Claims against Consumer Electronics Company

Sale of claims owned by the TSAWD Holdings, Inc. (collectively, the “Circuit City Claims”) in In re Circuit City Stores, Inc., Bankruptcy Case No. 08-35653-KRH (Bankr. E.D. Va.).

Circuit City Claims
The Circuit City Claims consist of all of the Debtors’ right, title, and interest in two allowed general unsecured claims (Claim No. 6586 and Claim No. 12561) held by the Debtors in the Circuit City Bankruptcy Case, which is pending in the United States Bankruptcy Court for the Eastern District of Virginia. To date, the Debtors have received aggregate interim distributions totaling exactly 45 percent of the aggregated allowed amount of the Circuit City Claims (the “Interim Distributions”). To date, holders of other allowed general unsecured claims in the Circuit City Bankruptcy Case also recovered 45 percent of the aggregate amount of their respective claims.