.6% for the quarter.  While traditional physical book sales declined during the quarter, the stores posted large increases in sales of the NOOK product line and Toys & Games.  In a non-back-to-school period, Barnes & Noble College Bookstore (“College”) sales declined 2% to $220 million, with comparable store sales decreasing 1.8%.

The consolidated NOOK business across all of the company’s segments, including sales of digital content, device hardware and related accessories, increased 140% in the first quarter to $277 million, on a comparable sales basis.

EARNINGS

The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) improved 23% this quarter from a loss of $30.7 million to $23.6 million.  For the first quarter, the company reported a consolidated net loss of $57 million, or $0.99 per share.  The company’s effective tax rate is 36.2%, lower than its previous rate of 39.7%.  The change in the effective tax rate had a $0.05 per share impact on the quarter.  Excluding the impact of the tax rate change, the company’s net loss per share was $0.94.

“Our strategy of growing market share in the exploding digital content business while maximizing cash flow and EBITDA from our retail operations is paying off,” said William Lynch, chief executive officer.  ”We plan to continue investing in the significant growth areas of our business, and in fiscal 2012, we expect to see leverage as our digital sales growth is projected to exceed the growth of investment spend.  Additionally, the return on investment is expected to increase in future years, as readers purchase increasing amounts of digital content on the platform we have built.”

“Our NOOK eReaders and applications continue to be cited as the finest digital reading products on the market, with the new NOOK Simple Touch Reader recently rated as the best eReader,” Mr. Lynch added.  ”The company is encouraged by the progress achieved against our strategy and believes in our plan to continue to appropriately invest in the massive digital opportunity, while delivering strong EBITDA growth this year.”

GUIDANCE

For the full fiscal year 2012 consolidated sales are forecasted to be $7.4 billion.  Comparable sales at BN.com are expected to increase 60% to 70%.  Barnes & Noble comparable store sales are expected to increase 2% to 3% and College’s comparable store sales are expected to be flat.  The company expects a $150 million to $200 million sales lift in this fiscal year following the complete liquidation of Borders stores.  The consolidated NOOK business across all of the company’s segments, including sales of digital content, device hardware and related accessories, is expected to double this year to $1.8 billion from $880 million last year and $123 million in fiscal 2010, on a comparable sales basis.

The company expects full year earnings before interest, taxes, depreciation and amortization (EBITDA) to be in a range of $210 million to $250 million, representing a 30% to 50% increase as compared to the prior year.  This year’s EBITDA forecast includes transaction, advisory and legal costs of approximately $15 million related to the strategic alternatives process and the recently completed $204 million investment made by Liberty Media in the company.  The company expects full year losses per share to be in a range of $0.10 to $0.50.

CONFERENCE CALL

A conference call with Barnes & Noble, Inc.’s senior management will be webcast beginning at 10:00 A.M. ET on Tuesday, August 30, 2011, and is accessible at www.barnesandnobleinc.com/webcasts.

Barnes & Noble, Inc. will report fiscal 2012 second quarter earnings results on or about November 22, 2011.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

The All-New NOOK(TM), The Simple Touch Reader(TM), NOOK(TM),  NOOK 1st Edition(TM), NOOK Wi-Fi 1st Edition(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe(R), NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (www.facebook.com/barnesandnoble) and YouTube (www.youtube.com/user/bnstudio).

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) and information relating to Barnes & Noble that are based on the beliefs of the management of Barnes & Noble as well as assumptions made by and information currently available to the management of Barnes & Noble.  When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “will”  and similar expressions, as they relate to Barnes & Noble or the management of Barnes & Noble, identify forward-looking statements.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others:

