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Borders Group Names Gary E. Baker Vice President Effective

PRESS RELEASE


January 2008

Borders Group, Inc. (NYSE: BGP) has named Gary E. Baker Vice President, IT Delivery Services, effective.

In his new position, Baker is responsible for the development and execution of IT strategic processes related to the delivery of technology as well as leading teams to ensure that business goals are met through delivery of necessary IT products and services, among other duties. The position reports to Borders Group Chief Information Officer Susan Harwood.

Prior to joining Borders Group, Baker served as Director, IT Transformation Services, at AlixPartners LLP in Southfield, Mich., where he specialized in global operations and IT governance, business process alignment, organizational change management, vendor management, strategic planning, application development and Internet-related technologies and Web services. Before AlixPartners, Baker was with EDS in Detroit for five years, where he was Managing Director and Process Executive-General Motors Global Purchasing and Supply Chain and Global Business Services. He also was a Partner in the Advanced Technology Group for Arthur Andersen LLP in Detroit for three years. Prior to that, he founded and was the Chief Executive Officer and Chairman of Online Technologies Corporation in Ann Arbor, an organization he started while he was serving as Chief Executive Officer of Baker Investment Group in Ann Arbor, a firm he started and led from 1980 through 1997. Baker is a co-host of the “Internet Advisor” radio program, which airs on WJR 760AM Saturdays from 5 p.m. to 7 p.m.

“Gary is recognized within the IT community as a seasoned leader with wide ranging experience marked by work with leading consultancies,” said Harwood. “We look forward to his leadership and contributions toward achieving our strategic goals."

“Technology is playing a significant role in helping Borders Group fulfill its key objectives,” said Baker. “I look forward to helping the company achieve its goals by maximizing IT effectiveness through the development and execution of IT strategic processes.”
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