Helig-Meyers has appointed a joint venture of DJM AssetManagement, LLC and Trammell Crow Company (NYSE: TCC) as its agentto manage the disposition of the properties. Andy Graiser, a DJMprincipal, says the leaseholds are an opportunity for otherretailers and investors to acquire additional stores veryquickly.

Three different auctions dates will likely be set by thebankruptcy court, but bids are being accepted. All told, TrammellCrow and DJM are marketing 29 fee owned properties and 271leaseholds in freestanding and strip center stores in 26 states,ranging in size from 9,000 to 60,000 square feet, and twodistribution centers, from 286,000 to 400,00 square feet. Some 81properties are located in California, including two in Sacramentoand a dozen others scattered about the Northern Californiaregion.

Additional information including store photos, location maps andlease abstracts will be available at the joint venture's web site,www.heilig-meyersrealestate.com, beginning on September 20, 2000. Aproperty package order form can be obtained from the "fax ondemand" service at 619-682-1054. In addition, bid procedures may berequested from Deb O'Shaughnessy at Trammell Crow at 800-837-2709,and Emilio Amendola at DJM at 877-447-1050.