The general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble’s products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble’s computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, potential effects of a bankruptcy filing by one of Barnes & Noble’s largest competitors and actions taken by that competitor during bankruptcy, including store closures, sales of inventory at discounted prices and elimination of liabilities,  the risk that the expected $200 million sales lift from Borders’ store closures is not achieved in whole or part, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher-than-anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble’s online, digital and other initiatives, the performance and successful integration of acquired businesses, the success of Barnes & Noble’s strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects,  product and component shortages, the risk that clearance under the Hart-Scott-Rodino Act with respect to Liberty GIC, Inc.’s (Liberty), a subsidiary of Liberty Media Corporation, investment in the Company may not be received and the effects of the failure to receive such clearance, and other factors which may be outside of Barnes & Noble’s control, including those factors discussed in detail in Item 1A, “Risk Factors,” in Barnes & Noble’s Annual Report on Form 10-K and Form 10-K/A, and in Barnes & Noble’s other filings made hereafter from time to time with the SEC.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described as anticipated, believed, estimated, expected, intended or planned.  Subsequent written and oral forward-looking statements attributable to Barnes & Noble or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements in this paragraph.  Barnes & Noble undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this communication.

###

Media Contact:
Mary Ellen Keating
Senior Vice President
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Investor Contacts:
Joseph J. Lombardi
Chief Financial Officer
Barnes & Noble, Inc.
(212) 633-3215
jlombardi@bn.com

Andy Milevoj
Director of Investor Relations
Barnes & Noble, Inc.
(212) 633-3489
amilevoj@bn.com

Free NOOK Editions of FORTUNE, PEOPLE, SPORTS ILLUSTRATED and TIME Available to Print Subscribers

New Special Edition Titles Offer Enhanced Interactivity, Optimized for Award-Winning NOOK Color(TM) Reader’s Tablet(TM)

New York, New York – August 23, 2011 – Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, announced today it is enhancing its best-in-class NOOK Newsstand, giving NOOK Color customers even more interactive versions of the country’s favorite magazines and newspapers.  With the addition of top titles including FORTUNE, PEOPLE, SPORTS ILLUSTRATED, TIME, Parents and Fitness magazines, Barnes & Noble now offers more top 100 magazines than any other digital newsstand service.  These newly added titles include a selection of interactive special editions optimized for NOOK Color’s stunning 7-inch color touchscreen with all the print magazine content along with an exciting array of bonus features.  Print subscribers to FORTUNE, PEOPLE, SPORTS ILLUSTRATED and TIME can enjoy the NOOK Magazine(TM) versions on their NOOK Color at no additional cost. These new magazines and periodicals – totaling more than 200 – along with other enhancements can be enjoyed by NOOK Color customers through a free software update available at www.nookcolor.com/update or provided over the air (OTA) to customers connected to Wi-Fi beginning this week.

An Even Richer Reading Experience

With the version 1.3 software update, millions of NOOK Color customers will get more from their favorite magazines than ever before.  Starting with special edition versions of FORTUNE, PEOPLE, SPORTS ILLUSTRATED and TIME, Time Inc. will make all 21 of its U.S. titles including Real Simple, InStyle, Entertainment Weekly and Cooking Light available on NOOK Color by the end of the year.  Additional special edition versions are expected this fall from Better Homes and Gardens and others. These NOOK Magazine special editions offer customers all of the great content in the current print edition, along with a host of extras, built right into the pages to get more of the story – from videos and audio podcasts, animations, photo galleries and other bonus features.  With these embedded multimedia enhancements, magazine lovers will be able to watch celebrity interviews, see the week’s sports highlights, listen to podcasts, take quizzes, get how-to’s on arts and crafts, and even learn new exercises with fitness videos to stay in shape.  These special editions also feature a portrait-centric reading experience that’s fun and simple to use, as well as the ability to get to desired content quicker.  Just tap the article promoted right on the magazine cover or in the table of contents.

“We’re proud to work with leading periodical publishers to deliver an unmatched selection of bestselling digital magazines to NOOK Color customers,” said Jonathan Shar, Vice President and General Manager of digital newsstand at Barnes & Noble. “With more than 200 of the top periodicals available in NOOK Newsstand for NOOK Color, Barnes & Noble continues to provide customers with the best digital periodical collection.”

