Come and play at fossil.

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Total revenues for the third quarter are expected to be
approximately $44 million, which is in line with the company's
previous outlook of $43 to $46 million. B.m. An original
concept based on personalization, the fossil.

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rolfs. Feel free to create endless looks to fit
your every mood. Monday got you feeling blue? A metallic silver strap will
perk you up! You're a rock star on Thursday? With a black-leather studded
strap and black dial, you are ready to hit the stage.fossil.

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20 per diluted share, compared to its previous third quarter 2005
earnings per share guidance of $0. The dial-in number for the call is
(913) 981-4911 . Merchandise is sold under various national brand names as
well as private labels to all major levels of retail distribution,
including the ROLFS e-commerce web site at www. Full-out fashion diva on
Friday? Pink suede strap with a demure pink round dial is fit for a queen.com .

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com where we got your look. The company's products are sold in department
stores and specialty retail stores in over 90 countries around the world, in
addition to the company's e-commerce website at http://www.

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We look forward to further discussing our planned
initiatives, as well as our guidance for the fourth quarter, during
our scheduled third quarter conference call. The
company's principal offerings include an extensive line of fashion watches
sold under the company's proprietary and licensed brands .

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We are working aggressively to return the
women's mass merchant business to acceptable levels of profitability
and performance. We believe that our initiatives, while still being
finalized, will properly address the issues impacting this segment of
our business.

Interactive Site From Fossil Gives You Permission to Play; Fossil.com Site Offers the Freedom to Create Your Own Watch Your Way

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05 to $0.

Accessories are those items normally worn with or that are part of clothing outfits to include handbags, wallets and belts.

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Consumer
demand toward the end of the quarter was affected by adverse weather
conditions in many parts of the country."
The Company is scheduled to release its third quarter 2005
financial results on April 22, 2005, and will hold a conference call
that same day at 10:00 a. The company also
offers complementary lines of small leather goods, belts, handbags,
sunglasses, jewelry and apparel.

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The reductions in traffic
during the Easter shopping season and competitive retail pressures,
created a challenging market environment, particularly in the women 's
mass merchant business segment."
Mr. While the level of returns in our gift
accessories business was higher than expected in the third quarter,
the financial performance of ETON remains strong and above our
internal plan.

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(Nasdaq NM:TBAC) today announced preliminary
financial results for the third quarter ended March 31, 2005. A live webcast of the conference call will also be
broadcast at: www.

First, log on.

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com, is ready to
show you the ins and outs of building your own creative look. Fossil (Nasdaq: FOSL) is bursting with stylish and hip
designs to reinvent your look with a choice of over 600 combinations of straps
and dials for men and over 1700 combinations for women. In the first couple
steps, choose a strap and dial.

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For those who are unable to listen to the live
broadcast, an audio replay of the call will be available through
Friday, April 29 , 2005, and can be accessed by dialing (719) 457-0820,
passcode #5497798. The third step instantaneously features the
watch you have just created in addition the details of your dial and strap are
listed on the same page.

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08 per diluted share. The
net loss relates to softer than expected results during March,
particularly in the company's women's mass merchant accessory
business, increased selling , general and administrative expenses, and
higher than anticipated return experience related to the ETON gift
accessory business.
J. S.

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The company expects to report
a per share net loss for the third quarter ranging between $0.viavid.com interactive site lets you
show off your moves and lets you define your identity, your way.

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Tandy Brands Accessories, Inc. Stylish and hip WATCH BAR(TM), available on fossil.

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Our men's business, which already benefits from some of
the improvements that need to be made to our women's group, continues
to exceed our expectations.
Those risks include, among other things, the competitive environment
in the industry in general and in the Company's specific market areas,
inflation, changes in costs of goods and services and economic
conditions in general and in the Company's specific market area. Those
and other risks are more fully described in the Company's filings with
the Securities and Exchange Commission.

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15 and
$0 .

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Jenkins concluded, "We continue to believe strongly in our
market opportunities.

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Key product
categories include belts, wallets, handbags, suspenders, socks,
scarves, neckwear, gifts, sporting goods, and cold weather and hair
accessories. Be bold, be classic, be
sexy, be hip -- above all -- BE CREATIVE !

Visit the WATCH BAR(TM) at
http://www.

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Jenkins, President and Chief Executive Officer ,
commented, "We are clearly disappointed with our recent results and
near-term outlook, which have not met our expectations.net

Safe Harbor Language

Except for historical information contained herein, the statements
in this release are forward-looking and made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995.

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Tandy Brands Accessories Announces Preliminary Third Quarter 2005 Results

com/jump.

About Fossil
Fossil is a design, development, marketing and distribution company that
specializes in consumer products predicated on fashion and value.

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ET. Forward-looking statements involve known and unknown risks and
uncertainties, which may cause the Company's actual results in future
periods to differ materially from forecasted or expected results.
Certain product, press release and SEC filing information concerning the
Company is available at the website.

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We believe that the issues impacting
our women's business in the third quarter will carry over into the
fourth quarter.net

About Tandy Brands Accessories , Inc.fossil.jsp?itemID=2277+itemType=CATEGORY .

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Business Editors

ARLINGTON, Texas----Tandy Brands
Accessories, Inc. designs, manufactures and markets
fashion accessories for men, women and children. RICHARDSON, Texas, Customization never
looked better as when you've strapped on a FOSSIL(R) watch that you created
yourself. Want to change that dial? Perhaps you want to see
another colored strap? No problem, just click on the change strap or dial
option on the bottom of the screen .