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The Boyds Collection Donates $1,000,000

August 14, 2002 - Gettysburg, Pa. - On September 29, 2002, The Boyds Collection Ltd. ® will donate $1,000,000 to The Starlight Children's Foundation®, an organization dedicated to brightening the lives of seriously ill children and their families. Each year, Boyds donates 100% of its profits from the sale of a resin figurine and a plush bear to Starlight. We proudly announce that with the sale of our third and newest resin figurine, created exclusively for Starlight, we've reached the one million dollar mark.

"The introduction of 'Joy Angeltouch and Everychild... Cherish Small Miracles,' part of Boyds' widely popular line of resin figurines, The Bearstone Collection,® couldn't have come at a better time," said Jean-André Rougeot, Boyds' CEO. "We are very excited to have reached the One Million dollar mark with Starlight and it seemed only fitting to honor everyone who has contributed to that large sum of money at the opening of Boyds Bear Country™," said Rougeot.

Each Starlight Bearstone® Boyds creates is bottom stamped with a special quote from a Starlight child. The "Joy Angeltouch" Bearstone®, is a 3" high angel bear plucking a star from the sky. A baby bear cub sits on the angel bear's lap and reaches for the star. The quote on the bottom of the piece reads, "You might not realize it, but you brighten our lives and help ease the pain that we all go through." - Starlight Child. Each Bearstone® also includes a special certificate with a message from The Folks at Boyds and is packaged in a box printed with a "thank you" from Boyds and Starlight. The suggested retail price of the Bearstone® is $18.00. It will be available at participating Boyds dealers for one year.

Founded in 1983 by actress Emma Samms and producer Peter Samuelson, the Starlight Children's Foundation® is now an international non-profit organization benefiting more than 100,000 seriously ill children each and every month. Starlight is dedicated to improving the quality of life for sick kids and their families by providing a large menu of both in-hospital and outpatient programs and services. Working with over 650 hospitals, Starlight is on the cutting edge of developing and providing distractive entertainment therapy to ease the pain and isolation that children experience while hospitalized.

Boyds will donate 50 Starlight Fun Centers, mobile entertainment units consisting of a TV, VCR and Nintendo 64 game unit that can be wheeled right up to a child's bedside, to hospitals across the country. The Starlight Fun Centers will be donated in the names of qualifying Boyds dealers to the stores' hospitals of choice. The top ten dealers will also be given the opportunity to donate a Starlight child's wish. Another way Boyds helps out Starlight is by funding Starlight sites at hospitals across the country. A Starlight Site is a thematic, fantasy playroom in the hospital where children can escape the rigors of treatment to play, read and watch movies. A 'Sherwood Forest' themed lobby is due to open September 25, 2002 at the Johns Hopkins Children's Hospital in Baltimore, Maryland and another Starlight Site is in the works for a Boston, Massachusetts hospital.

"The Boyds family takes great pride in our ability to make a hospital stay more comfortable and tolerable for tens of thousands of children," said Rougeot. "In working with Starlight, we've all become aware of the painful situations that many ill children in hospitals and outpatient programs and their families face. We wish for them to take comfort in knowing that each and every Boyds employee and the wonderful people at Starlight care and want to provide the children with entertainment and activities and a place to play. That's why we've decided to donate all of our profits - every penny we earn - from the "Joy Angeltouch" Bearstone to the deserving children that Starlight benefits."

The Boyds Collection Ltd.® is a leading domestic designer, importer and distributor of branded (ouch!), high quality, handcrafted collectibles and other specialty giftware products. Boyds sells its products through a large and diverse network of independent gift and collectibles retailers, high-end department stores, selected catalogue retailers and other electronic and retail channels. Boyds crafts affordably priced, high quality, "Folksy with Attitude" collectibles. The Boyds Collection Ltd.® is based in Gettysburg, Pennsylvania and is a publicly traded company (NYSE symbol: FOB).

For more information, visit www.Boydsstuff.com and www.Starlight.org.

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