Borders To Bring the Magic of Harry Potter to Patients at Morgan Stanley Children's Hospital of NewYork-Presbyterian Sat., July 16 at 10 a.m.

Borders Group CEO Greg Josefowicz will be on hand for event that brings the fun to kids who cannot attend in-store celebrations.

What:       As kids race to bookstores around the world to celebrate
            the release of "Harry Potter and the Half-Blood Prince,"
            Borders knows that not all kids will have the opportunity
            to attend "Midnight Magic" parties July 15 or get their
            hands on the new book at the stroke of midnight July 16.
            So, the global retailer is bringing the book and the fun
            to them. Specifically, Borders will bring the magic of
            Harry Potter directly to children at Morgan Stanley
            Children's Hospital of NewYork-Presbyterian with a
            donation of "Harry Potter and the Half-Blood Prince"
            books. Borders will also recreate its in-store "Midnight
            Magic" parties, including fun activities, face painting
            and other Harry Potter-related magic for children who
            would otherwise miss out on the fun. Borders Group CEO
            Greg Josefowicz will be on hand for the event.

When:       Saturday, July 16, 2005
            10:00 a.m. - 11:00 a.m. Eastern

Where:      Morgan Stanley Children's Hospital of NewYork-Presbyterian
            3959 Broadway (at 166th Street)
            Wintergarden
            New York City

Who:        --  Borders Group Chief Executive Officer Greg Josefowicz
            --  Terre Considine, Event Coordinator, Morgan Stanley
                Children's Hospital
            --  Children being treated at the hospital

Visuals:    Photo opportunities of patients enjoying the new Harry
            Potter book, participating in "Midnight Magic" activities
            and enjoying Harry Potter treats.