MEGA Brands will file its second quarter financial results on August 18, 2008



    MONTREAL, Aug. 13 /CNW Telbec/ - MEGA Brands Inc. (TSX: MB) announces
that it will file its second quarter financial statements and all related
documents on Monday, August 18, 2008.
    The private placement announced on Monday, August 11, 2008 includes, as a
closing condition, the approval of certain covenant waivers from lenders with
regards to credit agreements that will have material impact on the notes to
the financial statements and the MD&A for the period ended June 30, 2008.
Postponing the filing of the financial statements and management discussion
and analysis for two business days will provide the Corporation with
sufficient time to finalize the transaction and properly report it as material
subsequent events for the second quarter.
    An analyst conference call will be held at 9:00 a.m. on August 19, 2008
to discuss the results. Participants may listen to the call by dialing
1 (800) 814-4862. For those unable to participate, a replay will be available
until August 26, 2008. The replay phone number is 1 (416) 640-1917, access
code 21278141#.

    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.
    %SEDAR: 00017602E




For further information:

For further information: Analysts and investors: Eric Phaneuf, (514)
333-5555 ext. 2538, ephaneuf@megabrands.com; Media: Harold Chizick, (514)
333-5555 ext. 2338, hchizick@megabrands.com

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MEGA Brands Inc.

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