More Periodicals, Across More Devices

In addition to the six new special edition magazines available on NOOK Color, NOOK Newsstand now offers an even wider variety of popular titles including new additions such as Ladies’ Home Journal, Traditional Home, Siempre Mujer, Smithsonian Magazine, The Knot and more. Engaging digital magazines are offered in rich color, featuring Barnes & Noble’s innovative ArticleView(TM) which allows customers to customize the article text to their favorite reading style.

NOOK Color and NOOK(TM) device customers will also find an even greater selection of major market daily newspapers with many recently added titles.  All periodicals are available for subscription with a 14-day free trial or via single copies. NOOK device customers can also enjoy Time and Fortune in digital versions, designed for NOOK’s crisp E Ink(TM) display.  And most NOOK Newsstand titles are also accessible to iPad(TM) and Android(TM) tablet owners using the free NOOK for iPad(TM) and NOOK for Android(TM) reading applications (www.bn.com/freenookapps).

NOOK Color v1.3 Now Available

Through its latest free NOOK Color firmware update, Barnes & Noble has made ongoing enhancements for Wi-Fi connectivity, other performance improvements and is adding a new feature to give parents and organizations the much-requested ability to disable the built-in Web browser. The NOOK Color v1.3 software update is available at no cost via immediate manual download at www.nookcolor.com/update. A free over-the-air (OTA) update will begin rolling out to customers connected to Wi-Fi beginning this week.

Experience the NOOK Newsstand special interactive editions and other great new content at the NOOK Boutique(TM) or display in one of Barnes & Noble’s more than 700 bookstores across the country, hundreds of Barnes & Noble College bookstores or by visiting www.nookcolor.com. NOOK Color, along with NOOK devices, can also be found at Best Buy, Walmart, Staples, Books-A-Million, OfficeMax, and Fred Meyer stores.

About NOOK(TM) from Barnes & Noble

Barnes & Noble’s NOOK brand of eReading products makes it easy to read what you love, anywhere you like(TM) with a fun, easy-to-use and immersive digital reading experience. With NOOK, customers gain access to Barnes & Noble’s expansive NOOK Bookstore(TM) of more than two million digital titles, and the ability to enjoy content across a wide array of popular devices. The award-winning NOOK Color(TM) Reader’s Tablet(TM), the best-value on the tablet market ($249), features a stunning 7-inch VividView(TM) Color Touchscreen to read all of the content you love, shop popular apps, connect via e-mail, browse the Web and more. The All-New NOOK ($139), the Simple Touch Reader(TM), is the easiest-to-use 6-inch touch reader, with the longest battery life of any eReader. In Barnes & Noble stores, NOOK owners can access free Wi-Fi connectivity, enjoy the Read In Store(TM) feature to read NOOK Books(TM) for free, and the More In Store(TM) program, which offers free, exclusive content and special promotions. Barnes & Noble was the first company to offer digital lending for a wide selection of books through its LendMe® technology, available through NOOK eReading products. Find NOOK devices in Barnes & Noble stores, College bookstores and online at www.BN.com, as well as at Best Buy, Walmart, Staples, Books-A-Million, OfficeMax, and Fred Meyer stores.

In addition to NOOK devices, Barnes & Noble makes it easy for customers to enjoy any book, anytime, anywhere with its free line of NOOK software, available at www.bn.com/freenookapps. Customers can use Barnes & Noble’s free eReading software to access and read books from their personal Barnes & Noble digital library on devices including iPad(TM), iPhone®, iPod touch®, Android(TM) smartphones and tablets BlackBerry®, PC, and Mac®. Lifetime Library(TM) helps ensure that Barnes & Noble customers will always be able to access their digital libraries on NOOK products and software-enabled devices and BN.com. Barnes & Noble also offers NOOK Study(TM) (www.nookstudy.com), an innovative study platform and software solution for higher education, NOOK Kids(TM) (www.nookkids.com), a collection of digital picture and chapter books for children, and NOOK Books en español(TM) (http://www.barnesandnoble.com/ebooksenespanol), the first-ever Spanish language digital bookstore in the United States.

