On May 5, 2009, Source Interlink Companies, Inc. (the "Company") received notice of a determination of the staff of the Nasdaq Listing Qualifications Department, in accordance with Nasdaq Marketplace Rules 5100, 5110(b), and IM-5100-1, to:

• delist the Company's common stock (trading symbol: SORC)

• suspend trading in the Company's common stock at the opening of business on May 14, 2009, and

• file a Form 25-NSE with the Securities and Exchange Commission removing the Company's common stock from listing and registration on The Nasdaq Stock Market.

The NASDAQ staff provided the following reasons for the delisting: the bankruptcy filing announced by the Company and the associated public interest concerns raised by it; concerns regarding the residual equity interest of the existing listed securities holders; and concerns about the Company's ability to sustain compliance with all requirements for continued listing on The Nasdaq Stock Market.

Additionally, the notice stated that the Company was not in compliance with Listing Rule 5250(c)(1) for continued listing because the NASDAQ staff has not received the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2009. The NASDAQ staff determined that, in view of the bankruptcy filing, it would not provide the Company an opportunity to submit a plan of compliance with respect to the delinquent filing. Accordingly, the filing delinquency serves as an additional basis for delisting the company's common stock on The Nasdaq Stock Market.

The Company does not intend to request a hearing with the Nasdaq Listing Qualifications Panel to appeal the proposed delisting.

A copy of the Company's press release announcing the receipt of the delisting notification is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits

Exhibit No.
              Description
99.1          Press release issued by Source Interlink Companies,
              Inc. on May 6, 2009.