Movie Gallery Opens 2,500th Store

Movie Gallery Opens 2,500th Store

Ribbon Cutting Ceremony to be Held at Movie Gallery's Newest Store Location in Jacksonville, Texas

DOTHAN, Ala., March 7 /PRNewswire-FirstCall/ -- Movie Gallery, Inc. (NASDAQ:MOVI), the nation's third-largest video rentailer, today announced another significant milestone in the Company's 20-year history. The official opening of Movie Gallery's 2,500th location will be celebrated at 11:00 a.m. Central today. A ribbon cutting ceremony will be held at the new store, located at 1601 Jackson Street, Jacksonville, Texas.

Several senior executives from Movie Gallery plan to attend along with Fran Bachelor, the Store Manager. The Mayor of Jacksonville, Kennth Durrect, will also attend the celebration as will a number of other representatives of the local Chamber of Commerce.

Movie Gallery's Chairman and Chief Executive Officer, Joe Malugen, said, "Today is a great day for Movie Gallery and a testament to the significant accomplishments of our 20,000 associates. I appreciate the contributions of all of our associates, and I recognize that Movie Gallery is a success in large part due to their hard work and dedication. I also want to thank all of Movie Gallery's vendor partners, the city of Jacksonville, Texas, and most importantly, our loyal customers."

"Movie Gallery has a proven track record of profitable growth through acquisition and expansion. In 2005 we will continue with our successful strategy of opening new stores in both the rural and surburban markets," Mr. Malugen concluded.

Movie Gallery, was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Alabama. Through various acquisitions and new store openings, Movie Gallery celebrated its 2000th store opening in 2003.

About Movie Gallery

Movie Gallery, Inc. is the third-largest company in the specialty video retail industry based on revenues and the second-largest in the industry based on stores. As of December 31, 2004, Movie Gallery owned and operated 2,482 stores located primarily in the rural and secondary markets throughout North America, including over 200 stores in Canada. Since the company's initial public offering in August 1994, Movie Gallery has grown from 97 stores to its present size through acquisitions and new store openings. For more information about the Company, visit us at http://www.moviegallery.com/.

Contact: Financial: Thomas Johnson
(334) 702-2400

Media: Ted Innes
(334) 702-2458

Source: Movie Gallery, Inc.

CONTACT: Financial: Thomas Johnson, +1-334-702-2400, or Media: Ted
Innes, +1-334-702-2458, both for Movie Gallery, Inc.

Web site: http://www.moviegallery.com/

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