HANCOCK FABRICS Bankruptcy News, Issue No. 1 press release

25 March 2007

(EMAILWIRE.COM, March 24, 2007) FAIRLESS HILLS, PA. -- Bankruptcy Creditors' Service, Inc., published Issue No. 1 of HANCOCK FABRICS BANKRUPTCY NEWS today. The 20-page newsletter contains stories with these headlines:

[00000] HOW TO SUBSCRIBE TO HANCOCK FABRICS BANKRUPTCY NEWS

[00001] BACKGROUND & DESCRIPTION OF HANCOCK FABRICS

[00002] HANCOCK FABRICS' BALANCE SHEET AS OF JANUARY 28, 2006

[00003] COMPANIES' PRESS RELEASE ANNOUNCING CHAPTER 11 FILING

[00004] HANCOCK FABRICS' CHAPTER 11 DATABASE

[00005] HANCOCK FABRICS' 30 LARGEST UNSECURED CREDITORS

[00006] DEBTORS' MOTION FOR $105,000,000 WACHOVIA DIP FINANCING

[00007] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL

[00008] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CASES

[00009] NYSE TO SUSPEND TRADING OF HANCOCK FABRICS COMMON STOCK

A copy of today's newsletter is available at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=HANCOCK|FABRICS at no charge. Copies of future issues will be available for purchase at BCSI's on-line newsstand for $45 per issue.

HANCOCK FABRICS BANKRUPTCY NEWS tracks the restructuring of HF Resources Inc, Hancock Fabrics Inc, Hancock Fabrics LLC, Hancock Fabrics of MI Inc and Hancockfabrics.com Inc.

How to Subscribe to HANCOCK FABRICS BANKRUPTCY NEWS

HANCOCK FABRICS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving HANCOCK FABRICS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=HANCOCK|FABRICS.

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