RadioShack Comments On Annual Shareholders Meeting Results

          RadioShack Comments On Annual Shareholders Meeting Results

PR Newswire

FORT WORTH, Texas, May 16, 2013

FORT WORTH, Texas, May 16, 2013 /PRNewswire/ -- RadioShack Corporation
released the following statement by its Board of Directors relating to the
shareholder vote at the annual shareholders meeting held earlier today:

"The RadioShack Board of Directors is pleased that our shareholders supported
the adoption of a new equity incentive plan for our employees, as well as the
election of Board nominees. The Board is disappointed in the result of the
vote on the advisory proposal to ratify executive compensation. We believe
this outcome reflects the Company's 2012 financial performance as well as
one-time payments required to be made by contract in connection with recent
management changes. We will review our executive compensation arrangements
and approach in light of the shareholder vote. We would also note that we
have recently brought on board a strong new senior leadership team, including
a new CEO, who we believe are taking immediate actions designed to transform
RadioShack and rebuild its position as a strong and vibrant retailer."

About RadioShack Corporation

RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile
technology products and services, as well as products related to personal and
home technology and power supply needs. RadioShack® offers consumers a
targeted assortment of wireless phones and other electronic products and
services from leading national brands, exclusive private brands and major
wireless carriers, all within a comfortable and convenient shopping
environment. RadioShack employs approximately 30,000 knowledgeable and
helpful sales experts globally. RadioShack's retail network includes more
than 4,300 company-operated stores in the United States, 270 company-operated
stores in Mexico, and approximately 1,000 dealer and other outlets worldwide.
For more information on RadioShack Corporation, please visit; to purchase items online, please visit RadioShack® is a registered trademark licensed by
RadioShack Corporation.

Forward-Looking Statements

This press release contains forward-looking statements, as referenced in the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements reflect current views and projections regarding economic
conditions, the retail industry environment and company performance. These
statements can be identified by the fact that they include words like
"believe," and other words with similar meaning. We specifically disclaim any
duty to update any of the information set forth in this press release,
including any forward-looking statements. These statements involve a number
of risks and uncertainties that could cause our actual results to differ
materially from the results discussed in our forward-looking statements.
Factors that could cause our actual results to differ materially from the
results discussed in our forward-looking statements include, but are not
limited to, our ability to execute and the effectiveness of our 2013
initiatives; the underperformance or loss of certain of our important vendors,
such as our wireless carrier providers, or breaches by them of our agreements
with them; an adverse impact on our sales or profitability due to changes
wireless carrier providers make to their customer credit requirements,
frequency of upgrade eligibility, or other operational matters, and the
timing, completeness, and accuracy of information we receive about such
changes; a decline in our gross margin due to customer demand for lower
margin mobile devices, such as smartphones and tablets; overall sales
performance; economic conditions; product demand; expense levels; competitive
activity; interest rates; changes in the company's financial condition;
availability of products and services and other risks associated with the
company's vendors and service providers; the regulatory environment; and other
factors affecting the retail category in general. Additional information
regarding these and other factors is included in the company's filings with
the SEC, including its most recent Annual Report on Form 10-K for the year
ended Dec. 31, 2012.

Analyst and Investor Contact: News Media Contact:
Bruce Bishop                  Media Relations
(817) 415-3400                (817) 415-3300

SOURCE RadioShack Corporation

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