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UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE Chapter 11 In re Case No.: 16-11452 (KJC) DRAW ANOTHER CIRCLE, LLC, et al.,

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(Jointly Administered) Debtors. Re: Docket Nos. 16 & 260

NOTICE OF SUCCESSFUL BIDDER AND AIRCRAFT SALES AGREEMENT PLEASE TAKE NOTICE that on June 13, 2016, the above-captioned debtors and debtors in possession (the “Debtors”) filed the Debtors’ Combined Motion for Entry of Orders (I) Establishing Bidding and Sale Procedures; (II) Approving the Sale of Assets; and (III) Granting Related Relief [Docket No. 16] (the “Sale Motion”)2 seeking to sell certain of their assets through a sale pursuant to section 363 of the Bankruptcy Code. PLEASE TAKE FURTHER NOTICE that, on July 6, 2016, the United States Bankruptcy Court for the District of Delaware (the “Court”) entered the Order (I) Approving Bid and Sale Procedures, (II) Approving Certain Bidding Protections, (III) Approving the Form and Manner of Notice of the Sale and Assumption and Assignment of Executory Contracts and Unexpired Leases and (IV) Scheduling an Auction and Sale Hearing [Docket No. 260] (the “Bid Procedures Order”). Pursuant to the Bid Procedures Order, the Debtors entered into that certain Aircraft Sales Agreement (the “Aircraft Sales Agreement”) seeking to

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The Debtors and the last four digits of their respective federal taxpayer identification numbers are as follows: Draw Another Circle, LLC (2102); Hastings Entertainment, Inc. (6375); MovieStop, LLC (9645); SP Images, Inc. (7773); and Hastings Internet, Inc. (0809). The Debtors’ executive headquarters are located at 3601 Plains Boulevard, Amarillo, TX 79102. 2

Capitalized terms used but not defined herein shall have the meanings given to them in the Sale Motion.

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sell one 1984 Cessna 441 – Conquest II, Serial Number – C441-0331, Registration number N68HS (the “Aircraft”). PLEASE TAKE FURTHER NOTICE that the Debtors, in consultation with counsel to the Official Committee of Unsecured Creditors, Bank of America N.A., and Pathlight Capital, LLC, have determined that the Successful Bidder with respect to the Aircraft is DLB Enterprises LLC. A copy of the Aircraft Sales Agreement with the Successful Bidder is attached hereto as Exhibit A. The Debtors will seek approval from the Court of the sale of the Aircraft at the Sale Hearing, which is scheduled to commence on July 22, 2016 at 11:00 a.m. (prevailing Eastern Time). Dated: July 21, 2016 Wilmington, Delaware

Respectfully submitted, /s/ Chantelle D. McClamb Christopher M. Samis (No. 4909) L. Katherine Good (No. 5101) Chantelle D. McClamb (No. 5978) WHITEFORD, TAYLOR & PRESTON LLC The Renaissance Centre, Suite 500 405 North King Street Wilmington, Delaware 19801 Telephone: (302) 353-4144 Email: [email protected] [email protected] [email protected] Proposed Counsel for the Debtors and Debtors in Possession

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EXHIBIT A Aircraft Sales Agreement

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UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE ...

Jul 21, 2016 - NOTICE OF SUCCESSFUL BIDDER AND AIRCRAFT SALES AGREEMENT. PLEASE TAKE ... and Hastings Internet, Inc. (0809). The Debtors' ...

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