OTHER NEWS - April 12, 1996

Mattel to Review Accounting Allegations: The El Segundo-based toy manufacturer said it has asked the audit committee of its board of directors to conduct an independent review of claims that it boosted its earnings through improper accounting practices. The company said the committee selected Gary Lynch, former enforcement director of the Securities and Exchange Commission, to lead the probe. The committee will examine allegations, which were recently made in a wrongful-termination lawsuit filed by a former Mattel executive. Mattel shares fell 87.5 cents to $24.375 on the New York Stock Exchange.