"Rose Art's line of Holly Holly + Friends products are inspired with
creativity ," said Tamra Seldin, Senior Vice President, Consumer Products,
American Greetings Properties."
The Holly Hobbie brand was originally launched in 1967 by American
Greetings, and quickly became one of the best-selling properties, outselling
Raggedy Ann dolls in 1975 and becoming the No.7 billion in retail sales in 2004,
from such properties as SpongeBob SquarePants and Dora the Explorer.02
per share) for the fiscal year ended February 1, 2003.
Furthermore, the adjustment will not affect historical or future
cash flows or the timing of payments under related leases.

Year-end Conference Call

The Company will report its fourth-quarter and full year fiscal
2005 results on March 7, 2005 . In conjunction with the earnings
release, investors are invited to listen to the earnings conference
call to be broadcast live over the Internet at 4:30 PM Eastern time.

patterns craftspeople

, a
leader in the arts and crafts category and a subsidiary of Mega Bloks Inc. "We're taking
one of America's most beloved properties and applying her to the crafts
projects we know little girls love," he said.

About The Mega Bloks Group:

The Mega Bloks Group of companies, under the MEGA BLOKS and ROSE ART
brands , produces high quality construction and magnetic toy sets, arts and
crafts activities, stationery , school supplies, and writing instruments.

categorized crafter

Located in Cleveland, Ohio,
American Greetings generates annual net sales of approximately $2 billion. The company includes television programming and production
in the United States and around the world, plus consumer products, online,
recreation, books, magazines and feature films.
The impact on the Company's January 29, 2005 consolidated balance
sheet is expected to be an increase in property and equipment of $19. The
impact on the Company's January 31, 2004 consolidated balance sheet is
expected to be an increase in property and equipment of $15 .3 million, and
a decrease in retained earnings of approximately $5.joann.

shoppes promoters

For
more information on the Corporation, visit
http://corporate.

crafty crafter

Nickelodeon's U.

In prior periods, the Company's consolidated balance sheets have
reflected the unamortized portion of construction allowances from
landlords as a reduction of property and equipment instead of as a
deferred rent credit.

needlework otherwise

19 - Rose Art Industries, Inc.com.04 per share) and $0.

Something like this category page itself , in fact.

ivillage fairs

The impact of the corrections on the Company's consolidated
statements of operations is expected to be a reduction of net income
of approximately $0.8 million ($0.

allcrafts craftspeople

S. In addition, the Company's statements of cash
flows have reflected construction allowances as a reduction of capital
expenditures within cash flows from investing activities, rather than
cash flows from operating activities.0 million,
a decrease in deferred tax liability of approximately $3.

showrooms printmaking

Jo-Ann Stores Announces Changes in Lease Accounting

Business Editors

HUDSON, Ohio----Jo-Ann Stores, Inc.

fairs needlepointers

"We're thrilled to be part of the exciting launch of Holly Hobbie," said
Vito Amato, Vice President , Licensing and Marketing, Rose Art.5 million for the fiscal years ended January 29, 2005,
January 31, 2004 and February 1, 2003, respectively.

otherwise printmaking

As a
new leader in creative activities, The Mega Bloks Group provides kids,
caregivers and educators creative tools to play and learn together.4 million .6 million, $5.4
million and $0.

pattern allcrafts

"By partnering with Rose
Art, we're giving girls the opportunity to create everlasting memories through
craft projects, much in the same way Holly does with her friends in the
video," she said, noting that the first Holly Hobbie + Friends video will
debut on March 7, featuring LeAnn Rimes singing the theme song, "Twinkle in
Her Eye.

About American Greetings:

American Greetings Corporation (NYSE: AM) is one of the world's largest
manufacturers of social expression products.
The Company will file the revisions to its annual and interim
financial statements in its annual report on Form 10-K for the fiscal
year ended January 29, 2005.

printmaking mediums

"
"Holly Hobbie + Friends celebrates the pleasures of childhood, including
activities like sewing and scrap booking," said Sherice Torres, Vice
President, Nickelodeon + Viacom Consumer Products. 1 licensed character in the
world by 1980.americangreetings. Nickelodeon
and all related titles, characters and logos are trademarks of Viacom
International Inc.

