DELAWARE COURT FINDS IN FAVOR OF MATTEL AND FISHER-PRICE

LeapFrog Enterprises Lawsuit Dismissed, Patent Claim Found to be Invalid

El Segundo, Calif., March 31, 2006 – Mattel, Inc. today announced that it had prevailed in a lawsuit brought against it by LeapFrog Enterprises, Inc. The U.S. District Court in Wilmington, Delaware, found that Mattel, Inc. and its wholly owned subsidiary Fisher-Price did not infringe a patent held by LeapFrog Enterprises, Inc. Furthermore, the asserted patent claim was found to be invalid.

“We are pleased that after a full hearing the Court found in our favor,” said Neil Friedman, President of Mattel Brands. “As a company that invests significantly in the development of innovative products and intellectual property, we respect the intellectual property rights of others
and conduct our business with the utmost integrity.”