12.366.2004 - Option Exercised to Purchase Additional Gateway Senior Convertible Notes

IRVINE, Calif., Dec. 31 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE: GTW) today announced that the initial purchasers of its 1.5 percent Senior Convertible Notes due 2009 and 2 percent Senior Convertible Notes due 2011 have exercised their option to purchase an additional $12.5 million aggregate principal amount of notes of each series. The closing in respect of the additional notes was completed on Dec. 31, 2004. - View Press Release - Visit Gateway, Inc.