updated 10/13/2010 7:47:21 PM ET 2010-10-13T23:47:21

Merrimack, N.H. – October 13, 2010. Brookstone Company, Inc. announced that it has executed a Supplemental Indenture amending the Indenture that governs its 12% Second Lien Senior Secured Notes due 2012 to eliminate all the covenants other than those requiring payment of principal and interest on the 2012 Notes when it is due, to eliminate all the Events of Default other than those relating to failure to pay principal and interest on the 2012 Notes when it is due, to release the collateral for the 2012 Notes, and to change the title of the 2012 Notes to “12% Unsecured Notes due 2012.”

These amendments will become operative when Brookstone pays for the 2012 Notes that are tendered in response to its offer to acquire 2012 Notes for cash (subject to proration) or in exchange for new 13% Second Lien Senior Secured Notes due 2014, which is expected to occur on or about October 25, 2010.

When the amendments effected by the Supplemental Indenture become operative, the 2012 Notes will be unsecured and the assets that secured the 2012 Notes, which are substantially all the assets of Brookstone and its subsidiaries, will secure the new 2014 Notes.

At 5:00 p.m. New York City time on October 12, 2010, $154,394,000 principal amount of 2012 Notes had been validly tendered in response to Brookstone’s Amended Offer and not withdrawn.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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