99 Cents Only Stores Reports a 21.7% Increase in Net Income and a 20.3% Increase in EPS for the Year Ended December 31, 2002.

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99 Cents Only Stores Reports a 21.7% Increase in Net Income and a 20.3% Increase in EPS for the Year Ended December 31, 2002.

Business Editors

CITY OF COMMERCE, Calif.--(BUSINESS WIRE)--Feb. 4, 2003

99 Cents Only Stores Announces the Purchase of a Distribution

Facility in Houston, Texas, and Plans to Open Its First Texas

Stores in Houston in June 2003

99 Cents Only Stores(R) (NYSE:NDN) reported for the 2002 year net income of $59.0 million, an increase of 21.7% and earnings per share of $0.83, an increase of 20.3% over 2001. Earnings per share for the fourth quarter of 2002 were $0.28, vers...

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