For more information on NOOK devices and eReading software, updates, new NOOK Book releases, Free Friday(TM) NOOK Books and more, follow us on www.twitter.com/ebooksbn and www.facebook.com/nookbn.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 705 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 636 college bookstores serving nearly 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK reading products, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.  General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

The All-New NOOK(TM), The Simple Touch Reader(TM), NOOK(TM), NOOK 1st Edition(TM), NOOK 1st Edition Wi-Fi(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), NOOK Magazines(TM), NOOK Newspapers(TM), NOOK Apps(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe®, NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

# # #

CONTACTS:
Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Carolyn J. Brown
Corporate Communications
Barnes & Noble, Inc.
(212) 633-4062
cbrown@bn.com

New York, NY (August 18, 2011) - Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today announced that Liberty Media has invested an aggregate of $204 million in the Company through the purchase of newly issued convertible preferred stock.

Under the terms of the strategic investment, Liberty purchased preferred stock, convertible into approximately 12 million shares or 16.6% (after giving effect to the issuance) of the Company’s common stock at a price of $17 per share, and with a dividend rate of 7.75% per annum to be paid quarterly.  The investment, which was approved by Barnes & Noble’s board of directors following a recommendation made by its Special Committee, closed today.  In light of Liberty’s investment, the parties have ceased discussions regarding Liberty’s previously announced acquisition proposal.

Leonard Riggio, Chairman of Barnes & Noble said, “We could not have found a better strategic investor than Liberty Media.  Their investment is a strong endorsement of our overall business and the additional capital will further fuel the explosive growth of our digital strategy.”

“We are excited about Barnes & Noble’s prospects as the leading bookseller in the U.S. and its growth opportunities in the digital world,” said Greg Maffei, Liberty Media’s President and CEO.  ”This investment provides Barnes & Noble with capital to grow its business on terms that are attractive for both parties and allows us to play a meaningful role in shaping their success to generate returns for our shareholders and theirs.”

Following expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, Liberty will be entitled to elect two nominees to the Company’s board of directors.  Barnes & Noble has agreed to expand its board to eleven members and both parties have agreed that Liberty’s two nominees to the Company’s board of directors will be Gregory B. Maffei, President and Chief Executive Officer of Liberty and Mark D. Carleton, Senior Vice President of Liberty.

The convertible preferred stock will also be entitled to vote on matters submitted to the Company’s shareholders on an as-converted basis following the later of the expiration of the waiting period and the completion of the Company’s 2011 annual meeting of shareholders.

The Company will file the investment agreement and associated terms of the preferred stock on a Current Report on Form 8-K to which investors should refer for additional detail on the terms of the preferred stock and the investment.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 705 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 636 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States.  Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

The All-New NOOK(TM), The Simple Touch Reader(TM), NOOK(TM),  NOOK 1st Edition(TM), NOOK Wi-Fi 1st Edition(TM), NOOK Color(TM), Reader’s Tablet(TM), Fast Page(TM),  NOOK Books(TM),  NOOK Bookstore(TM), NOOK Newsstand(TM), PubIt!(TM),  NOOK Kids(TM), Read In Store(TM), More In Store(TM), NOOK Friends(TM), LendMe(R), NOOK Library(TM), NOOK Boutiques(TM), The Barnes & Noble Promise(TM), NOOK Books en español(TM), NOOK Study(TM), Free Friday(TM), Lifetime Library(TM) and Read What You Love. Anywhere You Like(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

