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Tokyopop Taps Former Sony Pictures Entertainment Exec for CFO

TOKYOPOP INC. TAPS FORMER SONY PICTURES ENTERTAINMENT SENIOR EXEC MARK
LEBOWITZ FOR CFO

Los Angeles, CA (March 9, 2004)--TokyoPop Inc., North America's #1
manga publisher and a burgeoning international entertainment company, has
announced the hiring of Mark Lebowitz as Chief Financial Officer.
Lebowitz comes to TOKYOPOP with over 15 years of proven financial and
operational experience in the entertainment, distribution, media,
international and manufacturing sectors. The former SPE pro will use his strong
analytical, leadership and business development expertise to champion the
company's financial and operating performance and build upon the
phenomenal success TOKYOPOP has seen in the past several years.

"We couldn't be more pleased to have secured someone of Mark Lebowitz's
caliber for this important role," said John Parker, TOKYOPOP's
President & COO. "This is a tremendous time of growth for our company, and we
are confident that Mark has what it takes to maximize our financial
success."

Mr. Lebowitz's successful track record is evident. As Senior Vice
President/Chief Financial Officer of Sony Pictures' worldwide television
operations, he led the financial and business development activities for
the business unit and managed a staff of more than 100. His efforts
resulted in the successful launch of a number of new businesses and
pay/cable networks, as well as substantial cost savings and increased cash
flow. Lebowitz has also held high-level executive finance positions with
HarperCollins Publishers and Paramount Pictures Corporation.

"I am delighted to be joining such a well-respected market leader,"
said Lebowitz. "As TOKYOPOP continues to experience unprecedented growth,
I look forward to championing the company's increased operating
performance and commit to take its reporting methodology to the next level."

Mr. Lebowitz holds an MBA in Finance and Marketing from the University
of Miami and a Bachelor of Science degree in Accounting from The
Pennsylvania State University. He is also a CPA and a member of the American
Institute of Certified Public Accountants.


ABOUT TokyoPop Inc.
TokyoPop Inc. is the leading North American publisher of manga, the
fastest growing segment within the publishing industry. With exclusive
rights to hundreds of licensed and original book, video and music
properties, the company has rapidly become a media convergence leader. TOKYOPOP
has millions of books in print and publishes many hit manga series,
including Love Hina, Chobits, Rave Master, Initial D, GTO, Battle Royale
and Cowboy Bebop. The company pioneered Cine-Manga(TM), releasing such
titles as Finding Nemo, SpongeBob SquarePants, Lizzie McGuire, Astro Boy
and Transformers: Armada. TOKYOPOP television properties include Rave
Master, GTO and Reign: The Conqueror. The company has also expanded its
presence as a licensor, representing merchandising rights for Rave
Master, Initial D, Stray Sheep and others. Visit www.TOKYOPOP.com for
additional information. TOKYOPOP(R) is a registered trademark of TOKYOPOP
Inc.

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