EXHIBIT 99.1
Notice of Redemption of Affinity Group, Inc. 11 1/2% Senior Subordinated Notes
due 2003.
*CUSIP # 00826KAA5
NOTICE OF REDEMPTION
AFFINITY GROUP, INC.
11 1/2% Senior Subordinated Notes due 2003 (the "Notes") Issued pursuant to an
Indenture Dated as of October 29, 1993, as amended
NOTICE IS HEREBY GIVEN pursuant to the provisions of Section 3.1 of Article
III of the above-mentioned Indenture between Affinity Group, Inc. (the
"Company"), and United States Trust Company of New York, as Trustee (the
"Trustee"), through operation of the optional redemption provision set forth
in Paragraph 5 of the Notes the Company has called for redemption on December
18, 1998 (the "Redemption Date") all of the outstanding principal amount of
Notes at a redemption price of 104.313% plus accrued interest to the
Redemption Date of $20.125 per $1,000 principal amount of Notes (the
"Redemption Price").
Unless the Company defaults in making such redemption payment, on and after
December 18, 1998, interest on the Notes will cease to accrue.
For all purposes of the Indenture, the Notes called for redemption in
accordance with the foregoing will be deemed to be no longer outstanding from
and after December 18, 1998 and all rights with respect thereto, except as
stated herein, will cease as of the close of business on that same date.
On the Redemption Date, the principal amount of the Notes called for
redemption will become due and payable upon presentation of the Notes for
payment as indicated below.
IN ORDER TO RECEIVE THE REDEMPTION PRICE, NOTES CALLED FOR REDEMPTION MUST BE
SURRENDERED FOR PAYMENT AT ONE OF THE FOLLOWING LOCATIONS OF UNITED STATES
TRUST COMPANY OF NEW YORK, THE TRUSTEE AND PAYING AGENT:
BY HAND BY MAIL
------- -------
(8:30 AM to 4:30 PM)
United States Trust Company United States Trust Company
of New York of New York
111 Broadway P. O. Box 844
New York, New York 10006 Peter Cooper Station
ATTN: Lower Level New York, New York 10276-0844
BY OVERNIGHT COURIER
--------------------
United States Trust Company of New York
770 Broadway
New York, New York 10003
Attn.: Corporate Trust
For Notes presented and surrendered by mail, the use of Registered or Certified
Mail is suggested.
2.
Questions and requests for assistance may be directed to the Trustee and Paying
Agent at 1(800) 548-6565.
* No representation is made as to the correctness or accuracy of the CUSIP
number listed in this notice or printed on the Notes.
AFFINITY GROUP, INC.
By: UNITED STATES TRUST COMPANY
OF NEW YORK, Trustee
Dated: November 18, 1998
UNDER THE BACKUP WITHHOLDING PROVISIONS OF THE INTERNAL REVENUE CODE OF 1986
(THE "CODE"), WE WILL BE REQUIRED TO WITHHOLD THIRTY ONE PERCENT (31%) OF ANY
GROSS PAYMENT TO A HOLDER WHO FAILS TO PROVIDE US WITH A CERTIFIED TAXPAYER
IDENTIFICATION NUMBER (EMPLOYER IDENTIFICATION NUMBER OR SOCIAL SECURITY
NUMBER). PLEASE COMPLETE THE ENCLOSED CERTIFICATION (SUBSTITUTE FORM W-9)
(FOREIGN HOLDERS SHOULD COMPLETE FORM W-8) AND ATTACH IT TO THE NOTES BEING
PRESENTED FOR REDEMPTION. IF YOU ARE EXEMPT FROM BACK-UP WITHHOLDING UNDER
THE CODE, PLEASE PROVIDE YOUR TAX IDENTIFICATION AND SO INDICATE IN PART II
OF THE ENCLOSED FORM.
2