FOR IMMEDIATE RELEASE

WARNER BROS. CONSUMER PRODUCTS NAMES NECA, INC. MASTER TOY, GIFT AND SPECIALTY PRODUCTS LICENSEE FOR THE HARRY POTTER SERIES THROUGHOUT NORTH AMERICA, LATIN AMERICA AND ASIA PACIFIC

Burbank, Calif., July 26, 2006Warner Bros. Consumer Products announced today a multi-year licensing agreement that names NECA, Inc. the master toy, gift and specialty product licensee for the magical Harry Potter series throughout North America, Latin America and Asia Pacific.

New product is set to roll out in conjunction with Warner Bros. Pictures’ latest Harry Potter feature film installment, Harry Potter and the Order of the Phoenix, scheduled to hit theaters beginning in July 2007.

The company will develop a range of gifts, toys and specialty products including collectible action figures, plush, mugs, wall décor and more, all inspired by the characters, creatures and themes from the Harry Potter stories.

As the Harry Potter series has matured with each subsequent film, so has its audience. The assortment of products being created by NECA will therefore be geared to appeal to older, loyal fans that have followed the stories over the years, while still offering something for younger fans that are new to the series.

Harry Potter and the Order of the Phoenix

In Harry Potter and the Order of the Phoenix, Harry returns for his fifth year of study at Hogwarts and discovers that much of the wizarding community is in denial about the teenager’s recent encounter with the evil Lord Voldemort, preferring to turn a blind eye to the news that Voldemort has returned. Fearing that Hogwarts’ venerable Headmaster, Albus Dumbledore, is lying about Voldemort’s return in order to undermine his power and take his job, the Minister for Magic, Cornelius Fudge, appoints a new Defence Against the Dark Arts teacher to keep watch over Dumbledore and the Hogwarts students.

But Professor Dolores Umbridge’s Ministry-approved course of defensive magic leaves the young wizards woefully unprepared to defend themselves against the dark forces threatening them and the entire wizarding community. So, at the prompting of his friends Hermione and Ron, Harry takes matters into his own hands. Meeting secretly with a small group of students who name themselves “Dumbledore’s Army,” Harry teaches them how to defend themselves against the Dark Arts, preparing the courageous young wizards for the extraordinary battle that lies ahead.

About Warner Bros. Consumer Products

Warner Bros. Consumer Products, a Warner Bros. Entertainment Company, is one of the leading licensing and retail merchandising organizations in the world.

About NECA

NECA, Inc. is a recognized worldwide leader in the design, manufacture and marketing of fine collectible products. With headquarters in Hillside, New Jersey, NECA sells its products in more than 100 countries.

CONTACTS:

Erin Wolfman

Warner Bros. Consumer Products

818-954-3821

erin.wolfman@warnerbros.com

Carlene Counihan

NECA

908-686-3300

carlenec@necaonline.com

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HARRY POTTER, characters, names and related indicia are trademarks of and © Warner Bros. Entertainment Inc. Harry Potter Publishing Rights © JKR (s06).