Lease Acknowledgment

Lease Agreement

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99 CENTS ONLY STORES | HKJ Gold, Inc

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Title: Lease Acknowledgment
Date: 4/2/2007
Industry: Retail (Specialty)

Lease Acknowledgment, Parties: 99 cents only stores , hkj gold inc

Exhib it 10.22

The Gold Family

March 22, 2007

To: 99¢ Only Stores

Each of (1) HKJ Gold, Inc., (2) 14139 Paramount Properties, (3) Howard Gold, Jeff Gold and Eric J. Schiffer and Karen R. Schiffer, (4) Howard Gold, Karen Schiffer and Jeff Gold dba 14901 Hawthorn Boulevard Partnership, (5) David & Sherry Gold, (6) 6135-6161 Atlantic Boulevard and (7) and Au Zone Investments #2, L.P., (the “Lessors”), hereby acknowledges that, to the extent that 99¢ Only Stores (the “Company”) did not pay rent increases as originally stipulated in the terms of the real property lease agreements between the Company and the Lessors set forth on Exhibit A hereto during calendar years 1995 through and including 2006, such amounts are not owing to the Lessors and the Lessors hereby waive any rights they may have, under such lease agreements or otherwise, to collect such amounts, or any related costs or other damages, from the Company, and fully and unconditionally release the Company from any claims for such amounts, costs or other damages.

HKJ Gold, Inc., a California Corporation

/s/ Jeff Gold		3/22/07
By Jeff Gold, President		Date:

14319 Paramount Properties, a California General Partnership

/s/ Jeff Gold		3/22/07
By Jeff Gold		Date:

Howard Gold, Jeff Gold and Eric J. Schiffer and Karen R. Schiffer

/s/ Howard Gold		/s/ Jeff Gold		/s/ Eric Schiffer		/s/ Karen Schiffer		3/22/07
Howard Gold		Jeff Gold		Eric Schiffer		Karen Schiffer		Date

Howard Gold, Karen Schiffer and Jeff Gold dba 14901 Hawthorne Boulevard Partnership

/s/ Howard Gold		/s/ Jeff Gold		/s/ Karen Schiffer		3/22/07
Howard Gold		Jeff Gold		Karen Schiffer		Date

David Gold & Sherry Gold

/s/ David Gold		/s/ Sherry Gold		3/23/07
David Gold		Sherry Gold		Date

6135-6161 Atlantic Boulevard Partnership

/s/ David Gold		/s/ Sherry Gold		3/23/07
David Gold		Sherry Gold		Date

Au Zone Investments #2, L.P.

	By Au Zone Investments #3, LLC

	/s/ Jeff Gold					3/22/07
	Jeff Gold, Authorized Representative					Date

The Gold Family/99¢ Only Stores/Lease Acknowledgment/Waiver

Exhibit A

March 22, 2007

99¢ Only Stores #0006 - Hawthorne, California

Lease dated April 1, 1994 between HKJ Gold, Inc., a California Corporation (the “Landlord”), and 99¢ Only Stores, a California Corporation (the “Tenant”), for that certain real property commonly known as 13023 Hawthorne Boulevard, Hawthorne, California, as Amended.

99¢ Only Stores #0014 - Maywood, California

Lease dated November 11, 1985 between Dave and Sherry Gold (Currently payable to 6135-6161 Atlantic Blvd. Partnership, a California General Partnership), (the “Landlord”) and 99¢ Only Stores, a California Corporation (the “Tenant”) for that certain real property commonly known as 6161 Atlantic Boulevard, Maywood, California, as Amended.

99¢

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