ATLANTA HAWKS AND ALEX MERUELO
MUTUALLY AGREE TO TERMINATE AGREEMENT

ATLANTA (November 4, 2011) - The Atlanta Hawks and Alex Meruelo have mutually decided to terminate their agreement effective immediately, according to Atlanta Hawks owner, Bruce Levenson.

"The Atlanta Hawks are no longer for sale," he added. "We're excited to remain as owners of the Hawks and are committed to building on our string of four straight playoff appearances."

Due to the confidentiality requirement in the agreement, neither party can comment further.