4Kids Entertainment Home Video Announces New Releases

Dueling In January -
The First Volumes Of YU-GI-OH! Season 2,
More TEENAGE MUTANT NINJA TURTLES
And The First CUBIX Home Video Release


New York, NY (January 13, 2004)-4Kids Entertainment Home Video, Inc., the home video unit of 4Kids Entertainment, Inc., (NYSE: KDE) in association with FUNimation, will release five all-new animated action titles in January 2004:

* January 27, 2004 - YU-GI-OH! Season 2 Volume 1: The Mystery Duelist and Season 2 Volume 2: Obelisk The Tormentor
* January 13, 2004 - TEENAGE MUTANT NINJA TURTLES Volume 5: Notes From The Underground - Monsters Unleashed and Volume 6: Shredder Strikes Back
* January 13, 2004 - CUBIX: The Search For Solex

These action-packed videos will be available at retail and at the 4Kids Entertainment Home Video Web site (www.4KidsHomeVideo.com) in both DVD and VHS formats.

YU-GI-OH!: The Mystery Duelist and Obelisk The Tormentor feature the first seven episodes of the second season of the hit television series airing on Kid's WB! Yugi returns with some new cards up his sleeve, ready to take on ancient monsters that are bigger and badder than ever before.

TEENAGE MUTANT NINJA TURTLES: Notes From The Underground - Monsters Unleashed and Shredder Strikes Back continue the action-packed adventures of the sewer-dwelling turtles with seven more exciting episodes from the all-new TMNT series, now in its second season on the FOX BOX, 4Kids Entertainment's weekend morning four-hour program block. 4Kids recently licensed the U.S. cable television rights of the first 40 episodes of the TEENAGE MUTANT NINJA TURTLES to Cartoon Network, which will add the animated series to its lineup beginning Spring 2004. The FOX BOX will continue airing all first-run broadcasts of new episodes.

The all-new TEENAGE MUTANT NINJA TURTLES series features the same cool characters, stunning ninja action and irreverent humor that sparked TMNT mania more than a dozen years ago, but updated and enhanced with an edgier, tougher look and feel.

The first CUBIX home video release - The Search For Solex - is a direct to home video adventure that pits 13-year-old Connor and his robot pals against the evil Dr. K in a battle to seize Solex, a mysterious power-given substance. CUBIX is a colorful 3D-CGI animated series with action, adventure and hundreds of cool robots that airs on the FOX BOX.


YU-GI-OH!
TITLE: SEASON 2 VOLUME 1: The Mystery Duelist
Episode 150: The Mystery Duelist Part 1
Episode 151: The Mystery Duelist Part 2
Episode 152: The Past Is Present
Episode 153: Steppin' Out
RUNNING TIME: 80 minutes
RATING: Not-rated
SRP VHS/DVD: $9.98/ $14.98
PRE-BOOK: December 23, 2003
STREET DATE: January 27, 2004

TITLE: SEASON 2 VOLUME 2: Obelisk The Tormentor
Episode 154: Obelisk The Tormentor
Episode 155: Stalked By The Rare Hunters
Episode 156: Yugi Vs. Rare Hunter - Part I
RUNNING TIME: 60 minutes
RATING: Not-rated
SRP VHS/DVD: $9.98/ $14.98
PRE-BOOK: December 23, 2003
STREET DATE: January 27, 2004

TEENAGE MUTANT NINJA TURTLES
TITLE: VOLUME 5: Notes From The Underground - Monsters Unleashed
Episode 13: Notes From The Underground - Part 1
Episode 14: Notes From The Underground - Part 2
Episode 15: Notes From The Underground - Part 3
RUNNING TIME: 60 minutes
RATING: Not-rated
SRP VHS/DVD: $12.95/ $16.95
PRE-BOOK: December 9, 2003
STREET DATE: January 13, 2004

TITLE: VOLUME 6: Shredder Strikes Back
Episode 16: The King
Episode 17: Shredder Strikes Back - Part 1
Episode 18: Shredder Strikes Back - Part 2
Episode 19: Tales Of Leo
RUNNING TIME: 80 minutes
RATING: Not-rated
SRP VHS/DVD: $12.95/ $16.95
PRE-BOOK: December 9, 2003
STREET DATE: January 13, 2004

CUBIX
TITLE: The Search For Solex
RUNNING TIME: Approximately 92 minutes
RATING: Not-rated
SRP VHS: $12.95
SRP DVD: $16.95
PRE-BOOK DATE: December 9, 2003
STREET DATE: January 13, 2004

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About 4Kids Entertainment
Headquartered in New York City with international offices in London, 4Kids Entertainment, Inc. (NYSE: KDE) is a global provider of children's entertainment and merchandise licensing. 4Kids, through its wholly owned subsidiaries, provides domestic and international merchandise licensing; television, film, music and home video production and distribution; media planning and buying; product development; and Web site development. For further information, please visit the company's Web site at www.4KidsEntertainment.com.

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This press release contains forward-looking statements. Due to the fact that 4Kids Entertainment, Inc., faces competition from toy companies, television networks, motion picture studios and other licensing companies, and the uncertainty of public response to the Company's properties, actual results or outcomes may differ materially from any such forward-looking statements.