Trademarks indicated by (R) and TM are owned by Mega Bloks or
Rose Art or are used under license.9 million , a
decrease in deferred tax liability of approximately $3. These
adjustments are expected to be approximately $6.

pattern fairs

American Greetings
is also the creator and owner of many celebrated character properties ,
including Strawberry Shortcake and Care Bears.

categorized stamping

2 million,
an increase in deferred rent of approximately $23.

shoppes crafter

The Company believed that its historical lease
accounting practices were appropriate under generally accepted
accounting principles.

patterns needlepointers

The deal was secured by Nickelodeon
+ Viacom Consumer Products , which acts as licensing agent for the Holly Hobbie
brand. For additional information about
The Mega Bloks Group, please visit http://www. television
network is seen in more than 89 million households and has been the
number-one-rated basic cable network for ten consecutive years.9 million
($0 .5 million ($0.2 million.
The impact on the Company's consolidated statements of cash flows
will be to increase both "net cash provided by operating activities"
and "net cash used in investing activities " by equal amounts.

unrelated otherwise

Holly Hobbie + Friends will introduce girls to Holly and her
friends Amy and Carrie , who spend summers together in the cozy town of Clover
and together experience all of the milestones and joys unique to 10-year-old
girls. Along with greeting cards, its
product lines include gift wrap, party goods, candles, stationery, calendars,
educational products, ornaments and electronic greetings.com. After conducting an internal review of its lease
accounting procedures, and after discussion by management and the
Chairperson of the Audit Committee of the Board of Directors of the
Company with its independent registered public accounting firm, the
Company determined that its historical accounting for leases was not
consistent with the accounting principles described in the SEC's
letter. The Company's Forms 10-Q for fiscal 2006
will reflect the restated information for the corresponding quarters
in fiscal 2005.

crafter printmaking

The Mega
Bloks Group is a global leader headquartered in Montreal, with a presence in
14 countries and sales in over one hundred.

Directories for a specific Craft will be found listed under the category for that Craft, this category lists directories that try to cover links to all, or at least many otherwise unrelated Crafts sites.

ivillage promoters

Nickelodeon , now in its 26th year, is the number-one entertainment brand
for kids. The earnings release will provide
instructions on how to access the call.

stamping crafts

On February 7, 2005, the Office of the Chief Accountant of the
Securities and Exchange Commission ("SEC") issued a letter to the
Center for Public Company Audit Firms of the American Institute of
Certified Public Accountants, which clarified existing generally
accepted accounting principles applicable to leases and leasehold
improvements. Further, in prior periods, the
Company had previously recognized the straight line rent expense for
leases beginning on the commencement date of store operations, which
had the effect of excluding the build-out period of its stores (during
which the Company typically made no rent payments) from the
calculation of the period over which it expenses rent on a
straight-line basis.0
million, an increase in deferred rent of approximately $29.8 million,
and a decrease in retained earnings of approximately $6.

crafters pattern

The Rose Art line, which
launches Fall 2006, will include knitting sets, beading kits, activity desks
and fun dough play sets. "Given Holly's love of crafts, this is the
ideal match of product infused with natural attributes of the property.

Web sites that don't focus on providing content themselves, but instead list links to other Web sites that provide the Crafts content.

craftspeople unrelated

megabloks.

About Nickelodeon + Viacom Consumer Products:

Nickelodeon + Viacom Consumer Products manages the third largest
licensing business in the world with $4. It has built a diverse, global business by putting kids first in
everything it does.
(NYSE: JAS), the leading national fabric and craft retailer (the
"Company"), today announced that it will revise its accounting for
leases.04 per share) for the fiscal years ended January 29, 2005 and
January 31, 2004, respectively, and an increase of $0 .com), the leading national
fabric and craft retailer with locations in 47 states, operates 730
Jo -Ann Fabrics and Crafts traditional stores and 120 Jo-Ann
superstores.

craftspeople arranging

(TSX: MB), will introduce a line of activity products in conjunction with the
launch of Holly Hobbie + Friends. Holly Hobbie + Friends is a modernized
version of the classic and iconic Holly Hobbie property, created nearly 40
years ago by American Greetings, which will debut in March with series of home
videos introducing today's girls to Holly. The
department handles the merchandising for Nick Jr. The Company's previously issued consolidated financial
statements, including those in the Company's Annual Report on Form
10-K for the year ended January 31, 2004 and in the Company's
Quarterly Reports on Form 10-Q for the quarters ended May 1, 2004,
July 31, 2004 and October 30, 2004, should no longer be relied upon .
In addition to a discussion of the Company's fiscal year 2005 results,
management will provide further detail into its outlook for fiscal
year 2006 on the conference call.

patterns mediums

Rose Art joins Holly Hobbie + Friends with a line of crafts products for young girls

PARTNERS WITH NICKELODEON AND AMERICAN GREETINGS FOR THE DEBUT OF THE NEW
"HOLLY HOBBIE + FRIENDS" PROPERTY

MONTREAL , Jan., Nickelodeon, Paramount
Pictures, Comedy Central, MTVN International, and Spike TV as well as several
off-channel businesses.
Jo-Ann Stores, Inc. (http://www.