4Kids Entertainment, Inc. Common Stock To Move From New York Stock Exchange To OTC Bulletin Board Market

4Kids Entertainment, Inc. (NYSE: KDE), a global provider of children’s entertainment and merchandise licensing, today announced that New York Stock Exchange (“NYSE”) trading in its common stock will be suspended prior to the opening of trading on Tuesday, June 1, 2010. Beginning with the opening of trading at 9:30 AM on June 1, 2010, the 4Kids Entertainment common stock will trade under the new Stock symbol “KIDE” on the OTC Bulletin Board (“OTCBB”) market. The Company reported that it elected not to challenge the May 12, 2010 determination by the Committee of the Board of Directors of NYSE Regulation (the "Committee") that the common stock of 4Kids Entertainment, Inc. should be suspended from trading on the NYSE on account of the Company’s failure to comply with the NYSE listing standard requiring listed companies to maintain average global market capitalization of $15 million over a consecutive 30 day trading period.

Over-the-counter trading in the 4Kids Entertainment common stock will be carried out by market makers in the company's stock, including UBS, E-Trade and Citigroup, using inter-dealer quotation services. The Company has made arrangements with Standard & Poor's for this rating service and research organization to provide information to broker-dealers regarding 4Kids Entertainment, Inc.

"In view of the restructuring and downsizing of 4Kids, the Company no longer satisfies certain listing criteria for New York Stock Exchange traded companies,” said Alfred R. Kahn, Chairman and Chief Executive Officer of 4Kids Entertainment, Inc. “We, therefore, have made arrangements for the Company's common stock to trade on the OTCBB market beginning at the opening of trading on June 1, 2010. We expect the transition to the over-the-counter market from the New York Stock Exchange to be seamless for our stockholders and for the investment community," concluded Kahn.

About 4Kids Entertainment, Inc.

With U.S. headquarters in New York City, regional offices for its trading card business in San Diego, California and international offices in London, 4Kids Entertainment, Inc. (NYSE: KDE) is a global organization devoted to the creation, development, production, broadcasting, distribution, licensing and manufacturing of children’s entertainment products.