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Hamleys PLC (HVTB)

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Friday 28 February, 2003

Hamleys PLC

Re Agreement

Hamleys PLC
28 February 2003



Hamleys PLC


Hamleys PLC ('Hamleys') and Build-A-Bear Workshop, Inc. ('Build-A-Bear
Workshop') have reached a settlement agreement with respect to Build-A-Bear
Workshop's claims of copyright and related infringement. The terms of the
settlement agreed by Hamleys and Build-A-Bear Workshop will remain confidential
and are satisfactory to both parties.


Hamleys will continue to focus on exploiting and growing the current Bear
Factory retail concept, both domestically and internationally. There are
currently 35 Bear Factory stores of which 5 are overseas franchise stores.


Hamleys will incur costs of no more than £200,000 which is in respect of net
legal costs arising from this action.


For Further Information, please call:

Hamleys plc             Simon Burke                           020 7479 7316
Brunswick               Rebecca Blackwood                     020 7404 5959
                        Melissa McVeigh




                      This information is provided by RNS
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