Corgi International Limited Announces a License Agreement with EON Productions.

HONG KONG -- Corgi International Limited (Nasdaq GM:CRGI) today announced that it has entered into a Master Toy & Collectible Replica agreement with EON Productions. The agreement for the James Bond classic movie archive runs through 2010 and includes the forthcoming James Bond Movie due for release in 2008 and subsequent movies released during the course of the term.

This worldwide agreement will allow Corgi International to release both mass market product ranges as well as core collectables on innovative product lines that include, Action Figures, Vehicles, Electronic Roleplay, Die Cast, High Specification Remote Control released under the Popco brand and High end Replicas released under the world renowned Master Replicas branding, amongst other items in varying scales and formats.

Corgi International CEO Michael Cookson commented, "Corgi has had a long association with the James Bond license. As a licensee for over 40 years on Die Cast, we are pleased to have reached an agreement that uses our expertise in both the mass and collectable markets. We will begin to launch classic movie products and replicas before the 2008 movie release and will follow with innovative mass market lines. Corgi is proud to continue our association with the James Bond franchise."

Keith Snelgrove, SVP Global Business Strategy for EON Productions, also commented "We pride ourselves in the long-standing business relationships we have with many of our James Bond franchise partners. Corgi has been with us since the beginning, and we are excited to see the new range of both toys and prop replicas that Corgi International will bring to market in conjunction with our next film and beyond. "

About EON PRODUCTIONS

EON Productions/Danjaq, LLC, is owned by the Broccoli family and has produced twenty one James Bond films since 1962, including CASINO ROYALE. The James Bond films, produced by Michael G. Wilson and Barbara Broccoli, make up the most successful franchise in film history and include the recent blockbuster films GoldenEye, Tomorrow Never Dies, The World is Not Enough and Die Another Day. EON Productions and Danjaq, LLC, are affiliate companies and control all worldwide merchandising of the James Bond franchise.

About Corgi International

Corgi International develops and markets innovative, high-quality licensed and unlicensed pop culture collectibles, gifts and toys ranging from high-end movie and television prop replicas to lower price-point gifts and toys. The company holds licenses for pop culture collectibles, gifts and toys for many of the highest grossing film franchises of all time including Batman, Disney Classics, Harry Potter, James Bond, Pirates of the Caribbean, Star Trek, Spiderman 3, and Star Wars. The company is headquartered in Hong Kong, with offices in Walnut Creek, CA, Chicago, IL, and the United Kingdom.

Caution Regarding Forward-Looking Statements

Certain statements in this release are forward-looking, including statements concerning anticipated revenues and margins. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, without limitation, changes in market demand for Corgi International products, changes in economic conditions, dependence on certain customers and licensing partners, and other risks described in the company's annual report on Form 20-F for the fiscal year ended March 31, 2006 and the risk factors described in the Company's Form F-3 filed with the Securities and Exchange Commission on April 19, 2007. The company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.