Circuit City Liquidation Agreement

Gregg M. Galardi, Esq.Ian S. Fredericks, Esq.SKADDEN, ARPS, SLATE, MEAGHER & FLOM,LLPOne Rodney SquarePO Box 636Wilmington, Delaware 19899-0636(302) 651-3000- and -Chris L. Dickerson, Esq.SKADDEN, ARPS, SLATE, MEAGHER & FLOM,LLP333 West Wacker DriveChicago, Illinois 60606(312) 407-0700Counsel to the Debtors andDebtors in Possession

Dion W. Hayes (VSB No. 34304)Douglas M. Foley (VSB No. 34364)MCGUIREWOODS LLPOne James Center901 E. Cary StreetRichmond, Virginia 23219(804) 775-1000

UNITED STATES BANKRUPTCY COURTEASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION

In re: ) Chapter 11)CIRCUIT CITY STORES, INC., ) Case No. 08-35653-KRHet al., ))) Jointly AdministeredDebtors. ))

NOTICE OF FILING OF AGENCY AGREEMENT BY AND BETWEENGREAT AMERICAN GROUP WF, LLC, HUDSON CAPITAL PARTNERS, LLC,SB CAPITAL GROUP, LLC, AND TIGER CAPITAL GROUP, LLC ANDCIRCUIT CITY STORES, INC., CIRCUIT CITY STORES WEST COAST, INC., AND CICCUIT CITY STORES, INC.’SOTHER DIRECT AND INDIRECT SUBSIDIARIESPLEASE TAKE NOTICE

that on January 16, 2009, the above-captioned debtors and debtors-in-possession (the “Debtors”)filed an Agency Agreement by and between Great American GroupWF, LLC, Hudson Capital Partners, LLC, SB Capital Group, LLC,and Tiger Capital Group, LLC and Circuit City Stores, Inc.(“CCI”), Circuit City Stores West Coast, Inc., and CCI’s otherdirect and indirect subsidiaries.

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Dated: January 16, 2009Richmond, VirginiaSKADDEN, ARPS, SLATE, MEAGHER &FLOM, LLPGregg M. Galardi, Esq.Ian S. Fredericks, Esq.P.O. Box 636Wilmington, Delaware 19899-0636(302) 651-3000- and –SKADDEN, ARPS, SLATE, MEAGHER &FLOM, LLPChris L. Dickerson, Esq.333 West Wacker DriveChicago, Illinois 60606(312) 407-0700- and –MCGUIREWOODS LLP/s/ Douglas M. Foley .Dion W. Hayes (VSB No. 34304)Douglas M. Foley (VSB No. 34364)One James Center901 E. Cary StreetRichmond, Virginia 23219(804) 775-1000Counsel for Debtors and Debtorsin Possession

AGENCY AGREEMENT

This Agency Agreement (the "Agreement") is made as of this 15th day of January, 2009 by and between Great American Group WF, LLC, Hudson CapitalPartners, LLC, SB Capital Group, LLC, and Tiger Capital Group, LLC (collectively, the"Agent") and Circuit City Stores, Inc., a Virginia corporation ("CCI"), Circuit City StoresWest Coast, Inc., a California corporation, and CCI's other direct and indirect subsidiaries(collectively, "Merchant") that are debtors in possession in chapter 11 bankruptcy cases jointly administered under Case No. 08-35653 (KRH) (E.D. Va.) (collectively, the"Chapter 11 Cases") and with a principal place of business at 9950 Mayland Drive,Richmond, Virginia 23233.RECITALSWHEREAS, Merchant desires that Agent act as Merchant’s exclusive agent forthe purpose of conducting a sale (the "Sale") of all of the Merchandise (as hereinafterdefined) located in 567 retail store locations ("Stores") and distribution centers set forthon Exhibit 1 (each a "Closing Location," and collectively the “Closing Locations”).NOW THEREFORE, in consideration of the mutual covenants and agreementsset forth herein, and for other good and valuable consideration, the receipt andsufficiency of which is hereby acknowledged, Agent and Merchant hereby agree asfollows:Section 1.

Defined Terms. The terms set forth below are defined in theSections referenced of this Agreement:Defined Term

Section Reference

Additional Stores Section 21Agency Account Section 7.2(a)Agency Documents Section 12.1(b)Agent PreambleAgent Claim Section 13.5Agent Letter of Credit Section 3.3(b)Agent’s Fee Section 3.2Agent Indemnified Parties Section 14.1Agreement PreambleApproval Order Section 2.1Benefits Cap Section 4.1(b)Central Service Expenses Section 4.1Chapter 11 Cases PreambleClosing Locations RecitalsCost File Section 5.3(a)Cost Value Section 5.3(a)Defective Merchandise Section 5.1(b)Designated Merchant Section 7.2(b)

GAG January 15, 2009