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4Kids Entertainment Annual Shareholder Meeting; Shareholders Approve All Proposals.


Business Editors

NEW YORK--(BUSINESS WIRE)--May 23, 2003

4Kids Entertainment, Inc. (NYSE NYSE

See: New York Stock Exchange
:KDE (K Desktop Environment) A GUI-based user interface primarily for Unix and Linux machines, but also available for Windows and Mac. The source code is freely distributed and is maintained by developers around the world. ) announced today that shareholders approved all of the Company's proposals at the Company's Shareholder Meeting held in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, on May 23, 2003.

Shareholders approved the election of all six Board members, including Alfred R. Kahn
''"Al Kahn" redirects here. For the city in the United Arab Emirates, see Al Khan.


Alfred R. Kahn (born in New York City, New York U.S. in May 29 1947) is Chairman and CEO of 4Kids Entertainment, a New York Stock Exchange-listed company that is a global
, Joseph P. Garrity, Jay Emmett and Steven M. Grossman, Michael Goldstein and Richard Block.

The shareholders also approved the proposed 2003 stock option plan. The 2003 plan authorizes the issuance not later than December 31, 2013 of options to purchase up to 600,000 shares of 4Kids common stock.

In other business, the shareholders ratified the appointment of Deloitte & Touche LLP LLP - Lower Layer Protocol  as auditors.

About 4Kids Entertainment, Inc.

Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 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; product development; television, film, music and home video production and distribution; media buying and planning; and Web site development. For further information, please visit the company's Web site at www.4KidsEntertainment.com.

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.

This release and prior releases are available on the Company's Worldwide Web site at www.4KidsEntertainment.com.
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Publication:Business Wire
Date:May 23, 2003
Words:253
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