GTRC Guitar Center (MM)

Guitar Center, Inc. (Nasdaq:GTRC), will release second quarter 2006 earnings results on Tuesday, August 1, 2006 after the close of the day's trading. The Company will host a conference call and audio webcast, both open to the general public, on Tuesday, August 1, 2006 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The conference call may be accessed by dialing 800-627-7250 (Domestic), or 706-645-9246 (International). A replay will be available through Tuesday, August 8, 2006 by dialing 800-642-1687 (Domestic) or 706-645-9291 (International). The required pass code for the replay is 3125799. It usually takes one hour following the conference call to set up the recording. The live conference call and replay can be accessed via audio webcast at the investor relations section of the company's website, located at www.guitarcenter.com or www.earnings.com. An archive will be available for twelve months following the conclusion of the conference call. About Guitar Center Guitar Center is the leading United States retailer of guitars, amplifiers, percussion instruments, keyboards and pro-audio and recording equipment. Our retail store subsidiary presently operates 185 Guitar Center stores across the United States. In addition, our Music & Arts division operates 91 stores specializing in band instruments for sale and rental, serving teachers, band directors, college professors and students. We are also the largest direct response retailer of musical instruments in the United States through our wholly owned subsidiary, Musician's Friend, Inc., and its catalog and web site, www.musiciansfriend.com. More information on Guitar Center can be found by visiting the Company's web site at www.guitarcenter.com.