Forward-looking statements

This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) and information relating to Barnes & Noble that are based on the beliefs of the management of Barnes & Noble as well as assumptions made by and information currently available to the management of Barnes & Noble.  When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “will”  and similar expressions, as they relate to Barnes & Noble or the management of Barnes & Noble, identify forward-looking statements.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble’s products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble’s computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, potential effects of a bankruptcy filing by one of Barnes & Noble’s largest competitors and actions taken by that competitor during bankruptcy, including store closures, sales of inventory at discounted prices and elimination of liabilities, higher-than-anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble’s online, digital and other initiatives, the performance and successful integration of acquired businesses, the success of Barnes & Noble’s strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects,  product and component shortages, the risk that clearance under the Hart-Scott-Rodino Act with respect to Liberty’s investment in the Company may not be received and the effects of the failure to receive such clearance, and other factors which may be outside of Barnes & Noble’s control, including those factors discussed in detail in Item 1A, “Risk Factors,” in Barnes & Noble’s Annual Report on Form 10-K, filed with the SEC on June 29, 2011, and in Barnes & Noble’s other filings made hereafter from time to time with the SEC.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described as anticipated, believed, estimated, expected, intended or planned.  Subsequent written and oral forward-looking statements attributable to Barnes & Noble or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements in this paragraph.  Barnes & Noble undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this communication.

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Media Contact:
Mary Ellen Keating
Senior Vice President
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Investor Contacts:
Joseph J. Lombardi
Chief Financial Officer
Barnes & Noble, Inc.
(212) 633-3215
jlombardi@bn.com

Andy Milevoj
Director of Investor Relations
Barnes & Noble, Inc.
(212) 633-3489
amilevoj@bn.com

Expands Popular No-Hassle Textbook Rentals Nationwide

Award-Winning NOOK(TM) Devices Now Offered Through All Campus Bookstores

New York, New York – August 15, 2011 - As financially strapped higher education students head back to campus for the new school year, many will find dramatic savings and great convenience at their Barnes & Noble College campus bookstores. The world’s largest bookseller and an innovator in college bookselling, Barnes & Noble, Inc. (NYSE: BKS), projects the over four million higher education students it serves will save more than $200 million during the 2011-2012 academic year thanks to the company’s offering of used, rental, and eTextbooks (both rental and purchase options) with savings between 25 to 75 percent. The company also announced it would offer its highly acclaimed line of NOOK reading devices through its more than 630 Barnes & Noble College bookstores.

Already an established source for lower-cost used textbooks, Barnes & Noble has made a major effort to increase the availability and selection of less expensive textbook options and make the process easier for students.  The company, which was the first major retailer to offer a multi-channel textbook rental program, announced it has expanded that highly successful program to nearly all of its Barnes & Noble College campus bookstores this semester, offering significant savings of more than 50 percent over a new printed book for millions of higher education students and their families.  Through its popular textbook rental program, Barnes & Noble College offers students the convenience of renting their books either in the campus bookstore or from the bookstore’s Web site, reducing the need to pay shipping costs or wait for their books to arrive in the mail.  Students also have the choice to return their rental textbooks to the campus bookstore or via mail using free return shipping.

As part of its commitment to deliver the next generation of educational content, last year, Barnes & Noble launched NOOK Study(TM), its free digital study platform and eTextbook reader application. NOOK Study (www.nookstudy.com/college) delivers a more engaging and enhanced eTextbook experience for students and faculty thanks to its wide array of interactive features and tools.  NOOK Study can be downloaded at no cost onto a PC or Mac, with no special device or tablet required, which further adds to the savings. eTextbooks save students up to 60 percent over the cost of purchasing a new printed textbook.

With NOOK Study, students have even greater flexibility and options because they can rent as well as purchase many eTextbook titles. Additionally, for students who aren’t sure they are ready to go digital, NOOK Study offers a free seven day trial of many eTextbooks so students can experience the electronic format before they actually purchase the title.

“Our college offerings are designed in response to what students and faculty members tell us they want and need. Barnes & Noble has always worked to democratize books and reading and our approach was designed to deliver textbooks in a variety of formats and provide options that help lessen the financial impact on students in their quest for an education,” said Jade Roth, vice president of books and digital strategy at Barnes & Noble. “Not surprisingly, given the dramatic impact the current economy has had on higher education costs, finding ways to make college more affordable is on everyone’s mind. Our research shows that two-thirds of professors consider textbook pricing in selecting their coursework.”

