WAYNE, NJ (August 24, 2010) – Toys“R”Us, Inc. (the “Company”) announced today the completion of the offering of $350 million aggregate principal amount of 7.375% Senior Secured Notes due 2016 (the “Notes”) by Toys“R”Us – Delaware, Inc. (“Toys-Delaware”), a direct wholly-owned subsidiary of the Company that operates all of the Company’s North American businesses. The Notes are guaranteed by certain of Toys-Delaware’s subsidiaries and were issued at a price equal to 100% of their principal amount. The Notes are not obligations of, or guaranteed by, Toys“R”Us, Inc.

Toys-Delaware used the proceeds of approximately $344 million from the offering of the Notes, together with the proceeds from its recently announced $700 million senior secured term loan due 2016, to repay its existing $800 million senior secured term loan due 2012 and $181 million senior unsecured term loan due 2013, to pay fees and expenses incurred in connection with the offering and for general corporate purposes. The Notes will be secured by first priority liens on trademarks and certain other intellectual property owned or acquired by certain guarantors, and second priority liens on inventory, equipment, accounts receivable and certain other personal property owned or acquired by Toys-Delaware and the guarantors, subject to permitted liens and certain excluded assets.

The Notes were offered only to qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act.

This release does not constitute an offer to sell or the solicitation of an offer to buy the Notes.

About Toys“R”Us, Inc.

Toys“R”Us, Inc. is the world’s leading dedicated toy and juvenile products retailer, offering a differentiated shopping experience through its family of brands. It currently sells merchandise in more than 1,560 stores, including 847 Toys“R”Us and Babies“R”Us stores in the United States, and more than 510 international stores and 200 licensed stores in 33 countries and jurisdictions. In addition, it exclusively operates the legendary FAO Schwarz brand and sells extraordinary toys in the brand’s flagship store on Fifth Avenue in New York City. With its strong portfolio of e-commerce sites including,,, and, it provides shoppers with a broad online selection of distinctive toy and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. employs approximately 70,000 associates worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need.

Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking. These statements are subject to risks, uncertainties, and other factors, including among others, competition in the retail industry, seasonality in Toys“R”Us, Inc.’s business, changes in consumer preferences and consumer spending patterns, product safety issues including product recalls, general economic conditions in the United States and internationally, Toys-Delaware’s and Toys“R”Us Inc.’s ability to implement their strategy, their respective substantial level of indebtedness and related debt-service obligations, restrictions imposed by covenants in Toys-Delaware’s and Toys“R”Us Inc.’s respective debt agreements, availability of adequate financing, changes in laws that impact the business of Toys-Delaware and Toys“R” Us Inc., dependence on key vendors for Toys“R”Us, Inc.’s merchandise, domestic and international events affecting the delivery of toys and other products to Toys“R”Us, Inc.’s stores, and economic, political and other developments associated with Toys“R”Us, Inc.’s international operations. Risks associated with forward-looking statements are more fully described in Toys“R”Us, Inc.’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they were made, and neither Toys-Delaware nor Toys“R”Us, Inc. undertakes the obligation to update these statements in light of subsequent events or developments.

# # #

For more information please contact:

Toys“R”Us, Inc.
Kathleen Waugh
Phone: (973) 617-5888