(HAST) to Hold 24th Annual Madge Marmaduke Scholarship Golf Tournament

AMARILLO, Texas, May 24, 2013 /PRNewswire/ — Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment superstore retailer, will hold its 24^th annual Madge Marmaduke Scholarship Golf Tournament on Thursday, May 30,2013 at the Ross Rogers Golf Club in Amarillo. This year 212 golfers, each of whom has donated to the scholarship fund, are expected to compete in this year’s tournament. All proceeds will go into the Madge Marmaduke Scholarship Fund which provides scholarship funds for employees or employee’s family members, who otherwise might not be able to attend college. Since its commencement in 1990, the Madge Marmaduke Scholarship Fund has awarded 175 four-year scholarships totaling over $1,000,000.

The Madge Marmaduke Scholarship, originally established by Madge Marmaduke in 1990, is a merit program with the goal of providing an opportunity for tuition assistance to hardworking, deserving students whose past performance in all areas point to continued academic success.  Students who might not qualify for other academic scholarships are encouraged to apply, as extracurricular activities, volunteer work, work history, ability to communicate, recommendations and financial need, in addition to academic records and test scores, are all considered when evaluating candidates for the scholarship award.

About Hastings
Founded in 1968, Hastings Entertainment, Inc. is a leading multimedia entertainment retailer that combines the sale of new and used books, videos, video games and CDs, as well as trends and consumer electronics merchandise, with the rental of videos and video games in a superstore format.  We currently operate 134 superstores, averaging approximately 24,000 square feet, primarily in medium-sized markets throughout the United States.  We also operate three concept stores, Sun Adventure Sports, located in Amarillo, Texas and Lubbock, Texas, and TRADESMART, located in Littleton, Colorado.

We also operate www.goHastings.com, an e-commerce Internet Web site that makes available to our customers new and used entertainment products and unique, contemporary gifts and toys.  The site features exceptional product and pricing offers.  The Investor Relations section of our web site contains press releases, a link to request financial and other literature and access to our filings with the Securities and Exchange Commission.