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To: Frost Byte who wrote (106919)	11/2/1999 8:31:00 AM
From: SpinCity1	Read Replies (2) \| Respond to of 119973

ZNDT 400K Float SAN FRANCISCO--(BUSINESS WIRE)--Nov. 2, 1999--Zindart Limited (Nasdaq:ZNDT.O), creator, producer and marketer of high-quality die-cast replica scale models and injection-molded collectibles, quality books and specialty packaging, today announced that Hallmark Cards (HK) Limited awarded Zindart the "Preferred Quality Supplier" status for all Deco-plastic, Die-casting items and Magic Ornament. Hallmark cites "the achievement is a significant milestone for Zindart Ltd." The certification required stringent testing and inspection for safety and regulatory standards; for equipment calibration; and on the packing materials, heavy metal analysis on paints, inks, and surface coating materials used in the manufacturing process. To ensure excellent performance, Hallmark also mandated completion of detailed quality control manuals, inspection worksheets and testing documentation. Zindart's Chief Executive Officer, Alex Ngan, stated, "The growth of our business is an indication of our superior OEM turnkey capabilities and it is gratifying to receive recognition from a market leader like Hallmark. At Zindart we command and follow very detailed quality controls in all of our facilities. And as a global company, we are proud of our manufacturing standards as well as our superior work environment and safety controls." Zindart provides turnkey OEM for well-known, successful global consumer companies. Zindart's superior OEM process enables the company to satisfy customers' requirements at every stage of production, including component-sourcing, product engineering, model-making, computer-aided mold design and production, manufacturing and packaging. This coordinated, one-stop production (i) shortens lead times from design to production, (ii) reduces manufacturing processes and (iii) increases efficiency, resulting in lower per-unit costs. Zindart recently acquired Corgi Classics Limited, the marketer of the premier Corgi brand of collectible replica scale model cars, trucks, buses and planes which benefits from Zindart's timely, cost-effective production and offers Zindart greater distribution opportunities. Certain statements in this release are forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, in addition to those discussed above and without limitation, changes in market demand for the Company's products, changes in economic conditions, dependence on certain customers and other risks described in the Form 10-K for the fiscal year ended March 31, 1999. The company undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. For more information about Zindart or Corgi, please see the web sites at www.zindart.com and www.corgi.co.uk. --30--pb/sf* jar/sf CONTACT: Zindart Limited Feather Fok, 11-852-2256-6666 (Chief Financial Officer) Investor@zindart.com or Lippert/Heilshorn & Associates Lillian Armstrong, 415/433-3777 lillian@lhai-sf.com Kirsten Chapman, 415/433-3777 or A. Lavin Communications Andrew Lavin, 212/290-9540 andrewlavin@alavin.com Rita Blomberg, 212/290-9540 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD PUBLISHING RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1999, Business Wire