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


Business Editors

NEW YORK--(BUSINESS WIRE)--May 24, 2002

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, on May 23, 2002.

Shareholders approved the election of all five 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, Joel I. Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, Jay Emmett and Steven M. Grossman.

The shareholders also approved the proposed 2002 stock option plan. The 2002 plan authorizes the issuance not later than December 31, 2012 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 and product development, television, film, music and home video production and distribution, media buying and planning and website 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, 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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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 24, 2002
Words:250
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