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Topps Confirms EU Fine

The Topps Company, Inc. (TOPP) confirmed that it has been fined 1.59 million euros (1.92 million dollars) by the European Commission in connection with an investigation begun by the Commission in the year 2000 relating to the sale by certain Topps subsidiaries of Pokemon products in Europe. The Commission's investigation had been previously disclosed in the Company's SEC filings.

Source: The Topps Company, Inc.
Date: May 26, 2004

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