Lawrence Glascott has been our Chairman
of the Board of Directors since November 2005. Mr. Glascott has served as a director
of 99¢ Only Stores since 1996 where he currently serves on its Audit, Compensation
and Nominating and Corporate Governance Committees. From 1991 to 1996 he was the
Vice President — Finance of Waste Management International, an environmental services
company. Prior thereto, Mr. Glascott was a partner at Arthur Andersen LLP and
was in charge of the Los Angeles based Arthur Andersen LLP Enterprise Group practice
for over 15 years.