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Non-Tech : MAT - Mattel - toysRthem
MAT 21.16+0.1%Dec 5 9:30 AM EST

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To: Neil H who wrote (143)5/7/1999 11:31:00 PM
From: Neil H  Read Replies (1) of 706
 
Friday May 7, 1:51 pm Eastern Time

Company Press Release

SOURCE: Mattel, Inc.

Shareholders Approve Merger of
Mattel and The Learning Company

LOS ANGELES, May 7 /PRNewswire/ -- Mattel, Inc. (NYSE:
MAT - news) and The Learning Company, Inc. (NYSE: TLC - news) today announced that
shareholders of both companies have voted to approve the merger of The Learning Company and
Mattel. Voting by shareholders occurred at separate meetings held today in Los Angeles, Calif., and
Cambridge, Mass.

The companies expect to complete the merger on May 13, 1999. Based on this closing date, it is
expected that each share of Learning Company common stock will be exchanged for 1.2 shares of
Mattel common stock.

SOURCE: Mattel, Inc.
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