Press Release

South Eastern Book Co. Announces $10 Million Equity Investment in College Book Renter

South Eastern Book Co. ("South Eastern Book" or "SEB") today announced that it is making an equity investment in College Book Renter ("CBR" or the "Company"). The $10 million Series A investment is in the form of equity funding from SEB. In addition, CBR recently secured $7.5 million in debt financing.With this $17.5 million, the two companies plan to work together to leverage SEB’s wholesaling and distribution capabilities to support and enhance CBR’s extraordinary growth in the textbook rental industry, while also maintaining SEB's current focus on providing affordable used textbooks to thousands of college bookstores around the country.

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Calendar of Events

September 2010

Tennessee Association of College Stores Annual Meeting
Nashville, TN     September 27-29


October 2010

Mid-States Association of College Stores
Overland Park, KS     October 3-5

Michigan Association of College Stores Annual Meeting
Marquette, MI       October 3-5

Rocky Mountain Skyline Bookstore Association
Colorado Springs, CO     October 5-7

Florida Association of College Stores Annual Meeting
Orlando, FL    October 6-8

Mountain States College Store Association Annual Meeting

Ogden, UT     October 11-13

South Carolina Association of College Stores Annual Meeting
North Myrtle Beach, SC     October 12-15

Wisconsin Association of College Stores Annual Meeting
Lacrosse, WI     October 13-15

Illinois Association of College Stores Annual Meeting
Bloomington, IL     October 17-19

Southwest College Bookstore Association Annual Meeting and Expo
Little Rock, AR     October 17-20

Ohio Association of College Stores 40th Anniversary Meeting
Columbus, OH  October 20-22

College Stores Association of North Carolina Annual Meeting
Winston-Salem, NC     October 24-27

Alabama College Bookstore Association
Auburn, AL     October 25-28

Northwest College Bookstore Association Annual Meeting
Tacoma, WA     October 25-28


November 2010

Georgia Association of College Stores - Young Harris
     November 3-4

Middle Atlantic College Stores Annual Meeting & Expo - 40th Anniversary
Lancaster, PA     November 6-9

California Association of College Stores and West Coast Expo
Sacramento, CA     November 7-10

Virginia College Stores Association Annual Meeting
Blacksburg, VA  November 18