Exhibit 99.1

                                 BARNES & NOBLE
                                  BOOKSELLERS

FOR IMMEDIATE RELEASE


           Media Contact:                      Investor Contact:
           Mary Ellen Keating                  Joseph J. Lombardi
           Senior Vice President               Chief Financial Officer
           Corporate Communications            Barnes & Noble, Inc.
           Barnes & Noble, Inc.                (212) 633-3215
           (212) 633-3323


              Barnes & Noble Enters Into New $850 Million Five-Year
                            Revolving Credit Facility

New York, NY (June 20, 2005)--Barnes & Noble, Inc. (NYSE: BKS), the world's
largest bookseller, today announced it has entered into an $850 million,
five-year revolving credit facility. The new facility replaces the company's
existing $400 million revolving credit facility, which was scheduled to expire
in May 2006. In addition, the company pre-paid in full and cancelled its $245
million term loan, which had been scheduled to mature in August 2009. Proceeds
from the new credit facility will be used for general corporate purposes,
including seasonal working capital needs. The new credit facility, which is
unsecured, contains terms that are substantially more favorable to the company,
including lower interest rates and fees, and more flexible covenants.

As a result, the company will record a second quarter non-cash after-tax charge
of $1.1 million, or approximately $0.02 per share, to write off unamortized
deferred financing fees. For the full year 2005, the refinancing should be
neutral to slightly accretive to earnings.

Banc of America Securities and JP Morgan co-led and arranged the $850 million
credit facility, which includes a syndicate of 18 banks.

ABOUT BARNES & NOBLE, INC.

Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller and a Fortune
500 company, operates 821 bookstores in 50 states. For the third year in a row,
the company is the nation's top retail brand for quality, according to the
EquiTrend(R) Brand Study by

Barnes & Noble, Inc.                                                      Page 2
June 20, 2005

Harris Interactive(R). Barnes & Noble conducts its online business through
Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites and
the number-one brand among e-commerce companies, according to the latest
EquiTrend survey. In addition to its retail operations, Barnes & Noble is one of
the largest book publishers in the world. Its subsidiary, Sterling Publishing,
publishes over 1,100 new titles a year and has an active list of over 5,000
titles. General information on Barnes & Noble, Inc. can be obtained via the
Internet by visiting the company's corporate Web site:
http://www.barnesandnobleinc.com.

SAFE HARBOR

This press release contains "forward-looking statements." Barnes & Noble is
including this statement for the express purpose of availing itself of the
protections of the safe harbor provided by the Private Securities Litigation
Reform Act of 1995 with respect to all such forward-looking statements. These
forward-looking statements are based on currently available information and
represent the beliefs of the management of the company. These statements are
subject to risks and uncertainties that could cause actual results to differ
materially. These risks include, but are not limited to, general economic and
market conditions, decreased consumer demand for the company's products,
possible disruptions in the company's computer or telephone systems, possible
work stoppages or increases in labor costs, possible increases in shipping rates
or interruptions in shipping service, effects of competition, possible
disruptions or delays in the opening of new stores or the inability to obtain
suitable sites for new stores, higher than anticipated store closing or
relocation costs, higher interest rates, the performance of the company's online
and other initiatives, the successful integration of acquired businesses, the
successful and timely completion and integration of the company's new New Jersey
distribution center, unanticipated increases in merchandise or occupancy costs,
unanticipated adverse litigation results or effects, product shortages, and
other factors which may be outside of the company's control. Please refer to the
company's annual, quarterly and periodic reports on file with the SEC for a more
detailed discussion of these and other risks that could cause results to differ
materially.

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