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Non-Tech : JAKKS Pacific (JAKK) -- Ignore unavailable to you. Want to Upgrade?

To: Todd D. Wiener who wrote (233)	11/5/1999 9:04:00 AM
From: JakeStraw	Respond to of 371

JAKKS Pacific Inc. Announces Offering MALIBU, Calif.--(BUSINESS WIRE)--Nov. 5, 1999--JAKKS Pacific Inc. (Nasdaq/NM:JAKK - news) today announced that it has filed a Registration Statement with the Securities and Exchange Commission for a proposed public offering of 2,700,000 shares of common stock, plus an underwriters' over-allotment option of up to 405,000 shares. Of the total shares offered, 2,200,000 shares will be sold by the company and the remaining 500,000 shares will be sold by selling stockholders. The over-allotment option relates to 330,000 shares to be sold by the company and 75,000 shares to be sold by selling stockholders. The offering is being made through an underwriting group managed by Donaldson, Lufkin & Jenrette, Advest Inc., Morgan Keegan & Company Inc., and DLJdirect Inc. A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. JAKKS Pacific is a multi-line, multi-brand toy company that designs, develops, produces and markets toys and related products, including (1) action figures and accessories featuring licensed characters, principally from the World Wrestling Federation®, (2) Flying Colors® molded plastic activity sets, clay compound playsets and lunch boxes, (3) Road Champs® die-cast collectible and toy vehicles and Remco® toy vehicles and role-play toys and accessories, (4) Child Guidance® infant and pre-school electronic toys, toy foam puzzle mats and blocks, activity sets and outdoor products and (5) fashion and mini dolls and related accessories. ''Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties and assumptions. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual future results or events may vary materially from those described herein. ------------------------------------------------------------------------ Contact: JAKKS Pacific Inc. Stephen Berman, 310/456-7799 or Silverman Heller Associates Philip Bourdillon/Eugene Heller, 310/208-2550