4Kids Entertainment Home Video Announces New TMNT's Release

4KIDS ENTERTAINMENT HOME VIDEO
ANNOUNCES NEW TEENAGE MUTANT NINJA TURTLES RELEASE

The TMNT Take Their Ninja Action Into Space


New York, N.Y. (April 21, 2004)-4Kids Entertainment Home Video, Inc., the home video unit of 4Kids Entertainment, Inc., (NYSE: KDE) in association with FUNimation, will release the next volume of the all-new TEENAGE MUTANT NINJA TURTLES home video series on May 18, 2004.

TEENAGE MUTANT NINJA TURTLES Volume 9: Turtles in Space will be available at retail and at the 4Kids Entertainment Home Video Web site (www.4KidsHomeVideo.com) in both DVD and VHS formats.

This latest home video release continues the action-packed adventures of the sewer-dwelling Turtles with a four-part mini-series from the all-new TEENAGE MUTANT NINJA TURTLES animated series. When it comes to adventure, the TMNT are out of this world ... literally. The TMNT take their ninja action into outer space as they go where no Turtle has gone before.

Now in its second season on 4Kids Entertainment's FOX BOX, 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. 4Kids recently licensed the U.S. cable television rights to the first 40 episodes of the TEENAGE MUTANT NINJA TURTLES to Cartoon Network, which added the series to its lineup on April 19, 2004. The FOX BOX will continue airing all first-run broadcasts of new episodes.

TEENAGE MUTANT NINJA TURTLES
TITLE: Volume 9: Turtles in Space
Episode 24: Turtles In Space - Part 1
Episode 25: Turtles In Space - Part 2
Episode 26: Turtles In Space - Part 3
Episode 27: Turtles In Space - Part 4
RUNNING TIME: 80 minutes
RATING: Not-rated
SRP VHS/DVD: $12.95/$16.95
PRE-BOOK: March 30, 2004
STREET DATE: May 18, 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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The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.