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Best Buy to Open First Store in China; Will Locate in Shanghai's Premier Shopping District

SHANGHAI and MINNEAPOLIS, April 1, 2006 – Best Buy Co., Inc. (NYSE: BBY), the largest consumer electronics retailer in North America, today said that it plans to open its first Best Buy-branded store in Shanghai. The company said that it expects the store to occupy fourfloors of Jiang Shan Building in the Xu Jia Hui commercial area of Shanghai, the city’s premier shopping district.

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