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PR Newswire
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Mega Brands announces correction to certain information in its management information circular

MONTREAL, June 23 /PRNewswire-FirstCall/ -- MEGA Brands Inc (TSX:MB) (the "Company") announced today that the chart on page 3 of the Company's management information circular dated May 7, 2008 in the section headed "Voting Shares and Principal Shareholders" listing the names of all persons or companies that, as at April 25, 2008, owned of record or, to the knowledge of the directors and officers of the Corporation, owned beneficially, directly or indirectly, or exercised control over more than 10% of the common shares of the Company ("Common Shares") inadvertently omitted to include certain information. The chart correctly identifies Victor J. Bertrand as owning 4,415,711 Common Shares, representing 12.06% of the Company's outstanding Common Shares as of that date. However, in addition, and as disclosed more fully in the alternative monthly early warning report dated December 10, 2007 available on the Company's profile on SEDAR (http://www.sedar.com/), as of November 30, 2007 AIM Funds Management Inc. and its affiliate, INVESCO Asset Management (Japan) Limited collectively owned 7,245,000 Common Shares, representing approximately 19.8% of the outstanding Common Shares as at that date.

About MEGA Brands

MEGA Brands is a trusted family of leading global brands in construction toys, games & puzzles, arts & crafts and stationery. We offer engaging creative experiences for children and families through innovative, well-designed, affordable and high-quality products that deliver on our Creativity to the Rescue promise. For more information, please visit http://www.megabrands.com/.

The MEGA logo, Creativity to the Rescue, MEGA BLOKS, ROSE ART, MAGNETIX, BOARD DUDES and MAGNEXT are trademarks of MEGA Brands Inc. or its affiliates.

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© 2008 PR Newswire
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