(EMAILWIRE.COM, January 28, 2002 ) Source Interlink Companies (NASDAQ: SORC), the leading provider of front-end management and manufacturing for retailers in North America, today announced it has appointed John D'Aloia to the newly created position of Executive Vice President, Chief Marketing Officer.

D'Aloia will direct Company-wide marketing efforts and manage all relationships with publishers and other front-end vendors including confectioners and general merchandise suppliers. In his new position, D'Aloia will interface with the Company's In-Store Services Division and Distribution Division management to identify corporate marketing objectives and develop strategies enabling the Company to meet those goals.

D'Aloia will report directly to Jim Gillis, Source Interlink president and chief operating officer, in the Company's New York office. "I am pleased that John has agreed to join the Source Interlink team in this new, key position. His relationships, thorough knowledge of the marketplace and proven ability to lead corporate marketing efforts will augment Source Interlink's ability to identify and serve new markets and customers as well as fine-tune and expand service options we offer to existing customers," Gillis said.

D'Aloia, 47, previously worked for Hearst Corporation where he held the office of Executive Vice President for Hearst Distribution Group since 1990, and simultaneously served as Senior Vice President of COMAG Marketing Group. Prior to that, he worked for Time Inc. Magazine Division of AOL Time Warner for 14 years where he held a variety of positions including New York Regional Sales Director for People Magazine.

"John's hands-on experience in the magazine publishing and distribution industries will be of tremendous benefit to Source Interlink as the Company continues to increase market share in the multi-billion dollar front-end checkout market," said Gillis.

About Source Interlink Companies

Through its In-Store Services Division, the Company is the leading provider of information and management services for retail magazine sales to U.S. and Canadian retailers and magazine publishers. Source Interlink is the category leader at the checkout counter. Services include fixture design, manufacturing, shipping through its freight company, salvage, and billing and collection of rebates paid by front-end vendors. The Division manufactures and/or manages checkout counters in more than 100,000 stores in North America that have a customer count of approximately 500 million consumers per week. From its core businesses, industry knowledge, and relationships with retailers, publishers, and vendors of mass merchandise products, Source Interlink has developed its ICN website that offers retailers and publishers proprietary sales information, a forum for communication, and e-commerce. The Manufacturing Division provides turnkey wood manufacturing and design to some of the nation's largest retailers.

The Company's Distribution Division is the leading direct-to-retail distributor of magazines to major book chains, independent retailers, and secondary retail outlets. A partial list of customers includes Barnes & Noble, B. Dalton booksellers, Borders, Waldenbooks, Babbages, Hastings Book, Music & Video and Tower Magazines/MTS, Inc. The Division also distributes to the Secondary Distribution Network, a market with net retail billing in excess of $250 million. Its 40% market share represents service of 1,600 magazine titles to more than 350 wholesalers who sell to over 35,000 retailers. Additional information is available at the Company's website, http://icn.sorc-info.com/.

This release contains certain forward-looking statements and information relating to Source Interlink that is based on the beliefs of Source Interlink's management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events and are subject to certain assumptions, including those described in this Release. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected. The Company does not intend to update these forward-looking statements prior to announcement of its fiscal 2002 results.

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Produced for Source Interlink Companies

Company Contact:

James Gillis
President and Chief Operating Officer
Source Interlink Companies
212-683-0376

Public Relations Contact:
Todd Fromer or Michael Cimini
KCSA Worldwide
212-682-6300

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Contact Information:
Source Interlink Companies
Joseph Nchor
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