"Marvel Million" Bonus to Retailers Program

N.A, New York -- APRIL 6-- Marvel Enterprises, Inc. (NYSE: MVL) is rewarding valued retailers with a bonus program that will give them a free over-shipment of 10% more copies than the order placed. The company also simultaneously announced that reorder fees will be waived.

The over-shipment will be implemented twice in 1999, post-receipt of retail orders, with the target months selected by the publisher.

Winston Fowlkes, Publisher, Marvel Enterprises, Inc., says that the total shipment, in excess of 500,000 copies, will focus on the top ten best-selling fan favorite titles, which have the best merchandising potential for the retailers. "Marvel wanted to find a way to show our appreciation for our loyal and valued retailers, and we have devised a program which enables them to increase their profit with no additional outlay on their part."

The second wave of retailer appreciation kicks in on April 12, when Marvel officially waives reorder fees. Matt Ragone, Vice President of Retail Sales, Marvel Entertainment, comments, "Our goal is to make it easier for our retail customer base to place reorders and waiving our fee is a mutually beneficial step in that direction."

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In More Marvel News............

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Marvel Enterprises, Inc. (NYSE: MVL) announced today that it has obtained a three year $60 million working capital facility from Citibank, N.A. The facility will be available to fund Marvel's capital expenditures and working capital requirements and for general corporate purposes.

Eric Ellenbogen, President and CEO of Marvel, commented, "With the Citibank working capital line in place, we have now finalized our capital structure and are fully poised to implement our business plan. Marvel has begun the second quarter well positioned to deliver on our growth objectives. In the last two months alone, we made progress across a number of important fronts. We disposed of a major non-core asset, assembled an outstanding management team, successfully completed a long-term $250 million financing and, with Sony Pictures Entertainment, launched the Spider-Man filmed entertainment franchise."

Marvel Enterprises, Inc. is one of the world's most prominent character- based entertainment companies with operations in the licensing, comic book publishing and toy businesses. Through its ownership of over 3,500 proprietary characters, the Company has published comic books for over 60 years in the United States and numerous foreign countries. The Company licenses the right to use its characters in a wide range of products such as apparel, snack foods, video games and collectibles, as well as for television

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