No matter what format the student prefers, cost savings run deep with Barnes & Noble’s range of textbook options:

- Textbook Rentals. For students who don’t want to keep their books for future reference, rental textbooks are a popular option with savings of more than 50 percent.
- Used Books. Students who buy used textbooks save an immediate 25 percent, but their savings can jump to 75 percent if they sell those books back to their Barnes & Noble College bookstore at the end of term.
- eTextbooks. While still a relatively new option, more students are discovering the convenience, features and savings of up to 60 percent for going digital. As a result, eTextbook sales are expected to grow in popularity in the coming year.

Reinforcing the continuing importance of on-campus bookstores – even in the digital age – nearly 60 percent of eTextbook purchases were made in the Barnes & Noble College bookstore.  To learn more about the various textbook options available for students, visit your campus bookstore’s website www.bncollege.com/college.aspx.

NOOKs at More Campus Bookstores

The company is also expanding its offering of award-winning NOOK devices – including the All-New NOOK(TM) and NOOK Color(TM) – through all of its Barnes & Noble College campus bookstores.  The majority of its college bookstores will feature a NOOK display including demonstration units for local students, faculty and others to try and buy the company’s innovative NOOK products.  Other Barnes & Noble College bookstores will feature NOOK signage where booksellers can help customers order devices that will be shipped to the customer’s address.

“We’re excited to offer even more students and campus bookstore customers a way to explore our bestselling NOOK devices by showcasing our award-winning products in hundreds of our Barnes & Noble College bookstores,” added Roth. “When they’re not studying from their physical or digital textbooks, students will enjoy having easy access to their favorite books, newspapers, magazines and more on NOOK and NOOK Color, both featuring sleek, lightweight designs that won’t weigh them down. Students will particularly like the great tablet features NOOK Color offers including popular apps, e-mail and an enhanced Web experience.”

The All-New NOOK, the Simple Touch Reader(TM), offers long-lasting battery life of up to two months, the most advanced E Ink® Pearl display for a crisp, clean reading experience and a great social experience to share reading information and recommendations with friends, all for only $139. The highly acclaimed NOOK Color Reader’s Tablet(TM) is the best value on the tablet market at $249 and designed for those who love to read everything – books, enhanced books, magazines, newspapers and children’s books – all in rich, beautiful color. NOOK Color also offers a collection of high-quality apps, built-in e-mail and enhanced Web browsing – perfect for students to learn and stay connected through their studies.  Both products offer access to Barnes & Noble’s expansive catalog of more than 2 million titles – from new releases to bestsellers to classics. To learn more about NOOK products, visit www.nook.com.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE:BKS), the world’s largest bookseller and a Fortune 500 company, operates 705 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 636 college bookstores serving nearly 4.6 million students and faculty members at colleges and universities across the United States. Barnes & Noble is the nation’s top bookseller brand for the seventh year in a row, as determined by a combination of the brand’s performance on familiarity, quality, and purchase intent; the top bookseller in quality for the second year in a row and the number two retailer in trust, according to the EquiTrend® Brand Study by Harris Interactive®. Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web’s largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore(TM) (www.bn.com/ebooks). Through Barnes & Noble’s NOOK(TM) eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.

General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company’s corporate website: www.barnesandnobleinc.com.

NOOK(TM), NOOK Color(TM), NOOK Books(TM), NOOK Newsstand(TM), NOOK Books en Español(TM), VividView(TM), NOOK Friends(TM), AliveTouch(TM), LendMe(TM), ArticleView(TM), Daily Shelf(TM), NOOK Kids(TM), NOOK Study(TM), NOOK Developer(TM), ReadAloud(TM), NOOK Book Personal Shopping(TM), Read In Store(TM), More In Store(TM), Free Friday(TM), PubIt!(TM), Lifetime Library(TM), Read What You Love. Anywhere You Like(TM) and Touch the Future of Reading(TM) are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.

Follow Barnes & Noble on Twitter (www.bn.com/twitter), Facebook (http://www.facebook.com/barnesandnoble) and YouTube (http://www.youtube.com/user/bnstudio).

CONTACTS:
Mary Ellen Keating
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Carolyn J. Brown
Corporate Communications
Barnes & Noble, Inc.
(212) 633-4062
cbrown@bn.com