CINAR Corporation: Caillou Goes to Australia!

MONTREAL--Feb. 7, 2002-- CAILLOU� is set to charm Australian kids! CINAR and the Australian Broadcasting Corporation (ABC) are pleased to announce that they have signed a major multi-rights agreement on CAILLOU. ABC has purchased the rights to 65 episodes of 5 minutes of the popular animated preschool series, for television in Australia and for release on home video in Australia and New Zealand. The first episodes will begin airing in July 2002 on ABC for KIDS.

Also, ABC Merchandising & Events has been named the exclusive licensing agent for CAILLOU in Australia. A complete line of CAILLOU toys and games will be introduced at the Australian Toy Fair in Melbourne in March 2002. Video, books, toys and a whole lot more are scheduled to hit retail in September 2002.

"We are thrilled to welcome Caillou into the ABC family. This endearing property already has a proven track record as one of the top preschool entertainment franchises in the U.S. and Canada. We expect that this little four-year-old will also find a loyal following among Australian children, on and off the small screen," said Grahame Grassby, Acting Director of ABC Enterprises.

"CAILLOU couldn't have found a better home in Australia. The integrated ABC banner, which includes television, consumer products and retail divisions, will maximize the presence of the property in the marketplace," said Louis Fournier, Head of Distribution for CINAR Entertainment.

CAILLOU (pronounced KY-YOO) chronicles the adventures of a little boy as he bravely encounters the infinite miracles and dilemmas of four-year-old life. Named "one of the best new preschool series to come along in years" by Child Magazine, CAILLOU has won the hearts of children, parents and caregivers with his endearing adventures and gentle life lessons. With CAILLOU, growing up is the greatest adventure of all! The series consistently ranks among the top five preschool shows in the U.S and remains a flagship show on Canada's TeleTOON. Produced by CINAR in association with PBS, CAILLOU has also been picked up in over 75 countries. The series has garnered several prestigious Parents' Choice Awards and its website, www.caillou.com, receives nearly 1 Million total page views per week.

ABC for Kids is Australia's leading children's entertainment provider. From television to merchandise to theatrical events and the internet, children across Australia are constantly delighted, entertained and educated through the many worlds of ABC for Kids.

ABC Enterprises is the merchandising arm of the ABC. ABC Enterprises comprises of ABC Books, ABC Audio, ABC Music, ABC Video, ABC Events, ABC Licensing and ABC Retail. The activities division of ABC Enterprises combine to offer a powerful product presence.

CINAR Corporation is an integrated entertainment and education company involved in the development, production and worldwide distribution of non-violent, quality programming, licensing, merchandising and education products for children and families. CINAR's web site can be found at www.cinar.com.

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