with more than 200 interactive books and over 450 skill cards
representing more than 6,000 pages of educational content., LeapFrog
Enterprises, Inc.
LeapFrog's award -winning U.

Contact: Eileen VanEss of LeapFrog Enterprises, Inc.

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consumer products are available in six
languages at major retailers in more than 25 countries around the world .

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Securities and Exchange Commission.1) million to ($14.

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CONTACT:
Investors: Media:
Eileen VanEss Cherie Stewart
Investor Relations Corporate Communications
510-420-5361 510-596-3343


The
LeapFrog SchoolHouse curriculum programs are currently in classrooms across
the U.

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LeapFrog reported that CEO Thomas Kalinske will assume Perez's
responsibilities and cited a continuing desire to streamline operations and
decision-making as the key reasons for the management change. I want to personally thank Jerry for
his dedication and commitment. (NYSE: LF) is a leading designer, developer and
marketer of innovative, technology-based learning products and related
proprietary content, dedicated to making learning effective and engaging for
all ages, at home and in schools, around the world.S. In this report, the company
disclosed that final audited results for the year ended December 31, 2004 were
slightly better than the preliminary results reported on February 15, 2005.

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The
LeapFrog SchoolHouse curriculum programs are currently in classrooms across
the U.5 million from ($8.

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3 million, due to the
reduction of sales allowances;
-- Costs of goods sold decreased $0.7 million due to lower inventory
reserves; and
-- Operating expenses increased by $0.

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S. EMERYVILLE, Calif.

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Commenting on the management changes, Kalinske said, "In the time that
Jerry has been with LeapFrog , he has made substantial contributions, including
helping to improve our results in 2005.5 million to $640.

The three preceding factors caused a reduction of the Company's 2004:

-- Loss from operations by $2.5) million; and
-- Net loss per share by $0.

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Emeryville,
California -based LeapFrog has developed a family of learning platforms that
come to life with more than 100 interactive software titles, covering
important subjects such as phonics, reading, math, music, geography , social
studies, spelling, vocabulary and science.0)
million;
-- Net loss by $1.11)
per share. is a leading designer, developer and marketer
of innovative, technology-based learning products and related proprietary
content, dedicated to making learning effective and engaging for all ages , at
home and in schools, around the world.

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consumer products are available in six
languages at major retailers in more than 25 countries around the world.

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Mr. In addition, the company has
created more than 35 stand-alone educational products for ages six months to
16 years.S., +1-510 -420-5361,
or ir@leapfrog.

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"LeapFrog is a remarkable company with an
exceptional future, and I believe that the long-term interests of the company
are best served with a single vision at the top".1 million from ($16.

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02 per share from ($0.13) per share to ($0. Emeryville, California-based LeapFrog
has developed a family of learning platforms that come to life with more than
100 interactive software titles, covering important subjects such as phonics,
reading, math, music, geography, social studies, spelling, vocabulary and
science.

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LeapFrog Enterprises Announces Organizational Change

, LeapFrog Enterprises
(NYSE: LF) today announced that it will consolidate the senior leadership
roles of CEO and President into one position, resulting in the resignation of
the current President , Jerome J.

About LeapFrog
LeapFrog Enterprises, Inc.

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Perez.
LeapFrog's award -winning U.1 million due to changes in various
expense accruals.

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S.
Changes from the preliminary results are as follows:

-- Net sales increased $1.sec.

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0) million to ($6.gov.

About LeapFrog
LeapFrog Enterprises, Inc. In addition, the company has created more than 35 stand-alone
educational products for ages six months to 16 years. with more than 200 interactive books and over 450 skill cards
representing more than 6,000 pages of educational content.

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"
"I have great respect for LeapFrog, its incredible products and its team
of outstanding people," Perez said. Perez has been President and has served on the LeapFrog board of
directors since February 2004.

For more information on LeapFrog's full year 2004 results, please see the
company's report on Form 10-K available at http://www.

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EMERYVILLE, Calif. (NYSE: LF), a leading developer of innovative technology-
based educational products, today filed its 2004 annual report on Form 10-K
with the U.

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LeapFrog Files Form 10-K; Final Audited Results Improve Slightly from Preliminary Results Reported for the Year Ended December 31 2004

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