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US' Dick's & Foot Locker report preliminary merger election results

As further described in the election materials and in the parties&#**; proxy statement/prospectus dated July **, ****, each Foot Locker shareholder was entitled to elect to receive, for each share of Foot Locker common stock held prior to the closing of the Merger, either (i) $**.** in cash (the "cash consideration") or (ii) *.**** shares of DICK&#**;S Sporting Goods common stock (the "stock consideration"). Foot Locker shareholders who failed to make a proper election by the Election Deadline will receive cash consideration for their shares of Foot Locker common stock.  Foot Locker shareholders who otherwise would have received a fractional share of DICK&#**;S Sporting Goods common stock upon an election for stock consideration will receive cash in lieu of such fractional share.  The election was not subject to a minimum or maximum amount of cash consideration or stock consideration.

Based on available information as of the Election Deadline, the preliminary results of the election were: